Friday, December 31, 2010

Crude Oil on the Last Day of the Year

Lind-Waldock Strategist Richard Ilczyszyn discusses the energy futures markets. Topics covered: Energy Markets on the Last Day of the Year.

Thursday, December 30, 2010

Oil Could Push to $110: Charts

Dec. 30 2010 | It's "certainly possible" that the price of a barrel of oil will push above $100 a barrel, Daryl Guppy, CEO of Guppytraders.com, told CNBC Thursday. "Once you move above $100, then $110 is just clear freeway straight to that level," Guppy added.

Monday, December 27, 2010

Oil tycoon Khodorkovsky found guilty in second trial

Former tycoon Mikhail Khodorkovsky has been found guilty of stealing oil and laundering the proceeds. It's among the verdicts being delivered during his second trial in Moscow. The former head of the oil giant Yukos is already in prison for tax evasion and fraud.

Crude Oil Trades Near $92 a Barrel

Lind-Waldock Strategist Richard Ilczyszyn discusses the energy futures markets. Topics covered: Crude oil market analysis; Stock market analysis

Friday, December 24, 2010

Blowout: Is Canada Next ?



On April 20, 2010, BP's Deepwater Horizon rig exploded unleashing 5 million barrels of oil into the Gulf of Mexico. It has been nothing short of catastrophic, causing extensive damage to marine and wildlife habitat, as well as to the Gulf's fishing and tourism industries. In May 2010, Chevron began drilling Canada's deepest well off the coast of Newfoundland, begging the question: Could an oil spill of the same magnitude happen in Canada?

Blowout: Is Canada Next? , is a documentary that tracks the aftermath of the worst oil spill in U.S. history, and transposes the oil spill to Canada's Grand Banks. By documenting the latest scientific findings in the Gulf, Blowout: Is Canada Next? builds a picture of what an offshore drilling disaster would look like on Canada's East coast.

Just weeks after the Deepwater Horizon blowout in the Gulf, Chevron began drilling Canada's deepest oil exploration well off the coast of Newfoundland. Located 430 kms from shore, the Chevron well is twice as deep as BP's Deepwater Horizon well, six times further out to sea, and in much rougher seas. In the event of a blowout, it would take 11 days for emergency response ships to even reach the spill. An oil blowout off the coast of Newfoundland would decimate the world's last remaining Atlantic cod fishery, along with several species of whales, seals, turtles, coral habitats and seabirds that feed in the basin. These rich and fertile seas are the backbone to Newfoundland's tourism industry. An oil spill would create dead zones within the ocean and potentially devastate this economic mainstay that brings in over 1 billion tourist dollars annually.

Canada has entered the race to drill oil in deeper and deeper waters, but safety procedures and cleanup techniques have not kept pace with the petrochemical industry's pursuit of oil. Is it only a matter of time before an oil catastrophe happens in Canada?

Thursday, December 23, 2010

Crude Oil & Energy Market Update 23 Dec 2010

Lind-Waldock Strategist Blake Robben discusses the energy markets, specifically the crude oil, natural gas and heating oil futures.

Wednesday, December 22, 2010

Crude Oil Rises for Fourth Day - U.S. Economic Recovery Could Fuel Demand

Lind-Waldock Strategist Blake Robben discusses the energy futures markets. Topics covered: Crude oil rises for fourth day; Energies higher, except for natural gas; China may buy some of Portugal's debt to stabilize the euro; Inventory numbers (expectations).



What is really causing Oil to go higher is the Elite thieves.. They will push oil to 200 a barrel... Get your wallet out, it's coming..

BP Oil Spill Victims Finally Receiving Payouts

BP oil spill claim checks finally start to arrive in Florida

Monday, December 20, 2010

Crude Oil Rallies on Strong Chinese Demand

Lind-Waldock Strategist Blake Robben discusses the energy futures markets. Topics covered: Energies rally on strong Chinese Demand; Cold weather in Europe; Technical analysis of energy futures markets; Buy the dip and enjoy the trip.

