Streetwise Articles
Arab OPEC Ministers to Meet as Oil Price Tops $91
Source: Reuters (12/23/10)
"OPEC elected to make no change to output policy. . ."
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Geothermal Projects Share £1.1M Prize
Source: Business Green (12/22/10)
"Funding will help assess the viability of a number of sites."
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Water Consumption: Nat Gas Greener Than Coal
Source: Americans for Energy Leadership, Emily Grubert (12/22/10)
"Natural gas doesn't get a totally free pass. . ."
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MSHA Proposes Expanding Range of Coal Mine Exams
Source: Associated Press, Lawrence Messina (12/22/10)
"New rules would require inspections for violations of health or safety standards."
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DOE Offers $50M to Test New Solar Technologies
Source: Clean Energy Authority, Chris Meehan (12/22/10)
"The funding will make utility-scale solar projects possible."
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Outsmarting the Wind
Source: National Science Foundation (12/22/10)
"Meteorological equipment could boost wind power efficiency."
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Alka Singh: Uranium Is Still a Growth Industry
Source: George Mack and Karen Roche of The Energy Report (12/21/10)
Though just a year ago the uranium sector was considered stalled and possibly moribund, Rodman & Renshaw Senior Analyst Alka Singh finds undervalued stocks for her clientele that includes both small and large institutional investors. In this exclusive interview with The Energy Report, Alka generously shares some names for growth that investors might consider to take advantage of burgeoning energy demand that will surely include nuclear power plants all over the world.
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Crude Little Changed Near $89
Source: RTT News (12/21/10)
"The price of crude oil was flat Tuesday morning with unusually cold weather across Europe placing a floor."
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Uranium Prices Advance 20% on Limited Spot Supplies
Source: Bloomberg, Jason Scott (12/21/10)
"Some market participants expect spot demand to increase during January."
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Huge Hydro Plant Starts Operation in Vietnam
Source: Yahoo! News (12/20/10)
"Plant to help ease an electricity shortage in fast-growing Vietnam."
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Ethanol in Gasoline Bad for Power Equipment, Critics Say
Source: The Washington Post (12/20/10)
"A push to add more ethanol to fuel has opened a barrel of worms."
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Nigeria to Generate 200 Megawatts from Wind Energy
Source: The Nation, Gbenga Omokhunu (12/20/10)
"Apart from the wind farm in Katsina, additional wind turbines are expected to generate 180 megawatts."
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Chinese Endure Power Shortages as Coal Runs Short
Source: Associated Press (12/20/10)
"Winter coal supplies fall short of surging energy requirements."
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Where Does the Next Cardium Oil Opportunity Lie?
Source: Keith Schaefer, Oil & Gas Investments Bulletin (12/17/10)
"In 2011, the Cardium will separate the haves from the have-nots."
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Reveille for the American Nuclear Industry
Source: Jeb Handwerger, Gold Stock Trades (12/17/10)
"Governments and institutional investors are scrambling for control of uranium assets."
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Steve Palmer: Go Long on Oil Equities
Source: Brian Sylvester of The Energy Report (12/16/10)
AlphaNorth Asset Management President and CEO Steve Palmer believes further economic growth in China and the ongoing economic recovery in the U.S. will send oil prices over $100 a barrel in the first half of 2011. But he picks his oil equities knowing the oil price will play only a small role in determining any share-price appreciation. For him, it's about getting in early on companies with reasonable prospects for massive gains. In this exclusive interview with The Energy Report, Steve shares three of his favorite oily names with outsized potential.
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EIA: Oil Price to Average Nominal $200 by 2035
Source: Automated Trader, Brai Odion-Esene (12/16/10)
"Oil prices to rise slowly as global economy recovers and demand grows."
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OPEC's Oil Conundrum
Source: The Wall Street Journal, Benoit Faucon (12/16/10)
"Are OPEC's complaints of not benefiting from high prices just crocodile tears?"
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Crude Oil Pares Losses; Nat Gas Falls Further
Source: MarketWatch, Laura Mandaro and Steve Gelsi (12/16/10)
"Crude oil futures pare losses on strong mid-Atlantic manufacturing report"
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Russia to Retrieve Control of Uranium
Source: Pravda, Anatoly Miranov (12/16/10)
"Russia's been trying to get back to Mongolian uranium mines since 2007."
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Ghana Oil Begins Pumping
Source: BBC (12/15/10)
"The West African nation has begun to pump its first commercial oil."
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Senate Approves Key Renewable-Energy Tax Incentives
Source: Dow Jones Newswires, Cassandra Sweet (12/15/10)
"The $858 billion bill moves next to the House of Representatives."
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U.S. DOE Picks Five Critical REEs
Source: Resource Investor, Philip Burgert (12/15/10)
"Risk of supply disruption plagues several energy technologies."
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Justice Dept. Sues Companies over Gulf Spill
Source: USA Today (12/15/10)
"The lawsuit asks that the companies be held liable without limitation under the Oil Pollution Act."
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Canada Oil Sands Regulation Deficient
Source: Reuters, Jeffrey Jones (12/15/10)
"Land reclamation is not keeping pace with development."
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