Why the Great American Oil Bust Will Be Long & Painful

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Merk

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This topic contains 2 replies, has 2 voices, and was last updated by Madman  Madman 4 years, 4 months ago.

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  • 2015-01-22 at 12:29 PM#16467
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    Merk
    Merk
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    50

    This is an article by Wolf Richter, who I mentioned in a previous post about “what’s going on with gas”. I hope this helps anyone with questions about oil effect on our economy.

    http://wolfstreet.com/2015/01/22/oil-gas-layoffs-cut-backs-bloodletting-meet-soaring-production/

    I highly suggest reading into some of his material if you are into investment or finance in any way.

    2015-02-17 at 1:01 AM#23574
    Madman
    Madman
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    772

    Thanks for that! Great read. I have been waiting to buy into VPU, Vanguards Utility ETF since prices are dropping so much. Natural Gas and Oil is so cheap right now I almost bought in already but I am glad I waited now. Probably some more downside to come.

    Check out http://www.mrmoneymustache.com

    This dude saved like crazy and retired when he was 32.

     

    2015-09-23 at 12:18 AM#119315
    Madman
    Madman
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    772

    Started buying KMI with some extra dividend money.. Not that I am giving advice or anything. Oil stocks are hit hard, so I am picking up a few on the4 side. KMI pays 6% dividend also.

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