Streetwise Articles
Iraq Struggles To Expand Exports Beyond Oil
Source: Reuters, Missy Ryan and Khalid al-Ansary (9/1/09)
". . .Iraq is working to rebuild itself, and countries at this stage are importing rather than exporting countries. . ."
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U.S. Government Awards Funds for Clean Energy Projects
Source: Energy Current (9/1/09)
". . .the program is expected to provide more than US$3 billion in financial support for clean energy projects. . ."
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Gulf Pursues Green Energy Investments
Source: GulfNews (8/30/09)
"The Gulf states are expected to collectively spend around $70 billion (Dh257 billion) on energy projects this year. . ."
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A Nuclear-Powered World
Source: Richard (Rick) Mills, AheadOfTheHerd (8/28/09)
The electricity needed to succeed in replacing fossil fuels, both for transportation and everyday use, will have to come from nuclear generation. There is simply no other logical alternative.
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Washington Capitulates: Peak Oil Is Real
Source: Doug Hornig, Editor, Casey's Energy Opportunities (8/27/09)
Each year, the EIA publishes a less-than-eagerly-anticipated tome called the International Energy Outlook, 250+ pages of mind-numbing text, charts, graphs and tables. No one reads it. . .But if you're patient enough to dig into it, it will cough up some fascinating nuggets of information.
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Deficits, Dollars, and the Price of Energy
Source: Energy Tribune, Geoffrey Styles (8/27/09)
"The quickest route back to $4 gasoline could run through Washington, DC, rather than Riyadh or Beijing. . ."
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DOE to Invest $28M in Clean Coal Research
Source: CleanTech Brief (8/27/09)
"The projects are expected to create nearly 100 jobs that will last for up to four years."
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Oil Drops Below $70 Amid Slow Demand Recovery
Source: Bloomberg, Margot Habiby (8/27/09)
". . .there's nothing on the fundamental side that would suggest prices would be this high."
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Gissen & Berol: Investing for the New "Long Term"
Source: The Energy Report (8/27/09)
Encompass Fund managers Malcolm Gissen and Marshall Berol sat down with The Energy Report to share their views on energy investing and what they believe are the strongest subsectors in the mix. While bullish on coal and natural gas, both are strong advocates of uranium, citing a "definite supply-demand imbalance." Discover new opportunities for long-term appreciation in this exclusive interview.
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The Rush for Lithium Is Just Beginning
Source: Mineweb, John Chadwick (8/26/09)
"Argentina, Chile and Australia together accounted for about 82% of the total lithium production in 2008."
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Brent Oil Cheapens, the Plot Thickens
Source: Seeking Alpha, Hard Assets Investor (8/26/09)
"Monday's market action kicked the WTI roll back to half of its July peak. . ."
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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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