Joseph Dancy: Global Oil Demand Accelerating−Especially from China, India and the Middle East
This Financial Sense Newshour program is available only as a premium, paid "FS Insider" release.
For advance notice of release of premium, paid "FS Insider" content or to purchase a monthly or annual subscription to "FS Insider" content, go to www.financialsense.com/subscribe.
Jim is joined by energy expert Joseph Dancy to discuss the global energy markets. Joe notes that recent IEA forecasts indicate global oil demand growth is accelerating, particularly driven by rapidly developing areas like China, India and the Middle East. Joe also notes that the recent Arab Spring uprisings may have long-lasting effects on limiting crude oil production growth in those areas. In addition, the North Sea oil and gas industry is now producing at half the 2005 production rate. Given these fundamentals, Joe expects more merger and acquisition activity going forward, with cheap proven oil reserves and very undervalued public energy companies.
Joseph R Dancy is manager of the LSGI Technology Venture Fund LP, a private mutual fund for SEC accredited investors formed to focus on the most inefficient part of the equity market. He is a Trustee on the Michigan Tech Foundation, and is on the Finance Committee which oversees the management of that institutions endowment funds. He is also employed as an Adjunct Professor of Law by SMU School of Law in Dallas, Texas, teaching Oil & Gas Law, Oil & Gas Environmental Law, and Environmental Law.
About James J Puplava CFP
|09/27/2016||Lifetime Income Series: David Sayen on the Importance of Planning for Medicare||bcast|
|09/26/2016||Lifetime Income Series: Everything You Need to Know About Medicare||bcast|
|09/24/2016||Jim Puplava’s Big Picture: A Strong Defense Wins Championships||bcast|
|09/24/2016||Dave Nicoski: Bond Bubble Poses Greatest Risk to Structural Bull Market||bcast|
|09/20/2016||Lowell Smith: Maximizing Pensions for Employees and the Self-Employed||bcast|
|09/19/2016||Lifetime Income Series: Lower Taxes, Save Money and Invest More||bcast|
|09/17/2016||Jim Puplava’s Big Picture: The Mandibles - A Book Interview||bcast|
|09/17/2016||Dan Wantrobski: Market in a Corrective Phase||bcast|
|09/13/2016||Lifetime Income Series: Karen Covy on “When Happily Ever After Ends”||bcast|
|09/12/2016||Lifetime Income Series: 50 Shades of Grey Divorce||bcast|