---
title: "Precious Oil"
url: https://independentstockanalysis.com/precious-oil/
description: "Lamphier: Direct threat to Canadian economy posed by U.S. shale oil production at the Edmonton Journal . The Bakken profiled at National Geographic…"
published: 2013-02-19
updated: 2013-02-19
---

# Precious Oil

Published 2013-02-19

Posted on

by

J.J. Butler

Lamphier: Direct threat to Canadian economy posed by U.S. shale oil production at the [Edmonton Journal](http://www.edmontonjournal.com/business/Lamphier+Direct+threat+Canadian+economy/7973383/story.html). The Bakken profiled at [National Geographic](http://ngm.nationalgeographic.com/2013/03/bakken-shale-oil/dobb-text).

Chevron: The World’s Biggest Gusher at [Forbes](http://www.forbes.com/sites/christopherhelman/2013/02/13/chevron-the-worlds-biggest-gusher/).

Oil Services And Equipment ETFs Pump Out New Highs at [IBD](http://news.investors.com/investing-etfs/021413-644541-oil-services-equipment-etfs-hit-new-highs.htm). Loews owns half of Diamond Offshore (DO)…

Short-Term Energy Outlook by the [EIA](http://www.cmegroup.com/education/files/eia-short-term-energy-outlook-2013-02-13.pdf).

Natural gas remains in trouble: [Kyle Cooper](http://www.rbnenergy.com/regular-features/kyle-cooper).

16th Annual Whistler Institutional Investor Conference [Webcast](https://webcasts.welcome2theshow.com/cibc2013whistler) (Easy registration required).

With the world watching, Bernanke gives a go-ahead to the currency war at [Sober Look](http://soberlook.com/2013/02/with-world-watching-bernanke-gives-go.html).

Jim Rickards: Currency War 3 Has Just Begun ([Financial Sense](http://www.financialsense.com/node/10533)).

Regardless, “the end of US dollar hegemony does not appear to be one of them right now.” ([Market Anthropology](http://www.marketanthropology.com/2013/02/a-few-thoughts-on-silver-gold-us.html))

Flirting with Precious Danger by [Chess](http://ibankcoin.com/chessnwine/2013/02/17/flirting-with-precious-danger/): “The other main issue to address is whether the metals are not, in fact, close to a good low. In other words, the spring 2011 parabolic move higher in silver may very well have been the climactic moment of the secular bull run for both precious metals. For now, that argument is still a work in progress. But a downside breach of the $148 level on **GLD** and the $26 level on**SLV** would certainly force us to consider the thesis much more seriously.”

Friday’s selloff worsen’s the chart:

Links for 02-19-2013 at [Economist’s View](http://economistsview.typepad.com/economistsview/2013/02/links-for-02-19-2013.html).