• 3 minutes Looming European Gas Crisis in Winter and North African Factor - a must read by Cyril Widdershoven
  • 7 minutes "Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil" - Zero Hedge Monday Nov 8th
  • 12 minutes "UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System" by Whitney Webb
  • 1 hour Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 1 day Hunter Biden Helped China Gain Control of Cobalt Mines in Africa
  • 7 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Building A $2 Billion Subsea Solar Power Cable From Chile To China
  • 10 hours Is anything ever sold at break-even ? There is a 100% markup on lipstick but Kuwait can't break-even.
  • 1 day Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 12 hours Modest drop in oil price: SPRs vs US crude inventory build
  • 22 hours 2019 - Attack on Saudi Oil Facilities.
  • 3 days Ukrainian Maidan after 8 years
  • 4 days NordStream2
  • 3 days Peak oil - demand vs production
  • 3 days "How the CO2 shortage is impacting the food and drink sector" - Specialty Food Magazine
  • 4 days "Gold Set To Soar As Inflation Fears Mount" by Alex Kimani
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

Where To Invest As Oil Turns Around

I feel like Bush 41, advising to ‘stay the course’ as the oil markets continue to roil. We’re on the right track, identifying and investing in independent U.S. exploration and production companies for the long haul in our first phase of this recovery from the “great oil bust II”.

I’ve been fairly surprised myself at how spookily prescient I turned out to be in my book “Shale Boom, Shale Bust”, written almost a year ago. The progression of oil prices and the concurrent changes happening to U.S. oil producers have followed the script almost perfectly. We isolated several scarily overleveraged oil companies back in the spring of 2015 that we thought were in danger of not making it to the next oil boom and we’ve seen many of these names indeed declare Chapter 11 – the latest being Halcon Resources (HK), but including Goodrich Petroleum, Linn Energy, Ultra Petroleum and Penn Virginia.

We also isolated those independent E+P’s that had solid acreage that wasn’t being overexploited and balance sheets that could stand a long term of oil prices that remained under $50 a barrel. In being diligent on accumulating these, even as oil prices swooned below $30 a barrel, we’ve accumulated a core holding of oil companies that are destined to return terrific gains over the next several years; names like EOG Resources (EOG), Cimarex Energy (XEC), Hess (HES) and Anadarko Energy (APC).

The next stage…




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