I count myself among the pool of investors who believed that oil could spike higher and bought some Canadian oil trusts - pwe and erf - only to find that they now trade at the same price that they...
The rise in the price of oil is stimulating the development of many new kinds of energy sources, from tar shales, to new drilling, to other types of oil and energy alternatives.
Many oil...
Article | Submitted Sep 13, 2007 | Views: 265 | Comments: 0
Tags: energy, oil, tar shale, tar
The US has initiated a widespread probe into possible short term manipulation of oil prices by traders. Here's an interesting quote from the Reuters article:
"However traders and analysts...
few weeks ago I indicated that the rising price of oil was based more on speculation rather than supply and demand. I also pointed to the price of oil peaking this year, with prices likely to fall...
The drop in oil prices of almost $24 per barrel has started to shift much of the conversation. Instead of talking about unlimited demand and shrinking supply, people are returning to economic...
The hidden story in the economy is the fact that oil prices have collapsed. For the Sheiks in the Middle East and Vladimir Putin, this is bad. For people like you and me, it's great.
Great resource for insight into the oil market. The free version has a two week lag but it's good enough to get a broad sense of where things are going with oil and gas prices
Series | Submitted Jul 9, 2007 | Views: 471 | Comments: 0
Tags: energy, oil, gas
Gold has continued to go up over the last couple of months and now sits as at close to a 10 year high. Will it continue to go up? I believe so and here is why:
Oil prices have surged to record highs above $88 a barrel.
Prices have more than quadrupled since 2002 and are currently 40% higher than at the start of the year.
What factors are causing...
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