Blog > Archive by category 'Oil and Energy'

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“We are not in the charity business. Whoever will give me the best price, I will follow him.” -- Abdullah bin Hamad al-Attiyah, Oil Minister of Qatar
by Andrew Mickey
Baltimore – (TFN): Qatar is already taking advantage of this situation. And they’re making no qualms about their motivation: make [...]

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“We saw exactly the same thing with uranium last year, we saw it with wheat, corn and soybeans this year; we saw it with copper, lead, zinc and nickel, we’ve just seen it with rice.” — Dominic Frisby
by Dominic Frisby, MoneyWeek
Baltimore – (TFN): When a commodity or [...]

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by Ian Cooper
Baltimore — (TFN): If you thought T. Boone Pickens’ $125 oil prediction was a shock, CIBC World Markets’ chief economist Jeff Rubin is predicting $200 oil in the next five years. Oil production, says Rubin, will see minimum growth “over the next five years, edging up barely more than 1-million barrels a day [...]

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“What if I said that gasoline prices were headed for the $4 a gallon level, but once they got there, they’d head no higher? Accompanied by that reassuring bit of alleged ‘certainty,’ gasoline at $4 a gallon doesn’t sound quite so scary.” — William Patalon
by William Patalon
Baltimore – (TFN): How [...]

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Baltimore — (TFN): Krista Das: U.S. crude oil hit a record high last week. The June contract began trading over $119.00 a barrel. According to the International Energy Agency, this is higher than the inflation-adjusted peak after the Iranian Revolution in 1980 when considering inflation.
Joining me today is Blue Chip expert Todd Schoenberger who regularly [...]

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“Biofuels have turned out to be a lose-lose-lose proposition. Once touted by the Greens and the biofuel industry as being able to reduce the demand for oil and to reduce greenhouse gas emissions, biofuels have accomplished neither goal and have no prospect of accomplishing either in the foreseeable future.” —Steven Milloy
Blogger’s Note: A year ago, [...]

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“The math is really simple here. We are burning through supplies at a rate that’s four times to five times faster than we’re discovering new reserves. Throw in a few [surprises]… perhaps a terrorist event… and add in the accelerating use of oil and gasoline in Third World countries, and we have [...]

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"Lee seems to have the golden touch. Despite all the talking heads in the world predicting a top to commodity prices, he just keeps finding new ways to make money." — Steve McDonald
by Steve McDonald, TodaysFinancialNews.com
Baltimore — (TFN): The following was taken from the Under the Microscope video on TFN. Watch [...]

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“Well, there we have it… energy crisis solved… right? Wrong. You see, for every good idea and every well-thought-out plan that may work on a small scale, there are always problems on a widespread level.” — Kevin Kerr
by Kevin Kerr, Whiskey and Gunpowder
Baltimore – (TFN): It seems that every [...]

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“If you were running an oil company, what would your number one priority be? Jacking up production, right? I mean, oil prices have just shot up from $50 to $120. And you know that whatever you produce, you’ll sell.” — Andrew Gordon
by Andrew Gordon
Baltimore — (TFN): If you were running an oil company, what would [...]

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“There are 1,000 coal-fired plants scheduled to be built within the next five years. That’s more than enough to keep the supplies tight and to sustain the high price of coal.“ — Andrew Gordon, Investor’s Daily Edge
Baltimore – (TFN): The following was taken from this week’s Market Insights with Krista Das featuring Andrew Gordon, editor [...]

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- 5.3 times the proven reserves of Exxon, Gazprom, Chevron and ConocoPhillips combined…
- Twice the size of Saudi Arabia’s Ghawar oil field…
- The U.S. Department of Energy confirms, “This could increase crude oil in America by billions of barrels.”
- The Billings Gazette says, “The oil field has made millionares out of ordinary Montanans…”
About [...]

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“There’s something very simple and compelling about the number 1,000. That’s how many coal-fired plants are scheduled to be built in the next five years, many of them in China and India.” — Andrew Gordon
by Andrew Gordon
Baltimore — (TFN): We love commodities here at Investor’s Daily Edge. My colleague Rusty McDougal lives and breathes [...]

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“The Forties Pipeline System, a major transportation network that pumps about 600,00 barrels per day (bpd) from more than 50 fields situated throughout the region, was forced to close due to a labor strike at a key Scottish refinery.” — Jason Simpkins
by Jason Simpkins
Baltimore – (TFN): An outpouring of political [...]

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“Saudi Arabia has a problem. And it’s the same one that every oil-producing nation will face someday: Its oilwells are drying up.” — Jason Simpkins
by Jason Simpkins
Baltimore – (TFN): The Kingdom of Saudi Arabia is the world’s leading petroleum exporter. Officially, it has reserves of about 260 billion barrels of [...]

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“It’s easy to see why there’s such a big opportunity brewing in alternative forms of energy. The U.S. and many other countries around the world are (as my grandfather would say), ‘backing the truck up’ and pouring money into this sector right now. There’s a tremendous opportunity [...]

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Blogger’s Note: It’s not only hedge funds and pension funds who have discovered resources and energy as prime vehicles to create profit. Organized crime, too, appears to be tapping into this mother of all money-laundering machines. CNN featured this article on the subject matter. Could this be the opening shot of an orchestrated push by [...]

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“If we’re only considering economic factors, the steep crude prices now being predicted would be unlikely to stick for any protracted period.” — Martin Hutchinson
by Martin Hutchinson
Baltimore – (TFN): Venezuelan President Hugo Chavez said a few months ago that if the United States invades Iran, we could expect to [...]

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“One of the most extensive and valuable mineral resources in the U.S. is called the Pittsburgh Coal Seam. The Pittsburgh Coal Seam shows up in outcrops all over town, if you know where to look and what you’re seeing. But there’s a lot more to this hunk of rock.” [...]

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"In the same way that people should sell into a short squeeze, they should take advantage of these bargain sales in order to get back into energy." – Horacio Marquez
by Horacio Marquez,editor, The Money Map Report
Baltimore — (TFN): The following was taken from the Money Morning video on TFN. Watch [...]