A picture of the name nicholas house and co.

How to Extend the Pipeline

The global oil landscape is changing very quickly. In the 80’s there existed an organization that could send fear into the minds of investors and world leaders: OPEC, the Organization of Petroleum Exporting Countries (focus on the exporting part). OPEC members were composed of the world’s largest oil producing exporters including Venezuela, Libya, Saudi Arabia, Iran and Iraq. This group had the ability to turn the oil spigot on and off with ease, wreaking potential havoc in world markets and economies. But we don’t live in the eighties anymore and today’s headlines show just how irrelevant this group has become. With the world’s global supply of oil increasing due to new drilling techniques we find ourselves facing the emergence of a new oil exporter, the United States.

Download the full text plus the market performance summary.

Recent Posts

Our Most Precious Asset

January 6, 2025

The First Job: Lessons Beyond the Paycheck

December 30, 2024

Wishing You Joy This Holiday Season!

December 23, 2024

The Other Buffett Letter

December 16, 2024

The Story of Bauer

December 9, 2024

Going Green(land)

December 2, 2024

Eureka!

November 25, 2024

Power Surge

November 18, 2024

Categories