• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours U.S. Presidential Elections Status - Electoral Votes
  • 55 mins Evergrande is going Belly Up.
  • 11 hours Australia sues Neoen for lack of power from its Tesla battery
  • 3 mins Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 1 day Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 21 hours Oil Price: does the security vacuum in the Middle East spook investors?
  • 2 days Europeans and Americans are beginning to see the results of depending on renewables.
  • 5 days The unexpected loss of output from wind turbines compels UK to turn to an alternative; It's not what you think!
  • 6 days Poland Expands LNG Powered Trucking and Fueling Stations
  • 2 days Forecasts for Natural Gas
  • 4 days Ten Years of Plunging Solar Prices
  • 4 days Extraction of gasoline from crude oil.
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