Bill Powers: New Pipeline Projects Should Ease Pressure On Gas Prices
Politicians in US and UK may use the Strategic Petroleum Reserve to bring down gas prices in an election year
Jim welcomes back to Financial Sense Newshour Bill Powers, Editor of the Powers Energy Investor newsletter. Bill sees expansion of pipelines in Texas to the Gulf of Mexico as helping ease pressure on gasoline prices. Bill is also positive on energy equities, as he sees continuing Quantitative Easing from the Federal Reserve directing money into hard assets such as energy-related companies.
Bill previously published the Canadian Energy Viewpoint and US Energy Investor. Bill has studied all aspects of the energy sector with an eye towards uncovering outstanding investment opportunities. He completes both primary and secondary research to identify small to mid-sized exploration and production (E&P) firms with strong value propositions, experienced management, strong balance sheets and growing production. With alternative energy becoming an increasingly important part of the world’s energy supply, Bill also considers established and early stage alternative energy companies worldwide.