Tim Fodor's Blog

Just a blog from Tim Fodor, by Tim Fodor

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The reason Oil is a Safer Expenditure than Gold

Each day, local newspaper and television commercials are inviting people to invest their capital in gold. They are simply supporting their recommendation with claims that making an investment in gold is going to guard their investment capital from high inflation. Additionally they go farther by telling potential traders that investing in gold may protect their funds and savings from turbulence on the global economy. Unfortunately, numerous people are falling for this advice and therefore are investing their funds in gold without truly figuring out the potential for loss, and it has to be asserted there is now a lot more potential risk than any time in the past in making use of gold as an investment methodology. One of the primary potential risks is definitely the mind boggling degree of phony gold bars circulating. Criminals that are making and selling fake gold have been using such sophisticated techniques, that even seasoned specialists have been fooled. Due to the high degree of criminal activity now involved in the gold products industry, anybody who invests in gold is taking the risk that a portion of the gold they obtain, whether they literally hold it or not, could include fake gold. Crude is actually reacting to the laws of demand and supply and concerns in the Middle East. Marketplace demand is on the way up because of high development in India and China which has balanced out economic weakness within the Traditional Western Countries. The demand for oil extends well past gas. Products made from petrol include plastics, medicines, linoleum, roof shingles, ink, cosmetic makeup products, synthetic fibers, solvents, fertilizer, asphalt and also thousands of others. You are better off owning crude oil!

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WHY GAS AND OIL PURSUIT IS USUALLY A SMART CHOICE

Economic Slump Proof - The demand for oil and gas will stay high for years to come. Because of the fact that oil is much less reliant on the market when compared with traditional investments, including stocks and bonds, this can be one investment decision that not only endures during an economic downturn, but grows with the potential to produce large earnings. Diversification - The attractive element about investing in oil wells is they aren't impacted by the current condition of the overall economy. The truth is, it's this immunity to against the financial state that can help them behave as a diversifier. Whilst funds and stocks could be stumbling because of a poor economic climate or climbing oil prices, ventures in oil wells can help save you from economic slowdowns that are caused by unexpected and sharp oil price increases. Truly, they could really perform in your favor! Depression Proof - Oil and gas are the ultimate defensive investment. As precious metals, oil and gas are an excellent buffer from inflation. However unlike precious metals and other inflation hedges, oil and gas will provide a capital flow even in a depression. It is the only tax investment still available to individuals that remains safe and secure, no matter which way the economy changes. Institutional and Individual Investors - Every year extremely sophisticated individual and institutional investors external to the oil and gas sector expend vast amounts of dollars directly into exploration for and manufacture of gas and oil in the United States. These types of buyers include incredibly affluent individuals, overseas investors, trust divisions of major banks, large life insurance corporations, big industrial firms, as well as pension funds invest in exploration solely for profit as they quite simply have no need for the tax benefits. They can decide on the whole array of ventures simply because they understand directly that an investment in gas and oil gives invulnerable long-term fiscal benefit, cash flow, dramatic upside potential and permanent tax rewards.

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Why is bamboo the best decking material?

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What is a refinery?

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Oil and Gas Investment Possibilities

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Oil and Gas Tax Considerations

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Anatomy of an oil rig

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Many advantages of Independently owned Oil Produers of the Major Companies

