Wednesday, December 03rd, 2008

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Posts Tagged ‘ BHI ’

Now Could Be The Time To Nibble On Oil Service Stocks

Nov 7th, 2008 | By Byron King | Category: Featured

Don’t expect oil prices to remain at these low levels for long, says Byron King. Demand weakness for crude is temporary. And oil-producing nations cannot sustain their own economies unless oil prices are close to $100 a barrel. Byron says it could be time for investors to slowly build up a position in oil service stocks.



Time to Buy Beaten-Up Oil Service and Gold Stocks

Aug 15th, 2008 | By Byron King | Category: Featured, Financial News

Crude oil has dropped form its July 11 record of $147 to just over $113 a barrel. Gold, meanwhile, has come off its March high of $1,030.80 to slip back below $800 an ounce.

Many in the mainstream press are calling an end to the “commodities bubble.” But oil and energy expert Byron King warns investors against betting against cheap oil and gold.

Byron says what we are seeing now is a short- to medium-term correction in the trends for energy and resources. Investors who buy beaten-up oil service stocks and gold miners now stand to make major profits…



Where Is Oil Headed?

Aug 1st, 2008 | By Byron King | Category: Oil Investment & Alternative Energy

Oil made two runs toward $150 recently, and failed both times. Now oil is in a retreat. Oil was trading near $121 earlier this week. And it appears that support at that price is crumbling. This will surely take the oil company stocks down, as well as those of the oil service companies.



Shale Gas and Shale Oil Explained

Jul 2nd, 2008 | By Matt Badiali | Category: Gold Market

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.



Where Will Future Oil Production Come From and How Can Investors Profit Today, Part 2

May 23rd, 2008 | By Dan Denning | Category: Oil Investment & Alternative Energy

The IEA forecast for a daily increase in global oil production of 31 million barrels by 2030—a 37% jump—sounds like pure fantasy. Do the facts support it? Are big oil companies already searching for that future oil and finding it? Do they have plans to produce it?