• 2 hours Bidding Action Heats Up In UK’s Continental Shelf
  • 7 hours Keystone Pipeline Restart Still Unknown
  • 11 hours UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 13 hours Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 15 hours Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 17 hours German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 18 hours Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 20 hours Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 2 days Oil Prices Rise After API Reports Major Crude Draw
  • 2 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 2 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 2 days Statoil Looks To Lighter Oil To Boost Profitability
  • 2 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 2 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 2 days Whitefish Energy Suspends Work In Puerto Rico
  • 2 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 2 days Thanksgiving Gas Prices At 3-Year High
  • 2 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 3 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 3 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 3 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 3 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 3 days ConocoPhillips Sets Price Ceiling For New Projects
  • 5 days Shell Oil Trading Head Steps Down After 29 Years
  • 5 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 6 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 6 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 6 days Venezuela Officially In Default
  • 6 days Iran Prepares To Export LNG To Boost Trade Relations
  • 6 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 6 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 6 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 6 days Rosneft Announces Completion Of World’s Longest Well
  • 7 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 7 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 7 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 7 days Santos Admits It Rejected $7.2B Takeover Bid
  • 7 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 7 days Africa’s Richest Woman Fired From Sonangol
  • 8 days Oil And Gas M&A Deal Appetite Highest Since 2013
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

  • Gazprom Finally Accepts that Shale Gas Has Changed the World

    Published 03 March 2010 | viewed 9,110 times

    The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas…

  • The Great Divide of Natural Gas

    Published 02 March 2010 | viewed 6,376 times

    South Korea is coming to northeast British Columbia. It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major…

  • Chinese Shipping Indices go Ballistic as Wave of Exports Leave China

    Published 01 March 2010 | viewed 26,952 times

    There are a lot of ships sailing around China these days. As I've discussed several times over the past weeks, Chinese shipping indices have gone…

  • New Framework for European Geothermal Industry Encourages Exploration Companies to Investigate New Resources

    Published 27 February 2010 | viewed 5,376 times

    I’ve received a copy of a new regulation framework for geothermal energy in Europe. Handed to me by a colleague last week, whose associate led…

  • Seismic Activity in Japanese Commodity Markets

    Published 26 February 2010 | viewed 5,302 times

    There has been some unusual action on the Japanese commodities markets that demands a comment. I mentioned earlier this week that over the last two…

  • One Night Stand Pricing

    Published 25 February 2010 | viewed 6,683 times

    What's more important: upside or stability? That debate constantly rages amongst commodities producers. Especially when it comes to deciding whether to sell gold, copper or…

  • A Wave of Steel

    Published 22 February 2010 | viewed 11,053 times

    China is the key to the metals markets today. And there are some important signals about this market registering in the last few weeks. Last…

  • Oil Sands receive a big vote of confidence from Oil Major BP

    Published 15 February 2010 | viewed 8,598 times

    News came yesterday that oil major BP is close to a deal in the Alberta oil sands. It appears that BP is the preferred bidder…

  • The U.S. Dollar is Finally Getting Invited Back to the Investment Party

    Published 08 February 2010 | viewed 5,915 times

    The U.S. Dollar is Finally Getting Invited Back to the Investment Party The buck is up 6% against the euro in the last three weeks.…

  • Oil Futures Plunge, Bond Markets Vote America (Alert)

    Published 05 February 2010 | viewed 6,270 times

    February 5, 2010. Statsweeper registered alerts across the entire WTI oil futures complex yesterday. Prices fell dramatically, with all six of the nearest contracts down…

  • Rogue Aluminium Shipments Suggest Chinese Metal Stockpiles are Being Re-Exported

    Published 05 February 2010 | viewed 17,893 times

    This might be the year's most important news. Which got almost no press globally. Something strange happened in Japan in December. Shipments of aluminum from…

  • The Coming Copper Crisis and Price Forecasting - Is There a Better Way?

    Published 04 February 2010 | viewed 17,877 times

    David Threlkeld of metals trading advisor Resolved Inc. got some press this week. That happens when you predict a catastrophe. Threlkeld was quoted by Bloomberg…

  • The Value of Empty Space - Japan Secures Oil Supply

    Published 26 January 2010 | viewed 9,180 times

    Here's an interesting one in the realm of oil security. As we've discussed, Japan is using a lot less oil these days. In the last…

  • America: Export Nation?

    Published 20 January 2010 | viewed 12,146 times

    There’s some interesting data emerging on the world trade situation. One of the surprising things is the U.S. export market is actually fairing reasonably well.…

  • A Look at the Exploration Business and Mining Economics

    Published 18 January 2010 | viewed 42,118 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 4,799 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 5,654 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 7,376 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 5,428 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 7,936 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…

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