Substantial onshore opportunities - Independent discovery firms are able to pursue the smaller, significantly less sensational initiatives that may bee very bit as lucrative. This is a function of the lower cost of business .The lesser independents uncover around 65% of all oil fields, not the major oil companies. Big Oil leaves behind these types of lesser plays because of the need to follow vast initiatives to sustain the reserve base. Effective “oil finders” are usually hard to find and in high demand - Major Oil Providers have reduced their own exploration budgets from 30 percent in the mid 1990's to 18% today, while our industry’s geological and engineering workforce has decreased from 800,000 personnel in the 1980's to 285,000 in 2006. This caused critical lack of successful exploration geo-scientists. Successful “oil finders” are actually scarce and in high demand. Utilize the recent growth of “resource plays” - The petrochemical industry has created the capability to turn out fuel from firm sand, shale gas and coal bed methane. The long term financial aspects of the resource plays are in question and each play involves significant capital expenses in large land blocks and extremely higher well drilling and completion expenses. The majors left behind thousands of lesser oil fields 30 years ago to focus on huge gas and oil fields in foreign countries, in the ocean and in the Arctic. These lesser fields are now becoming important as fossil fuel shortages loom and the price of crude oil and natural gas continue to go up. Cutting edge technological advantages - Major Oil Firms use outdated discovery techniques utilizing expensive top down approach which is heavily dependent upon seismic testing which in a variety of situations this is their only exploration tool.

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Mark Ruffalo calls on Obama to ban fracking ahead of UN climate summit

See on Scoop.it - Oil and Gas

Actor and activist made the plea in a press call hosted by Food & Water Watch, which released a report on fracking Actor and activist Mark Ruffalo called on US president Barack Obama to ban fracking and make the US the renewable energy capital of...

Tim Fodor's insight:

Maybe Mark should stick to acting! Exploration, Drilling and Production of fossil fuels can be done contemporaneously with protecting the environment. Engineering and scientific data done correctly simply cannot within the laws of physics extend hundreds or thousands of feet vertically to water aquifers. Renewables without significant tax incentives and government subsidies are not competitive nor a national solution to energy. I doubt a windmill can generate the hydrocarbons needed to manufacture plastics or any number of other products made using refined oil and gas products. Let's start using sound scientific facts in making government political and society decisions not pundits or activists who have zero scientific education or basis on their opinions.

See on theguardian.com

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New York Fracking Ban Contrary To State's Energy Future

See on Scoop.it - Oil and Gas

The fracking ban by New York Governor Andrew Cuomo was a huge political success for the Governor and for those opposed to fracking. But it also means burning more dirty coal and oil during the winter months when gas supplies are insufficient to most of New York and New England, with air and water contamination much worse than fracking. Natural gas generates more energy in New York State that any other source, and is growing. So what does this ban really mean for the future?

Tim Fodor's insight:

It seems entirely rational to make decisions and to govern using sound scientific research and data. Folks fracking when does correctly create micro fractures that run parallel not horizontal and simply cannot extend hundreds or thousands of feet up to the water aquifers. 

Of course we do not live in a rational world! 

See on forbes.com

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A Slew of Coal Plants Get New Lease on Life—With Gas - National Geographic

See on Scoop.it - Oil and Gas

Several aging coal plants are being reconfigured to burn natural gas.

Tim Fodor's insight:

Despite all the hopes of sun and wind enthusiasts, the real revolution in the energy world has been driven by old-style fossil fuels. Shale gas now dominates global energy policy.

See on news.nationalgeographic.com

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US energy is growing—and so is US 'power'

See on Scoop.it - Oil and Gas

Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.

Tim Fodor's insight:

So much for the pundits claiming we were running out of oil. 

See on cnbc.com

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The Shale Gas Revolution

See on Scoop.it - Oil and Gas

Despite all the hopes of sun and wind enthusiasts, the real revolution in the energy world has been driven by old-style fossil fuels. Shale gas now dominates global energy policy.

See on theeuropean-magazine.com

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Ten Reasons Why a Severe Drop in Oil Prices is a Problem

See on Scoop.it - Oil and Gas

Not long ago, I wrote an article titled 'Ten Reasons Why High Oil Prices are a Problem.' If high oil prices can be a problem, how can low oil prices also be a problem?

See on theenergycollective.com

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Saudi Arabia's oil war against Iran and Russia

See on Scoop.it - Oil and Gas

This week, oil fell through the price floor of $60 a barrel and gas at my local filling station was $2.26 a gallon. That’s great news for commuters and almost every business, but wonderfully bad ne...

See on nypost.com