Why the price of oil will continue to fall?

Energy stocks jumped after the November US election because investors thought new management in Washington would be their ticket to higher pricing. But lets take a look at things from a more detailed perspective?

On the surface, with President Trump promising to reduce the Oil and Gas industry’s regulatory burden and open more federal land and offshore areas to drilling it was clear things would get better.  … Read more

Oil SHOCK!

The world is in the grip of a new oil shock. The shock is that prices have been collapsing.

Last week crude oil dipped briefly below US$70 a barrel. That’s about one-third cheaper than in June 2014.  Prices are back at levels not seen since September 2010, when demand was still in a post-financial crisis slump.

The big reason often quoted now is that US production is going through the roof.… Read more

Buffet’s best advice…

Who you should hire… And how to apply it

“Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.”

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