Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Texas Oil & Gas
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Sept 9 2014 Word Count 767 Too Much of a Good Thing Two weeks ago in this space I was able to state that the price of crude oil was able to hold its uptrend line. Today that is not the case. Crude oil prices are breaking down and are apparently a good deal weaker…
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Monday Oct 13 2014 Bloomberg reports the Russian Ruble is falling with oil prices. Half of all Russia's revenue comes from oil. Oil just dropped 20%. Bingo Russian revenue just dropped 10%. And the dollar is moving up which makes things just that much worse for the ruble. Putin has shunned any pretext of a consumer…
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Weekend Feb 23 2013 The problem with batties of course is that they are forever having to be re charged. Now a new process promises a layered capacitor that can quickly re charge devices. Will this be a game changer? The short video explains all.
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Thursday Sept 1, 2011 The third solar energy company in a month has now declared bankruptcy. I understand that it also takes a great deal of energy to actually manufacture a solar cell, so much that over the life of the cell the net gain in energy saved is questionable. My opinion has always been that…
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Friday August 26, 2011 Alert business students will keep a watchful eye on expanding business opportunities in San Antonio. This spring I suggested a trip to a foreign country – yep, Odessa, Midland. Check out our February 2 post. Of course no one was interested. Well who's laughing now? Now HAL already owns 150 acres, just south…
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Friday Aug 5 2011 $85 Oil Now we have another ominous sell signal. I take these very seriously; everyone in Andrews should do likewise. One on One, Andrews County News, July 28, 2011 That was our lead in comment last week. We went on to postulate a potential scenario of a world-wide meltdown in stock…
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Sat June 11, 2011 Halliburton and Weatherford are coming to town. In my post February 2, 2011 I suggested a tour to a foreign country, the Permian Basin. My reasoning was that oil was back on the map so to speak, this traditional venue of Texas commerce was percolating along again. This suggestion of course…