Financial Sense Newshour on Energy
Evelyn Browning Garriss: Volcanic Debris in the Arctic Will Create Colder than Average Winter in North America
Extreme Cold Fronts this Winter will mean Increased Energy Demand in the US
Jim welcomes back Evelyn Browning Garriss, Editor of The Browning Newsletter. Evelyn discusses the volcanic eruptions in the Arctic air mass over the last two years, and how the result has been a very cold and turbulent polar air mass that will be moving south as winter approaches.
Keith Schaefer: EOG’s New Fracking Technique Is a Game-Changer
The Sweet Spot Is in Mid-Cap Energy Stocks
Jim welcomes Keith Schaefer, Editor and Publisher of Oil & Gas Investments Bulletin. Keith discusses a new fracking technique developed by EOG Resources that allows wells to produce high initial production that lasts much longer than current fracking techniques.
Kirk Sorensen: China Leads the World in the Development of Thorium Energy
A Nuclear Renaissance Was Underway Until Fukushima
Jim welcomes back Kirk Sorensen, founder of Flibe Energy, which is devoted to the design, development, manufacture and operation of liquid-fluoride thorium reactors. While the US recession has slowed the growth of electricity demand, Kirk notes that the US is beginning to retire old coal and nuclear plants.
Jim Puplava’s Big Picture: Why I Changed My Mind on Hyperinflation
Also, “Around the World With the LEI’s”
This week on the Big Picture, Jim’s first topic is “Why I changed my mind on hyperinflation”. Jim covers the last decade with oil going from $10 to $150, and gold zooming from $250 to $1900. However, the great financial crisis of 2008 changed the landscape. Jim is now moving toward the disinflationary camp...
Technician David Nicoski: It’s a Teflon Market - No Significant Corrections Ahead
Also, Ryan Puplava with the Market Wrap-Up, Rob Bernard on Fixed Income, Erik Townsend on Commodities, and the Market’s Bill of Health
Jim welcomes back David Nicoski CMT, Director of Research at Vermilion Technical Research, LLC. Dave sees no significant corrections ahead, just healthy backfilling and more frequent rotations...
Jeff Rubin: The Downside of Higher US Energy Exports
Why the Fed’s Efforts Are Putting the US Economy at Risk
Jim welcomes back economist Jeff Rubin, author of The End of Growth. Jeff and Jim cover a number of topics, including the downside of higher US energy exports. Jeff notes that with increased domestic oil production the price to US consumers should come down, but...
Kurt Wulff: The Big News in the Shale Play – Eagle Ford, Bakken, and Permian
U.S. oil production increased by 1 million barrels a day the last two years, will increase by a million the next two
Jim welcomes back Kurt Wulff CFA, Independent Energy Analyst at McDep LLC. Kurt sees the U.S. having the biggest impact on the global economy in energy, discovering nearly a new Alaska of shale every year...
Higher Oil and Gas Prices Are Here to Stay
Peak Oil is a function of production cost: at $25 you get no oil; at $60 more oil; $100 is what we have today
Jim welcomes energy chemical engineer Robert Rapier, Chief Technology Officer and Executive Vice President at Merica International. Robert isn’t buying the promise of U.S. energy independence, and expects shale to play a role for only another 2-3 years...
Charles Hugh Smith: Healthcare, Education Cartels Devastating Our Economy
The Federal Reserve Is a Power-Seeking Institution, not an Organization of Scientists
Jim welcomes Charles Hugh Smith, writer of the popular blog, Of Two Minds, which covers an eclectic range of timely topics on finance, housing, Asia, energy, long-term trends, social issues and health & fitness....
Rep. Matt Shea: Bifurcation of Economic Freedom Emerging in the US
Environmental Movement Strangling the Natural Resource Industry in Washington State
Jim welcomes Matt Shea, a State Representative from Washington. Matt discusses the divisions of economic freedom and opportunity emerging throughout the country, due to government policy.
Louis-Vincent Gave: Energy and Manufacturing Renaissance Coming to the US
The Two Dominant Economies in the Next Decade Will Be China and the United States
Jim is pleased to welcome back Louis-Vincent Gave, CEO of GaveKal in Hong Kong. Louis-Vincent and Jim discuss a number of long-term macroeconomic themes that will unfold in the years ahead. Louis-Vincent sees China and the US as the two clearly dominant economies in the next decade, but notes that China’s growth will be slower in the future, given it’s much larger economy. He also discusses the coming internationalization of the Chinese currency, the Renminbi, and how it will soon be a tradable currency. Another important theme that Louis-Vincent discusses is the energy and manufacturing renaissance coming to the US in the years ahead, and the critical role that robots will play in the future of manufacturing.