Friday, December 17, 2010

Crude Oil Rises on Strength of Economic Indicators

Lind-Waldock Strategist Richard Ilczyszyn discusses the energy markets, specifically crude oil futures.

Thursday, December 16, 2010

U.S. Sues BP Over Spill

The U.S. attorney general says it is suing BP and others over the massive oil spill in the Gulf of Mexico.

Wednesday, December 15, 2010

Tuesday, December 14, 2010

Fuel Prices Pumped Up

Dec. 13 2010 | Peter Beutel, president of Cameron Hanover, tells CNBC what's behind recent fuel price increases and whether he believes oil is properly priced.

Monday, December 13, 2010

Africa and Oil

The oil industry in Africa is indicted for causing massive environmental damage, for the role of oil money in propping up corrupt regimes and for disrupting the traditional livelihoods of indigenous people. Yet it is undeniable that oil production directly benefits the economies of many African countries. If growth is not to come from oil, are the critics of Big Oil saying that Nigerians and other countries should go back to the land and develop less? Speakers in this debate include: Dara Akala Living Earth Foundation; Barnaby Briggs Shell; Joseph Hurst Croft Stakeholder Democracy Network and Dipo Salimonu Ateriba Africa Confidential.

Friday, December 10, 2010

Crude Light Ahead of OPEC

NEW YORK (TheStreet) -- Crude oil is slightly off on light volume ahead of OPEC's meeting. Ray Carbone of Paramount Options does not expect big year end moves.

Wednesday, December 8, 2010

Historic deal signed over Sudan oil

One of the major sticking points in the upcoming referendum on south Sudan's secession from the north is the future of Abeyi, an oil-rich border region which both sides want to control.

Solving the dispute temporarily, a deal to postpone the decision over who controls the nation's oil wealth has been postponed.

But as Al Jazeera's Anita McNaught reports from Juba, this could spell future difficulties for the country.

Tuesday, December 7, 2010

Oil: closes at $ 88.71

NEW YORK, Dec. 7 - Closing down for oil in New York, where prices loses 0.8% to $ 88.71 a barrel.

Friday, December 3, 2010

The Return of $100 Oil?

Dec. 3 2010 | Is oil heading back over $100 and does that threaten a fragile economic recovery? Insight with Dan Dicker, independent oil trader; Peter Beutel, Cameron Hanover and CNBC's Sharon Epperson.

Thursday, December 2, 2010

Where is Crude Oil Headed?

Dec. 2 2010 | A look at where crude Oil is headed, with Addison Armstrong, Tradition Energy; Peter Costa, Empire Executions and CNBC's Sharon Epperson.

Energy Secretary on Offshore Drill Ban Extension

Dec. 2 2010 | The US will uphold a ban on offshore drilling for seven years in key areas, including the eastern part of the Gulf of Mexico, until stronger safety measures are put in place. US Energy Secretary Steven Chu discusses this and more with CNBC.

Wednesday, December 1, 2010

Gold, Oil, Copper All Higher as New Month Begins

Gold and oil both are advancing Wednesday as the U.S. dollar backed away from its highest levels in two weeks ahead of European officials meeting on Thursday to work on steps to keep the region's debt problems from further spreading. Copper also is higher.

Gold, in particular, has benefitted in recent days from Euro-Zone uncertainty as investors sought out presumed safe havens. At last look, February gold was up $11 to $1397.10 an ounce, the first time in more than two weeks that the yellow metal has approached the $1,400 mark.

The front-month crude oil contract is $1.27 higher at $85.37 a barrel, climbing past Tuesday's settlement price after earlier sinking to a low of $83.63 yesterday afternoon, soon after the end of the NYMEX floor session. Brent crude has followed roughly the same path in London trade overnight, with the January contract up 1.6% to $87.30 a barrel.

Copper is rising this morning after faster-than-expected manufacturing growth in China and increasing U.S. consumer confidence boosted the outlook for the global economy. The gain is boosting diversified miners, with BHP Billiton (BHP) and Rio Tinto (RIO) both climbing more than 2% in Wednesday pre-trade.

