oilsands

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35 Comments

    • Sun Nov 30th 15:19 PM
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      Alternative Energy Storage Is an Investment Tsunami
      The good thing is that so many people who are investors recognize the need for an alternate energy future to keep us afloat as a nation.  The the investment ideas are secondary in the reader responses.  
      (It appears that the last administration was unable to grasp the significance of these problems.) 

      As to the cost effectivness of alternate energies, subtract the subsidies from oil and the economic viability of alternatives is instant, not future. Remember, you and I paid for the subsidies to big oil through our tax dollars.

      Thanks for this important article.
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    • Fri Nov 14th 09:33 AM
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      Polysilicon Prices Head for Steep Fall: Good News for Solar?
      Capacity does not equal production. China may ramp up their solar to support their start-ups. By now, they are surely gaining an appreciation for the reward of such action as the cost of drilling for oil and gas climbs.
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    • Fri Nov 7th 11:17 AM
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      Digging into Shipping
      Thanks for the excellent and thorough analysis. The companies you reviewed are predominantly long term charter, but it looks like the market is treating them as if they are mostly daily rate charters.

      Boubou's comments are interesting. Which shippers do oil?

      We have stock in DSX, OCNF, FRO and SFL. I watch many other shippers closely, esp DRYS , EGLE, and ONAV.
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    • Thu Nov 6th 11:12 AM
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      Provident Energy Trust: Income for Today and Tomorrow
      Thanks for the comments, Tim. On note: While the computer screen counter says page 41, it seems to be page 39 in the PVX report.
      tomatden is spot on re the future of the US dollar and its effects re these Canadian energy trusts. I have owned Canadian royalty trusts for some years including all you have mentioned.
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    • Thu Oct 30th 23:58 PM
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      Why I Sold National Oilwell Varco and Bought WMS Industries
      I like your approach: realistic, balanced, calm and based on a method.  As to the viability of the "investment machine" you are trying to build, there are some good professional newsletters at reasonable prices which would seem to fit your approach.  They make good background for your own processes. 
      I have been in oil for some time, love the dividends as I am retired and focused on income; growth is secondary.
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    • Tue Oct 14th 11:30 AM
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      Some Stocks to Research for the Market Rebound
      David White, sorry I forgot to say, thanks for a fine article. I like alternate energies, shipping, and agriculture. We also own some Canadian oil royalty stocks for income.

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    • Tue Oct 14th 11:23 AM
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      Some Stocks to Research for the Market Rebound
      Re drilling: 1. foreign oil companies control where the very limited supply of skilled manpower and equipment gets used. 2. It takes many years for a land based well. From what I have read, offshore won't actually produce any oil for at least a decade, but that is optimistic. BP just spent 20 years and 6 Billion dollars to start one platform produing. We have no way so far to insure the oil comes to the USA even if it is drilled offshore. Some of our land based wells actually produce oil and gas for Canada. Where do you think all that oil in Alaska ends up? I am for sane drilling; we get royalties from two states. I am sorry to see the political frenzy over something that won't solve the problem when there are so many good options out there. If you take the money given to big oil in tax breaks and redirect it we could be energy independent from the middle east pronto. Mr. "head in the sands" (blue collar guy), do some research, please. The conversion from oil to other fuels will create jobs - jobs we need now. We are fortunate to have so much oil and gas and coal, but it is time to start using it prudently.
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    • Fri Oct 10th 10:21 AM
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      A Fresh Look at Shipping Company Stocks
      Thanks for the analysis, Tim.
      I have SFL, FRO and DSX. Just bought some OCNF and am very tempted by SBLK. What do you think of OCNF? Did you ever look at MSB? I passed that one up at 6$. One of my major goofs.
      Thanks again.
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    • Thu Jul 31st 10:47 AM
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      Five Key Chinese Energy Sector ADRs
      Good article.
      Thanks,
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    • Sun Jul 13th 11:30 AM
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      Can the Dow and S&P Last 15 Rounds?
      For Wally Jr, the 15 % canadian withholding is not a deduction on your tax return, but a tax credit; that means for each dollar withheld by Canada, one dollar is subtracted from what you owe Uncle Sam. So it is just as valuable as getting the full amount of the dividend.
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    • Fri Jul 11th 11:49 AM
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      Alesco Financial: REIT Selling For Less Than Cash On Hand
      Excelllent presentation. thanks! Timmymick's comment is very cogent. The board and management just failed to take into account the effect of perception by the very frightened market investors and analysts.
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    • Sat Jun 28th 11:03 AM
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      High-Yield Canadian Royalty Trusts: What's the Catch?
      P.S. When taking the foreign tax credit, one need not apply for a refund, it is just a paper credit, supported by forms sent to you by the royalty trust. No need to apply to the Canadian govt. Very simple, actually.
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    • Sat Jun 28th 10:59 AM
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      High-Yield Canadian Royalty Trusts: What's the Catch?
      chazzzzz, the dividend does not disappear in 2011. The tax is on the dividend. Remember, under the foreign tax treaty, the amount collected by the Canadian govt is a tax CREDIT, not just a deduction.
      Very nice at tax time. Don't know if the provincial tax will be treated the same way. For US citizens, the 15% Canadian withholding effectively reduces the net dividends so 14% becomes 12% - until you file your annual taxes. Then you get that withheld amount back in the form of a credit.
      The only US corporate sector paying large dividends are shipping firms, and they are certainly volatile, as well.
      As to the author's comment implying that the dividends of "normal" stocks do not fluctuate, that is asimply ridiculous.
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    • Fri Jun 20th 12:14 PM
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      Bush's New Drilling Proposal: Fixing a Hole
      paul, you are right we are going broke. drilling will never fix that problem. alternative energy solutions will. likewise, taxing oil interests rather than giving them subsidies should be done. this will of course drive up the price of fuel, but we need to change our thinking and that is what it will take to do it.
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    • Fri Jun 20th 11:54 AM
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      China Cuts Subsidies - Is a Pullback in Oil Next?
      Right on, Jack. Oildriller has it right, look for higher prices.
      What a joke, the US govt criticizing another country for waste.
      Wish I could laugh. Also, we are so brainwashed in this country that the subsidies we hand out in various tax breaks and the expenditures of the Dept of Defense protecting middle eastern oil are not noticed.
      Amazing.
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