• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 12 hours Norway horrified as new rates make EV charging prices higher than petrol
  • 5 hours 60 mph electric mopeds
  • 3 hours US-China tech competition accelerates: on Friday 05/15 new sanctions on Huawei, on Monday 05/18 Samsung chief visits China
  • 2 hours COVID 19 May Be Less Deadly Than Flu Study Finds
  • 5 hours China to Impose Dictatorship on Hong Kong
  • 11 mins Payback Time: Republican Senators turn the tables on Democrats. The difference is the Republican investigations are legit.
  • 3 hours Iran's first oil tanker has arrived near Venezuela
  • 9 hours Why 2030-Isn.t-The-Magic-Year-For-Electric-Vehicles
  • 12 hours Monetary and Fiscal Policies in Times of Large Debt:
  • 13 hours DEFIANCE – There are More of Us Than Them
  • 12 hours Ventura County to Replace Natural Gas Generation with Battery Storage
  • 13 hours Trumpe will win next election, hands down.
  • 17 hours Let’s Try This....

Could this be the Trade of the Decade?

This could be the most important column I write all year – and I wanted to write it when the ‘free view’ period was done and only those who had paid their hard earned money had access.  I’m about to give you what I think is the best investment I see right now, one that strikes me as having the best risk/reward and available to any subscriber, given just a little work.  

You need to be long contracts in the far back of the crude oil curve, with a holding period of at least 18 months.

Yes, it’s a long-term investment and yes, it has margin responsibilities that other equities and ETF’s don’t.  But it also takes advantage of a consistent and important mispricing I see in the oil market that delivers a most tasty risk/reward opportunity.

First, buying contracts in the futures market a year and a half or more from delivery takes fantastic advantage of the current shape of the crude curve – a steep backwardation.  That means that the pricing of crude contracts as you move further out into the future cost less and less.  How much less?  Well, with prompt crude for October of 2013 trading at $108 or so, prices for March of 2015 are pricing at slightly under $90 and for December of 2015 at $87.   That’s a $20 discount for crude prices less than two years from now.  

I consider that $20 to be a true buffer that you can rely upon, helping to greatly increase the…




Oilprice - The No. 1 Source for Oil & Energy News