One possible limit on industrial metals today, however, could be warnings from a senior executive of JFE Steel Corp. that steel inventories in Japan are too high after an industry report this morning showed that steel stocks hit a 22-month high of 6.53 million tons at the end of October.

Tuesday, November 30, 2010

Oil Prices to Climb to $90 a Barrel in 2011 says Neil Beveridge,

Nov. 29 2010 | Neil Beveridge, senior oil analyst at Sanford C. Bernstein, sees oil prices at $90 a barrel in 2011 and $102 in 2012. He speaks to CNBC's Bernard Lo about the demand picture for oil going forward.

Monday, November 29, 2010

Oil 2011 Outlook

Nov. 29 2010 | A look at why oil is the highest conviction commodity trade, with John Stephenson, First Asset Investment Management.

BP Selling 60% Stake in Argentina Producer

FBN's Connell McShane on BP selling its 60% stake in Pan American Energy.

Sunday, November 28, 2010

Oil boom in North Dakota

North Dakota's oil boom has transformed the state's economy - but it is a mixed blessing for local communities.

Saturday, November 27, 2010

It is all about OIL

After years of waiting, Iran has switched on its first nuclear power plant. The country's atomic chief says the Russian-built Bushehr reactor will soon begin pumping electricity to Iranian cities. For more insight, RT talks to journalist Afshin Rattansi.

Friday, November 26, 2010

Oil price down 25 cents to $ 83.61 per barrel

Oil prices declined today on electronic markets in Asia, with the crude duty pay for the crisis triggered by some European countries (Ireland, Spain, Portugal) and which, according to analysts, could have an impact on oil demand. The barrel for delivery in January, is trading at 83.61 cents, down 25 cents (-0.3%) on the Singapore market than yesterday. But no comparison with U.S. markets closed yesterday for Thanksgiving.

Crude Oil potential in Iran and Iraq

MME examines the true oil potential of two of the Middle East's most volatile oil and gas producers.

Thursday, November 25, 2010

BP Oil Spill Incident Commander Killed in Plane Crash



Jim Black, a BP incident commander for the company's Gulf of Mexico oil spill response team, died in a small plane crash near Destin, Fla., on Tuesday night, the company confirmed.

"Jim was a devoted member of our Gulf Coast spill response team and served many years with Amoco and BP. He will be missed by all who knew him and worked with him. Jim and his family are in our thoughts and prayers."

The Coast Guard said the small plane crashed Tuesday about 7:30 p.m. in Choctawhatchee Bay.

Black, whose job at the oil giant was director of operations for the Gulf Coast Restoration Organization, spent a lot of his time during the past several months in and around New Orleans. His work as incident commander for the oil spill response took him to the Joint Incident Command Center in Robert, to another operations center in Houma and often to New Orleans.

He lived in Katy, Texas, and was heading to Destin for the holidays with his sister, Charlene Miller, and the plane's pilot, Gregory Coleman of Cedar Park, Texas. Miller was Coleman's mother-in-law.

Wednesday, November 24, 2010

6 Natural Gas Stocks for 2011

NEW YORK (TheStreet) -- Dan Dicker, senior contributor for TheStreet, argues why he thinks 2011 will be the year for natural gas and reveals his top stock picks.

Tuesday, November 23, 2010

GE Arranges $150M Credit Facility for Oil and Gas Exploration

"GE Energy Financial Services, a unit of GE (NYSE:GE), served as the lead arranged for a $150 million senior secured credit facility to enable a Border to Border Exploration LLC subsidiary in oil and gas exploration throughout Texas.

The private oil and gas exploration company will develop acreage across Tyler, Polk and Jasper counties in east Texas.

Matt Telfer, Border to Border Exploration's CEO said, ""The financing that GE Energy Financial Services is providing will help us accelerate our drilling program, employing operational innovations acquired while drilling over the past three years, We have concentrated on the most oil-prone part of the trend and expect high-volume, naturally flowing wells with rapid payouts.""

