The Bakken Oil Formation is one of the largest remaining oil reservoirs in the World. The formation is estimated to span some 520,000 KM Squared (200,000 Square Miles) and covers parts of Montana, North Dakota, and Saskatchewan. It was discovered back in 1951; however, due to difficulties extracting from the Bakken Shale the reservoir was [...]
Read the full article »
Bakken Oilfield Producers likely to be much more profitable than Oil Sands
The Bakken Oilfields make up a gigantic oil formation with over 4.3 billion barrels of recoverable oil. This oil fields stretch across southeaster Saskatchewan, North Dakota, and Montana and was not technically or economically accessible in the past; however, new technologies have made this [...]
Read the full article »
Top 6 Oil and Gas Investments in Canada
The best way to invest in the oil sands of Alberta is to buy one of the many Canadian Oil Sands companies. There are so many oil and gas companies to choose from, so an investor needs to find a way to distinguish the stars from the dogs.
Unless [...]
Read the full article »
Oil and Gas Crack Spread: How to Profit from an unrealistic Spread.
Spread out of whack: Natural Gas Crack Spread
When you hear oil and gas futures traders talking about the crack spread what they really mean is the difference between the price of crude oil and petroleum products extracted from it. The ‘Crack’ can be though [...]
Read the full article »
According to the Emergy Information Administration, Canada is one of the worlds largest produces and exporters of energy and has considerable natural resources; the country is a net exporter of oil, natural gas, coal, electricity, etc. Since 1980, Canada’s total energy production has increased by 81%, while total energy consumption only increased by 40%. The [...]
Read the full article »