Streetwise Articles
Global Energy Sector Mixed
Source: UPI (8/24/09)
". . .the energy market remains 'extremely volatile.'"
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Coal Rally Ending as China Shuns Imports, Opens Mines
Source: Bloomberg (8/24/09)
"China's purchases will plunge 33% between June 30 and Dec. 31. . ."
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Is the Next Oil Rally in Sight?
Source: Energy & Capital, Keith Kohl (8/24/09)
"If you've been expecting oil prices to plummet below $50 per barrel, you're probably going to be waiting around for quite a while."
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Oil Will Hit $150 Again
Source: Petroleum News (8/23/09)
"Hoping for higher oil prices? Be careful what you wish for."
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Alternative Energy Powerhouse Brazil Finds Big Oil
Source: Associated Press, Bradley Brooks (8/23/09)
". . .the biggest Western Hemisphere oil discovery in 30 years—has Brazilians saying, "Drill, baby, drill. . ."
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CFTC Makes Further Term Changes with ICE Futures Europe
Source: Oil & Gas Journal, Nick Snow (8/21/09)
"The conditions will apply to any ICE Futures Europe contracts currently linked to a CFTC-regulated exchange contract. . ."
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EIA Gives Crude Oil a Shot in the Arm
Source: Seeking Alpha, John Dalt (8/20/09)
"We have lost profits by stepping out of the oil trade for the past two weeks. I hate that. . ."
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Carmel Daniele: This Fantastic Crisis
Source: The Energy Report (8/20/09)
In 2007, Carmel Daniele claimed the current commodities super-cycle would last another 20 years. But given the economic implosion since that time, could it still be true? "Absolutely," says Daniele, founder, CEO and CIO of CD Capital, in this exclusive interview with The Energy Report. "The crisis that occurred last year after Lehman's collapse just interrupted the cycle," she explains, adding that it "is actually going to seal the next stage of the super-cycle. . .it will make it stronger and last even longer."
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Oil & Gas, Technically Speaking
Source: Chris Vermeulen, TheGoldAndOilGuy.com (8/19/09)
Commodities continue to trade at their pivot points while the pressure rises!
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Obama's Electrification of America
Source: Richard (Rick) Mills, AheadOfTheHerd.com (8/19/09)
America's future energy course is being charted today because of the ramifications of peak oil, because cars pollute too much, because of global warming, because America wishes to end her dependence on foreign supplied energy and to be blunt. . .Americans need jobs.
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Coal Body Fumes on ETS Compo, but Green's the New Black
Source: The Australian, Jennifer Hewett (8/18/09)
"It's not easy being regarded as the blackest of black villains when the political and social mood is so resolutely green."
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Huge Gas Deal Warms China–Australia Ties
Source: Reuters, David Stanway (8/18/09)
"Australia's rich resources and China's soaring demand has driven the two countries closer."
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Smaller Players Sustaining Europe's Maturing Offshore
Source: Penn Energy, John Westwood (8/18/09)
"Declining production and high costs have forced the original developers, the oil majors, into other regions."
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China Moves on Rare Earths a Threat to Global Supplies
Source: Mineweb, Lawrence Williams (8/18/09)
"China has been fighting hard to maintain its virtual rare earths global production monopoly. . ."
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Traffic Jam on the High Seas
Source: Seeking Alpha, Paul Kedrosky (8/18/09)
"While crude sea storage has declined from its peak earlier this year, clean products are floating out there in ever larger amounts."
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Why I'm Long Uranium and Nuclear/Power Engineering
Source: Seeking Alpha, Daniel Moser (8/17/09)
"No global warming policy should be taken seriously unless it includes significant outlays for nuclear energy."
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Policy Requires Proven Grand Canyon Mine Claims
Source: Associated Press, Felicia Fonseca (8/14/09)
". . .fundamental change in how the U.S. Forest Service does business with mining companies."
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Investors Pile into Lithium Producers
Source: Financial Post, Peter Koven (8/14/09)
"The real inflection point is that an automobile needs about 3,000 times as much lithium as a cell phone."
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Report: Nuclear Power Interest Grows
Source: UPI (8/14/09)
"The IAEA said expansion prospects continue to be centered in Asia, especially China and India."
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Strong GDP Data in Europe Lift Oil Price Further
Source: Oil N' Gold (8/13/09)
"After Fed's comments, strong GDP data from the Eurozone fueled optimism for economic growth and improved oil demand."
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BC Oil and Gas Infrastructure Projects
Source: Rig Market (8/13/09)
"The program provides oil and gas companies with royalty deductions in exchange for industry investment in road and pipeline infrastructure."
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Dark Skies Ahead for Solar Sector
Source: Seeking Alpha, Eric Savitz (8/13/09)
". . .the supply/demand outlook is deteriorating, rather than improving."
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U.S. Court Halts Plan to Rein in Mountaintop Mining
Source: Reuters (8/13/09)
"Bush-era law making it easier to dump mountaintop debris into valley streams to remain in place."
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Do Lawmakers Really Understand the Energy Markets?
Source: Seeking Alpha, Hard Assets Investor (8/13/09)
"Directly comparing today's oil price to supply over the longer term. . .ignores the effects of inflation."
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Australian Parliament Rejects Carbon Trade Plan
Source: The New York Times (8/13/09)
"But the government renewed its pledge to push through the scheme before a December U.N. meeting in Copenhagen. . ."
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