The initial borrowing base is set at $55 million.

General Electric closed 1.68 percent lower at $15.76."

Sunday, November 21, 2010

Oil War - Nigeria

At the Delta of Niger River in Nigeria, where a vast proportion of planet's oil is excavated, bomb attacks, abductions and murders form part of daily routine. Nigeria's lucrative oil reserves may have enriched its politicians but they've brought little but misery to ordinary people. Now, a rebel group is fighting for a share of the profits. Nigerians no longer expect help from their own government. It's militia leaders like Asari who are winning their trust.The documentary portrays the image of "development", the way giant multinational petroleum companies would define it. Petroleum leaks in the River destroy flora and fauna, poison the food chain and consequently wipe out the 27 million indigenous people of the area - the Ijaws, the Ogoni and the Itsekiris. The inhabitants dare to ask the self-evident, they demand an end to it. As a response they are massively and brutally attacked by special forces of the army and the police, which are armed by the oil companies. The camera meets at the river militia of the Movement for the Emancipation of the Niger Delta-MEND- and presents to the world for the first time shattering images of their speed boat patrols and of their heavy weaponry.

The Delta of Niger is a lost paradise. As the documentary reveals, it is a place where despite the natural beauty, contemporary "globalized" hell prevails.

Peak Oil

September 2006
Is the age of cheap oil about to come to an end? According to many experts, we are about to reach the point of "peak oil" -- the level at which supply can no longer keep up with demand. This, say the doomsayers, could send economies spinning into turmoil and up-end our comfortable, urban lifestyles. But others claim predictions like this are simply scaremongering. They believe supply will match demand for decades to come. So who's telling the truth? 'Peak Oil' investigates.

Produced by ABC Australia
Distributed by Journeyman Pictures

Evan Smith Likes Oil, Mining and Agriculture Stocks

Nov. 15 (Bloomberg) -- Evan Smith, a portfolio manager at U.S. Global Investors Inc., discusses his investment strategy for commodities and some of his stock holdings including CF Industries Holdings Inc. and Massey Energy Co. Smith speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)

Friday, November 19, 2010

Inside the Pickens Plan

Nov. 17 2010 | Insight on shifting from diesel to natural gas, with T. Boone Pickens, BP Capital Mgmt.

Wednesday, November 17, 2010

T. Boone Pickens, Reducing Hunger For Oil

Nov. 17 2010 | Discussing his crusade to reduce national dependence on foreign oil, with T. Boone Pickens, BP Capital Mgmt.

Thursday, November 11, 2010

Jim Cramer : $100 Oil by Year End

NEW YORK (TheStreet) - - Jim Cramer believes crude oil will reach $100 by year end. It worries him.



Jim Cramer :...... China does have tremendous demand for oil but the world to Washington. So I mean just -- price doesn't reflect. How much there is for sale. We know that from nordic tankers in the world and so the prices artificially climate. Short term term it's gonna be higher.

And you don't have to adjust to that but right now does not being hampered and on and there should be big -- natural natural gas by the way.

At the pump what had. -- all these reservations but natural silly. But trucking companies who get immediate payback it would switch to natural trucks. Off and if -- switch to natural gas -- system so much natural -- You would at least -- real competitor oil and you wouldn't be sending dollars overseas. War. I noticed that describe it that that's gonna happen it will get -- its -- gonna be a lot of switching......

Wednesday, November 10, 2010

Monday, November 8, 2010

White House : Cost cutting didnt cause oil BP oil spill

White House : Cost cutting didn't cause oil BP oil spill
A White House panel chief investigating the oil spill in April says the BP did not compromise safety not to save money.
Al Jazeera's John Terrett reports.

Sunday, November 7, 2010

Wednesday, November 3, 2010

Petrobras CEO on The Economy

Wed. Nov. 3 2010 | Discussing the company's oil exploration plans and Brazil's new president, with Jose Sergio Gabrielli, Petrobras CEO.

