• 4 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 7 minutes Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 13 minutes NordStream2
  • 9 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 7 hours California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 9 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 3 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 23 hours U.S. : Employers Can Buy Retirement Security for $2.64 an Hour
  • 1 day Nord Stream - US/German consultations
  • 3 days An Indian Opinion on What is Going on in China
  • 3 days Can Technology Keep Coal Plants Alive and Well?
  • 5 days Succession Planning in Human Resources for Vaccinated Individuals in the Oil & Gas Industry
  • 11 hours Forecasts for Natural Gas
  • 21 hours Australia sues Neoen for lack of power from its Tesla battery
  • 3 days Storage of gas cylinders
  • 4 days Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
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

When Is The Right Time To Buy Oil Stocks?

It’s been frankly impossible to try and trade our energy portfolios while trying to gauge the effects of a very unpredictable Trump administration.

For example, what would have happened in the oil markets if Obama or Bush had put out a statement like THIS:

(Click to enlarge)

The Iranians have been publicly protesting the United States with burning Presidential dummies and American flags and promising the ‘mother of all wars’ since the revolution began in 1979. Still, a reaction like this from another American President would have caused an immediate three to perhaps five-dollar rally in oil, with a secondary rally dependent upon the Persian Gulf military maneuvers that would have followed.

Instead, the oil markets barely moved on Monday, relying instead on a surprise 6.1m barrel drop in inventories on Wednesday to move oil prices higher. Bottom line is, the markets have been trying their best to ignore the President and his tweets, despite their incendiary tone.

The brewing Trade War may be different, however. Not only have steel and aluminum tariffs begun to be enforced, but Trump is targeting another $500b in Chinese goods. Meanwhile the EU is planning $20 billion in tariffs should the new Trump break from EU automotive penalties fall apart, while Mexico has slated $3 billion and Canada $14 billion of reciprocal tariffs.

While Trump seems satisfied so far with his trade war, the Chinese don’t need to play…




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