Why $100 Oil Could Be Here Before We Know It

by | published August 7th, 2018

The two major global crude oil benchmarks saw solid advancements yesterday, marking the start of what should be a weekly rebound.

Both gained a bit less than 1% on Monday, with WTI (West Texas Intermediate, the standard for oil futures contracts written in New York) adding 0.79% and Brent (the more widely used and higher-priced, global yardstick for London contracts) gained 0.82%.

Still, as the pundits are quick to point out, both are down for the month. WTI at close of official trade yesterday has shed 6.5%, and Brent is down 5.7%.

The worry fueling the talking heads’ air time comes from the fact that oil was on a largely unstoppable tear through the first half of the year. WTI pushed above $74 a barrel by the end of June, and Brent was close to touching $80 at the time.

Still, I remain bullish on both benchmark prices. I don’t think triple-digit prices are too far off in the future.

And there are three overarching facts to keep in mind when examining this bullish oil pricing environment

Bask in the Sun – And the Profits – As Solar Goals Hit Way Ahead of Schedule

by | published August 4th, 2018

It’s summer.

The birds are singing, the sky is clear blue, and, most important of all…

The sun is shining.

The only thing that puts a blot on this otherwise beautiful day is the fact that you know you’ll have to pay for your extra electricity usage.

But what if that wasn’t the case?

What if you know that your electric bill is a nonissue, and there’s no question of you being able to afford it.

In this future, the money that would have gone toward paying for your electricity has instead gone into some other necessity, like your grandkids’ college funds or that perfect summer vacation on the beach.

The reason for this, of course, is the solar panel perched proudly on your roof, giving you an unlimited source of power for all of your electricity needs.

This scenario is coming in a hurry.

I say in a hurry because cities, countries, and governments all over the world are hitting their solar energy goals almost faster than they can make them.

Let’s look a couple years into the future for proof