For the past 5 years, the Canadian stock market has been sky rocketing for many reasons. We saw Canadian banks making more profit than ever and we also had several income trusts providing a great income solution until it was brutally stopped by the Conservative Party. But the major reason why the Canadian stock market jumped so high is linked to the price of resources. The Global economy was booming and was leaded by
Therefore, natural resources, especially energy resources, have been in high demand.
What is New Fuel Now?
I think that NewFuelNow.com was created based on this premise. It is a financial website offering information on energy stocks. They made a great break down of all the energy sources (even ones that I didn’t know it exists!).
The website also includes recent news about energy, articles on a specific topic (written by the website owner or contributors?), a huge glossary of energy terms and sections about the most known energy sources (petroleum, coal, natural gas)
What makes you want to visit this site?
If you are interested in energy stocks of if you want to follow this industry closer, you should definitely add New Fuel Now to your bookmarks!
You can find an awful lot of information about different type of energy and they were able to list an important number of stocks in each category. For example, if you think that Uranium is the next big thing, you can go under this section and look at all the stocks (in alphabetical order) that are related to this resource. They listed trading information (chart, high, low, variation, etc.) on every stock in their website.
Are the resources really helpful?
While the glossary and categories are well organized. I was hoping to get more info on each company. The information on each resource is well written, complete and interesting. It will definitely help you out understand the impact of each of them on our economy and the potential role they may play in the future.
I appreciated the commentaries as each article is going deep into a specific topic. While posts may seem a bit long sometimes, I can appreciate that you can’t just say “the price of oil will go down” and write 200 words on it. The energy sector is quite complex and requires time from the readers.
Can improvements be done?
I think the design is neat and make the surfing easy to do. If you don’t want to bother going on the site everyday for news, you also have the possibility of subscribing to their mailing list which is another great idea.
I noticed that there was a lag of a few seconds when you are pulling out the stocks chart on each energy category. It’s not a big deal but it would surely smoother the transition from one page to another if the charts could appear right away.
I think the next step for them would be to add a more detailed description of each company. While it would be a long process, it would definitely be a good thing to have. They could also decide to open a forum about the energy stock market. Creating a community would increase their website popularity and would encourage new ideas to emerge.
Disclaimer: This was an honest but paid review. We did it because we think it is a great financial resource on the Web and our opinion has not been biased. We are now offering to review your website for a highly competitive price. If you wish The Financial Blogger to review your website, please feel free to contact us at thefinancialblogger (at) gmail (dot) com or visit our advertise section.
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