Florida. At least they were last week. City-gate natural gas prices in the Sunshine State briefly hit $14 per MMBtu last Thursday. A level not seen for many years in…
Gold is so misunderstood. My colleagues and I often joke about how gold is the "all-weather" investment. When the economy is good, pundits claim gold will rise because of inflation.…
There seems to be an on-going debate among peak oilers and many economists as to which came first, the chicken (peak supply flow) or the egg (peak demand). The first…
Heat waves and deadly floods notwithstanding, an effective global climate change treaty is not on the horizon. Delegates from 190 countries gathered in Bonn last week for the UN Climate…
One of my favorite journals is Project Finance. Having recently raised $25 million for a mining project, and now looking at a bigger raise for another, it's a subject I…
As US climate policy stumbles, runaway climate change scenarios highlight the dangers of complacency. A choice topic to spoil dinner parties and a long-standing, legitimate source of concern among scientists…
The current political impasse in Iraq is damaging to all parties involved. A UN-sponsored National Salvation Government may be the only way forward. The “Non-Dialogue” dialogue is still going on…
I believe that the surge in the price of food we have seen in recent weeks is the beginning of a major, secular, long term trend. During the sixties, new…
Coal is currently experiencing a phenomenal comeback everywhere. Demand has grown considerably, making coal the second-most important energy source worldwide, after oil. Billions of people depend on coal for their…
It’s just a matter of time before global buying of the grains spills over into the sugar market. A combination of torrential rains in Brazil, the source of 54% of…
The results of the bank stress test in Europe have been greeted with widespread skepticism; even though financial markets seem calmer, the system is not yet out of the woods.…
Long time readers of this letter know that I have been a huge bull on lithium plays, my pick in the sector, Chile’s Sociedad Quimica Y Minera (SQM), bringing in…
Storing the energy from wind is obviously useful. But is it essential? Numerous studies cover the matter both asserting that storage can useful and asserting its not. The practical common…
The Wayne Madsen Report (WMR) is reporting sources in Lebanon are expecting that the UN Special Tribunal for Lebanon (STL) report on who was responsible for the 2005 remotely-controlled bomb…
In Europe, natural gas has great importance. Many people believe (some countries even instituted policies) that it will be the fuel that will become the bridge to an energy future…
The oil spill and subsequent suspension of drilling permits in the Gulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings…
Scientists have known for quite a while that most of Earth's oil came from vast numbers of oceanic microscopic organisms -- rather than from dead dinosaurs. From diatoms to micro-algae…
After nearly 40 years, BP is returning to Libya amid widespread controversy about an alleged link to the Lockerbie bomber’s release and fears about a potential oil disaster in the…
Did King Abdullah of Saudi Arabia narrowly avoid being overthrown by a close member of his own royal family? That seems to be a rumor circulating around some political and…
I received another scratchy, crackling cell phone call from my drilling buddy in the Texas natural gas fields today. You could almost choke from the dust on the line. He…