|
|
Jason Simpkins: No one needs to tell the average American about the impact of oil and gas prices. If they don’t feel it in their wallets every day, they hear about it on the news every night. But surprisingly, amid all the rhetoric, there have been no real answers to some of the key questions driving the energy Read more…
Jason Simpkins: With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary. But while that assurance managed to siphon a few dollars off of oil futures, the reality is there’s nothing Saudi Arabia – or anyone else, for that Read more…
Jason Simpkins: Uranium stocks got hammered last year in the wake of the Fukushima disaster. But now, roughly one year later, uranium mining stocks have finally begun to bounce back Read more…
Jason Simpkins: It’s true: French, Japanese, and Chinese energy companies cannot seem to get their hands on a big enough slice of U.S. shale oil deposits these days. However, that doesn’t mean this investment frenzy is evidence of a “shale oil bubble.” Read more…
Jason Simpkins: If you’re unsettled by the thought of gasoline at $4.00 a gallon, brace yourself. With tensions between Iran and the West quickly escalating, we could see gas jump to $6.00 a gallon at the pump in a matter of months. Read more…
Jason Simpkins: 2011 was an up-and-down year for oil prices, but don’t expect that pattern to repeat in 2012. In the coming year, the trajectory for oil prices will be far more linear – and it’s pointed up. In fact, we could even see $150 oil by mid-summer. Read more…
Jason Simpkins: 2011 was an up-and-down year for oil prices (NYSEARCA:USO), but don’t expect that pattern to repeat in 2012. No, next year, the trajectory for oil prices will be far more linear – and it’s pointed up. In fact, we could even see $150 oil by mid-summer. Read more…
Jason Simpkins: Gold prices had another record-breaking day yesterday (Monday), with gold for December delivery climbing 2.1% to close at another all-time high of $1,891.90 an ounce on the Comex. Read more…
Jason Simpkins: That Standard & Poor’s finally downgraded its U.S. credit rating surprised no one – the agency said weeks ago that it would require a deficit-reduction agreement of around $4 trillion to affirm its AAA rating on the United States. Read more…
Jason Simpkins: It’s often said that the sign of a good compromise is that both parties walk away dissatisfied – but that’s not necessarily true of the debt deal Congress is close to passing. Read more…
Jason Simpkins: First it was Macau that leapfrogged Las Vegas as the No. 1 global gambling destination in 2006. Now another Asian powerhouse is set to push Sin City down to third on the list of global gambling hotspots. Read more…
Jason Simpkins: Everyone knows that China’s economy is hot. The only question is whether it may be a little too hot. Read more…
Jason Simpkins: There’s a sea change underway in China’s economy – one that’s evident in soaring prices, shrinking trade surpluses, and higher property values. And it’s being driven by higher wages Read more…
Jason Simpkins: What comes to mind when you think of Sweden: Blonde hair, pale skin, and a pair of sullen blue eyes piercing through a whiteout – or an economy that grew 5.5% last year? Read more…
As Money Morning predicted in its 2011 Outlook for oil prices, crude is poised to surge over $100 a barrel this year. And gas prices are likely to follow suit – perhaps even testing their record Read more…
Most Comments