Feb
24
Pressure Point Diagnostics
Filed Under oil refineries | Leave a Comment
The Obama administration announced this week that it will be conducting “stress tests” to determine the financial health of top U.S. banks. Oil refineries in the U.S. are undergoing a similar test, and it is no dry run. For more on the precarious position some refineries are in and their possible effect on an oil [...]
Feb
17
Where market factors converge
Filed Under oil prices | Leave a Comment
China is stockpiling oil at bargain basement prices. OPEC cuts its demand forecast and signals that another cut in production is not far behind. Japan’s GDP is at the lowest point since 1974. For thoughts on how these factors are affecting our market-driven economy, check out my blog at Investor’s Insight.
Feb
10
What the stimulus package means for oil
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Oil prices have risen 7% over the past few days as Washington debates a stimulus package worth almost $1 trillion. For thoughts on the connections between the plan’s success and oil prices check out my blog at Investor’s Insight.
Feb
3
After oil prices plummeted in 4Q08, Exxon and Chevron demonstrate confidence in long-term commodity price trends through stock buybacks. For thoughts on how their actions could affect the oil and gas industry, visit my weekly blog at Investor’s Insight.
Feb
2
Are we poised for an oil price rebound?
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Commodity prices may be stabilizing and repositioning for a rebound. Check out my blog at Investor’s Insight for details.