Dave Forest

Latest articles from Dave

• Shell and No-Risk Oil

  Published 16 August 2013 | viewed 4,538 times

  It's feeling euphoric in the oil sector these days.Valuations for E&Ps are good. And firms are having no trouble raising capital.There's been a spate of…

• Someone Likes Cheap Uranium

  Published 15 August 2013 | viewed 4,710 times

  The spot uranium market hit another new low in July.Spot Uranium prices slipped to $34.50 per pound during the month. Down over 20% since the…

• What's the Future for Your State Monopoly?

  Published 14 August 2013 | viewed 4,780 times

  Big news from Mexico about reforms to oil giant Pemex.The government is pushing to end the state entity's monopoly control on the oil & gas…

• Miners Become Currency Traders

  Published 12 August 2013 | viewed 5,453 times

  There's been one bright point for miners lately: depreciating global currencies.Reports this month suggest that Australian coal miners are benefiting from a recently-weaker Aussie dollar.Management…

• Canada's Offshore Versus Shale Gas

  Published 10 August 2013 | viewed 6,272 times

  Natural gas from Canada's offshore east coast is finally coming to market.Last week, regulators issued an Operations Authorization for the Deep Panuke gas project, offshore…

• The India Coal Story Gets More Intriguing

  Published 09 August 2013 | viewed 4,152 times

  I've talked a lot about coal in India lately.The way things are setting up, I believe the story could be one of the biggest surprises…

• Do Copper Miners Need More Power?

  Published 08 August 2013 | viewed 3,898 times

  Chile's copper miners are worried about power costs.The concern came to a head last week. After a Chilean appeals court rescinded a construction permit for…

• Boom Times in the LNG Sector

  Published 03 August 2013 | viewed 4,600 times

  It's been awhile since we've seen mania in resource stocks.But two examples these last few weeks look like just that.Last week, liquefied natural gas technology…

• Junior Time in the Gulf of Mexico Shelf

  Published 01 August 2013 | viewed 8,275 times

  A critical change is afoot in the Gulf of Mexico petroleum business.Major operator Apache said this month it is exiting the shallow-water Gulf of Mexico…

• Why Oil is Good for Real Estate

  Published 30 July 2013 | viewed 7,860 times

  Sometimes I think we forget how good things have been in the natural resources sector recently. Especially compared to other sectors.Glancing at some data on…

• What Does the Plastics Revolution Mean for Gas Producers?

  Published 29 July 2013 | viewed 8,145 times

  It looks like the U.S. plastics revolution is upon us. Many observers have been forecasting a petro-chemical boom in America. Driven by cheap natural gas…

• Can Bureaucracy Save the Coal Sector?

  Published 26 July 2013 | viewed 4,816 times

  Things are not going well for Coal India.Reports this week suggest the major coal producer is struggling with project expansions.The firm has ambitious growth plans…

• A Bad Time to Lose Iran

  Published 25 July 2013 | viewed 8,956 times

  Or least Iranian oil. Reports surfaced this week that sanctions are decimating Iranian crude exports. India's imports from the pariah nation appear to have fallen…

• The Hidden Platinum Margin

  Published 24 July 2013 | viewed 4,570 times

  One of the biggest surprises of the year hit the mining analyst community last week.Anglo American Platinum turned a profit. A sizeable one.Amplats turned in…

• The Nuclear Stars Align

  Published 23 July 2013 | viewed 6,110 times

  We've talked before about how Japan's nuclear woes are driving global LNG prices. With 95% of the Japanese nuclear reactor fleet idled since the Fukushima…

• Fracking has Come to Chile

  Published 22 July 2013 | viewed 9,081 times

  Last week, state oil company ENAP announced a successful frack at its Arenal block in Tierra del Fuego. Reportedly the first such campaign in the…

• The New Enemy of Canadian Gas

  Published 18 July 2013 | viewed 5,974 times

  Perhaps one of the most significant energy stories of the year.Platts reports that the owners of the Rockies Express Pipeline (REX) are doing an about-face.REX…

• The Derivatives Loch Ness

  Published 04 July 2013 | viewed 5,004 times

  Something unusual is happening in the global swaps markets.We expected this for the U.S. New rules requiring central clearing of formerly OTC-traded derivatives for big…

• The Difference Between Shell and Barrick

  Published 03 July 2013 | viewed 6,510 times

  Shell announced another big find in the Gulf of Mexico today.The company’s Vicksburg prospect tested 152 metres of net oil pay, at 8,000 metres deep.…

• India And China Vie For Coal Supply

  Published 03 December 2010 | viewed 6,008 times

  India's coal-fired power sector is in trouble. As of yesterday, 30% of Indian coal-fueled plants were at "critical" levels of coal stockpiles. And now India…