• 4 minutes Trump will meet with executives in the energy industry to discuss the impact of COVID-19
  • 8 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 11 minutes Why Trump Is Right to Re-Open the Economy
  • 13 minutes Its going to be an oil bloodbath
  • 5 hours While China was covering up Covid-19 it went on an international buying spree for ventilators and masks. From Jan 7th until the end of February China bought 2.2 Billion masks !
  • 5 mins Ten days ago Trump sent New York Hydroxychloroquine. Being administered to infected. Covid deaths dropped last few days. Fewer on ventilators. Hydroxychloroquine "Cause and Effect" ?
  • 16 mins US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 10 hours China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 7 hours Real Death Toll In CCP Virus May Be 12X Official Toll
  • 3 mins Which producers will shut in first?
  • 7 hours Marine based energy generation
  • 12 hours Today 127 new cases in US, 99 in China, 778 in Italy
  • 7 hours What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
  • 8 hours How to Create a Pandemic
  • 9 hours Apple to Bypass Internet and Beam Directly to Phones
  • 24 hours TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
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…

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The Best Shale Investment This Summer

oil rig

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…




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