Energy Prospectus

That guy has been wrong forever but I do agree the names are priced for plus 100 oil

Sweet 16 is going to look sweet this week!

Thats why i like it, I think oil is going to 150 on its way to 200

KeyBanc analyst Leo Mariani maintained a Buy rating on Continental Resources today and set a price target of $68.00. The company’s shares closed last Wednesday at $63.67, close to its 52-week high of $64.53. According to TipRanks.com, Mariani is a top 100 analyst with an average return of 35.0% and ...

I'd actually favor buying oil from The Russians over Iran if I had to make a choice.. Obviously, US crude makes too much sense to these idiots.

That would maintain some leverage over Putin

Russia is saying they want unfriendly nations to pay their energy bills in rubles. Yet seeing that Russia is being blocked in the international banking system, there may not be enough wheelbarrows to pay for these record oil and natural gas prices. Is there a wheelbarrow futures contract – maybe it’...

https://www.youtube.com/watch?v=Z2kXQ-FbNIM

2:50 mark

Wow

He also said he expects multiple expansion

Hess Corp. cited that it recently eliminated the portion of their hedging book which limited their high-end price exposure. They paid $325 million to remove $100 WTI & $105 Brent hedges, which was almost double what they paid to enter the positions.

So much for protection…

Global energy markets are facing the reality that underinvestment in fossil fuels creating bad energy policy has left the world undersupplied. Yesterday, we got some very bullish API data that showed U.S. crude supply fell by 4.28 million barrels even though there was a substantial release from the ...