It’s hard to believe how North America’s oil and gas industry—a conservative bastion—has been turned upside down in such a short period of time. And it’s all because of the Shale Revolution. Look at pipelines. They cost billions, take years to plan, get approvals, sign up committed customers with take-or-pay...
Flying into Erbil is deceiving. This capital city of semi-autonomous Kurdistan province in Iraq has a modern but very small airport-not what you would expect, by western standards, for a capital city of nearly 1 million people. And the flat rocky desert surrounding the airport makes you think you...
What will happen to junior natural gas stocks in Canada on Monday, following the Canadian government's denying Malaysia's Petronas bid to acquire Progress Energy (PRQ-TSX)? A couple days of mild downside is my guess.  Don't get me wrong-Progress itself will be down 30% or more (the only good news here is that it's...
International oil plays have produced some big wins in the junior energy markets in 2012. This year alone, companies like Mart Resources (MMT-TSXv) and Africa Oil (AOI-TSX) were huge wins for risk-tolerant investors (Africa Oil—a 10-bagger). I’m trying to stretch my political risk comfort zone by flying into Kurdistan—in northeast...
By guest contributor Jen Alic Jen Alic is a geopolitical analyst and consultant based in Sarajevo, Bosnia-Herzegovina, and the former editor-in-chief of the Zurich-based ISN Security Watch. -------------------------------- Albania’s Albpetrol Goes to Highest Bidder in Geopolitical End Game Shareholders in Canadian-owned Bankers Petroleum (BNK-TSX) have profited from two huge runs in the stock since they...
When will electricity producers in the US switch over from using natural gas back to coal? It’s an important question this week as natural gas prices are breaking out above their recent low trough in the $2.60/mcf-$3.10/mcf (million cubic feet) range. Electricity producers in the US decide natural gas prices in North America. ...
Can shale oil and gas carry the U.S. to energy independence? The short answer is no, says Credit Suisse (CS) in a September 7 report, but North America as a whole could be energy self-sufficient. CS hangs their thesis on 4 key pegs: 1. Flow rates from oil wells about 25% higher than now,...
North American drivers are now competing with global drivers — and global industry — for cheap American crude. I went on FOX National Business News to explain why that is (click the link at the end to watch the interview.) For starters, keep in mind that driving gasoline is 50% higher...