Matt Badiali is the editor of the S&A Oil Report, a monthly investment advisory that focuses primarily on oil as an investment from small exploration outfits, to equipment companies, to the biggest oil companies in the world. He is also a contributor to the Daily Wealth.
Despite the drop in gold prices and silver prices today, these precious metals have been a great investment in 2008. Silver has gained a phenomenal 27 percent, while gold has climbed 17 percent. Matt Badiali says we’re on the brink of a global inflation crisis and that an investment in precious metals now is a great low-risk hedge…
Commodities expert Matt Badiali says Pennsylvania will be the center of America’s next great energy boom. The state is home to the mammoth Marcellus shale bed, a sedimentary rock rich in natural gas. Experts have estimated that up to 1,000 trillion cubic feet of gas could be extracted from Marcellus. Matt says it won’t be long before the share prices of companies setting up there will take off.
Editor’s note: What are shale fields, and how easy is it to suck oil out of them? That depends, says Matt Badiali. As companies like Schlumberger (SLB), Halliburton (HAL) and Baker Hughes (BHI) are finding out, if it’s a permeable reservoir then it’s all systems go. If it’s an impermeable reservoir, then it will take time, effort and horizontal drilling.
This piece is taken from The Growth Stock Wire. It’s in the form of a questions and answers session. But it’s well worth the read if you’re interested in the ins and outs of shale oil.
Editor’s Note: Oil expert Matt Badiali tackles the claim by peak oil guru Dr. Robert Hirsch that we are looking at $500 oil in the next three years.
Last month, I stood inside a shovel the size of a two-car garage.
High natural gas prices mean strong demand for drill rigs. More demand means higher day-rates for the rigs. That means it’s a great time to own drillers.
In the summer of 2007, I traveled to the gold-rich plains of Nevada… I flew into the tiny Elko, Nevada, airport, which is ground zero for the most prolific gold producing area in the U.S., the Carlin Trend.
What to do with your refiner shares.
Want to earn $195 per day, tax free, on top of your salary? Go to work in Fort McMurray, Alberta.