Streetwise Articles
Big Oil Races to Become Big Clean
Source: CNBC (1/20/09)
"It's not a choice if we should do renewables. We need all of it."
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The Swift and Violent Rise of Oil
Source: The Daily Reckoning Australia, Dan Denning (1/20/09)
". . .if you judge traders by their actions, you can see the market is setting up for a big oil back draft."
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Spot Price Falls, as Does Exploration Spending
Source: Uranium Investing News, Luke Brocki (1/19/09)
". . .while some spot sellers are starting to give on asking price, others are perfectly happy waiting for the eager buyers they know will eventually come."
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The Future of Coal Looks Promising
Source: Seeking Alpha, Tom Lydon (1/19/09)
". . .every American consumes approximately 4 tons of coal a year."
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Obamasize Your Portfolio
Source: Forbes (1/19/09)
"Obama called for the U.S. to double the production of alternative energy in three years."
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Pakistan Seeks U.S. Investment in Oil and Gas Sector
Source: Associated Press of Pakistan (1/15/09)
"[Pakistan's] government has announced enormous incentives and packages in the new petroleum policy for foreign investors."
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Three Items That Will Signal a Crude Recovery
Source: Seeking Alpha, Nick Abe (1/15/09)
"Thawing credit markets, increased demand and decreased supply could spark a recovery in crude."
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Oil Price Lower on Inventory, But It Can't Go Much Lower
Source: Seeking Alpha, Robert Weinstein (1/15/09)
". . .the fact remains that in most parts of the world, oil consumption is going higher."
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2008—A Split Year for Clean Energy Investment
Source: SustainableBusiness.com (1/15/09)
"President-elect Obama has committed to doubling US renewable energy capacity within three years."
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James Passin Sees Solutions That May Fuel Nuclear Renaissance
Source: The Energy Report (1/15/09)
Commenting on what he views as an inevitable hike in commodity prices—and an equally inevitable shift into inflation—James Passin considers a nuclear renaissance a sure bet too. In this exclusive interview with The Energy Report, Passin, the co-founder and portfolio manager of Firebird Global Master Fund, Ltd. and Firebird Global Master Fund II, discusses a couple of major technological breakthroughs that promise to improve nuclear safety and address environmental concerns. He likes the opportunities he sees in companies involved in nuclear plant construction and the nuclear fuel cycle.
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Crude Reality: How Long Can Oil Stay Down?
Source: Seeking Alpha, Andrew Mickey (1/14/09)
"The chances of a 'V' forming in the oil price chart ahead are very slim."
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Shrieking New Heights of Mediocrity
Source: Roger Wiegand, Trader Tracks (1/13/09)
Crude oil and natural gas remain in fundamental deficit. Higher prices and shortages shall return again in our view. This will take some time as current reserves are out of kilter and must be burned-off (used-up) before the next long only trading excitement arrives.
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The Blossoming of Nuclear Power
Source: Barron's, Robin Goldwyn Blumenthal (1/10/09)
"Owning companies that already own nuclear is the sweet spot for investing in utilities."
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Haywood Advises 'Underweight' Position in Base Metals Stocks, Bullish Long Term
Source: Mineweb (1/8/09)
"The underlying supply demand fundamentals for uranium remain strong."
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Federal Gas Tax Increase a Definite Possibility
Source: Seeking Alpha, Michael Brisky (1/8/09)
"Oil is a resource with dwindling supply, and as soon as the major world economies stabilize, gas prices are going to rise."
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Sheldon Inwentash: Opportunities Abound in Uranium Sector
Source: The Energy Report (1/8/09)
With more than 20 years of experience in the investment industry, Sheldon Inwentash, chairman and CEO of both Mega Uranium and Pinetree Capital, sheds some light for The Energy Report on what he sees as "tremendously positive signs" for the future of uranium. Inwentash says this is one of the best buying opportunities we'll ever see because there are so many companies with qualified assets trading at a discount to cash.
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Sector Snap: Oil Companies Fall on Reserves Report
Source: Forbes (1/7/09)
". . .despite the inventory glut and declining demand. . .geopolitical threats to supply and positive developments among oil companies are holding up the sector."
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Saudi Rejects Call for Oil Embargo over Israel
Source: Reuters (1/7/09)
". . .oil is not a weapon. You can't reverse a conflict by using oil."
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Good Riddance, 2008
Source: The Energy Strategist, Elliott H. Gue (1/7/09)
". . .major energy indexes are approaching a key low, setting up for a major rally that will kickoff no later than mid-2009."
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S&P 500 Energy Sector Up 8 Days in a Row
Source: Seeking Alpha, Bespoke Investment Group (1/7/09)
"When the sector has been up 8 days in a row. . .it has actually gone up on the 9th day 70% of the time."
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Commodities Volatility Indicate Firming Demand, Rising Prices
Source: Seeking Alpha, Calafia Beach Pundit (1/7/09)
"Today, with demand firming and in the absence of relentless selling pressure, prices are rising."
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U.S. to Collect Less Offshore Oil Revenue: Government
Source: Reuters (1/7/09)
"The United States will collect $77 billion less from federal offshore drilling leases over the next 9 years than previously estimated. . ."
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Oil Tumbles 12% as U.S. Supplies Rise More Than Forecast
Source: Bloomberg (1/7/09)
"Oil futures tumbled. . .the most in more than seven years following bigger-than-expected increases in supplies and further drops in consumption."
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New Bull Market for Oil?
Source: Seeking Alpha, Bespoke Investment Group (1/6/09)
". . .oil is already well into a new bull market. . ."
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Oil and Gold May Be Best Commodities Prospects in 2009
Source: Mineweb (1/2/09)
"It would not be unreasonable to look for a doubling of the oil price within the next few months."
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