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Indie oil hunter strikes a 'screamer'The drilling rig rose incongruously over the peaceful college town of Stillwater, Okla. It roared and screeched with activity. Roughnecks, slathered head to toe in mud, scrambled and cursed a blue streak as they threw chain and tripped out two-ton stands of pipe. D.G., a.k.a. "Stretch,"... |
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Buy Oil, Drillers and Gold Stocks in This Commodity CorrectionCrude oil prices are down over 25% from their peak this year, gold prices have fallen over 20%. By standard definitions, that's bear market territory. Eric Roseman says the '70s are evidence that commodities can decline sharply in a secular bull market. But the US needs to print money like crazy ... |
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Buy Oil, Drillers and Gold Stocks During This Commodity CorrectionCrude oil prices are down over 25% from their peak this year, gold prices have fallen over 20%. By standard definitions, that's bear market territory. Eric Roseman says the '70s are evidence that commodities can decline sharply in a secular bull market. But the US needs to print money like crazy ... |
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Oil drillers scramble for workersWith oil so lucrative, the exploration and drilling business is booming. But even as Congress debates expanded drilling, companies - flush with oil cash - struggle to find new workers. ... |
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Oil Majors Versus Drillers: The Battle for ProfitsIf you're bullish on mining, don't buy the companies. Instead, buy the companies that make the shovels and picks... That was conventional wisdom years ago before gold-mining developed into a legitimate investment sector. But that old adage still stands true today - especially in the oil business.... |
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House Passes Bill to Protect Us from AsteroidsDon't worry, folks: our trusted representatives in government just saw the movie Armageddon, and they aren't going to take the threat posed by this mediocre 1998 action movie lying down. They're going to pass laws to make sure we're prepared to face any asteroid-related threat without having to s... |
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