Streetwise Articles
5 Reasons Natural Gas Is Poised to Bounce Back
Source: Seeking Alpha, Andrew Mickey (3/30/09)
". . .every time the price of natural gas drops. . .I get even more interested."
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Has Oil Topped in the Near Term? Perhaps.
Source: Seeking Alpha, Raymond Micaletti (3/26/09)
". . . crude has been trading like a ball being pushed underwater."
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Michael Hall: Natural Gas - A Victim of Its Own Success
Source: The Energy Report (3/26/09)
Where's the price of oil and gas going? The volatility in the today's market is unprecedented for commodities, which Michael Hall, lead publishing analyst at Stifel Nicolaus Research Team, believes will elicit a big spike in price. In this exclusive interview with the Energy Report, Michael sifts through theories and trends in the hyper-cyclical oil and gas business and discusses future implications of declining rig counts and what that means to domestic energy.
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Cold Fusion a Possible Source of Power?
Source: Nuclear Engineering International (3/25/09)
"Once called "cold fusion" this process may promise a new source of energy."
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U.S. Bill Boosts Policing of Natgas, Power Markets
Source: Reuters, Tom Doggett (3/25/09)
"It will allow FERC to act more like a cop catching a robber in progress, instead of trying to piece together what happened at a crime scene after the fact."
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EPA Delays Hundreds of Mountaintop Mining Permits
Source: Associated Press, Dina Cappiello (3/25/09)
"The EPA action stunned the coal industry. . ."
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Consortium Selected for UK National Nuclear Laboratory
Source: World Nuclear News (3/24/09)
"A consortium. . .has been selected as the Recommended Bidder to run the UK's National Nuclear Laboratory. . ."
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Oil Defies Bearish Sentiment: Will Natural Gas Follow?
Source: Seeking Alpha, Sean Maher (3/24/09)
"While it's hard to see oil prices doubling in the next year. . .it's quite feasible for U.S. gas from these levels."
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Australian Coal May Face $3.5 Billion in Carbon Costs
Source: Bloomberg, Angela Macdonald-Smith (3/24/09)
"The impact is going to be closure of some mines, shortening of mine lives, reduced investment and further job losses."
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U.S. May Need More Foreign Oil as Drilling Falls
Source: Reuters, Joshua Schneyer (3/24/09)
"I'd expect a sharp decline in U.S.-produced oil and gas a year or two from now."
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Uranium: Out of Africa
Source: Uranium Investing News, Melissa Pistilli (3/24/09)
"Uranium mining and production is now on the rise in African nations such as Namibia (7% in 2007), Niger (8%) and South Africa (1%)."
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Uranium Mining a Hot Issue - Again
Source: Times Colonist, Paul Willcocks (3/23/09)
"Uranium mining brings a classic clash of B.C. values. . ."
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OPEC Leaders Foresee Oil Price Surging Again
Source: AllAfrica.com (3/23/09)
". . .disappearance of credit lines and a $100 collapse in the oil price. . .resulted in a 12% drop in energy infrastructure investment worldwide."
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Energy Chief Doles $1.2 Billion in Stimulus Cash
Source: Associated Press, Frank Eltman (3/23/09)
"The department will use $277 million to help establish Energy Frontier Research Centers. . .to advance research into alternative energy sources."
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2009 Uranium Conference Highlights
Source: Uranium Investing News, Melissa Pistilli (3/19/09)
". . .the financial crisis has spawned a shakedown in the uranium mining industry and many of the sector's companies are already 'walking dead.'"
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OPEC Seminar Speakers Call for Continued Investment
Source: Oil & Gas Journal, Uchenna Izundu (3/19/09)
"There is no other viable source of energy now to take the burden of oil and gas."
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Malone Mitchell: Energy and Opportunity Overseas
Source: The Energy Report (3/19/09)
With more than 25 years in the business, Malone Mitchell, chairman of TransAtlantic Petroleum Corp., has not only endured but also prospered through seven downturns, turning assets he bought in the 1998 down cycle into billions. In this exclusive interview with The Energy Report, he discusses the business service modifications that enabled TransAtlantic to corner some select foreign markets, likens operating in Morocco and Turkey to operating in Texas, defines what he calls a 'friendly hostile bid' and explains why he's been waiting 23 years for this situation.
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Marshall Adkins: Natural Gas: Weakness Borne of Strength
Source: The Energy Report (3/18/09)
Ironically, terrific strides in productivity are making life miserable and the outlook bleak for the U.S. natural gas industry. Dazzling technological advances coupled with exponential production increases in shale wells have flooded the U.S. with an over-supply of natural gas at the same time that economic woes are driving consumer and industrial demand into the ground. Too much of a good thing does not make a pretty picture. In fact, J. Marshall Adkins, who leads the energy research team at Raymond James, thinks it's pretty ugly. On a more positive note, he tells The Energy Report readers that oil fundamentals remain strong and his firm is as bullish as it can be on oil's long-term future.
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Bullish Picture for Energy Once Economy Picks Up
Source: Seeking Alpha, Stephen Schork (3/17/09)
"Placing a chokehold on U.S. domestic energy suppliers will only increase the import of foreign energy."
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Weapons Plutonium: A Tough Sell as Reactor Fuel
Source: The New York Times, Matthew L. Wald (3/17/09)
"Taxpayers are pouring hundreds of millions of dollars a year into a facility that may never be used."
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South Australia Will Expand Its Key Global Uranium Supply Role
Source: Mineweb, Ross Louthean (3/16/09)
"It is estimated that the global nuclear industry today needs about 181 million pounds of uranium a year to supply reactor feed requirements."
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India Gas Field to Double Supply, Open New Energy Era
Source: Reuters, Himangshu Watts (3/16/09)
"The gas will be sold at more than twice the price fixed by government for sales from fields of state firms. . ."
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Energy Prices Dip as OPEC Takes No Action
Source: Oil & Gas Journal, Sam Fletcher (3/16/09)
"OPEC members said their production reductions so far have contributed to balancing the price of oil above $40/bbl."
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Fossil Fuel Vital for Decades: Saudi Oil Minister
Source: Reuters (3/16/09)
"While the days of easy oil may be over, the days of oil as a primary fuel source for the people of the world are far from over ."
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Iran-China Signs Gas Deal
Source: The Media Line (3/16/09)
"Some 14% of China's gas is imported from Iran."
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