Feb 2, 2018

America's Energy Independence


What are your thought on the growing dominance of the U.S. in the oil industry? U.S. drillers haven't pumped 10 million barrels a day since Nixon's presidency. I guess it means we're taking big steps towards energy independence. Growing production should probably drive prices lower, but it seems the U.S. has so much supply that that won't be a problem. I read we had over 12 billion barrels that we could tap into in Alaska alone.



New Posts
  • asaperstein1
    Jun 2, 2018

    Group of Seven finance chiefs criticized the U.S., claiming its trade actions could devastate global economic confidence and threaten the effectiveness of the Western alliance. Do you agree? Will these tariff actions ultimately have such effects?
  • Emre Balcı
    May 5, 2018

    Especially, Japanese companies are facing a workforce automation problem. It’s not the kind you normally hear about, though — workers aren’t afraid they’ll lose their jobs to machines. Instead, the companies need to engineer robots to replace the droves of Japanese workers approaching retirement age. Right now, over a quarter of the Japanese population is over the age of 65, and that number is expected to jump to 40 percent over the next 40 years. That’s bad news for industries that will need to replace those retiring workers, especially for industries like construction for which automation hasn’t caught on as quickly.
  • asaperstein1
    May 5, 2018

    Another week of stellar earnings reports has gone by without any payoff in stocks. Even Friday’s rally, the biggest in almost a month, couldn’t turn the tide. Why do you guys think people aren't responding well to earnings growth? I personally don't trade on earnings. I usually rely on others to.