Pages

Thursday, April 7, 2011

Motley Fool, The President's Energy Program, and How The Bakken Fits In

MotleyFool.com has another superficial article with regard to energy, but its headline caught my eye:
Perspective on Obama's Energy Program
I was not aware that President Obama had an energy program. I know he made an energy security speech and that he wants utilities using coal to go bankrupt, and he is against off-shore drilling, but being against "stuff" is not a program. He does have a wind energy program, but I don't consider that an energy program.

Having said that, I was quite surprised to see two Bakken-based companies highlighted by MotleyFool alongside a behemoth like ExxonMobil in that article.

The two Bakken-based companies that were highlighted: Kodiak Oil and Gas and Continental Resources. There is a huge difference between KOG and CLR compared to XOM, and there's even a huge difference between KOG and CLR.

In addition, the article mentioned Denbury, a player getting bigger in the Bakken, and Linn Energy, a relatively new entrant into the North Dakota Bakken.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.