Oil Market Summary for 06/21/2010 to 06/25/2010 Crude oil prices surged ahead more than 3% on Friday as the first Atlantic tropical storm of the season began brewing in the…
Unconventional gas – pockets of underground natural gas found in hard-to-reach places – comes from several sources, coalbed methane (CBM) and tight gas sands among them. None, however, are raising…
Pursuing an energy-only bill in the US Senate this year does not preclude the possibility of putting a price on carbon in the future, renewable energy advocates said, even as…
It has come to this: under pressure from the international community for its handing of the violence in southern Kyrgyzstan, the provisional government in Bishkek is blaming the media. Officials…
$12 billion is 1.1% of $1.127 trillion. These are important numbers. And the gap between them is even more critical. According to testimony by U.S. Treasury Secretary Tim Geithner before…
WMR's sources on the Gulf coast report that BP Security personnel are being augmented by off-duty Alabama state troopers and G4S Wackenhut private security guards. The BP Security personnel ensure…
The rapidly-emerging leadership challenge to Australian Prime Minister Kevin Rudd resulted, in the morning of June 24, 2010, in Mr Rudd refusing to contest the challenge from Deputy Prime Minister…
The focus of growth in renewables is likely to flip from wind to solar, as the falling price of the technology and equipment make it more competitive with other renewables,…
If you want to get a preview of what an electric power utility of the future looks like, take a look at the old Florida Power and Light, which has…
It may not approach the scale of the great battleship race between Britain and Germany that preceded World War I, but a naval build-up is currently and quietly taking place…
Despite all the talk that foreigners (China, Japan, et al.) will flee U.S. government bonds, the market remains stubbornly buoyant. Last week we got the latest numbers on foreign buying…
The gulf oil spill is bad but it could become much, much worse and soon. The threat is a hurricane moving over the spill. If a hurricane’s violent winds track…
Demand for both oil and natural gas should increase steadily over the medium term, but will be stronger in China, India and the Middle East than in the industrial countries,…
FedEx founder and CEO Fred Smith, an ex Navy pilot who I admire enormously, was on Capitol Hill yesterday lobbying for electric cars. In 2009, the US spent $188 billion…
Reports from Harbor Intelligence's aluminum outlook conference in Chicago this week suggest that Credit Suisse and Glencore are close to the launch of an exchange-trade fund (ETF) back by physical…
Historians may well look back at the sinking of the South Korean corvette Cheonan in March 2010 as a turning point in China’s relations with Asia and the wider world.…
OK, I can’t stand it anymore. After staying out of the agricultural sector for the past six months I’m going back in. I’m not betting the farm, mind you. I…
Bad news concerning the Gulf oil disaster continues to come from WMR's federal government sources in the Federal Emergency Management Agency (FEMA) and the US Army Corps of Engineers. Emergency…
Sometimes pictures really are as valuable as the old saying suggests. Going through my e-pile this week, I was struck by the image below from the Baker Institute. The picture…
The great game among hedge funds now is to find the babies that have been thrown out with the bathwater because of the Gulf oil spill disaster. The halving of…