![]() |
|
||
|
|
|
||
|
|
|||
|
|
|||||||
| Notices |
| Legacy Archived Main Board Business chat and general industry chat. All participation is welcome. Dont post your fucking spam here. |

![]() |
|
|
Thread Tools | Display Modes |
|
|
#1 |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Do you need to increase your bottom line?
In the 90s us 'Crusties' used to invest our earnings in Tech Stocks. And we did really well. After the bubble burst I bet not many of us do now. Well, there's a new bubble... Energy Stocks. If you do the research you'll see that many people think that around Thanksgiving day this year we'll have used 50% of all the crude oil there is. Now, it doesn't matter if it's true or not. The thing is that the markets believe it is. Gasoline will be $4.50 by next July, and maybe $6 by next Christmas. At the moment energy stocks are soaring at 60% in just 3 months. But there are 100s, no thousands of them. My business idea is get an E*trade or similar account and buy some Energy Stocks. In 1996-9 everyone would be saying "buy AOL" or "Buy Amazon". And they were right - we made a pile in those years! But now it's all energy. I made a 5% return last month. I won't say how much I have invested, but that's 60% a year - and it's rising. My advice? - research Energy Stocks very seriously indeed. If this interests you, you may wish to peruse my investing blog (I only just started it and am only analyzing the shares starting with the letter B so far). Anyway it's at: http://amateurenergyinvestor.blogspot.com - Robin. (Has decided he is now out of adult for good) |
|
|
|

|
|
#2 | |
|
Banned
Want to see your own Advertising Here!
Join Date: Oct 2002
Location: Vancouver Canada
Posts: 15,115
|
Quote:
![]() You do know Serge will bookmark this thread and bring it up in 4 weeks /2 mths/6mths etc if it all turns to shit? ;-)) |
|
|
|
|
|
|
#3 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
But if you research 'Peak Oil' at Google you will start to see what potential there is in Energy Stocks. Forget Hurricanes Katrina & Rita. They are just blips compared to the rises that may come. Still, If I am wrong, doesn't matter. I have Stop-Losses set on all my shares
|
|
|
|
|
|
|
#4 |
|
Administrator
Want to see your own Advertising Here!
Join Date: Oct 2002
Posts: 11,618
|
Robin I think you are about a year too late.
http://finance.yahoo.com/q/bc?s=VLO&t=1y http://finance.yahoo.com/q/bc?s=CHK&t=1y 2 I recomended 3-4 months ago, would have nailed 25% return in that time. |
|
|
|
|
|
#5 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Production cost for oil is $2-$10 per barrel, so the current price is highly speculative. Also there will be much more talk in the news to get the oil price down - things like:
Quote:
Then you got possible slowdown of world economy due to the high oil price, which will lower the demand for oil. And lets not forget news from the technology sector about better production, better consumption and even other energy forms, which could increase available oil. Personally I would love to see a high oil price, because it will make investments in other energy areas possible (less depended on the middle east + creating local jobs), however I do not think that the oil price will rise in double digits per barrel in the next years, unless some major terror or revolt in saudi arabia.
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#6 |
|
Guest
Posts: n/a
|
"it will make investments in other energy areas possible (less depended on the middle east + creating local jobs"
That would be the tar sands in Canada. The largest oil reserve on the planet. Other energy sources are so far removed from the possibliites the tar sands offer. So be nice to Canada. Most of America's oil comes from Canada, not Saudia. |
|
|
|
#7 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#8 |
|
Guest
Posts: n/a
|
Yeah, blue eyed Arabs.
|
|
|
|
#9 | |
|
Guest
Posts: n/a
|
Quote:
|
|
|
|
|
#10 | ||
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
Quote:
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
||
|
|
|
|
|
#11 |
|
Guest
Posts: n/a
|
wrong....
