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Again, Tuesday,Jan29 6:22 AM the Brent Crude @ $92.07 was above the WTI Crude @
$91.55, a Bullish sign in my opinion. Thanks
Today, Monday, December 17, a possibly important indicator changed, regarding the price of
oil, dramatically. That is the role of the price of Brent Crude to WTI (West Texas
Intermediate) reversed itself. The last bull market a few months ago the Brent led the WTI, by
a dollar or more. Once it peaked, and went below the WTI Benchmark price, the price went
bearish. And then ramped back to the present $90+ area. Even so the Brent lagged the WTI.
As of Monday, the Brent took the lead again, Bullish, a dollar or so above the WTI.
Any comments, please email
dallas@energyinvestmentgroup.com
$91.55, a Bullish sign in my opinion. Thanks
Today, Monday, December 17, a possibly important indicator changed, regarding the price of
oil, dramatically. That is the role of the price of Brent Crude to WTI (West Texas
Intermediate) reversed itself. The last bull market a few months ago the Brent led the WTI, by
a dollar or more. Once it peaked, and went below the WTI Benchmark price, the price went
bearish. And then ramped back to the present $90+ area. Even so the Brent lagged the WTI.
As of Monday, the Brent took the lead again, Bullish, a dollar or so above the WTI.
Any comments, please email
dallas@energyinvestmentgroup.com
Friday January 11, 2008 Below is the link to news about another Texas player that is
bigger than I thought , and that is CHK, Chesapeake Energy
http://news.moneycentral.msn.com/ticker/article.aspx?feed=ACBJ&date=20080110&id
=8022283
"At the current drilling pace, Chesapeake expects to complete, on average, a new
Barnett Shale well approximately every 15 hours through at least 2010.
The company's gross daily production recently exceeded 600 million cubic feet of
natural gas equivalent. It's net production is about 400 million cubic feet of natural gas
equivalent.
Chesapeake believes it is now the second-largest producer and most active driller in
the Barnett Shale, the company said." Courtesy bizjournals.com
bigger than I thought , and that is CHK, Chesapeake Energy
http://news.moneycentral.msn.com/ticker/article.aspx?feed=ACBJ&date=20080110&id
=8022283
"At the current drilling pace, Chesapeake expects to complete, on average, a new
Barnett Shale well approximately every 15 hours through at least 2010.
The company's gross daily production recently exceeded 600 million cubic feet of
natural gas equivalent. It's net production is about 400 million cubic feet of natural gas
equivalent.
Chesapeake believes it is now the second-largest producer and most active driller in
the Barnett Shale, the company said." Courtesy bizjournals.com
Similar Prior Economic Scenarios......In 1971 the lower 48 States oil production
peaked. (The month the Tx RRC went to 100% production limits actually). In
2006 Global oil production peaked. In 1973 gas lines formed in the US. In
2008...???... In 1986 Texas Banks bought out by out of state banks. In 20?? US
financial firms (Merrill Lynch, etc.) bought out by SWF's. (Sovereign Wealth
Funds) Any more similarities come to mind??
dallas@energyinvestmentgroup.com
peaked. (The month the Tx RRC went to 100% production limits actually). In
2006 Global oil production peaked. In 1973 gas lines formed in the US. In
2008...???... In 1986 Texas Banks bought out by out of state banks. In 20?? US
financial firms (Merrill Lynch, etc.) bought out by SWF's. (Sovereign Wealth
Funds) Any more similarities come to mind??
dallas@energyinvestmentgroup.com
Excellent New Well
Sun Cal Energy Inc. Announces Daily Gas Flow Rates in Excess of 12 Million Cubic Feet a
Day on the Cunningham 1-02 Well
Friday 01/25/2008 9:00 AM ET - BusinessWire
Sun Cal Energy Inc. (OTCBB:SCEY), an energy exploration company focused in the Southern
San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of
Louisiana and the Green River Basin of Wyoming is pleased to announce that it has been
advised by the operator of the Cunningham 1-02 well on the Hobart Prospect in Washita
County, Oklahoma that the daily gas flow rates from the Cunningham 1-02 well are in
excess of 12 million cubic feet a day.
Conflict of Interest......Stock Ownership in SCEY (OTC BB) stated here
dallas@energyinvestmentgroup.com
Sun Cal Energy Inc. Announces Daily Gas Flow Rates in Excess of 12 Million Cubic Feet a
Day on the Cunningham 1-02 Well
Friday 01/25/2008 9:00 AM ET - BusinessWire
Sun Cal Energy Inc. (OTCBB:SCEY), an energy exploration company focused in the Southern
San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of
Louisiana and the Green River Basin of Wyoming is pleased to announce that it has been
advised by the operator of the Cunningham 1-02 well on the Hobart Prospect in Washita
County, Oklahoma that the daily gas flow rates from the Cunningham 1-02 well are in
excess of 12 million cubic feet a day.
Conflict of Interest......Stock Ownership in SCEY (OTC BB) stated here
dallas@energyinvestmentgroup.com
Unanticipated Unintended Consequences
Drought could cause shutdown of Nuclear Power Plants
http://www.msnbc.msn.com/id/22804065/
This could further tax other power plants running on Oil, Natural Gas, or Coal in the USA.
The Nuclear facilities would have to buy electricity for those sources!
Energy Shortage Shutdowns Gold Mining Operations in South Africa
http://www.miningweekly.co.za/
A spike in Gold prices caused by an energy situation??? What else??
dallas@energyinvestmentgroup.com
Drought could cause shutdown of Nuclear Power Plants
http://www.msnbc.msn.com/id/22804065/
This could further tax other power plants running on Oil, Natural Gas, or Coal in the USA.
The Nuclear facilities would have to buy electricity for those sources!
Energy Shortage Shutdowns Gold Mining Operations in South Africa
http://www.miningweekly.co.za/
A spike in Gold prices caused by an energy situation??? What else??
dallas@energyinvestmentgroup.com
March 10, 2008
At Oil $105+, and NGas bouncing to go past $10, it seems wise that one would be in the
energy commodities. Actually it is not a price plateau that one should watch for, but a
volitility plateau. With more electronic trading increasing volitility, it seems that fear & greed
may be our biggest enemies. So to dampen volitility, and increase one's trading safety, it is
suggested that one sell partial positions on the price increase, and buy on the way down.
As a control instrumentation specialist, this technique appears to have a dampening effect
on both sins, but not necessarily on profit or share positions.
Any opinions, contact me Dallas@energyinvestmentgroup.com
At Oil $105+, and NGas bouncing to go past $10, it seems wise that one would be in the
energy commodities. Actually it is not a price plateau that one should watch for, but a
volitility plateau. With more electronic trading increasing volitility, it seems that fear & greed
may be our biggest enemies. So to dampen volitility, and increase one's trading safety, it is
suggested that one sell partial positions on the price increase, and buy on the way down.
As a control instrumentation specialist, this technique appears to have a dampening effect
on both sins, but not necessarily on profit or share positions.
Any opinions, contact me Dallas@energyinvestmentgroup.com
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