Big Oil Betting On Electric Vehicles?

I've been enamored with electric vehicles since long before they were commercially available. Way back in 1975, Mechanix Illustrated featured the "Urba Town car" and offered plans to build your own Electric Car. It required removing the body from a … [Read more...]

Futuristic Advances to Ancient Materials

"Everything that can be invented has been invented." This quote has been mistakenly attributed to Charles Holland Duell commissioner of the United States Patent and Trademark Office from 1898 to 1901. The advance of technology has grown … [Read more...]

America & Money: Cool Facts About the History of Our Monetary System

Since 1776, many things have changed dramatically in America. One of the most drastic series of changes has been in the way we conduct transactions using money. Believe it or not, the monetary system that is in place today would be almost completely … [Read more...]

Is a Second OPEC Cut In The Cards?

In November 2016 with great fanfare, OPEC announced a production cut in an effort to drive up prices in light of the massive global supply glut, partially the result of U.S. shale oil flooding the market. This supply glut had put every Oil producing … [Read more...]

Are Oil Production Costs Rising or Falling?

Oil Majors' Costs Have Risen 66% Since 2011 The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. Oil prices have stabilized and the cost cutting measures … [Read more...]

Gold Prices Inching Higher

Several factors determine the U.S. price of gold. Inflation, market uncertainty (i.e. worry),  the value of the Dollar compared to other currencies (a falling dollar increases the gold price), supply and demand. Market supply can come from three … [Read more...]

The Oil War Just Getting Started

Let the battle begin. OPEC is trying to cut production and drive prices up while U.S. Shale Oil producers are seeing the increase in oil prices as an opportunity to get back in the game. More oil rigs are coming on line in the U.S. accompanied by … [Read more...]

Oil Prices Running Out Of Reasons To Rally?

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from … [Read more...]

Oil Prices High Enough to Spark Shale Rebound

U.S. Shale Is Now Cash Flow Neutral - What that means is that Operating Cash flow is finally covering the cost of Capex (i.e. Capital Expenditures - an expense is a capital expenditure when the asset is a newly purchased capital asset or an … [Read more...]

Trump Changes Everything

This morning I received an email alert from Michael Swanson editor of WallStreetWindow.com in it  Mike makes this shocking statement... "It's all about the US dollar for Trump and his advisors. Wild markets mean that we cannot make bets any longer … [Read more...]