Canada has world's largest oil reserves 15-01-02 The worlds largest oil reserve is not lying under Saudi Arabian deserts or under the sea, it is clinging to grains of sand in the Canadian boreal forest of Northern Alberta. Between 1.7 tn and 2.5 tn barrels of crude oil, 300 bn of which are expected to be recoverable, are spread like topsoil across thousands of sq km of Alberta forest and tundra. And thanks to new technology being developed by many large oil groups, it may offer a seemingly limitless supply of North American petroleum products with the scoop of a steam shovel. "Alberta is in a very enviable position to supply its own needs and those of its trading partners over the next 50-100 years," Murray Smith, Albertas Minister of Energy said ahead of his speech to a conference on North American energy in Washington. And for energy-thirsty Americans, the reserves may be key to President George W. Bush's desire to rely more on a continental energy plan, rather than its oil supplies from the turbulent Middle East. "Security of supply is always a key issue among members of [the US] Congress. We have to reduce our dependence on foreign oil, but that's very difficult to do," said Robert Ebel, director of Energy and National Security at the Centre for Strategic and International Studies (CSIS) in Washington. The centre is hosting the energy forum. "There are a lot of people in the US who need educating on the importance of Canada as an energy supplier to the US in oil and natural gas," he added. Collective investment in the Alberta oil sands has become one of the worlds largest ongoing engineering projects with more than $ 6.3 bn spent over the last three years to upgrade recovery operations and refining technologies. Another $ 10 bn is in the works and a further $ 19 bn in development proposals from companies like Imperial Oil, Petro-Canada, Suncor, Syncrude, Shell, Chevron and Conoco awaits regulatory scrutiny and approval. "We've seen tremendous investment from US firms in the oil sands. It has clearly become an important piece of the North American energy puzzle," said provincial energy minister Smith. Biggest drawback is high production costs The development has turned the small city of Fort McMurray into Canada's hottest marketplace with housing costs that rival the country's biggest cities and skilled labour commanding premium wages. But the biggest drawback for oil sands development is the high production cost associated with extracting the heavy, gooey bitumen -- a petroleum product that can be refined into gasoline or other products -- stuck to every grain of sand. Production costs, although significantly cheaper than a decade ago, still range from $ 11 to $ 18 per barrel of oil sands bitumen. This is considerably more expensive than producing conventional Persian Gulf light crude which costs less than $ 2 a barrel to recover. Companies use Steam Assisted Gravity Drainage, which works by drilling parallel pipe wells into oil sands that sit below rock caps. Steam is forced through one well that heats the oil sands and releases the bitumen from the sand to drip into the return well and be pumped to the surface. If it all plays out as planned, oil sands production will more than triple from the current level of 600 000 bpd to more than 2 mm bpd of oil by the next decade. Allan Ross, an energy analyst based in Calgary, says with 20 mm bpd needed to satisfy the energy-thirsty United States, ample supply from a friendly trading partner will be important in the coming years if oil prices remain high. Currently, Canada supplies 1.8 mm bpd of oil to the United States. "Oil sands are too crucial for the Americans to ignore. President Bush has said they need reliable sources of energy. "Oil sands are rock solid. It'll be there day-in, day-out for many presidential terms," Ross said. Source: AFP |
|
|
|
#12 |
|
Guest
Posts: n/a
|
President Bush has said they need reliable sources of energy. "Oil sands are rock solid. It'll be there day-in, day-out for many presidential terms,"
Maybe |
|
|
|
#13 | |
|
Guest
Posts: n/a
|
Quote:
http://www.bloomberg.com/apps/news?p...0&refer=canada |
|
|
|
|
#14 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#15 | |
|
Guest
Posts: n/a
|
Quote:
|
|
|
|
|
#16 |
|
Easy Like Sunday Morning
Want to see your own Advertising Here!
Join Date: Oct 2002
Location: Behind a couch, somewhere in Philly
Posts: 7,628
|
Invest in hydrogren.
|
|
|
|
|
|
#17 |
|
I like cheese
Join Date: Aug 2003
Location: Montreal, QC, CA
Posts: 1,185
|
Is this the Robin I'm thinking of?? Same last name as a dead president? If so, the old timers have been just crawling out of the woodwork lately
|
|
|
|
|
|
#18 | |
|
Easy Like Sunday Morning
Want to see your own Advertising Here!
Join Date: Oct 2002
Location: Behind a couch, somewhere in Philly
Posts: 7,628
|
Quote:
|
|
|
|
|
|
|
#19 |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
Robin,
I am not as good an investor as you give me credit for, I am still down $350,000 from 1999 You are onto something with energy plays, with new demand from China and India, the once "sleeping giants", energy is not internet bubble, IMHO. I don't invest much and preffer "sleep well at night" CD's and government bonds over all other forms of investments, but...still play a little here and there, and this includes the energy sector as well, I did make a few buck on BP, writing calls and collecting dividends. To those who say the price of oil is based on speculation because the cost of producing is $10-$12, all I have to say is: The price of producing 1st Growth Bordeaux is..$15-$20 a bottle, which doesn't prevent the buying public from paying $50-$1200 a bottle. Have a nice trading
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
#20 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
I disagree, I think the ride has only just begun, You appear to have got in at the start - excellent. But there's still plenty further to go in my view. |
|
|
|
|
|
|
#21 | |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
Quote:
I think the easiest money have already been made in Energy.