Joseph Dancy: A Fundamental Mismatch in Supply and Demand Explains High Oil Prices
The Supply Deficit Is Made Up From Inventories
Jim welcomes back Joseph Dancy, Adjunct Lecturer of Oil & Gas Law, Southern Methodist University, and Manager, LSGI Technology Venture Fund L.P. Joe discusses the energy market from a supply and demand perspective. From an investor’s standpoint the bottom line is that global demand growth for crude oil is relentless. Supply is falling short of demand even without any additional production disruptions. He also adds there is little spare capacity, given production disruptions in Libya and Iraq. Joe also notes that China will replace the US as the world’s largest oil importer later this year. Joe believes privately owned reserves in the ground, in politically secure areas, should increase in value – and reward shareholders.
Jim Puplava’s Big Picture: The Trade of the Century
Jim Puplava and Erik Townsend Take a Fresh Look at Peak Oil Investing
In a special edition of the Big Picture this week, Jim is joined by Erik Townsend to look at today’s energy backdrop, the implications of Peak Oil and the Petro Business Cycle, and how these themes will affect the energy markets in the future. They also discuss the Shale Oil revolution and if it will really lead to energy independence for the US. Jim and Erik also discuss ways investors can play these themes.
Kurt Wulff: Smaller Cap Shale Oil Stocks the Place to Be This Year
Oil industry still driven by the wildcatter
Jim welcomes Kurt Wulff CFA, Independent Energy Analyst at McDep LLC. Kurt notes that the large cap oil stocks have not been the play this year. Instead, the smaller cap stocks, particularly in shale oil and gas, have done better. Kurt did note that shale oil production is not economic below $60 a barrel. In discussing the wave of recent discoveries, Kurt said the independents are the innovators and risk-takers, and shale oil is really a “wildcat story”. He also advised all energy investors to diversify their holdings among large, mid and small cap stocks, as well as royalty stocks, because you never know which sector will be the one to outperform.
Jim Puplava’s Big Picture: On The Record
John interviews Jim in this Month’s Edition of On The Record
In this segment of the Big Picture, John interviews Jim in this month’s edition of On The Record. Jim and John cover a range of topics, including why bad news sells, why Jim isn’t writing articles for the website, why Jim thinks there is no hyperinflation on the horizon. In other issues, Jim discusses his views on the Petro Business Cycle, as well Peak Oil. Jim also discusses how he and his team selects dividend-paying stocks. He and John also discuss why they no longer produce a summer conspiracy program. He also addresses the fears investors have about getting back into the market after the traumas of 2000 and 2008. Last, but certainly not least, Jim answers your Q-Calls this segment.
John Hofmeister: Politics Raising the Cost of Energy in the US
Alternative energy has possibilities, but it’s not the silver bullet
Jim is pleased to welcome back John Hofmeister, former president of Shell Oil, and currently Founder & Chief Executive of Citizens for Affordable Energy. John discusses how politics in Washington is preventing the adoption of a rational energy policy, while raising the cost of energy for US consumers and businesses. He discusses the dramatic advances in technology within the energy industry. John explains how these advances can lead to the creation of many high-paying jobs, more government tax revenue, and cheaper energy for US consumers and businesses, while still protecting the environment.
Meredith Whitney: The New Geography of American Prosperity
A demographic shift based on low taxes, business-friendly regulation, and cheap energy
Jim welcomes Meredith Whitney, CEO of Meredith Whitney Advisory Group LLC. Meredith and Jim discuss her new book, “Fate of the States: The New Geography of American Prosperity”. She sees central corridor states like South Dakota, Texas and Colorado becoming the new growth engines of the US economy, while states with large debt and high taxes, such as California, will suffer much lower growth. The drivers of the new geography will be low taxes, business-friendly regulation, and cheap energy. It will look more and more like a “tale of two economies”.
Kurt Wulff: Energy Stocks Still Undervalued - Natural Gas Has the Greatest Upside Potential
Mid-Cap oil stocks are outperforming
Jim welcomes back Kurt Wulff CFA, Independent Energy Analyst at McDep LLC. Kurt believes energy stocks are still undervalued, with European energy equities offering the best value of attractive P/E ratios and higher dividends. He mentions that the best way to play shale oil & gas is with the small to mid-cap companies. Kurt lists his favorite mid-cap as well as large-cap energy companies, and emphasizes the overall financial strength of the the energy sector companies.
Jim Puplava’s Big Picture: On The Record With Jim and John
Jim Answers a Wide Range of Investment Questions
In this month’s edition of “On the Record” Jim covers a broad array of investment questions, from gold and peak oil, to market corrections, interest rates and dividend stocks. Last but certainly not least, Jim answers your Q-Calls in this segment as well.
Jeff Rubin: Pipeline Politics Could Bring Tar Sands Shale Oil to a Halt
Higher energy prices on the way
Jim welcomes back Jeff Rubin, economist and author of the recently published book on oil, “The End of Growth”. Jeff discusses the issues of pipeline politics in Canada, and how environmentalists are trying to shutdown unconventional oil production by opposing pipeline construction. Jeff also notes the massive amounts of water required for fracking, and how the current drought in the US may curtail the use of fracking. Jeff also discusses major energy producers such as Suncor walking away from projects due to poor economics. For these reasons and others, Jeff sees higher energy prices on the way.