Big Oil is much smarter than people think. By Big Oil this writer means the free world’s independent oil companies. For those watching, Big Oil has been shifting the publicly…
If oil is in short supply, what should we do? One idea is to add nuclear, but this doesn’t work as well as one would like. The big issue I…
Widespread flooding in northern Australia has caused economic disruption and sent coal prices soaring, but reinsurers are likely to avoid heavy losses, according to industry participants. Dom del Re, a…
Right now, the printing of trillions of dollars by the Federal Reserve is creating another financial bubble. It is supported only by deficit spending, borrowing, and money-printing. Nothing else is…
Russian President Dmitry Medvedev has signed a law on forming a joint venture with Mongolia to develop a large uranium deposit. Medvedev's signature clears the way for creation of the…
Last year’s sure thing is rapidly turning into this year’s sure loser. After bringing in a torrid 29% return in 2010, the barbarous relic has only managed a flaccid 7%…
This is my favorite asset class for the next decade, as investors increasingly catch on to the secular move out of paper assets into hard ones. Don’t buy anything that…
Shortly after the Deepwater Horizon disaster in the Gulf of Mexico, I wrote the following: BP’s Oil Rig Disaster May Bring an End to Support for New Offshore Exploration…
In order to maximize gold extraction, mercury is often used to amalgamate with the metal. The gold is then produced by boiling away the mercury from the amalgam, a process…
As we are forced to change the way we think about energy, the energy consumer is caught between need and the increasing risks involved in securing traditional energy sources. The…
Four billion pounds of carpet enter waste streams in the U.S. each year, says CEO Ron Simonetti. Five pounds of oil go into a single pound of nylon, so annually…
One sure thing for future employment is in nuclear. Now with three decades past the partial meltdown of a reactor at Three Mile Island and further expansion of nuclear power…
I bet I’m the only guy you know whose wedding was filmed by the KGB. In the seventies, my friend, the TASS correspondent, Yuri, shot the entire assembled foreign press…
Natural gas would like to be bridge fuel as we deal with oil shortages, but it keeps running into obstacles. A big obstacle is the fact that the price is…
Let’s start with a lie, albeit most likely the lowest level of lie, everyone is lying about ethanol. It has gotten so that the lies are pervasive, even such that…
Oil is like any other commodity: if price go up, people will produce more of it to sell. Despite the bleatings of peak oil sheep, oil companies are responding to…
Yesterday, the National Oceanic and Atmospheric Administration (NOAA) made public a new website, the NOAA Deepwater Horizon Library. The site contains a treasure trove of information relating to the oil…
Afghans are grappling with rising fuel prices and dwindling supplies in the depth of winter, while convoys of relief aid stand idle just across the border with Iran. Thousands of…
A gigantic natural gas field that could yield millions of barrels of oil was recently discovered on the maritime border between Israel, Lebanon, the Gaza Strip, Cyprus, and Northern Cyprus.…
Iran has begun transporting equipment to Tajikistan for the construction of a controversial hydropower plant. Ali Asghar Sherdust, Iranian ambassador to Tajikistan, said today that 75 tons of mainly electronic…