US Energy Independence: The Next Big Thing for 2013?
Rita Sapunor of The Energy Report (12/27/12)
Energy investment is about more than just the commodities; it’s about growth. That’s why, for example, the emerging economies theme has been an important one for investors who know that every business and modern home in Brazil, Russia, China or the African continent will need to keep the lights on somehow. But the next big thing [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
In the third century, greed got the best of Rome’s emperors. As they spent through the silver in the treasury, one emperor after another reduced the amount of precious metal in each denarius until the coins contained almost no silver whatsoever.
It was the world’s first experience with currency debasement and hyperinflation. As people saw the value of their savings evaporate, society grew [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
There is little that would rock the oil world more than a revolution in Saudi Arabia.
But with a coming leadership crisis, it is becoming all too likely.
Saudi is facing major economic challenges as dramatic increases in social spending and domestic fuel consumption eat through the kingdom’s all-important oil revenues.
Saudi Arabia is smack in the middle of the Middle East, an ever-tumultuous region [...]
Mitt Romney looks set to declare war on America’s wind energy industry, further emphasising the dividing line between the presumptive Republican presidential candidate and President Barack Obama on energy issues.
Romney’s campaign confirmed this week he wants to end long-standing tax credits for wind farm projects when the incentives come up for review later this year.
The pledge means the popular production tax credits (PTCs) – which have helped drive a surge [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
At the latest Casey Research conference, respected investment analyst Porter Stansberry stood at the podium and predicted that the price of oil will fall below US$40 per barrel within the next 12 months. Part of his reasoning revolves around the impact that the shale gas revolution has had in the United States – he believes a similar thing will happen with oil.
Porter [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
There’s a major shift underway, one the U.S. mainstream media has left largely untouched even though it will send the United States into an economic maelstrom and dramatically reduce the country’s importance in the world: the demise of the U.S. dollar as the world’s reserve currency.
For decades, the U.S. dollar has been absolutely dominant in international trade, especially in the oil markets. [...]
By Marin Katusa, Chief Energy Investment Strategist
There’s a major shift under way, one the US mainstream media has left largely untouched even though it will send the United States into an economic maelstrom and dramatically reduce the country’s importance in the world: the demise of the US dollar as the world’s reserve currency.
For decades the US dollar has been absolutely dominant in international trade, especially in the oil markets. This [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
My most recent trip to Calgary gave me a welcome chance to catch up with friends and colleagues in Cow Town’s oil and gas sector. I found out about new projects, investigated companies of interest, and came away with an improved feel for the current state of affairs – what’s hot, what’s not, and why.
I also came away reminded of one of [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
Every salesman wants to present his product in the best light possible and the salesmen of the stock market are no exception. Public companies always highlight the positives about their projects, their financial positions, and their outlooks, and downplay negative news as much as legally possible.
In the resource sector there is a long list of tactics that companies use to put their [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Resesarch:
Many of Casey Research’s editors and analysts spent last week in Toronto at the annual Prospectors and Developers Association of Canada (PDAC) convention. PDAC is one of the biggest resource conventions in the world – this year, more than 30,000 people attended the show.
A convention of that size attracts investors, analysts, mining executives, geologists, prospectors, and government representatives from all over the [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
Gasoline consumption in the United States has been dropping for years. In the last decade, vehicle fuel efficiency has improved by 20%, and the combination of that shift and a weak economy of late has pushed gasoline demand to its lowest level in a decade.
At the same time, U.S. oil production is at its highest level in a decade. Deepwater wells in [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
The energy market is a complex beast, its many parts interconnected through a multitude of linkages. When one part fails, the entire system reacts: certain linkages are burdened with extra stress, while other components sit idle. Only by studying the entire machine can one understand the rippling effects that stem from one change.
With the energy market, the system is made up of [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
The Fukushima disaster reminded us all of the dangers inherent in uranium-fueled nuclear reactors. Fresh news yesterday about Tepco’s continued struggle to contain and cool the fuel rods highlights just how energetic uranium fission reactions are and how challenging they are to control. Of course, that level of energy is exactly why we use nuclear energy – it is incredibly efficient as [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles.
But that line doesn’t make sense, and the sanctions [...]
From John Stossel:
Has Barack Obama learned nothing in three years? During his State of the Union address, he promised “a blueprint for an economy.” But economies are crushed by blueprints. An economy is really nothing more than people participating in an unfathomably complex spontaneous network of exchanges, aimed at improving their material circumstances. It can’t even be diagrammed, much less planned. And any attempt at it will come to grief.
Politicians [...]
Global investment in clean energy reached a new high of $260 billion (€203 billion) last year, despite the financial crisis and the anti-environment agenda of Republicans in the US Congress, a United Nations investors’ summit was told on Thursday (12 January).
Data from Bloomberg New Energy Finance, which tracks clean energy investment, showed a 5% increase compared with 2010, driven largely by a surge of money going to the solar industry.
Investment in solar [...]
National Legal & Policy Center
As the U.S. government Venture Capitalist-in-Chief (and President) Barack Obama and his Department of Energy investment guru (and Energy Secretary) Steven Chu pour other peoples’ money into their favorite “clean” technology schemes, private backers appear to be following them off the cliff, “as publicly traded battery makers watched their stocks tank and their businesses stumble,” according to a Dow Jones report late last month.
According to a Dow Jones-owned industry tracker called VentureSource, private investors [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
Quick, what country is the economic engine that will power world growth? If you answered “China,” you’re far from alone. But there’s another country that deserves as much attention and better yet, is much friendlier to investment: India, home to 1.2 billion people.
To electrify all those houses, power the industries that keep all those people employed, and fuel the vehicles that more [...]
From Marin Katusa, Chief Energy Investment Strategist, Casey Research:
The Keystone XL ruckus shone a light on pipelines like never before. From the heated nature of the debate one could be forgiven for thinking that long, high-volume pipelines are something new to America. Really, that couldn’t be further from the truth: The United States built its first pipeline in the 1840s, and there are now more than a million kilometers of [...]
Washington (CNN) – President Obama announced Friday the federal government and private sector partners will invest $4 billion over the next two years in energy upgrades to buildings across the country, an initiative the White House says will create several thousand new construction jobs.
The president made the announcement on the top floor of a building currently under renovation and only steps from the White House with former President Bill Clinton [...]
AFP ©
WASHINGTON (AFP) – Aides say President Barack Obama will lay out plans to reduce the soaring US budget deficit on Wednesday, setting the stage for a major battle that could define his reelection campaign.
Washington is still regrouping from the political jousting that led to the near shutdown of the federal government at the weekend, but looming on the horizon are even bigger battles over [...]
George Soros — whom we’re always told is not serving his own economic interests at all by promoting liberal politicians and big-government policies — is launching a new investment fund that plans to profit off of the “green energy” boom, which is entirely dependent on government subsidies supported by the groups Soros funds.
As the press release puts it, this fund will “leverage technology and business model [...]
|
It only takes a few moments to share an article, but the person on the other end that reads it might have their life changed forever
Contact Information:
Submit: articles [ at ] investmentwatchblog.com
Advertising: ads [ at ] investmentwatchblog.com
General: admin [ at ] investmentwatchblog.com
|