Market Focus: Energy
- May 20 New Cold War: The “Putinization” of Uranium by Casey Research
- May 16 Putin’s Power Play - How It Will Change the Uranium Sector by Casey Research
- May 15 Who Wins from Rising Natural Gas Prices? by Robert Rapier
- May 15 The U.S. Dollar’s Impact on the Oil Price by Keith Schaefer
- May 15 Is Peak Oil to Blame for Riots in Syria? by FS Staff
- May 14 America’s Addiction to Foreign Uranium by Casey Research
- May 13 No Fuel Induced Swoon by Thomas J Smith CFA
- May 10 The Obama Administration’s Natural Gas Policy Is Tragically Misguided by Chris Martenson PhD
- May 01 The Key to Running the World on Solar and Wind Power by Robert Rapier
- Apr 30 OECD Study Forecasts Sharply Higher Global Crude Oil Demand by Joseph Dancy
Jim Puplava’s Big Picture: The Petro Business Cycle Equals The New Normal
In this segment of the Big Picture, Jim looks at how the price of oil has affected the economy and growth over the past three years, and how his concept of the Petro Business Cycle looks like it will be the “New Normal” in the years ahead. He also references recent interviews with oil experts Dr. Robert Hirsch and Dr. Oliver Inderwildi who concurred with his analysis on the Petro Business Cycle. Jim also answers your Q-calls in this segment of the program.
Dr. Oliver Inderwildi: Oil Price Volatility – A Fundamental Barrier to Economic Growth
Jim is pleased to welcome back Dr. Oliver Inderwildi PhD, Research Fellow at Smith School of Enterprise and the Environment, University of Oxford, UK. Dr. Inderwildi speaks to the high degree of oil price volatility over the past four decades, and its damaging and destabilizing effects on the global macro-economy. He discusses the main drivers of oil price volatility and how it has influenced both the level of inflation and the level of unemployment within economies affected by it. Dr. Inderwildi notes while there is no energy “silver bullet”, he discusses economic policies that could help prevent or minimize oil price volatility.
Dan Steffens: Natural Gas Prices Going Up
Jim welcomes Dan Steffens, the President of Energy Prospectus Group (EPG), a networking organization based in Houston, Texas. Dan publishes EPG’s newsletter, “The View From Houston”. Dan discusses his views on natural gas, and lays out the case for higher natural gas prices ahead. Dan and Jim also discuss the energy stocks, and Dan advises investors to look for companies that balance natural gas and oil production, and can switch back and forth as market conditions warrant.
Technician Shelley Moen: This Market Rally Has Legs - All Sectors Are Rising
Jim welcomes back Shelley D Moen CMT, Senior Market Strategist at Vermilion Technical Research, LLC. Shelley tells Jim that this is the best she has felt about the market since the bottom in 2002. She notes the Dow Theory buy signal, and believes this market has room to move higher. Shelley mentions that the Technology, Energy and Industrial sectors are all undervalued and very attractive at current levels. Also in this segment, Ryan Puplava has this week’s Market Wrap-up, Erik Townsend discusses commodities, and Rob Bernard has the Fixed Income Report.
Peak Oil Reports
- BP Energy Outlook 2030
- BP Statistical Review
- DoE: Critical Materials Strategy
- IEA Oil Market Report
- Oil: The Next Revolution (Harvard)
- Sustainable Energy Security (Chatham)
- The Oil Crunch (ITPOES)
- Shell Energy Scenarios to 2050
- Status of World Oil Reserves ($)
- The Next Oil Shock (NZ Parliament)
- The Export Capacity Index (ASPO-USA)
"Oil and natural gas are depleting resources. Investment in these areas will be important in the years ahead." — Jim Puplava
"...we passed the peak on December 16, 2005." — Kenneth S. Deffeyes