Energy

We have hit black gold and the secret is out. U.S. oil production recently reached 8.4 million barrels a day, the highest level since 1989. Ultimately, oil production could… Read more

The United States will produce more oil than ever this year – so much so that pipelines are overwhelmed. New technologies such as fracking have enabled drillers to extract… Read more

I wrote about the United States Oil Fund (NYSE: USO) back on April 3, but the fund caught my attention again last night. Earlier this month I pointed out… Read more

I have mentioned the daily scans I run in this column on several occasions. In addition to the daily charts, I run the same scans on a weekly basis… Read more

Nothing like a little mayhem and political posturing to generate a bit of value. I refer to the turmoil stirred up in Russia’s capital markets by that country’s government’s… Read more

Prices of natural gas are poised to break out despite the recent selloff in the broader U.S. stock indices.  Despite record production of natural gas in the first quarter… Read more

Peabody Energy (NYSE: BTU) is one of the largest coal mining companies in the world and it just so happens that the stock appeared on my bearish scan last… Read more

In yesterday’s column, I wrote about the United States Oil Fund (NYSE: USO) and a number of big oil companies that had appeared on my nightly bearish scans in… Read more

In the second and third quarter of 2013, Warren Buffett accumulated nearly 40.1 million shares of energy behemoth ExxonMobil (NYSE: XOM). Buffett’s cost basis is estimated at $90.22 a… Read more