WTI Crude

Loading...

Brent Crude

Loading...

Natural Gas

Loading...

Gasoline

Loading...

Heating Oil

Loading...

Rotate device for more commodity prices

Breaking News:

Chevron To Invest $4B In Permian Production

Dave Forest

Pierce Points Daily E-Letter

Contributor since: 29 Sep 2011

Dave Forest

Biography

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

Latest articles from Dave

  • A Look at the Exploration Business and Mining Economics

    Published 18 January 2010 | viewed 41,843 times

    We spend a lot of money looking for mines. Drilling, trenching, sampling, assaying, metallurgical testing, running geophysical surveys, taking soil geochemistry samples. All of these…

  • Lending Takes Another Teeth-Kick

    Published 15 January 2010 | viewed 4,660 times

    The "Financial Crisis Responsibility Fee" dropped today on Capitol Hill. The odd-sounding measure ("You've caused a financial catastrophe. That'll be $8.50 please.") is the Obama…

  • Thoughts from Asia's Gold Exchange

    Published 13 January 2010 | viewed 5,429 times

    The Tokyo Commodities Exchange is a pretty unassuming place. The Exchange is housed in a non-descript eight-story office building. In the relatively non-descript Tokyo borough…

  • A Limp Oil World

    Published 11 January 2010 | viewed 7,249 times

    China was the savior of commodities the past year. And a particularly hot spot today. China's customs agency released some impressive trade numbers. December exports…

  • So You Think You Can Debase a Currency

    Published 07 January 2010 | viewed 5,301 times

    Yesterday I visited the nicest public pool I've ever set trunks in. The place was airplane hangar-sized. Giant hot tub. Towering waterslides. A float-along river…

  • A Gas Company Revolutionizes Canadian Oil

    Published 06 January 2010 | viewed 7,724 times

    The next big thing is here in the Canadian oil patch. I wrote a few weeks ago that a number of new Alberta and Saskatchewan…

  • Liquidity Problems - Two Major Miners Run out of Cash

    Published 04 January 2010 | viewed 7,298 times

    It's been awhile since we heard the phrase "liquidity problems". In October 2008, you couldn't set browser on internet without hearing about liquidity problems somewhere.…

  • Petro Unfriendly California Changing it's Stance on Oil

    Published 30 December 2009 | viewed 5,950 times

    The financial crisis changed the way people think. At least some people. In North America, the bursting of the housing bubble dispelled the myth you…

  • Exxon's Built in Escape Hatch From the Shale Gas Game

    Published 29 December 2009 | viewed 8,075 times

    ExxonMobil's buyout of XTO Energy was the story of December. It might be the story of 2009. But equally important are the details now emerging…

  • Unstimulating America - How do you Undo a Trillion Dollars?

    Published 23 December 2009 | viewed 10,291 times

    That question has been on the minds of leaders and financial thinkers worldwide, since the financial crisis broke last fall. In response to falling asset…

  • The Two Kinds of Junior Natural Resource Companies

    Published 22 December 2009 | viewed 4,996 times

    There are two kinds of junior natural resource companies. When you analyze, it's critical to realize which one you're dealing with. The first type are…

  • The Natural Gas Sector, Shale Gas & Exxon's $31 Billion Takeover of XTO Energy

    Published 15 December 2009 | viewed 7,912 times

    Yesterday's big news in the commodities world was Exxon's $31 billion takeover of XTO Energy. The acquisition is a big endorsement by the world's largest…

  • How to Guarantee Success - Why Mexico Hedged it’s 2010 Oil Production at $57 per barrel

    Published 11 December 2009 | viewed 7,220 times

    A lot has been made this week of news that Mexico hedged the bulk of its 2010 oil production at $57 per barrel. Several analysts…

  • The Hot Money Likes Commodities These Days

    Published 10 December 2009 | viewed 6,081 times

    Inflows of speculative investment money into gold, copper and oil continue unabated and the numbers are staggering. I wrote a few months back about investment…

  • Death of the Dollar! Is the end of the Greenback Truly at Hand?

    Published 17 October 2009 | viewed 8,625 times

    There were a lot of reports this week about the demise of the dollar. Is the end of the greenback truly at hand? Or are…

Oilprice - The No. 1 Source for Oil & Energy News