OPEC 5/25 Meeting Post-Game Analysis

Ho hum – OPEC extended production cuts that were originally agreed in December 2016 for another 9 months, delivering both OPEC members and Russian discipline that will last well into the Spring [...]

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Last Chance

This week, in the midst of much good news for energy investors, I do some complaining. What have I got to complain about?  After all, oil prices are again on the rise, and with them oil stocks, [...]

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Chasing Lemmings 5/11/17

Last week’s “Lemmings” blog letter, which I hope you didn’t miss, gives a great opportunity for a follow-up this week – with the avalanche of 1st quarter reports flooding in from US independent [...]

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The Energy Lemmings

Watching the first quarter results float in from the large cap energy companies, I keep getting one image in my mind that I can’t shake: Lemmings going over a cliff. After all, only this image [...]

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