Natural Gas Prices vs. Rig Count
When I first really started following natural gas prices I would always hear people talking about rig count and how much it would affect the production of natural gas. It made common sense to think that the more rigs that are out there the more wells will be drilled and therefore the more gas comes … Read more
Why Jeff Rubin Still Sees Triple-Digit Oil Prices By 2011
Jeff Rubin’s Why Your World is About to Get a Whole Lot Smaller: Oil and the End of Globalization won Canada’s 2010 National Book Award on Wednesday. The award was established in 1985 to recognize the outstanding talent in Canadian business writing. The $20,000 prize is sponsored by PricewaterhouseCoopers, BMO Financial Group and media partner The … Read more
To Halt Or Not To Halt Offshore Drilling, That Is The Question?
Oily tar balls hit the sands of the Florida Panhandle Friday even as BP engineers adjusted a sophisticated cap over the Gulf of Mexico oil spill. The containment cap is the latest attempt to plug the worst oil spill in U.S. history, triggered when the Deepwater Horizon rig exploded April 20, killing 11 people. Whenever the … Read more
How And Where Oil Was Formed
Geologists generally agree that crude oil was formed over millions of years from the remains of tiny aquatic plants and animals that lived in ancient seas. There may be bits of brontosaurus thrown in for good measure, but petroleum owes its existence largely to one-celled marine organisms. As these organisms died, they sank to the … Read more
Oil and Gas Investment Fraud How To Protect Yourself – Part 1
State securities regulators around the country warn that oil and gas investment scams are alive and well. High oil prices have created a heightened interest in investments in energy-related business ventures. Most oil and gas investment opportunities, while involving varying degrees of risks to the investor, are legitimate in their marketing and responsible in their … Read more
