Streetwise Articles
Massive Pa. Gas Blast Leaves One Dead, Five Missing
Source: MSNBC (2/10/11)
"The explosion was so powerful it was felt nine miles away in Bethlehem, Pa."
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Oil-Drilling Boom Underway
Source: The Wall Street Journal, Ryan Dezember and Matt Day (2/10/11)
"Drilling activity at an unprecedented pace in Eagle Ford, Bakken and Montney shale formations."
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Oil Pares Gains on Reports Mubarak Stepping Down
Source: Reuters, Jessica Donati (2/10/11)
"Prices whiplash on U.S. jobs data, talk of Saudi King's death and Mubarak's resignation."
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WikiLeaks: Saudi Arabia Has a Serious Oil Leak
Source: Daily Maverick (2/9/11)
"Saudi Arabia's oil reserves may be greatly overstated. . ."
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Israel Set to Join the Rich Countries Club
Source: OilPrice, Llewellyn King (2/9/11)
"Israel will soon be awash in natural gas."
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Oilsands Receive Modest U.S. Approval
Source: Calgary Herald (2/9/11)
"Security of supply concerns appears to be causing angst in Washington."
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Geothermal Energy Puts French Town in the Spotlight
Source: NTV (2/9/11)
"The bio-mass boilers run on recycled wood chips, heating the water and pumping it through the town along 30 kilometers of piping."
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USDA Corn Forecast Good News for Fertilizer Producers
Source: Potash Investing News, Leia Michele Toovey (2/9/11)
"U.S. corn supplies will match lows not seen in 15 years."
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Brawl Looms over Energy Tax Proposal
Source: MarketWatch, Robert Schroeder (2/9/11)
"White House prepares to release its budget for fiscal 2012 next week."
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Uranium Mining Focus of Richmond, VA Meeting
Source: Associated Press, Steve Szkotak (2/9/11)
"Opponents say state doesn't have the resources to oversee the largest uranium deposit in the U.S."
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High Altitude Bombing in Oil
Source: J.W. Jones, Options Trading Signals (2/9/11)
"Options trade in USO gives a high probability of success. . ."
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Kevin Bambrough: Fiat Currencies Are Worthless
Source: George Mack of The Energy Report (2/8/11)
In the world of resource investing, Kevin Bambrough, founder of Sprott Resource Corp. (SCP) and president of prestigious Sprott Inc., is one of an elite few. His rise has been meteoric and it's well deserved. Read on for his take on peak oil (it's real), the merits of nuclear energy, and the worthlessness of paper money in this wide-ranging, exclusive interview with The Energy Report.
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Oil Prices Waiver on Chinese Demand Concerns
Source: Associated Press, Sandy Shore (2/8/11)
"Government leaders fear a sharp rise in prices could trigger unrest."
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Nevada Could Be Lithium Hot Spot
Source: Reno Gazette Journal, Steve Timko (2/8/11)
"Western Lithium to produce from 10,000 to 15,000 tons annually."
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Pirates Seize Italian Oil Tanker
Source: BBC News (2/8/11)
"The vessel's oil cargo is estimated to be worth about $63M."
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Obama Fast-Tracks Offshore Wind Energy
Source: USA Today, Wendy Koch (2/8/11)
"Administration aims to lease wind farms off four Mid-Atlantic states by the year's end."
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EPA Close to Launching Fracking Study
Source: Houston Chronicle, Jennifer Dlouhy (2/7/11)
"Study may lead to new federal fracturing rules."
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Egypt Cuts off Isreali Natural Gas Following Blast
Source: Washington Post, Janine Zacharia (2/7/11)
"Blast at Egyptian terminal set off a fire that could be seen for dozens of miles."
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Texas Freeze Knocked out Coal Plants
Source: Dallas Morning News, Elizabeth Souder (2/7/11)
"The breakdown of coal-fired plants was at the heart of electricity grid problem."
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Shale Gas Moratorium Sought by Quebec Groups
Source: CBC News (2/7/11)
"Quebec is sitting on vast deposits with billions in potential royalties."
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Talison Lithium: The World's Only Pure Lithium Producer
Source: Richard (Rick) Mills, AheadOfTheHerd (2/7/11)
"Revolutionary change has come to our electrical-storage needs; leading the change is lithium."
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DOE Launches Solar Power Initiative
Source: Sustainable Business (2/7/11)
"Initiative aims for 75% reduction in photovoltaic solar energy systems costs."
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Polls: Americans Back EPA and Clean Energy
Source: USA Today, Wendy Koch (2/7/11)
"Most Americans want the current EPA to do more—not less."
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Energy? No Thanks
Source: Toby Connor, Gold Scents (2/7/11)
"The oil service ETF is now stretched 33% above the 200-day MA."
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Michael Blum: Headwinds or Clear Sailing for MLPs?
Source: Brian Sylvester of The Energy Report (2/3/11)
Noting that 2009 and 2010 provided an "extraordinary run" for master limited partnerships (MLPs), Wells Fargo Senior Energy MLP Analyst Michael Blum still sees plenty of potential. Learn which sectors are positioned to run ahead of the wind and which MLPs have set their sights on achieving investment-grade status in this exclusive interview with The Energy Report.
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