Dave is Managing Geologist of the Pierce Points Daily E-Letter.
I wrote yesterday about the importance of tailoring royalties to fit the situation for different oil and gas plays. Today, there's news on an interesting…
The recent oil and gas boom has been an education for a lot of people. Including regulators. Designing oil and gas laws is not easy…
Over the last few days I’ve noticed one significant thing. Creeping yields on U.S. commercial paper. Prior to the financial crisis in 2008, rising yields…
Reports this morning that Russian aluminum giant Rusal is looking at launching an exchange-traded fund (ETF) back by physical aluminum. Rusal said the fund could…
I thought I was seeing things yesterday. The Federal Reserve released its weekly numbers on U.S. bank lending. And it looked like there had been…
A couple of interesting data points the last few weeks, on commodities oversupply. Last week CBI China reported that Chinese base metal stockpiles are reaching…
It's finally happening. Gas producers are starting to crack. With the natural gas to oil price ratio running at a nearly-unprecedented 21-to-1 ($86.80 per barrel…
I just finished reading a 144-page document from the Committee of European on ways to prevent market abuse. The paper discusses myriad ways regulators can…
For over a year, the Federal Reserve has been pouring money into American mortgages. Buying "mortgage-backed securities" (MBS), financial instruments whose value is based on…
On wednesday, the Obama administration announced comprehensive new regulations on offshore oil and gas drilling. Potentially opening some significant new acreage previously off limits to…
Something has changed these last few weeks. Yesterday I was struck by how many indicators have suddenly broken trend over the last few months. It…
The action in gold on Friday was notable. Spot gold jumped over $5. And the rally has continued this morning, with gold now back above…
Attention international coal industry. There's a new kid on the block. The nation of India. India is emerging as a major re-shaping force for the…
Something unusual happened the last few weeks. Bank lending in the U.S. didn't fall significantly. Since the onset of the financial crisis, outstanding loans at…
Gold investors have long-believed the mainstream is close at hand. One of the major arguments from gold bulls over the last ten years has been…
The picture below is worth a thousand words. And $50 trillion. This was just released by the Bank of Japan as part of their new…
The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what…
One of the most valuable things a mining company can have is expertise. Exploring for, delineating, and mining ore bodies is an extremely tough business.…
Mother Nature's been good to the North American natural gas sector. Not only did she gift several massive shale gas plays over the last few…
Some good research from China Knowledge this week. About how southeast Asia is becoming China's trading partner of choice. China's trade with the Association of…