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
|
#22 |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
Robin,
if you wanna exchange links, we have 100's wine related sites and I'll gladly put links to your blog at 2:1 ratio, 2 links for every link you put back to WT
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
#23 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
Also, the Arabs have inflated their reserve figures by up to 400% for years because their OPEC agreements only allow them to produce proportionally to their reserves, so they lie to be able to sell more oil. And they all do it. Don't listen to what the Arabs or any politicians say. Listen to what the scientists are telling us. |
|
|
|
|
|
|
#24 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
I'll get a link up to winetalk.com this morning! (unless you prefer a different site). Cheers! |
|
|
|
|
|
|
#25 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
Research ECA - Not got to the Es in my blog yet, but ECA will skyrocket off the back of Canadian oil sands. |
|
|
|
|
|
|
#26 |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Ofcourse the world will need more energy, but that doesn´t automatically mean that oil prices will continue to rise into infinity, because at some point other energy sources will be able to compete and stabilize the "fear" that we are running out of energy.
So if thinking the oil price will continue rise due to fear in the market, then you must also be ready, if that fear never "peaks". If you base your reasoning on numbers of oil peak, then you also got to remember that if the world is facing major difficulties, then normal market forces are put out of play, and replaced with regulation. The high oil price set by the market is accepted as long the world economy continues to grow...
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
#27 |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
don't you think that your last statement and your signature conflict with each other???
The high oil price set by the market is accepted as long the world economy continues to grow... __________________ "Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
#28 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
1) Oil will continue to rise in price until a) there are sufficient alternatives and b) there is not much left that can be efficiently extracted. I would argue it will take a minimum 20 years to develop solar, wind and all the other technologies required to replace oil to the level where they are more than 50%. Today alternative energies are 1%. So you are correct in what you say, but I think we have a long period ahead of us before your first point applies. 2) The only regulation that can replace pricing would be by force. In other words, if the US or China siezed control of certain supplies. Without that oil will continue to be sold to the highest bidder. 3) I disagree that "The high oil price set by the market is accepted as long the world economy continues to grow..." I would turn that statement on it's head and would say that world economies will continue to grow as long as there is affordable oil. Right now oil is cheap as chips. The Europeans pay $7 for gasoline without blinking. So can Americans. In fact $15 for a gallon of gas will still allow industry to progress if we have hybrid cars and only make essential trips. However, I would say there is one fact that most analysts discount. Oil is *NOT* subject to standard supply and demand economics in the same way as gold and other commodities. This planet has 6 billion people ONLY because of oil. The oil has given the energy to grow food, the fertilisers and pesticides and the energy to farm the food. People NEED to eat. Therefore people, countries and companies will pay almost ANY price for oil - it will be a matter of survival. Oil is totally unique in this respect. I predict $500/barrel oil within 5-10 years. |
|
|
|
|
|
|
#29 |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
#30 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
So are you! http://amateurenergyinvestor.blogspot.com/ |
|
|
|
|
|
|
#31 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#32 | |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
Quote:
2:1 http://cotac.com/ (still gets traffic after all those year! ![]() If you have more sites to add WT link, I have more sites to add yours too!
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
|
#33 | |
|
Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
|
Quote:
which I translate into King James English as... blah-blah-blah
__________________
![]() why dogs sniff each other butts? |
|
|
|
|
|
|
#34 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
I think the oil price is already getting close to, when other energy sources starts to make a good investment objects - ofcourse their EROI will not be anything like oil, however that is not important, because the price of oil will make them attractive. Add tax breaks to the mix, and this might kick start engery production, which again will help to stabilize the oil price. How did you get the price of $500/barrel... why not $1000/barrel or $100/barrel?
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#35 | |||
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
On the other hand The coal sands yield 1.5 - 2 times because of the huge amount of power required to boil the water to release the tar from the sand. The oil is there but it will be at a HUGE price. Likewise, wind and solar only return about 2-3 times their energy cost. BUT they are renewable so, over time, renewable resources compare very well with oil. But you have to look at a 20-30 year time frame (the life of a wind turbine or solar array). To build the coal tar extraction facilities, to place solar panels on every rooftop and wind farms near every city. This is a thing that will take 20 years. And that's from the day the project is started. That's how much energy you need to replace oil. Quote:
Even if we built 200 nuclear power stations to replace our natural gas ones, it would still take 10 years to plan them and 10 years to build them at current projections. So, any way we slice the pie, we still see a shortfall of at least 20 years between oil becoming short supplied and other sources replacing it. Those will be 20 lean years during which you might be able to invest in energy stocks to make enough money in the early years to see you through the later ones fairly comfortable: warm house, air conditioning and so on. Most people won't be able to afford these luxuries for quite a while... Quote:
|
|||
|
|
|
|
|
#36 |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
By the way, since I mentioned natural gas I had to post the following chart...
