Tag Archives: energy

Will black gold price follow yellow gold?

Until very recently, the oil price and gold price tended to follow a similar pattern, as evidence by the below chart.  The fundamentals driving these prices differ of course, but over my many years I’ve come to expect the two … Continue reading

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Time to Buy Canadian Energy Stocks

Oil and Gas is a Cyclical Business It’s no secret that oil demand has been demolished by the novel coronavirus and coincident recession, but in my experience the best indicator of supply adjusting to the downside is activity in the … Continue reading

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US Energy Self-Sufficient – But for how long?

According to the Energy Information Administration, the US is more than self-sufficient when it comes to energy.  For the first time in a very long time, production of energy (all sources) exceeded consumption in 2019. What we do know is … Continue reading

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Credit Shock due to COVID-19 Unprecedented

This quote is the latest from Moody’s: The credit shock created by the coronavirus pandemic is completely unprecedented, given the number of geographies and industries affected, and the lack of clarity as to when the economic implications of the pandemic … Continue reading

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Avoid natural gas companies despite bounce in energy sector.

Oil has had a spectacular rebound as news that OPEC+ might be willing to come to some sort of agreement (with Trump’s help?) The price of WTI popped from the $20 level.  I did share that on March 20 I … Continue reading

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Nuclear is best solution to lower carbon emissions – and Cameco is dirt cheap!

I was inspired to have a look at Cameco, one of the world’s largest miners of uranium, when I saw this news from the Energy Information Administration (EIA): Nuclear power plants play an important role in U.S. electricity generation, consistently … Continue reading

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Just before the carnage I said avoid the oils; I’ve decided to start buying again.

Having been through numerous energy cycles, I’ve learned on valuable lesson: Sell high and buy low.  Sounds simple enough but its always difficult.  Just a few weeks ago I recommended avoiding energy stocks (which turned out to be perfect timing). … Continue reading

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Hot off the presses: EIA revised down fuel demand growth.

It seems the experts are finally catching up to me.  The US Energy Information Administration has revised down its outlook for fuels demand due to the coronavirus outbreak and it’s looking bleak (for producers) and great (for consumers). “EIA estimates … Continue reading

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Who predicted these oil prices? I’ll tell you.

The following prescient quote is from February 2014: The economies of China and India have slowed, and the U.S. is trending towards energy self-sufficiency thanks to production growth nobody envisioned back then.  The question today is why oil prices haven’t … Continue reading

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Who could have predicted these oil prices? I’ll tell you.

The following prescient quote is from February 2014: The economies of China and India have slowed, and the U.S. is trending towards energy self-sufficiency thanks to production growth nobody envisioned back then.  The question today is why oil prices haven’t … Continue reading

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