In The News

Tuesday, 03/01/2016

February 24, 2016 – Real Money

Jim Cramer Calls Saudi Arabia, Russia Oil Deal a Hoax

By: Jim Cramer

It was always a hoax. That's what I have to say about the so-called deal between Saudi Arabia and Russia to limit oil production to slightly more than 10 million barrels each if Iraq and Iran don't raise their production further than current levels roughly between 3.5 million and 3.25 million barrels a day.

It was always the stated goal of both Iraq and Iran to dramatically raise production, which would then put pressure on Russia...

Tuesday, 03/01/2016

February 23, 2016 – Inside Climate News

With Some Tar Sands Oil Selling at a Loss, Why Is Production Still Rising?

By: Phil McKenna

Canadian oil producers can’t address the downturn by slowing production without huge losses, so they now sell at a loss economically and for the climate.

Like a supertanker unable to make quick turns, production from tar sands in the Canadian oil patch continues to increase despite prices so low producers have to sell their output at a loss.

The industry's inability to cut production could...

Tuesday, 03/01/2016

February 19, 2016 – NGI’s Shale Daily

Dominoes Toppled to Create Shale Revolution, and More to Fall, Says Braziel

By: Carolyn Davis

The unconventional natural gas and oil revolution in North America has been less a random series of fortuitous events and more a cascading set of circumstances that has created a new world order for energy markets and upended the global economic outlook, according to industry guru Rusty Braziel.

Braziel lays out his theory in a new book, "The Domino Effect: How the Shale Revolution Is Transforming...

Thursday, 01/21/2016

January 21, 2016 - Real Money

Cramer: Nobody Knows Anything When It Comes to the Price of Oil

By: Jim Cramer

Just for laughs I went back to read articles about oil written this time last year, when oil was in the high $40s.

The talk back then was almost all about the shape of the letter. Were we going to have a "V" recovery, which would put oil on a course back to $100, where it was before the crash began in June 2014. Or would it be a more of a meandering back, via a "U", where it might not be any higher than $70 a year later...

Wednesday, 01/20/2016

January 18, 2016 – The Street

MLPs See Take-or-Pay Contracts at Risk Amid Low Energy Prices

By Carleton English

As oil and gas prices continue to be low in 2016 -- and oil prices continue to test new lows -- what is the outlook for energy-related master limited partnerships and their investors?

With the Alerian MLP Index (AMZ) down 15% so far in 2016, it is underperforming the S&P 500, which is down 8.4%. Put simply, the outlook so far for MLP investors seems to be a continuation of 2015, when the Alerian MLP fell 38%.

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