In the recently published edition of the Australian Wealth Gameplan we speculated that the full consequences of the BP oil spill haven’t yet been factored into energy markets or oil stocks. Let’s assume that no public company with shareholders can run the legal risk of drilling off-shore after the BP affair…
June 2nd, 2010 | Dan Denning | 5 comments | ContinuedAll Posts Tagged With: "oil companies"
Congress Berates, Rebukes and Ridicules Executives from Five Major Oil Companies
It seems like desperate times call for desperate measures. And the masses, desperate for answers, call on politicians for help. And any political production worth its salt has three main characters: the hero, the martyr and the villain. Heroes (politicians) need a martyr (America’s middle class) and a villain (oil companies) – and, if they’re lucky, a super villain (foreign oil companies).
June 6th, 2008 | Chris Hancock | 0 comments | Continued
Has Oil Hit Its Peak Price?
Has oil hit its peak price or not? The answer to that question leads us to ask whether or not commodities are a bubble about to burst. Barron’s recent cover story on commodities came down on the side that the party was over. I don’t put a lot of faith in macro predictions – as no one can predict the future. But you can study track records. You can look at history. History reveals some interesting clues about what the future may hold.
May 22nd, 2008 | Chris Mayer | 1 comment | Continued
