• 4 minutes "Natural Gas Trading Picks Up Considerably Amid High Volatility" by Charles Kennedy - ...And is U.S. NatGas Futures dramatically overbought at the $6.35 range?
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 21 mins Natural Gas is the Cleanest and most Likely Source of Energy to Fuel the World.
  • 2 days "Russia will stop 'in a moment' if Ukraine meets terms - Kremlin" by Reuters via Yahoo News...but Reuters suddenly cut out the balanced part of the story.
  • 2 days Advancing Fundamental Drilling Science - Geothermal drilling successes offer potential gain for petroleum industry
  • 20 hours The World Economic Forum (WEF) - Davos 2022 Conference held this last week of May
  • 4 days What China is Learning from Russia's War in Ukraine and its Consequences
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

The Best Shale Investment This Summer

Three very different news stories dominated the week in energy – let’s look at those and then some oil ideas that might come from them.

The President made an 180-degree turn away from Chinese sanctions despite promising it to the delight of steel and aluminum workers during the campaign – and recently in tweets.

Now all of this is apparently on hold, and comes along with a promise of help for the already sanctioned ZTE Chinese phone company.

The return promises from China are a freer road into China for American goods – including oil and LNG.

But China has shown a great ability to promise much and deliver little, so we shouldn’t count this as a win yet – but the avoidance of a trade war should be seen as a very good thing for our energy stocks.

Second, we have the new stories of  inside relationships of several Gulf states with the Trump campaign prior to winning the election. These discussions might help explain the easy decision of the Trump administration to abandon the Iran deal; part of those talks could have included a Saudi increase of lost Iranian supply in the wake of new sanctions. In addition, the June meetings might talk about relieving some of the production restraints inside OPEC members.

But I equally wouldn’t be so quick to believe these promises from the Saudis. They have suffered for the last 4 years with sub-$50 oil prices and with their big upcoming Saudi Aramco IPO…




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