WEDNESDAY EDITION

April 25th, 2018

ICONS Home :: Archives :: Contact  
321energy

more 321energy

editorials

 
A New Lithium War Is About To Begin
OilPrice  Apr 26  

The Bullish And Bearish Case For Oil
OilPrice  Apr 20  

Energy Update
Jack Chan  Apr 17  

Is the Chinese oil consumption growing faster than the US oil production?
GEFIRA  Mar 25  

Is Guyana Prepared For An Oil Boom?
OilPrice  Mar 24  

»» more editorials in the archives

market data

»View Commitment of Traders.

expert analysis & newsletter briefs

NexGen Energy Ltd.

"My top pick for 2016 is NexGen Energy Ltd. . . Arrow is an emerging world-class deposit that is still in the early stages of discovery. The state—it being so early in the delineation and development process—means a lot of upside still remains. . .the company just closed a $21M financing, which means the company has enough cash to carry through 2016 and beyond." (12/23/15) - Gwen Preston, Resource Maven

NexGen Energy Ltd.

"My top pick for 2016 is NexGen Energy Ltd. . . Arrow is an emerging world-class deposit that is still in the early stages of discovery. The state—it being so early in the delineation and development process—means a lot of upside still remains. . .the company just closed a $21M financing, which means the company has enough cash to carry through 2016 and beyond." (12/23/15) - Gwen Preston, Resource Maven

Fission Uranium Corp.

"Fission Uranium Corp. announced it entered into a binding letter of intent with China's CGN Mining, a subsidiary of nuclear giant China General Nuclear Power Group, to acquire 19.99% of Fission as part of an CA$82M strategic investment, along with a potential future offtake agreement on production from Patterson Lake South (PLS). . .we urge investors to bolster positions in Fission as the deal derisks development financing, and in the interim, should fund PLS through full feasibility and permitting." (12/22/15) - David Sadowski,

Energy Fuels Inc.

"Energy Fuels Inc. is the only conventional uranium producer in the U.S. and the second-largest producer overall. It has the potential become #1, given the projects and mines it has on standby or that are close to being in development. At full ramp-up we expect the company to be able to produce 5–7 Mlb/year, in a country currently producing 4–5 Mlb/year. The U.S. consumes 55 Mlb/year, but only about 10% is supplied domestically. U.S. utilities seeking security of supply will greatly prefer U.S. producers over those from Kazakhstan, Russia or Africa. This company is well positioned to benefit from higher uranium prices. We have a Buy rating with a target price of $11.85/share." (12/22/15) - The Energy Report Interview with Rob Chang

Fission Uranium Corp.

"Fission Uranium Corp. announced it entered into a binding letter of intent with China's CGN Mining, a subsidiary of nuclear giant China General Nuclear Power Group, to acquire 19.99% of Fission as part of an CA$82M strategic investment, along with a potential future offtake agreement on production from Patterson Lake South (PLS). . .we urge investors to bolster positions in Fission as the deal derisks development financing, and in the interim, should fund PLS through full feasibility and permitting." (12/22/15) - David Sadowski,


featured companies

Amazing Energy Oil and Gas, Co. (OTCQX:AMAZ)
Oil & Gas Exploration in the Permian Basin
[news ][website ]

Bitgold (XAU-V)
Your gold, store for free, spend globally.
[news ][website ]

Bitgold Explained ()
Everything you need to know to understand Bitgold
[news ][website ]

Jericho Oil Corporation (TSX-V:JCO)
Building a World-Class Upstream Oil & Gas Company
[news ][website ]

Pure Energy Minerals (TSXV:PE | OTCQB:PEMIF)
Lithium exploration and processing for the energy storage revolution
[news ][website ]

The Energy Report ()
Investment ideas for saavy investors
[news ][website ]

Titan Oil Recovery, Inc. ()
Revitalizing Oil Fields with Microbially Enhanced Oil Recovery Technology
[news ][website ]


from the publisher
  Robert J. Moriarty

Welcome to 321energy.



