Oil

Iran: Oh, No, Not Again

Jan 13th, 2012 | By | Category: Featured, Oil, Politics
In each of the years 2008, 2009 and 2010, significant worries emerged that Western nations might attack Iran. Here in 2012, similar concerns are once again at the surface. Why revisit this topic again? Simply because if actions against Iran trigger a shutdown of the Strait of Hormuz, through which 40% ...read more


Iran’s Desperate Gamble to Push Oil Up to $200

Jan 3rd, 2012 | By | Category: Featured, International, Oil
As this tumultuous and volatile year draws to an end, it's time to turn your thoughts to 2012. What will the new year bring…and what can you do to prepare for it? I've given it a lot of thought, drawing on my decades of market-watching experience. In the end, I came ...read more


Riots in France a Symptom of Declining Western Wealth

Nov 15th, 2010 | By | Category: Economics, Featured, Oil
The French nation was hobbled by strikes, rolling strikes, street violence and other protests. It sprung from the proposal of French Pres. Sarkozy to raise the minimum retirement age to 62, by 2018 — or so the newspapers tell us. Let’s think about it, though. As a long-time follower of the ...read more


Still Profiting from Deepwater Drilling

Sep 8th, 2010 | By | Category: Featured, Oil
Not long ago, I interviewed Ali Moshiri, President of Chevron Africa and Latin America Exploration and Production Company. We discussed his role at Chevron, where he runs energy exploration and development in the vast Atlantic Basin. We also discussed Mr. Moshiri’s views on what Mexico needs to do to breathe ...read more


Mexico’s Crashing Oil Industry

Aug 9th, 2010 | By | Category: Featured, International, Oil
Mexico is a critical oil supplier to the United States. But Mexico’s ‘s oil industry is in crisis. Indeed the grim numbers come from no less a source than the Mexican Energy Ministry. Production statistics make it clear that Mexico’s overall oil output is declining rapidly — with the word ...read more


Africa, Latin America and Energy Development in the Atlantic Basin

Aug 4th, 2010 | By | Category: Energy, Featured, International, Oil
Recently, I had a long talk with Ali Moshiri, President of Chevron Africa and Latin America Exploration and Production Company. Mr. Moshiri been has been working for Chevron for over 30 years. He’s one busy man, whose responsibilities begin in the southern waters of the Gulf of Mexico and extend ...read more


Oil Crisis to the South, But Oil Opportunity to the North

Jul 21st, 2010 | By | Category: Featured, Oil
In the aftermath of the Deepwater Horizon explosion and the ongoing oil blowout in the Gulf of Mexico (GOM), risk factors have changed for fossil fuel energy developments. We need to consider what it means for our future investment strategy — indeed, there are more lucrative opportunities if you look in ...read more


Taking Advantage of the Oil Refining Slump

Jul 14th, 2010 | By | Category: Featured, Oil, Personal Investing
Thomas O’Malley, a 68-year-old investor, has made billions for himself and his backers as an investor in oil refineries — those twinkling jungle gyms of pipes and tanks and columns that turn crude oil into useful products like gasoline. This is O’Malley’s playground. He has probably bought and sold more refineries ...read more


How to Make 50% with an Energy Play Rebound

Jun 28th, 2010 | By | Category: Energy, Featured, Oil, Personal Investing
You’ve probably heard that old piece of investing advice to “Buy when there’s blood in the streets.” Basically, it means that there’s a geographical area, business sector or line of business that has fallen seriously out of favor. Thus, there are screaming bargains available, if you have the guts to ...read more


Nukes and Expensive Oil

Jun 11th, 2010 | By | Category: Featured, Oil
A reader named Marilyn, from Oregon, wrote with the following question:  “I’ve read Internet threads where people want to use a nuclear weapon to close the oil well blowout in the Gulf of Mexico. Even Matt Simmons, who’s a hero to me because of his Peak Oil work, says we might ...read more