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How To Profit From Peak Oil

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How To Profit From Peak Oil

Unread postby OilIsMastery » Mon 16 Jul 2007, 17:19:21

I have seen Matthew Simmons say that his favorite common stocks are in "the oil service industry" and "rigs."

http://www.youtube.com/watch?v=9mRLGtTzd8E

Presumably this means SLB, RIG and GSF.

Boone Pickens who runs the biggest oil hedge fund owns all three of those names as well as SU, VLO, and HAL.

Anyone else have any bright ideas?
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Re: How To Profit From Peak Oil

Unread postby Pops » Mon 16 Jul 2007, 18:33:26

Yea, but you wouldn’t get 'em….
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Re: How To Profit From Peak Oil

Unread postby BigTex » Mon 16 Jul 2007, 18:41:59

Check out Dril Quip, Inc. (DRQ). They provide specialized equipment and services for deep sea drilling in harsh environments. They've been around since 1981 and, get this, insiders own 40% of the outstanding shares. It's been a very solid performer the last few years.
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Re: How To Profit From Peak Oil

Unread postby OilIsMastery » Mon 16 Jul 2007, 18:57:14

$this->bbcode_second_pass_quote('Pops', 'Y')ea, but you wouldn’t get 'em….

If your ideas have to do with the Global Warming Hoax then you're right, I don't get 'em.
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Re: How To Profit From Peak Oil

Unread postby Pops » Mon 16 Jul 2007, 19:05:15

Look around a little before you spout.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
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Re: How To Profit From Peak Oil

Unread postby Micki » Mon 16 Jul 2007, 20:59:32

$this->bbcode_second_pass_quote('', 'G')lobal Warming Hoax

Ahh...you mean the hoax that man does not impact.
We'll after the "GW Swindle" movie was exposed as a swindle, I think we are through that debate.

Anyway, back to investments.
Most if not all energy shares will benefit positively but there will still be individual shares that pullback and there will be sector pullbacks. And if demand really drops or if speculators/hedgefunds etc for what ever reason need to pull out from long positions this can have dramatic effect on price.

Therefore I suggest similar discipline needs to be applied when trading/investing in energy as with anything else. The price is just much more likely to go up in the long run.

i.e. Many here say ethanol fuel is a scam. I honestly don't know.
But that doesn't mean you can't make money on the shares if sentment is that people invest in these companies.

So in brief, short and medium term trade according to strict rules, reasonably tight stop losses. (Some technical analysis skills would be useful)

For long term (based on fundamentals) ensure long term trends aren't broken. (Or if daring, make sure you are right and just sit tight)
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Re: How To Profit From Peak Oil

Unread postby TheDude » Tue 17 Jul 2007, 00:25:36

$this->bbcode_second_pass_quote('OilIsMastery', 'I') have seen Matthew Simmons say that his favorite common stocks are in "the oil service industry" and "rigs."


You know who else is really into rigs these days? Saudi Armaco.

I'll let that speak for itself, since this is just another ad hominem.
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Re: How To Profit From Peak Oil

Unread postby MonteQuest » Tue 17 Jul 2007, 03:30:48

$this->bbcode_second_pass_quote('OilIsMastery', 'A')nyone else have any bright ideas?


Yeah, I do.

Mindsets like yours are part and parcel to the problems we are facing.

Getting rich is not the goal; giving up being rich is.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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Re: How To Profit From Peak Oil

Unread postby jasonraymondson » Tue 17 Jul 2007, 09:02:57

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilIsMastery', 'A')nyone else have any bright ideas?


Yeah, I do.

Mindsets like yours are part and parcel to the problems we are facing.

Getting rich is not the goal; giving up being rich is.



That is quite the fantasy world you got there son. If you don't get rich, then when things do collapse... you will be the slave and the guy who took the time to become rich will own your ass.

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Re: How To Profit From Peak Oil

Unread postby MonteQuest » Tue 17 Jul 2007, 11:46:33

$this->bbcode_second_pass_quote('jasonraymondson', '')$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('OilIsMastery', 'A')nyone else have any bright ideas?


Yeah, I do.

Mindsets like yours are part and parcel to the problems we are facing.

Getting rich is not the goal; giving up being rich is.



That is quite the fantasy world you got there son. If you don't get rich, then when things do collapse... you will be the slave and the guy who took the time to become rich will own your ass.


I am afraid I'm not the one with the fantasy. Peak oil will force people to view the world differently, to a degree almost unimaginable to those who scarcely understand the concept just now.

Being 'green' and 'environmentally friendly' will have next to nothing to do with it. Being 'rich' might not help much either, although it probably will not hurt, as long as money has any real value.

But it is most certaintly not the goal.

Skills may well be the new currency.
A Saudi saying, "My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
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Re: How To Profit From Peak Oil

Unread postby eastbay » Tue 17 Jul 2007, 12:11:36

I tend to agree with Simmons and Pickens, mostly because their advice only makes sense. However, I nevertheless still have a significant percentage in the actual oil companies such as Exxon, COP, VLO, CVX via a Fidelity fund FSENX, but I've been trimming that element and will trim it further as the summer progresses.

I've been thinking that basic food commodities might be a good bet after this summer. Those are my bright ideas for the short term.

For the long term it's gardening, fitness, martial arts, etc ...
Got Dharma?

Everything is Impermanent. Shakyamuni Buddha
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Re: How To Profit From Peak Oil

Unread postby OilIsMastery » Tue 17 Jul 2007, 13:01:14

$this->bbcode_second_pass_quote('MonteQuest', 'G')etting rich is not the goal; giving up being rich is.

Speak for yourself :lol:
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Re: How To Profit From Peak Oil

Unread postby oildrinker » Tue 17 Jul 2007, 18:12:42

The only investment I see as worth while is getting myself a gun with lots of ammo.
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Re: How To Profit From Peak Oil

Unread postby BigTex » Tue 17 Jul 2007, 18:23:36

$this->bbcode_second_pass_quote('OilIsMastery', '')$this->bbcode_second_pass_quote('MonteQuest', 'G')etting rich is not the goal; giving up being rich is.

Speak for yourself :lol:


OilIsMastery, I think you would do better to read more and type less until you have been around this forum a while. I think you can learn more from MonteQuest that he can from you.

There is plenty to learn here about PO investing. Check out the Traders Corner thread. Good stuff there. But don't throw stones at MQ; he's a tremendous resource, even if you don't always agree with his points.
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Re: How To Profit From Peak Oil

Unread postby MonteQuest » Wed 18 Jul 2007, 00:30:03

$this->bbcode_second_pass_quote('OilIsMastery', '')$this->bbcode_second_pass_quote('MonteQuest', 'G')etting rich is not the goal; giving up being rich is.

Speak for yourself :lol:


I'm speaking for what is sustainable.

Your mindset is not.
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