![]() 80% of our electricity in the US is natural gas powered. Graphs like this make paying $40,000 to place solar panels on your roof seem cheap. Well, I actually did that. I used to pay $1,000/month here in south Texas for electricity. That's $12,000/year. With power costs rising down here at 15-20%+ a year I will be paid off in less than 3 years and in year 4 will save $20,000 (assuming 20% increases for the next few years). |
|
|
|
|
|
#37 |
|
Members
Join Date: Oct 2002
Posts: 497
|
some of my current energy plays
ESLR - alt. energy http://stockcharts.com/def/servlet/SC.web?c=eslr,uu[e,a]waclyyay[d20011011,20051230][pb34!b8!c10!b200!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lc20!lg][J58645576,Y]&pref=G NGAS - natural gas http://stockcharts.com/def/servlet/SC.web?c=ngas,uu[e,a]waclyyay[d20010917,20051230][pb34!b8!c10!b4!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lc20!lg][J59067380,Y]&pref=G FCEL - alt. energy http://stockcharts.com/def/servlet/SC.web?c=fcel,uu[e,a]wacayyay[pb34!b8!c10!b200!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lc20!lg][J53643222,Y]&pref=G HEC - http://stockcharts.com/def/servlet/SC.web?c=hec,uu[e,a]waclyyay[pb34!b8!c10!b4!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lc20!lg][J22393912,Y]&pref=G CELL - will be getting in if/when it breaks above $20 - http://stockcharts.com/def/servlet/SC.web?c=cell,uu[e,a]waclyyay[d20010912,20051231][pb34!b8!c10!b4!b50!d20,2][vc60][iub14!la12,26,9!lh14,3!lc20!lg][J58768292,Y]&pref=G I think some of the oil and natural gas stocks might be a little toppy around this area and due for a pullback but long-term they look GREAT! These bull markets don't come for 2-3 years and vanish... they last for 12-20 year cycles. |
|
|
|
|
|
#38 |
|
Members
Join Date: Oct 2002
Posts: 497
|
...and don't get me started on gold/silver stocks
BGO CDE GG GFI FCX |
|
|
|
|
|
#39 |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
ESLR
Evergreen Solar. Yes I have some. I agree with you. In 2000 it peaked nicely at about $12.50 but it didn't have the legs to continue. Gas prices were too low and it plummeted. But as soon as gas picked up again in 2003 it bagan to rise all over again and it's previous highs will be nothing compared to what I think is it's potential. As soon as people wake up to the need for solar energy this company will make a killing and so will it's share holders. NGAS With the price of natural gas right now you HAVE to have some natural gas stocks. I have some of this one too. Look at this chart! FCEL I don't hold any of this one.I don't know enough about how solid their fuel cell technology is. Plus their stock is a bit all over the place right now. I have this one on my watch list though just in case something materializes. HEC Another one I don't hold. I don't like the look of this chart... I didn't even have it on my watch list but I'll add it seeing as you like it. CELL I refuse to be distracted by even the brightest technology and biotech stocks. I am strictly in energy so I don't know much about this company. |
|
|
|
|
|
#40 |
|
Scored VIP to Anton's Piss Tank
Want to see your own Advertising Here!
Join Date: Oct 2002
Posts: 8,781
|
Nice to see you around here Robin. :>)) Good thread.
|
|
|
|
|
|
#41 | ||
|
Members
Join Date: Oct 2002
Posts: 497
|
Quote:
Quote:
|
||
|
|
|
|
|
#42 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
Again, ofcourse the oil demand will be higher, and ofcourse the saudis and oil companies do not want to increase their production or refining capabilities to a point where it will seriously hurt the price (no reason to kill the golden goose), however they must still keep the ecnonmy going, because without a working world ecnonmy oil demand will halt. So for your $500/barrel might work on a chart, but oil/energy as you said is like no other product out there... wars have been started for less ;-))
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#43 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
That's why I am planning now. I have become energy efficient. I have a solar powered house and my pool and house hot water use a water heating system I devised myself (not hard when you are in South Texas )I am planting a large vegetable garden in the spring. I have an electric vehicle which recharges off the solar power. Yes we still have gasoline vehicles but I am ready. Why all this? 1) to save money 2) to be independent if the worst starts to happen... |
|
|
|
|
|
|
#44 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
![]() 1998 = $10 2005 = $70 Since 1998 the price has risen 7 times in seven years. in 1998 you would have said a 7 times increase was unthinkable. Wait a minute. I think you just told me that now!
|
|
|
|
|
|
|
#45 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
1998 = $10 2005 = $70 2005 = $70 2015 = $500
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#46 | |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Quote:
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
|
|
|
#47 | |
|
Officially Tired of retirement
Join Date: Dec 2003
Posts: 296
|
Quote:
"Watch this space" ... |
|
|
|
|
![]() |
| Bookmarks |
| Thread Tools | |
| Display Modes | |
|
|