Gas Guzzlers Are Back!
A note via RBC: “Total new US auto sales were evenly split between cars relative to trucks and SUVs in the five-year period leading up to 2015, but the latter category now makes up about 60% of total new … Continued
Strong U.S. Crude Oil/Gasoline Demand as Crude Approaches $50
The following two charts help to explain the seemingly relentless bid in crude oil: We are well above average in terms of demand for both gasoline and crude oil for this time in the year. Moreover demand usually does … Continued
Jericho Oil Publishes Annual Letter to Shareholders
VANCOUVER, BC and TULSA, OK–(Marketwired – May 16, 2016) – Jericho Oil Corporation (“Jericho”) (TSX VENTURE: JCO) (OTC PINK: JROOF) announces that it has published its Annual Letter to Shareholders from Chairman and CEO, Allen Wilson. The full text of the … Continued
Energy Stocks Lag Crude Oil Rally
WTI crude oil has nearly doubled from its February low, meanwhile the performance of oil stocks has begun to lag noticeably: There are many reasons for this phenomenon, and many reasons why the oil/oil stock divergence has widened significantly … Continued
Why A Trump Presidency Would Be Good for Gold and a Disaster for Stocks
By most accounts Donald Trump is a billionaire and he often reminds us of this with sentences such as “I’ve done great…” or “I don’t need anybody’s money….i’m really rich.” Most people think that if someone is able to accumulate … Continued
Jericho Provides Reserves Update; Lowers All-In Costs to Less Than $10/boe
A junior mid-continent oil explorer we have been following, Jericho Oil Corp (JCO.V), released an updated reserves evaluation this morning and there are some impressive nuggets within the release; Jericho has increased proven & probable reserves (2p) to 1.24 million … Continued
Jericho Oil Reports Reserves Update
VANCOUVER, BC and TULSA, OK, May 4, 2016 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC: JROOF), announces the results of its 2015 year-end reserves evaluation of its Kansas and Oklahoma properties as prepared by Cawley, Gillespie & Associates, Inc. … Continued
Interview With Jericho Oil CEO Allen Wilson
Jeb Handwerger interviews Jericho Oil (JCO.V) CEO Allen Wilson: “When the oil price turns we will reap the benefits more than others and without some of the challenges that others are facing right now in terms of debt.” ~ Allen … Continued
Jericho Oil Provides Operations Update
VANCOUVER, BC and TULSA, OK–(Marketwired – April 13, 2016) – Jericho Oil Corporation (“Jericho”) (TSX VENTURE: JCO) (OTC PINK: JROOF), a debt-free growth-oriented oil and gas company focused on Mid-Continent production, is pleased to provide an operational update on its Oklahoma … Continued
This Oil Exploration Stock is Breaking Out
An oil & gas explorer we have been following for the last six months, Jericho Oil Corp (JCO.V), soared more than 10% today while breaking out above a key resistance level: JCO.V (Daily) We began covering Jericho in November … Continued