Without a doubt, the oil spill in the Gulf of Mexico is an environmental disaster. Unfortunately, as far as the global economy is concerned, Mr. Obama’s six-month moratorium on new offshore drilling is an even bigger disaster.
Remember, the supply of crude oil is already struggling and in order to offset the ongoing depletion,...
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Commodities
CRUDE REALITIES
Why Uranium Will Make Someone Rich
As promised last week, I want to show you why I’m really interested in uranium projects.
Uranium is a very unusual sector. For one, it’s small. So small, that at one point in history top-producing nations like Canada and France tried to form a uranium cartel to control prices for the metal.
The “uranium OPEC” failed....
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The “Richest” Natural Gas Stocks Now Made Public
by Keith Schaefer, Editor, Oil & Gas Investments Bulletin
June 15, 2010
A group of natural gas producers in North America are discovering the secret sauce to profits, and as a result many of them are outperforming their peers.
It’s called “wet gas” or “liquid rich gas” or “natural gas liquids” or “NGL”, but any way...
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Three Smiley Faces for Nigeria
A bit of a fun one for Friday.
JODI is the Joint Oil Data Initiative. A project run by the International Energy Agency and a consortium of partners, collecting data on oil demand and supply around the world.
Every month, JODI polls nearly 100 nations asking about their crude production, imports, stockpiles and...
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Weekly Market Digest
Weekly Wrapup....
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Long Weekend = Long Commodities
Matthew Bradbard's Daily Futures Recap....
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Simmons Says Government Should Take Over Cleanup
Matt Simmons, founder and chairman emeritus of Simmons & Co., talks with Bloomberg's Mark Crumpton and Lori Rothman about BP Plc's leaking oil well....
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Asian Gas Grows Up
Asia is one of the more interesting gas markets in the world.
Places like Thailand and its southeast Asian neighbors have seen phenomenal demand growth over the last several years. Total has said they’re in Thailand for gas. (Part of the reason I believe Thai shale gas may become an interesting play...
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Amazing Strength in the Contrarians Commodity
AMAZING STRENGTH IN THE “CONTRARIAN’S COMMODITY”
In yesterday’s edition, we wrote about the major new low in the CRB Index, a widely followed gauge of commodity prices. The benchmark raw materials index is trading at its lowest levels since July 2009.
One of the major “drags” on this index is crude...
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Stay in Cash, US Dollar still King
US Dollar is still king and gold/silver equities are the only stocks in an uptrend....
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