Sunday, December 22, 2024

Investors Face A Rollercoaster Ride

From Forbes Investors betting on a rebound in oil prices by investing in US shale producers risk throwing good money after bad, a new report claims. Despite the recent oil price collapse, the analysis, by UK-based think tank Carbon Tracker Initiative, shows that 10 times as much equity was issued in the first quarter of 2016 than in the last

Goldilocks: Goldman Likes Nine Shale E&Ps at $35 Oil

From Barron’s Goldman Sachs analysts Brian Singer and team explain why they’re still bullish on oil stocks like Diamondback Energy (FANG), Hess (HES),  Encana (ECA), Continental Resources(CLR) and Whiting Petroleum (WLL) despite the fact that oil could stay around $35 for a while: We view our 2Q 2016 oil outlook as an idealistic Goldilocks scenario – $35/bbl WTI is not

Superfund Status Proposed for EPA’s Gold King Spill

From the Durango Herald DENVER – The Environmental Protection Agency has formally proposed a Superfund listing in San Juan County. The recommendation will be published in the Federal Register on Thursday, which sets off a 60-day public comment period before the rule can be finalized. The proposal calls for adding eight new sites to the National Priorities List, including Bonita