• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 hours How Far Have We Really Gotten With Alternative Energy
  • 7 hours If hydrogen is the answer, you're asking the wrong question
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 20 hours Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 4 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Why Well Efficiency Is Overvalued

When investing in energy companies, or anything else for that matter, we’re playing a bit of a game. There’s tons of information out there coming from oil companies and the analysts that cover them, trying to paint a certain picture on oil. On the other side are the media, mostly lacking in perspective and experience, trying to make a headline or story pitch that will get lots of views, clicks and interest.

Into that morass, we have to figure out what’s really happening, and make predictions on where to put our investment dollar. It’s not easy.

I don’t accuse anyone of misrepresentation – the oil companies are merely trying to show things in their best light, the analysts are trying to spur trading activity. Most journalists on oil come from a generalized financial background and don’t have a clue. But if you look hard, you can find unbiased, deeply researched data. And there are some experienced oil players that have no ‘side of the fight’ they need to be on, and can interpret data and generate useful opinions on where the next investment opportunity might be. I like to think I’m one of those players.

Let’s look at one idea that’s been getting enormous traction, but that I disagree with, during this oil shake-up of the last two plus years: That we’ve entered a new era of lower oil prices that are here to stay and oil companies have prepared themselves to survive it.

We know…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News