March 20, 2012

NEW OPPORTUNITY IN HERO

New subscribers — an opportunity to scale in a buy in HERO is now at hand.

HERO provides shallow water drilling and marine services for oil and gas exploration.

HERO announced the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore Drilling (DO). The purchase price is $40 million in cash. Ocean Columbia is a LeTourneau Class 82 SD-C self-elevating drilling rig registered and flagged in the Marshall Islands. Subject to customary closing conditions, the company expects the acquisition to close in May. Hercules Offshore also announced that it has entered into a three-year drilling contract with Saudi Aramco for the use of the Ocean Columbia.… Please click here or the title below to read more.

March 20, 2012

SAUDI KING DEFIES IRAN’S MULLAHS TO HELP OBAMA

It is no secret that President Obama’s reelection hinges in part on gas prices in the United States. Republicans have made a point of emphasizing that Obama’s energy policy is part of the reason behind high gas prices. Republicans often cite the president’s decision not to allow the Keystone XL pipeline as evidence to support their argument.

Now Saudi Arabia is coming to Barack Obama’s aid. The Saudi Council of Ministers, the cabinet, has declared that it wants to return oil prices to fair levels. Saudi Arabia has been emphasizing that it would like oil prices to return to $100.

There have been reports that the Saudis have been hiring a number of super tankers. … Please click here or the title below to read more.

March 20, 2012

SIRI, IS THIS FRANK FAZIO APPLE LAWSUIT FOR REAL?

Frank M. Fazio thinks that Siri is so bad that he has not only sued Apple(AAPL), he wants the suit to be a class action.

The complaint, filed in the U.S. District Court of Northern California, states that the iPhone 4 S Siri feature does not perform as advertised.

The complaint states, “Notwithstanding Apple’s extensive multi-million dollar advertising campaign showcasing the Siri feature and the fact that the iPhone 4 S is more expensive than the iPhone 4, the iPhone 4 S’s Siri feature does not perform as advertised, rendering the iPhone 4 S merely a more expensive iPhone 4.”… Please click here or the title below to read more.

March 20, 2012