Search results

Today in Houston (Downtown) my wife and I had to go to 3 stations to fiind gas. New blend of anti-smong w/ ethanol for Houston and Dallas has caused a small shortage.

Tough call, high 5's low 6's look like it may be a bargain. I think it might be another rough hurricane season, the gulf needs more time --something thats running out quickly. I like some of the medium size independents (but might wait for more of a pull back). APC, SNP, APA, OXY, EOG, KMG.

I have a pretty good idea of decline rates in mature fields in the US (TX/LA/MS/Gulf), between 5%-7%. Saudi around 8%, Russia between 9%-12%. Thats just a few off the top of my head. World wide is hard to call but I would say 6%-8%.

The US saw peak oil/gas in the early 70's I think the World will see it between 2010-2015. Did you have a more specific question? :)

Biodiesel has problems in cold weather (say 40 degree's and below), this problem needs to be worked through.

I have a degree in Finance, I work on the revenue side of the business. Watching the oil/gas from the well to the purchaser. As of last week I'm flat, looking to re-enter longs soon in CL and HU. Weekly close below 68 would turn me bearish.

I will put up buy and sells here also along with news. I can't decide if I should list my entry and exits or go at it from a point of view as tracking one of my accounts. The reason I like tracking an account for everyone is that it shows the risk/reward side ie: position size vs account size...

I position trade, holding anywhere from a week to sometimes (rarely) a few months. I grew up in this industry but spent a little time at a FCM clearing firm in Chicago a few years back. So while I work (and trade) in oil and gas I also trade other commodities.

NG hitting yearly lows, straight week of down days.

Shell has some good projects going in hydrogen, solar and wind. At the end of the day their is no real incentive to put the money outside of their core business.

Oil, Sweat & Rigs Not sure if anyone watched this on the discovery channnel. Its a great look at whats going on in the Gulf after Katrina and Rita (cleanup). You can buy it below for $45 or try to catch the 6 espisodes again on the Discovery Channel...

Shell unveils plans for 'biggest refinery in US' Apr 28 11:03 AM US/Eastern Anglo-Dutch oil group Royal Dutch Shell has announced plans to make its jointly owned Motiva refinery in Port Arthur, Texas, the biggest in the United States. Shell founded the Motiva refiniery in 1998 with...

I figure this is as good a place as any to post a oil and gas journal. Little background, pretty much everyone in my family including my wife and myself work in the oil and gas industry here in Houston. I work for a large E&P company that I would like to remain nameless, lets just say its a...

Very rarely, lumber does a few times a month (like today for instance).

My wife and I are in our mid twenties (around you age) also, besides our trading accounts we have our retirements split about 55% International Equities (weighted toward Asia) and 45% Domestic Equities. We have a gain around 9.5% this year so far for our retirement funds, I look things over a...

Earnhardt to Honor Dad With Replica Car By JENNA FRYER, AP Motorsports Writer The one thing a NASCAR driver never wanted to see was the black No. 3 Chevrolet closing on his rear bumper. One glance of the car in the rearview mirror was enough to send tremors through any competitor...

NASCAR Fans Killed When Flagpole Hits Power Lines Fans Were Putting Up Flagpole POSTED: 10:30 am CDT April 25, 2006 TALLADEGA, Ala. -- Two NASCAR fans are dead after hitting power lines with a flagpole they were putting up. A spokeswoman at Talladega Superspeedway in Alabama said the...

When Nymex puts its electronics on Globex in the next few months will X-Trader put them under the CME-Globex or will we need to add a new exchange for Nymex-Globex? Anyone hear anything yet? Just curious.

CQG is the cleanest and most reliable that I have used.

I've had 3 Lexus, 3 Chevy's (GM), and 1 Honda. The Lexus hands down has the fewest problems. From what I've seen Toyota (Lexus) makes a great car. My brother-n-law has been a mechanic at many different (brand) dealerships and hands down Toyota was what he recommends and drives.