Streetwise Articles
Energy Speculation vs. Hedging
Source: Seeking Alpha, Walter Kurtz (8/5/09)
". . .where is the evidence that "speculators" control energy prices?"
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Glut of Solar Deals Shine Light on Clean Tech Investment Recovery
Source: Business Green, Cath Everett (8/5/09)
". . .expected growth to resume within a year or less. . ."
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Crude Futures Move Above $71 Ahead of Supply Data
Source: MarketWatch, Polya Lesova (8/5/09)
"There is a tug of war between the fundamental traders which clearly shows weak demand and continue rising inventories. . ."
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Oil and Molybdenum Poised for Future Gains
Source: Resource Investor, iStockAnalyst (8/4/09)
"I think [oil] will go higher and will drag the price of most commodities higher in its wake."
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The Big Bounce in Oil & Natural Gas
Source: Chris Vermeulen, TheGoldAndOilGuy.com (8/4/09)
Last week we saw commodities sell down then put in solid bounce, which allowed us to generate new pivot lows for drawing support trend lines. This is the exact type of price action I have been waiting for. Natural Gas did nothing special but crude oil put in a very strong bounce and is now trading at a double resistance level which is explained later in the report.
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Natural Gas Conversions Could Cost a Couple Hundred
Source: Reuters, Susan Kraemer (8/1/09)
"CNG conversion costs are only high because of an old EPA licensing requirement."
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DOE Makes $30B Available to Jumpstart 'Smart Grid' Projects
Source: The New York Times, Katherine Ling (7/30/09)
"The Department has streamlined its processes to accelerate these new loan solicitations."
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Oil, Gasoline Surge as Corporate Earnings Boost Confidence
Source: Bloomberg, Mark Shenk (7/30/09)
"The fundamentals of the oil market are still poor, but investors are looking to the future."
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Ryaz Shariff Remains Bullish on Commodities
Source: The Energy Report (7/30/09)
Primevest Capital Corp. President Ryaz Shariff reaffirms his long-held status as a commodity bull in this exclusive interview with The Energy Report, telling us to expect significant upticks in the markets once demand resumes. Having shifted somewhat from the mining sector last year, he also talks about some of the energy plays he likes these days—from natural gas in India to oil in South America to uranium in East Africa.
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New Nuclear Mine in Utah Nears Production
Source: World Nuclear News (7/29/09)
"The Daneros mine is expected to produce some 500,000 pounds U3O8 (227 tons U3O8) per year."
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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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