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Special Report on BP plc, Citigroup Inc., Goldman Sachs, Nalco Holding Co., Halliburton Co., and Domestic All-Star Paradigm Oil and Gas, Inc. (PDGO)(Market Wire Via Acquire Media NewsEdge) LAS VEGAS, NEVADA -- (MARKET WIRE) -- 05/02/10 -- www.EnergyStockAlerts.com is a premier source for microcap and blue chip research and commentary. The scale and carnage of BP's recent oil spill disaster continues to grow on a daily basis. The Wall Street Journal, citing industry experts, on Friday estimated the size of the continuing oil leak at 25,000 barrels a day (up from the U.S. government's Thursday estimate of 5,000 barrels a day). BP shares have fallen 12% since the disaster. The accident has forced President Barack Obama to put on hold politically sensitive plans to expand offshore U.S. oil drilling. In March, President Obama unveiled plans for a limited expansion, in part to try to win Republican support for climate change legislation. The White House announced Saturday morning the President will travel to the gulf coast today to get an update on efforts to contain the massive spill. Yesterday news reports that several banks (including Goldman Sachs, GS and Citigroup, C), recommended buying BP shares. They argue investors are over reacting since the April 20 explosion. Yesterday oil giant BP (BP) released news that it has tested the dispersants (manufactured by Nalco Holding Co. (HAL)), on Friday night and authorized it's use on a larger scale. BP also added, it is looking for additional suppliers to begin manufacturing the material in mass quantities. Investors should note that shares of companies that provided services or operated the sunken Deepwater Horizon drilling rig, including Halliburton (HAL) fell sharply as worries deepened about liability from spill. Oil Prices Expectations in 2010 and 2011 Barclays recently stated oil prices are likely to stay in the range of $80-$90, while other Barclays' analysts state, "If Asian demand can grow at such rapid rates when prices are in the $70 to $80 range, then prices cannot stay in that range for much longer". Considering the Joint Oil Data Initiative (JODI) is quoted as saying Asian demand for oil will increase by more than 2 million barrels per day, what is the logical conclusion? What most people don't realize is the depth of industries and products that rely on oil and gas. Oil is involved in nearly every aspect of manufacturing - from the production of chemicals, plastics and detergents to medicines, building materials and even clothing. Petroleum-based products make up a significant portion of the materials Americans use every day. Why do the wealthiest people in the world invest in oil and gas? It comes down to the basic economics of supply and demand. Energy is in high demand throughout the world. The global economy is growing. And domestic consumption is growing. What does this means for the average American investor? Take a look at microcap companies like Paradigm Oil and Gas, Inc., PDGO. Less than a month ago PDGO was sitting at $0.40 per share. We've watched this domestic diva steadily rise with the release of great news, including their 100% property acquisition with over 10 million barrels of probable reserves. PDGO closed last Friday at $1.29. That's a solid ROI of over 300%! How does the normal investor see a 100% return on oil? In our opinion, it looks like ( PDGO:OTCBB ) is heading there in a hurry. But they are not the only domestic, oil and gas company that is showing some great investment opportunity in the OTCBB energy sector. With more good news expected, PDGO will continue to generate significant investor interest in the company. Our recommendation is to keep PDGO on your radar and watch this week's reactions across the web as the stock continues to move north. Energy Stock Alerts is a BIG opportunity for everyday investors www.EnergyStockAlerts.com, is a premier microcap research firm that gives you the inside scoop on energy companies with amazing potential. At EnergyStockAlerts.com we provide deep, due diligence on companies and track stocks all over the energy market. Our primary focus is to provide investors with winning microcap picks. We provide our subscribers with comprehensive due diligence on little known microcap stocks that look poised for explosive movement. Our free website showcases energy stocks that fly under the radar of the average Wall Street advisor but have tremendous upside potential. EnergyStockAlerts.com Disclosure EnergyStockAlerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. EnergyStockAlerts.com is a wholly owned entity of a public and investor relations firm. Please read our report and visit our website, www.energystockalerts.com, for complete risks and disclosures. Contacts: www.EnergyStockAlerts.com Editor 702-942-3416 [email protected] |