• 16 mins What will happen with Venezuela's oil sector? Privatization needed?
  • 45 mins Here we go! Oil Heads Up To $74 a Barrel, But U.S. Bonds, Crude Supply Cast A Pall
  • 6 hours I am buying Huawei phone
  • 3 hours Yemen's Rebels Step Up Attacks on Aramco Oil Facilities
  • 4 hours Autobots Roll Out! - Transforming Robot Unveiled In Japan
  • 3 hours Shell and Total Results Buoyed By Higher Oil Prices. Results From Exxon And Chevron Are Expected On Friday
  • 14 hours Saudi Arabia Looks To Raise $10bn In Privatization Scheme
  • 3 hours Comprehensive List of Factors that affect crude oil price
  • 1 day China's Yuan Oil Contracts: No Liquidity, but It Will be Built
  • 1 day China Has The Ultimate Population Control Weapon
  • 1 day What happened to stocks yesterday?
  • 9 hours libya's oil disruption to send oil prices up?
  • 23 hours Electric Buses are Eating into Oil Demand
  • 4 hours Large-Cap Oil Earnings: What to Watch
  • 1 day Trump's top energy adviser resigns
  • 1 day Trump Warns Iran Against Restarting Nuclear Program
Alt Text

A Crisis At The Heart Of U.S. Shale

The Permian basin is the…

Alt Text

Oil Prices Dip On Crude, Gasoline Build

Oil prices fell slightly on…

Alt Text

Norway To Create Thousands Of Jobs In Arctic Oil

Norway’s Johan Castberg project could…

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

Trending Discussions

These Downstream Companies Are Poised For Gains This Year

Watching the Rex Tillerson confirmation hearings, I’m wondering how his move as the head of the State department, should he be confirmed, would impact oil and gas stocks. There’s a lot there to be considered.

The most obvious initial impact could be with Exxon-Mobil (XOM) itself. It’s not just in the psychological buying that would likely come into the market with the Ex-CEO becoming Secretary of State, it is the possibility of the reduction or outright complete rollback of Russian sanctions. Those sanctions have been the lone blockade to a half a trillion (yes, trillion) dollar potential of Russian oil development with which Exxon has a partnership agreement.

And while the immediate rollback of sanctions would look completely and transparently for the benefit of Russia and Exxon and likely to get scrutinized, I fully expect it to happen.

But let’s go a bit beyond the benefits to Exxon and Russia.

Here in the U.S., there have been several Trump statements on the campaign trail to ‘unleash U.S. energy potential’ and besides some obvious ideas of further opening up Federal lands for drilling or somehow increasing U.S. reliance on coal, there is one idea that might get us in front of a trend and make us some money.

Pipelines.

Infrastructure bottlenecks that have plagued the natural gas industry for the past several years, but also oil takeaway as well. Basis price differentials in oil have helped keep Bakken…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News