Blood & Oil The New Emerging Petro-Landscape


Collectively the major oil producing countries that are highly dependent on oil export revenue are experiencing an unprecedented level of tumultuous upheaval. A seismic shift is taking place in world oil production with the addition of US shale-oil production and recent exports during a period of flat demand not to mention a strong US dollar – so much oil and nowhere to go. And because of the strong US dollar, even countries that are not under economic strain have shrewdly decided to limit their purchases of oil.
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Never Let a Serious Crisis Go to Waste: How Technology Can Rejuvenate the Slumping Oil Industry


Even in crisis there is opportunity. Nothing more pertinent can be said about the current state of the global oil exploration and production industry. The crisis at hand is a unique opportunity for transformation.
 
The Crisis: A confluence of political, economic, technological and social factors is creating a perfect storm in the oil exploration and production industry. Even with recent increases in crude oil prices, the volatility remains. Analysts estimate that North American oil companies are losing nearly $2 billion a week at current prices. Their long-term debt has soared from $200 billion in 2010 to over $350 billion in 2015. By any measure, the top line and the bottom line of nearly every company across the value chain is under tremendous pressure. This calls for unprecedented interventions: political, economic, and, perhaps most promisingly, technological.
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Prolonged Low Oil Prices: An Overlooked Source of Muni Bond Risk and Opportunity


The dramatic downturn in domestic oil prices, which has had traumatic consequences for the oil and gas industries, may ultimately have a similarly traumatic effect on the credit quality of municipal bonds of U.S. local governments buoyed by years of oil-driven population, property value growth, and revenue increases. Even as the contraction of the oil and gas industries is making headlines, the less discussed potential shift from unprecedented growth to rapid declines in population, revenue, and tax base valuation for local governments remains generally unconsidered by many municipal bond investors, but warrants closer examination by investors to avoid the land mines and find related opportunities.
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Thanksgiving 2015: Pleasure at the Pump


One of the big news stories “above the fold” going into this holiday week is how motorists are thrilled with the lowest gasoline prices for Thanksgiving week since 2008. Across over half the nation, gasoline is below $2.00 per gallon, and expected to drop even more.
 
GasBuddy.com says prices are about .80 cents per gallon lower than last year, and $1.29 cheaper than 2013. The longer you wait to fill up this weak, they say, the cheaper it’s likely to be.
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