• 6 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 15 minutes WTI @ $75.75, headed for $64 - 67
  • 49 mins Satellite Moons to Replace Streetlamps?!
  • 16 hours US top CEO's are spending their own money on the midterm elections
  • 2 hours EU to Splash Billions on Battery Factories
  • 2 hours U.S. Shale Oil Debt: Deep the Denial
  • 3 hours The Balkans Are Coming Apart at the Seams Again
  • 18 hours OPEC Is Struggling To Deliver On Increased Output Pledge
  • 3 hours The Dirt on Clean Electric Cars
  • 1 day Petrol versus EV
  • 14 hours Uber IPO Proposals Value Company at $120 Billion
  • 4 hours 47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
  • 20 hours U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 16 hours A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 21 hours 10 Incredible Facts about U.S. LNG
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

Buying The Dip In Oil And Gas

Rig

It’s so hard to be consistent as an energy analyst and trader – there’s truly no other sector with so much of the economy riding on it that seems to undergo more ups and downs.

We’ll have months, sometimes years of rising prices like other growth areas in the economy – with rising production, increasing jobs, stronger balance sheets. All seems to be going well and then – BOOM - almost without warning, we’ll get a complete market bust.

As an analyst, I’ll spend the next months, and more likely years, just waiting for the gluts and overspending to slowly drip out. My days become a constant search for the one or two lone sub-sectors or companies that might have seen a bit ahead, maybe prepared (at least a little?) for the bust cycle and are scrupulously planning longer-term towards the next boom cycle with discipline.

And then – when you think you might have found one, maybe ONE company with a bit of foresight, a plan for the downturn, and an even more disciplined plan for the inevitable turnaround in prices, another, entirely unrelated but massively destructive event will emerge out of the blue.

Frustrated, and likely with some of my own money in this company, I’ll now try to figure out whether this event – whatever it is – is fairly re-valuing my investment, and whether I should see this as an opportunity --- or as an omen – to go find another place for my capital.

Now,…

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