James Stafford of Oilprice.com discusses the following topics with Michael Klare: Why we are talking about a resurgence” of American power Why the issue of US natural gas exports is a geopolitical dilemma Why Myanmar is important but not critical to the US Asia-Pacific “pivot” Why Myanmar IS critical to China Why India and Japan are key to the US’ evolving […]
Extreme Energy, Extreme Implications Read More »
The last time Vladimir Putin was president, he laid the foundation to pull Mother Russia from the wreck of economic chaos to a world power once again. This time, he’s ready to extend that influence to counter the West. His tools: Russia’s abundant resources of energy, including uranium. There’s a new war developing on the continent, and the weapons this time will be oil wells, gas fields, and uranium mines, pipelines and ports, processing facilities, and supply deals.
The New Cold War: The “Putinization” of Uranium Part 2 Read More »
Although we don’t like to admit it, Uranium is a big part of the energy picture with roughly 16% of the world’s electricity coming from nuclear power. In the U.S. it is almost the same at 19%, with 37% coming from coal, 30% from Natural Gas, 7% from hydro-power, and only 5% from other renewable sources including 3.46% from Wind, 1.42% from biomass, 0.41% from geothermal and only 0.11% from Solar. So Solar power would have to increase by 2000% to replace Uranium. This is not from some perverse desire by the electric companies but simply because the economics of nuclear power has been favorable with cheap Uranium and expensive solar panels. But with the advent of fracking Natural Gas is becoming cheaper in the U.S. while as we will see in this article Uranium will become more expensive shortly. Another factor playing against Solar power is the ability for decentralization as each homeowner could produce their own power but this would involve homeowners taking the responsibility for their own future and naturally this is not in the power company’s best interest, so it has been downplayed as an option.
The New Cold War: The “Putinization” of Uranium Read More »
For a new shale discovery – however large it maybe – it would take years just to prove up its commercial viability, another few years to get the infrastructure running, and even more years before it produces enough to matter. This means there are tremendous opportunities to profit – for those who are in the know – while we wait for the rest of the world to catch up.
Bits and Pieces from Casey Research Read More »
Major oil companies like Shell have have been jumping at the chance to acquire ground in this former French protectorate that had been neglected for decades. For the first time, major spending has been committed to test Tunisian basins which could be just as prolific as those in neighboring oil rich environments such as Libya. Tunisia is
Oil in Tunisia?- Should Tunisia be on Energy Investors Watch List? Read More »
In the following article Tony Sagami of Uncommon Wisdom, shows how election results can be accurately predicted based on economic factors. In our Misery Index we show how two simple factors like inflation and unemployment were the basis of the original idea of predicting election results based on economic factors. But today Tony shows how
Is Your Vote for Sale? Read More »
Renewable Energy We were fortunate enough to have some time with Scotland’s First Minister Alex Salmond where we discussed a broad range of topics from Scotland’s ambitious renewable energy targets and North Sea oil & gas to Scottish independence and Donald Trump. In the interview, Alex discusses: Scottish Independence How Scotland will achieve its ambitious
Scotland Leader in Renewable Energy? Read More »
Conflicting Forces at Play with Oil Prices An Interview with Mike Shedlock As markets continue to yo-yo and commentators deliver mixed forecasts, investors are faced with some tough decisions and have a number of important questions that need answering. OilPrice.com was fortunate enough to speak with the award winning economic commentator Mike “Mish” Shedlock. His blog: Mish’s
Oil Prices- Where Now? Read More »
The children of Fukushima. The Fukushima Prefecture Health Management Survey revealed that 13,460 children, or 35.3 percent, had thyroid cysts or nodules up to 0.197 inches long growing on their thyroids and 0.5 percent of the children had growths larger than 0.197 inches. Seventeen months after the earthquake and tsunami that destroyed the Tokyo
Fukushima – Local Children Unwitting (and Involuntary) Radioactive Guinea Pigs Read More »
Things Are About to Get Much Worse for Energy Firms in Argentina – Interview with Sam Logan Angering Spain by seizing and nationalizing a majority of Repsol’s shares in YPF and ramping up the rhetoric over the Falkland Islands as exploration deals promise to make the territory a major oil player overnight, Argentina is making
Things Are About to Get Much Worse for Energy Firms in Argentina Read More »
