It is estimated that Afghanistan contains reserves of natural resources, such as oil, gold, iron ore, copper, lithium, etc., which could be worth trillions of dollars, and offers hope for the future to many of the country’s poor villages which are situated near the resource deposits. The problem is that officials and industry experts are […]
Afghanistan’s Natural Resources Could Spark Civil War Read More »
Will John Fredriksen’s $11 Billion Gamble Pay Off? John Fredriksen, the shipping magnate worth $13.2 billion is one of the most powerful, respected, and even feared men in the global oil and gas market. He controls the world’s largest fleet of supertankers, the most valuable deep-water drilling company, and an armada of about 128 other
Oil Market Bottoming? Read More »
One of the first oil pipelines originated in the 1860s, when the Oil Transport Association constructed a wrought iron pipeline from an oil field in Pennsylvania to a railroad station 6 miles away. The pipeline was only 2 inches in diameter. Pipelines are generally more economical than shipping by railroad. But they have more regulatory hurdles. With the recent problems with getting approval for the Keystone XL pipeline, rail transportation has been growing.
Bad News for Pipelines – Good News for Rail 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 »
How is the Keystone XL Oil Pipeline Progressing? Four and a half years of studies and five failed votes in the House later, exactly where are we with the Keystone XL Oil pipeline? Stuck on the US-Canadian border where it is likely to remain until mid-2013 despite the headline-grabbing issuance of one of three permits to
How is the Keystone XL Pipeline Progressing? Read More »
OIL: Iran Hunting for Dragons in the Caspian Sea By. Daniel Graeber of Oilprice.com Iran announced this week that it’s made its first oil discovery in the Caspian Sea in more than 100 years. The semiofficial Fars News Agency reports the find, in ultradeep waters, may hold the equivalent of 7 percent of the country’s
Iran Finds Oil in Caspian Read More »
They say, “politics makes strange bedfellows” and nowhere is that more apparent than in the middle east. Oil and the massive investment returns it can bring can turn friends into enemies and enemies into friends in rather short order. Up until recently Turkey has been at odds with the Kurds in Northern Iraq but all that is
The Making of Kurdistan: Oil, Investment and a Turkish Gamble Read More »
Marin Katusa vs. Porter Stansberry on Oil Prices At the latest Casey Research conference, respected investment analyst Porter Stansberry stood at the podium and predicted that the price of oil will fall below US$40 per barrel within the next 12 months. Part of his reasoning revolves around the impact that the shale gas revolution has
By Vedran Vuk, Casey Research In the infamous case of the Goldman Sachs Abacus 2007 AC-1 fund, it doesn’t take a whole lot to figure out the wrongdoing. Paulson & Co., a multibillion-dollar hedge fund, helped select the mortgage-backed securities held by Abacus while at the same time, Paulson was planning on shorting it. This
The Pesky Details of Prospectus Disclosure Read More »
By Louis James, Casey Research Economic crises signal that the current system isn’t working as expected and needs improvement. When it comes to monetary systems, questioning their fundamentals can lead to doubts about whether the preferred medium of exchange will continue to be preferred for long. The large-scale whirlwind of economic trouble around the globe
Iran Says “Gold Is Money” Read More »
