RichC | February 19, 2020
Those of us who spend any amount of time investing or trading stocks enjoy the good feeling when we’ve studied and made positive investing moves … but we also tend to ignore the stupid trades. Looking at today’s chart of Exxon $XOM (5.80% annual dividend), there is no way I can positively spin one of […]
RichC | June 21, 2017
While the economy slowly improves and Wall Street waits with anticipation for congress to act on tax reform and in particular tax cuts that will bring the corporate tax in the U.S. in line with the rest of the world, oil companies continue to struggle. Obviously we’re still using oil … but the "glut" is […]
RichC | June 29, 2010
As the gulf coast continues to clean up oil damaged shorelines, folks in Mississippi, Alabama and Florida resort businesses welcome home grown singer/songwriter Jimmy Buffett, who with some friends will be helping to promote tourism with a free beach concert Thursday night. While oil gushes and a more noticeable oil slick moves closer to the […]
RichC | June 25, 2010
One wonders what this is all about – video below. (lots of stories) The auto blog Jalopnik dug up a 2003 study that shows that oil on the open ocean could evaporate under the right conditions. And it’s unclear how the Corexit 9500 dispersant affects evaporation. If it were raining Corexit 9500 in River Ridge, […]
RichC | June 22, 2010
The BP Oil Disaster is bound to be the story to remember 2010 by as historians archive this year. Like most Americans who’ve travelled and enjoy the gulf coasts of Louisiana, Mississippi, Alabama and Florida, I’m disgusted and saddened by the damage that is being done to the economy, coastline and ecosystem. As we […]
RichC | June 15, 2010
BP’s CEO Tony Hayward can’t win for losing … no matter how he handles the aftermath of the oil spill (particularly since the oil is still spewing). Like it or not, Mr. Hayward is the face of the spill and the face of BP. He will continue to rightly shoulder the blame, the frustration and […]
RichC | June 11, 2010
When there doesn’t seem to be answer and the anger for many nears the boiling point, comedians react to BP’s (and the government’s) bumbling giving us a chuckle … Posted via email from richc’s posterous
RichC | June 3, 2010
The stock market rebounded on Tuesday after selling on the government’s comments regarding criminal investigations of BP yesterday. Since I regularly reflect on moves down, it is about time to acknowledge that their is still an appetite for value … in today’s case, energy sector stocks. Most stocks were up as the DJIA jumped 225.52 […]
RichC | May 20, 2010
As headlines announce that oil is arriving to the shore of Louisiana in headlines of the paper today, the leaking BP drill site continues to gush oil at unknown rates. On the low side, NOAA has estimated 210,000 gallons per day, but after looking at the Enterprise ROV camera video I’m guessing it closer to […]
RichC | May 4, 2010
According to an Associated Press report, the casualties are starting to show up on the Gulf of Mexico. Experts are hesitate to point to the oil spill as the cause of death for every specie, but it is easy to speculate that oil is a contributing factor for many of the fish and birds. Sea […]
RichC | May 2, 2010
Since I follow, and have posted, the rowing and progress of Roz Savage, I thought I would post her recent Tedprize MissionBlue TED Talk (Wikipedia info). Although I don’t see eye to eye with her robust embrace of the‘green political’ bureaucracy, I do recognize the impact we humans have on oceans and the marine environment. […]