Streetwise Articles
Wind Power Grows by 33% in First Half
Source: Seeking Alpha, Michael Kanellos (7/29/09)
"The total wind capacity in the U.S. is. . .enough to reduce the carbon output of the utility sector by 2%."
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CFTC Weighing Strict Position Limits on Energy
Source: Bloomberg, Tina Seeley and Asjylyn Loder (7/28/09)
"Changing the regulatory playing field is like a referee changing the rules in the middle of the game."
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Tanzania to Mine Uranium Soon
Source: AfricaNews, Sam Banda, Jr. (7/28/09)
". . .Tanzania has about 53.9 million pounds of uranium oxide deposits."
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China to Subsidize Investment in Solar Energy Production
Source: Economic Observer, Zhou Yuning (7/27/09)
". . .the government will subsidize 50% to 70% of investment in solar power projects."
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Taking a Long-Term View of Energy Investing
Source: InvestmentNews (7/26/09)
"No matter how you drill, mine or harness it, energy isn't getting cheaper."
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Colombia's Energy Sector Investments to Reach $40 Billion Through 2015
Source: Oil & Gas Financial Journal, Peter Howard Wertheim (7/24/09)
". . .$24 billion will be invested through 2015 on new E&P activities."
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The End of Fossil Fuel
Source: Forbes, Chris Nelder (7/24/09)
"By the end of this century, nearly all of the economically recoverable fossil fuels will be gone."
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Brien Lundin: Time's Ripe to Pick Up Leveraged Oil & Gas Companies
Source: The Energy Report (7/23/09)
For the next few years, Jefferson Financial President and CEO Brien Lundin is rather bullish on energy resources. Brien tells Energy Report readers he expects oil to hit or surpass the $100 mark, gives natural gas a "very good shot of at least doubling" and believes the rare earths elements sector is here to stay.
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Is Natural Gas Cheap?
Source: David Galland, Casey Research (7/22/09)
At the height of its late 2005 rally, natural gas in the U.S. was selling for just over $16/MMBtu, 350% higher than today’s price of $3.56. The oil/gas ratio, now over 18, is an all-time high… suggesting that natural gas is dirt cheap. So, it’s a buy, right?...
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Summer Gas Prices
Source: Forbes, Alexandra Zendrian (7/21/09)
"Last year's epic oil prices of more than $4 should have pushed people toward natural gas."
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What Will it Take for Geothermal to be Cheaper than Coal
Source: EcoGeek, Hank Green (7/21/09)
"There's a sense in the energy industry that geothermal. . .[is] never going to be practical on a large scale."
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Ukraine Tells Biden It Wants U.S. Investment for Gas Pipeline
Source: Associated Press, Maria Danilova (7/21/09)
". . . as many investors as possible, including U.S. investors. . ."
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3 Ways to Play the Natural Gas Rebound
Source: Keith Kohl, Energy and Capital (7/20/09)
There hasn't been much cheer in natural gas lately. In fact, I distinctly remember the warning a friend gave me several weeks back: "Natural gas? Avoid it like the plague." That's probably the worst bit of advice I've ever been given, but I'll get to that in a minute.
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Oil Shares at Deepest Discount Signal Recession's End
Source: Bloomberg, Rita Nazareth and Michael Tsang (7/20/09)
"Energy will be one of the industries that lead us out."
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More Bullish Outlooks for Oil
Source: Frank Holmes, Frank Talk (7/16/09)
There hasn't been much cheer in natural gas lately. In fact, I distinctly remember the warning a friend gave me several weeks back: "Natural gas? Avoid it like the plague." That's probably the worst bit of advice I've ever been given, but I'll get to that in a minute.
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Driving Uranium in Future Energy Mix
Source: Australian Journal of Mining (7/16/09)
"Nuclear power remains the least price sensitive of baseload fuels for global power generation."
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Asian Nations Could Outpace U.S. in Developing Clean Energy
Source: The Washington Post, Steven Mufson (7/16/09)
"If the Waxman-Markey climate bill is the United States' entry into the clean energy race, we'll be left in the dust by Asia's clean-tech tigers."
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Art Smith Believes in the Long-Term Bull Case for Oil
Source: The Energy Report (7/16/09)
The outlook for oil seems to be brightening amid scant new reserve discoveries and declining reserves at the world's large oil fields. "We believe we're in a fundamentally positive market for oil in the 21st century," says Art Smith, president of Triple Double Advisors, who anticipates oil moving back into the three-digit price range within three to five years. In this exclusive interview with The Energy Report, the 35-year veteran of oil analysis shares his knowledge of energy markets and reveals some of his own investment strategies.
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Falling Diesel Demand to Weigh on Transport Index?
Source: Seeking Alpha, Brian Kelly (7/15/09)
". . .shipments have continued to decline while new orders have increased."
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Why Crude Will Reach $100 / Barrel
Source: Seeking Alpha, Ivan Kitov (7/15/09)
". . .the price has been following a predetermined trajectory, as it has been demonstrating since 1980."
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Australia's Uranium Future
Source: Uranium Investing News, Melissa Pistilli (7/15/09)
"A deficit after 2012 is likely. . ."
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The Carbon Cap: The Newest Form of Taxation
Source: Doug Hornig, Casey Research (7/15/09)
It's possible that no concept in history has ever come so far, so fast, and with so little substance behind it, as "global warming." Or, to be precise, anthropogenic global warming (AGW) – the kind caused by us puny humans rather than by that fireball that keeps the planet habitable.
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Currency Clips
Source: Eric Coffin and David Coffin, HRA Journal (7/15/09)
The most notable decline of the past week or so has been in the price of crude oil. As noted by us and most others, oil's gain hadn't been justified by supply-demand concerns. The gains have been a currency trade against the Dollar that ran out of steam with the passing of Q2.
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Oil Crunch Likely After Fall in Oil, Gas Exploration
Source: Reuters, Christopher Johnson (7/14/09)
"It is bound to lead to a supply crunch sometime between 2013 and 2016. . ."
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Pakistan Targets $15 Billion Five-Year Investment in Gas, Oil
Source: Bloomberg (7/13/09)
"We want petroleum companies to invest in our petroleum sector and explore the untapped fields."
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