• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 3 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 18 hours Wind droughts
  • 4 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 2 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 2 days Oil Prices Fall After Fed Raises Rates
  • 12 days How Far Have We Really Gotten With Alternative Energy
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 10 days "Russian oil executive and Putin critic Ravil Maganov dead after mysterious six-story fall" - The New York Post
  • 2 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 7 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
  • 10 days The Federal Reserve and Money...Aspects which are not widely known
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

Buying The Dip In Oil And Gas

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,…




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