Thursday, February 6, 2025
On May 4, the European Union proposed a phased-in ban on imports of all Russian oil. The ban will cover all Russian oil, seaborne and pipeline, crude and refined. The goal is to phase out Russian oil supplies in an “orderly fashion” within six months and refined products by the end of the year. The […]
With hurricane season approaching, investors may want to keep an eye on Generac Holdings (GNRC). After all, this is the company that provides power generation equipment and other light-motor equipment for industrial and residential customers—in fact, it’s the the market leader in home standby generators. Beyond the physical damage to homes and businesses, one of […]
The energy sector has been far and away the best performing sector over the last year with both oil and gas prices having been on the rise. A popular way to trade the energy sector as a whole is through the Energy Select Sector SPDR ETF (XLE). XLE has been a solid gainer for 2022, […]
Investors should keep an eye on Plug Power (PLUG). After a rough pullback in the latter part of 2021, the hydrogen stock is attempting to push higher. In fact, investors may want to use weakness as a buy opportunity. For one, the hydrogen story is heating up. Goldman Sachs called hydrogen a “once in a […]
Uranium companies, like Cameco Corporation (CCJ), are booming, thanks to a global nuclear revival. European leaders, realizing their countries are too dependent on Russia for natural gas, are looking again into nuclear power generation. French President Emmanuel Macron, for example, called for a “nuclear renaissance.” British Prime Minister Boris Johnson reportedly has a plan that […]
Last week, the Biden Administration announced a massive, long-term (up to six months) plan to release a million barrels of crude oil per day out of the Strategic Petroleum Reserve. On that news, the WTI oil price “tumbled” from $108 to $104 per barrel While I don’t think the move will bring energy prices back […]
Russia’s had their hands in the energy sector long enough. I’m looking at a chart that could spell a major blow to their energy exports which many European countries rely on. (40% from Russian to the EU by last count). A new trend is forming at this very moment. One not seen in over a […]
Dear Investor, Recent global events have made it clear that the world’s economies are a long way off from producing the necessary energy from entirely renewable sources. European countries were too quick to shut down coal and nuclear power plants to focus on wind and solar renewable energy sources. The transition was not close to […]
Europe had already been suffering from low supplies of natural gas this winter, accompanied by higher costs as demand outpaced supply. But now, the invasion of Ukraine by Russia (which had until very recently supplied more than 40% of Europe’s gas imports) has triggered further price increases. With Russian gas out of the picture, European […]
The Russian invasion of Ukraine has roiled the financial markets, but none more so than energy markets. The price of crude oil has skyrocketed. Natural gas prices are have also risen over 30% year-to-date. One way to trade oil and gas is by using the SPDR S&P Oil & Gas Exploration and Production ETF (XOP). […]
