Oil Price Daily News Update
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- Cheaper Gas for your SUV, Wade through the Politics
- Why America’s Missing Out on the Billion-Dollar Global LNG Game
- Intelligence Report: Why Prospects of an Israel Iran Conflict Remain Low
- How the UK Could Receive 60% of Electricity from Renewables by 2020
- Gold Bugs – Keep An Eye On The Canadian Dollar To Keep Confidence
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Cheaper Gas for your SUV, Wade through the Politics Posted: 08 Apr 2012 08:06 AM PDT Gas will play a significant role in the November election in the United States, and though there has been a recent gain in biofuels that could lead to some progress at the pump very soon, most economists predict that prices will remain high throughout the summer.The average US consumer will be guided by a bombardment of gas-related campaign advertisements, which flaunt a number of misnomers on both sides. The consumer/voter might also consider that spending on gas represents only a small percentage of consumer spending: In January, for instance,…
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Why America’s Missing Out on the Billion-Dollar Global LNG Game Posted: 08 Apr 2012 07:59 AM PDT The fast-growing Liquid Natural Gas (LNG) market is creating serious wealth around the world. So who is profiting the most right now – and who will profit most in the coming years?In short, it’s Australia. The country is already the #4 exporter of LNG in the world. Seven new plants are in various stages of planning and development – That translates to roughly $200 billion in capital investment… and an enormous number of jobs.Now let’s look at the U.S. in the context of LNG. America as you probably know produces massive amounts…
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Intelligence Report: Why Prospects of an Israel Iran Conflict Remain Low Posted: 08 Apr 2012 07:55 AM PDT Global security concerns continued, in early April 2012, to be geared around the possibility of armed conflict between Iran and Israel, an issue hedged by a range of other conflicts and issues. The actual prospect of such a conflict, however, remained extremely low, for a variety of reasons, despite the near hysteria of media, and even poorly-reasoned reporting from “professional” intelligence agencies.The ostensible cause of the potential conflict remained the nominal determination of key Western states to ensure that Iran did not…
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How the UK Could Receive 60% of Electricity from Renewables by 2020 Posted: 08 Apr 2012 07:49 AM PDT This seemingly optimistic scenario is very much a possibility according to a report by WWF, so what will it take for us to get ahead of the game now and make it a reality? It’s 2030, and the UK is a world leader in green energy, sourcing more than 60% of its electricity from renewables. Given that the 2010 figure was just 7%, this may seem an unlikely scenario. Not so, says WWF, in a new report. Positive Energy argues that it is within the technical potential of renewables to meet between 60 and 90% of the UK’s electricity demand by…
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Gold Bugs – Keep An Eye On The Canadian Dollar To Keep Confidence Posted: 08 Apr 2012 07:42 AM PDT It hasn’t been the best of days for the gold bug community (of which I am proud to be a member). While we did open 2012 at $1564 — and thus are up around 4% year-to-date — the fear still persists, with rumors that the September 5, 2011 high of $1,920 is a top that will not be revisited for some time, if at all. The PDAC show revealed that our own industry was concerned about fundraising for future mining operations. Mainstream journalists like Joe Weisenthal are making fun of us.All those are contrarian indicators, of course, and the fact that…
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