“How American Fracking Changes the World”

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This is the title of a recent Wall Street Journal article written by Walter Russell Mead.  It is not practical to attempt to summarize Mr. Mead’s comments, but the underlying theme of his position is, “low energy prices enhance U.S. power at the expense of Moscow and Tehran”. We have previously looked at the potential … Continued

Patient Investing

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Patient Investing Sometimes it takes years for a potentially attractive investment opportunity to materialize.  Investors should be aware of the probable time frame involved when making decisions. For example, the development of fracking in the US energy industry resulted in a significant surplus of natural gas and a marked softening of prices.  This gave rise … Continued