The Energy Report

Phil Flynn
http://www.pricegroup.com/
pflynn@pricegroup.com


The Energy Report 04/25/18

Insane and Ridiculous

President Trump said the Iran Nuclear deal was insane and ridiculous, yet that does not necessarily mean that he is going to back out of it. That possibility helped break oil from near a 3-and-a-half-year high that had rallied, in part, on threats by Iranian President Hassan Rouhani who warned of "severe consequences" if the Trump Administration "betrays the deal."

In a press conference with French Emmanuel Macron, Trump warned Iran that "If they restart their nuclear program, they will have bigger problems than they had before." Yet, at the same time the President seemed to wave an olive branch, despite calling it a terrible deal in deference to the French President who seemed to be suggesting that there was a way to save the deal, that President Trump did not dismiss out of hand. Macron proposed a three-point plan to save and modify the Iran nuclear deal, and Mr. Trump said that France and the U.S. could maybe close that deal quickly. But the President also said about the May 12 deadline to decide about whether to pull out of the deal, that no one know what he will do. Isn't that the truth? Yet the possibility that the U.S. will not pull out of the deal reduced the risk premium for oil causing a sell off along with a sudden spooked U.S. stock market

What was also insane and ridiculous was the stock market's reaction to a 3% yield. The market that has been praying for an economy that was strong enough to raise rates now somehow fears that a 3% yield is not a good thing, which really is insane and ridiculous. Earnings from 3m and a weak outlook from Caterpillar hurt market sentiment, yet companies should adjust to a growing global economy.

That growing global economy is driving global oil demand. Asian oil demand is surging as trade data from Thomson Reuters Eikon shows seaborne imports of crude oil by Asia's main buyers will hit a record in April, importing more than 9 million barrels per day (bpd) of crude. U.S. demand is also at records and we are seeing it impact supply. April gasoline demand is a U.S. record and we saw some strong data from the API. While the API reported a +1.099-million-barrel increase in overall crude supply. Strong gas demand led to 2.724 million barrels drop in gas oil supply. Distillates also fell by 1.911 million barrels as demand is rising, and in the Cushing Oklahoma delivery hub supply fell by 930.000 barrels.

Shale oil is rising but even that can't catch up with rising demand. Bloomberg News Jessica Summers and Sheela Tobben reports that "The Permian shale play is all about setting records. Now, the region may even become the world's largest oil patch over the next decade. Output in the basin is forecast to reach 3.18 million barrels a day in May, according to the Energy Information Administration. That's the highest since the agency began compiling records in 2007. By 2023, the basin may produce 4 million barrels a day, according to the International Energy Agency. The Ghawar field in Saudi Arabia is currently the world's biggest oil field, with capacity of 5.8 million barrels a day, according to a 2017 EIA report."

This is all thanks to the size of the oil deposits, coupled with increased technology and efficiencies. "The technology is the biggest driver," said Rob Thummel, managing director at Tortoise, which handles $16 billion in energy-related assets. The basin in and of itself could end up being the largest oil field in the world, even bigger than Ghawar in Saudi Arabia.

The Fox Business Network was one of the only places that was telling you about the coming energy bull market. That is why you must stay tuned all day long. Sign up for my trade levels as well as market updates at pflynn@pricegroup.com.

There is a substantial risk of loss in trading futures and options.

Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. PFGBEST, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

Phil is one of the world's leading energy market analysts, providing individual investors, professional traders and institutions with up-to-the-minute investment and risk management insight into global petroleum, gasoline and energy markets. Phil's market commentary, fundamental and technical analysis, and long-term forecasts are sought by industry executives, investors and media worldwide.

PLACING CONTINGENT ORDERS SUCH AS "STOP LOSS" OR "STOP LIMIT" ORDERS WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS. SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS.

Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. Alaron Trading Corp. its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

Contact Phil at 1-888-264-5665 or pflynn@pricegroup.com.



Home :: Archives :: Contact  

WEDNESDAY EDITION

April 25th, 2018

© 2018 321energy.com



Visit 321gold.com