Streetwise Articles
Rick Rule: Caution, Extreme Volatility Ahead
Source: The Energy Report (12/7/10)
Always well ahead of the pack, legendary investor Rick Rule presages major volatility in the energy markets. "I can guarantee this," he says, "over the next two years, we're going to experience unbelievable volatility." In this Energy Report transcript from his Dec. 3 webcast, Rick dissects the gamut of energies—from fossil to alternative—revealing an interesting paradox that is a "game-changer" for uranium, why he calls alternative energy "the alter ego of rare earths" and an international wild card in oil. Christmas comes early for knowledge-hungry investors, as Rick's altruistic counsel presents nothing short of a gift. To find out how to profit from the coming turbulence, read on.
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Death of the Uranium Bear
Source: George Rolleston, Midas Letter (12/7/10)
"We have the catalyst for resurrection of the uranium markets. . ."
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Oil Prices Hit $90 Milestone
Source: Associated Press, Chris Kahn (12/7/10)
"Prices crossed the $90 mark as President Obama extended Bush-era tax cuts."
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Global Warming Case Goes to High Court
Source: The Wall Street Journal, Brent Kendall (12/6/10)
"The plaintiffs argued the utility companies are a public nuisance."
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Turkmenistan Seeks Separate Rates for Natural Gas
Source: The Economic Times, Rajeev Jayaswal (12/6/10)
"Turkmenistan proposes charging different prices to supply natural gas."
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Giant Oil Sands Shipments Stall on Opposition
Source: The Oregonian, Richard Read (12/6/10)
"Environmentalists seize chance to rally opposition to Alberta's oil sands"
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What Resource Curse?
Source: Foreign Policy, Charles Kenny (12/6/10)
"The resource curse must have been enchanted by a pretty feeble witch."
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Iran Claims Advance with Domestic Uranium
Source: The New York Times, William Broad (12/6/10)
"Iran has become self-sufficient in the entire fuel cycle."
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America's Largest PV Power Plant Is Now Live
Source: Renewable Energy World (12/6/10)
"This moves the U.S. into the top-five in large PV power plants."
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Senate Bill Aims to Improve Geothermal Leasing
Source: Sustainable Business (12/6/10)
"Bill seeks to develop geothermal resources, create new jobs, revenue."
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Time to Invest in Lithium?
Source: Seeking Alpha, Branson Hamilton (12/6/10)
"Recent evidence suggests lithium supplies are tightening. . ."
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Keith Schaefer: Pushing the Boundaries
Source: Brian Sylvester of The Energy Report (12/2/10)
Junior oil and gas companies are snatching up land surrounding the Bakken formation, pushing its boundaries further and further into Canada and the U.S. In this exclusive interview, Keith Schaefer, publisher of the Oil and Gas Investment Bulletin, tells The Energy Report which companies have the property and technology to profit from this ever-expanding frontier.
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Crude Up on Hopes for Economy; Brent Tops $90/bbl
Source: The Wall Street Journal (12/2/10)
"Oil prices gained momentum from rising equities markets and improving economic data."
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Global Mine Exploration Budgets Up
Source: Reuters, Euan Rocha and Peter Galloway (12/2/10)
"Mining exploration budgets increased by more than 40% in 2010."
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Shale Drilling Drives Growth in U.S. Natural Gas Reserves
Source: The City Wire (12/2/10)
"U.S. nat gas proved reserves jumped to highest level in nearly 40 years in 2009."
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Competition Hits Potash Market
Source: Resource Investing News, Leia Michele Toovey (12/2/10)
"Over the next few years, potash demand is expected to increase in the range of 3 to 5% per annum."
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Illinois House Votes to Back Clean-Coal project
Source: Bloomberg (12/2/10)
"The $3.5 billion Taylorville Energy Center was originally rejected Tuesday, but supporters brought it back for a second vote."
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Growing Wind Power Sector Creates Illinois Jobs
Source: Examiner, Weston Sedgwick (12/2/10)
"Illinois is currently home to 25 wind farms generating more than 1,800 megawatts of power each year."
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Uranium ETF Provides Nuclear Energy Play
Source: International Business Times, Palash Ghosh (12/2/10)
"Growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate."
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U.S. Oil Spill Panel Urges Increased Safety Steps
Source: Reuters, Ayesha Rascoe (12/2/10)
"For credibility, this group can't lobby
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Chu: Focus Needed on Alternative Energy
Source: CNBC (12/2/10)
"Secretary Steven Chu tacitly approves latest offshore drilling ban."
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The New Yellow Metal in Town
Source: Jeb Handwerger, Gold Stock Trades (12/1/10)
"Uranium price hits two-year high."
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Alabama, Georgia Listed Among Top Solar States
Source: Sustainable Business (12/1/10)
"Study highlights need to address states' abilities to generate energy for themselves, other states."
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NRC Approves Uranium License Transfer in Wyoming
Source: Associated Press, Mead Gruver (12/1/10)
"Two Wyoming uranium mines are on their way to Russian control."
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Adrian Day: Long on Gas, Longer on Oil
Source: Karen Roche and Brian Sylvester of The Energy Report (11/30/10)
Even if the pace of China's growth slows dramatically, count on the commodities boom to continue, says Adrian Day Asset Management Chairman and CEO Adrian Day. That bodes well for oil, as China's huge population will at least double per-capita consumption of oil over the next decade—maybe even drive it up fivefold. In this Energy Report exclusive, Adrian discusses Indian and Chinese demand and why he isn't worried long term about natural gas.
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