David Fessler

Instead of a supply glut of oil, we are on the verge of a complete reversal. Global energy demand – particularly in China – is about to skyrocket. And these four plays are set to profit most.

Despite what you may have heard in the press, U.S. crude oil production went down in May. And it won’t stop there…

The Obama administration just granted Shell approval to drill in the Arctic Ocean. Is the decision a win for Big Oil… a loss for environmentalists… or both?

There is no doubt there is a global glut of oil… But there’s another liquid that’s even more important to the economy… and is in short supply.

If you have an IRA – and you certainly should have one, given their potential as a vehicle for tax-advantaged retirement savings – then you should know that the value of most IRA accounts is pitifully low. In fact, according to the Workers Retirement Institute, the average value of an IRA held by U.S. workers is less than $28,000.

>> The Top 4 Mistakes Made by IRA Holders

There’s an old 1950s Texas saying that goes something like this: “A few oil wells makes ranching a fine business.” But after the initial boom that ended in the 1970s, Texas oil seemed like it was heading in the direction of “all hat and no cattle.”

>> The Newest, Hottest Shale Oil Play

Last October, Dominion Resources, Inc. (NYSE: D) announced it would be closing its Kewaunee nuclear power plant. Located in Wisconsin, this small, 566-megawatt (MW) unit is the first nuclear plant to succumb to cheap natural gas.

>> Are U.S. Nuclear Power Plants Going the Way of Coal Plants?

The Organization for Economic Co-operation and Development (OECD), headquartered in Paris, was formed in 1961. Twenty countries are charter members. Fourteen more have been added since it was formed. You can see the entire list of 34 member countries here, and the dates they… The Impact of Global Oil Consumption: OECD vs. Non-OECD >>