• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 13 hours Norway horrified as new rates make EV charging prices higher than petrol
  • 5 hours 60 mph electric mopeds
  • 3 hours US-China tech competition accelerates: on Friday 05/15 new sanctions on Huawei, on Monday 05/18 Samsung chief visits China
  • 2 hours COVID 19 May Be Less Deadly Than Flu Study Finds
  • 5 hours China to Impose Dictatorship on Hong Kong
  • 9 hours Why 2030-Isn.t-The-Magic-Year-For-Electric-Vehicles
  • 12 hours Monetary and Fiscal Policies in Times of Large Debt:
  • 4 hours Iran's first oil tanker has arrived near Venezuela
  • 21 mins Payback Time: Republican Senators turn the tables on Democrats. The difference is the Republican investigations are legit.
  • 17 hours Let’s Try This....
  • 13 hours DEFIANCE – There are More of Us Than Them
  • 12 hours Ventura County to Replace Natural Gas Generation with Battery Storage
  • 14 hours Trumpe will win next election, hands down.
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

An Energy Company that Continues to Excite Me

There’s no doubt that the energy sector has been a virtual minefield this year. With the Dow Jones Industrial Average hitting fresh highs, you would think just about any energy company would be doing well, but some are performing spectacularly while others are in a deep funk.

I’ve done a lot to tell you how I try to separate the wheat from the chaff, the great potential runners like Anadarko and EOG resources and avoiding the slowpokes like Devon energy, BP and SandRidge. 

One name that continues to excite me was Noble Energy (NBL).  I was talking to a fellow trader yesterday about Noble and specifically cited its mostly ignored but, I believe, game-changing investment in the Leviathan offshore project in the Mediterranean Sea off of the Israeli coast. This morning, Noble released a report showing just how spectacularly this project is moving along. With the recent moderation in Noble shares over the past several days bringing the price below $110, I am reiterating my recommendation. Now would be a great time to either begin or increase your exposure to Noble.

Leviathan has been much ignored because it is almost entirely natural gas and will affect only the markets surrounding the Eastern Mediterranean; Turkey, Italy and Greece. But here's the thing: Europe isn’t the US and Natural gas is good in these markets, spectacularly so: Italy and Greece are two of the more expensive local markets in Europe with prices almost three times…




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