Friday, October 29, 2010

BP Knew Gulf Rig Cement Mix Flawed

RussiaToday--October 29, 2010--An investigation into the Gulf of Mexico oil spill has revealed that BP and its contractor were aware of flaws in the cement mix used to build the rig. A US presidential commission says that could have caused the blowout. The report also claims four separate lab tests were carried out - but only one showed that the cement was suitable for deepwater drilling. The April rig explosion killed 11 workers and caused the worst environmental disaster in US history.

Wednesday, October 27, 2010

Israel Oil find fuels Mideast tension

Recently discovered oil reserves in the eastern Mediterranean look set to become the latest point of tension in the troubled region. At least four major competitors are staking their claim. Israel, Lebanon, Turkey and Cyprus all want a piece, but with no clearly defined maritime borders, the fight could be lengthy, bitter... and even bloody.

Monday, October 25, 2010

An Energized Oil Trade

Oct. 25 2010 | Commodity prices are storming higher, with Peter Beutel, Cameron Hanover.

Sunday, October 24, 2010

When will Peak Oil arrive? How will it effect us? and can Green Energy save us?

Peak Oil could arrive as soon as 2012 while others say by 2017. Its effects will be monumental and life altering. Can Green Energy counter falling Oil production? Energy Experts and Economists fear the consequences of Peak Oil. Watch and see what lies ahead for us?

Friday, October 22, 2010

Crude Oil is going up to $150-$200 a barrel: Lindsey Williams Predictions - Alex Jones 21/10/2010

Lindsey Williams, the guy who said oil would go to $140 a barrel in 2008 is back this time saying it's going to go even higher. I would give a lot of weight to what Lindsey Williams said, he has an exceptional track record.

Lindsey Williams reveals new bombshell information on the Alex Jones Show today. Williams, who has been an ordained Baptist minister for nearly 30 years, went to Alaska in 1971 as a missionary and because of the executive status accorded to him as Chaplain, he was given access to the information that is documented in his book, The Energy Non-Crisis. In 2009, Williams told Alex Jones about the plan by the global elite to sabotage the dollar, destroy the economy and America by 2012.
http://www.infowars.com/
http://www.prisonplanet.tv/

Kurt Nimmo
Infowars.com
October 21, 2010

Appearing on the Alex Jones Show today, Pastor Lindsey Williams provided further details on the ongoing plan by the global elite to destroy America, consolidate financial power, usher in world government, and reduce humanity to a slave class.




Gas prices will rise to between $4 and $5 per gallon in the next few months. Photo: Eden Picutres.




Lindsey Williams told Jones his source -- described only as a CEO in the Big Three Oil industry who traveled in Bilderberger circles -- is suffering from terminal cancer and "spilled his guts" to him on particular details of the globalist agenda now unfolding.

Pastor Williams said the world is now at a critical phase in the globalist takeover scheme and that within the next few months we will witness the following important developments.

Watch Russia and China

The globalists plan to use China and Russia to strangle America and Europe and eventually reduce both to third-world status.

Lindsey underscored the importance of a major oil export deal between Russia and China. "China reached a long-term deal to lend $25 billion to two Russian energy companies in exchange for an expanded supply of Russian oil, highlighting how the world's No. 3 economy is using its financial muscle to lock up access to natural resources," the Wall Street Journal reported in February. "Russia wants to secure customers and find a counterbalance to its dependence on Western Europe."

According to Williams, trade between Russia and China will be not be conducted using the world's reserve currency -- at present the U.S. dollar -- and this will further erode the value of the dollar and hasten its demise. In addition, the new trade will likely be used to bribe Europe into paying higher prices or possibly lose altogether its energy source provided by Russia.

This prospect become painfully obvious in January when Russia and Belarus failed to renew an agreement on crude oil export tariffs and a cut-off of oil threatened the European continent.

China is now the world's largest energy consumer, having just passed the United States. As China becomes the preferred globalist model for the 21st century, its need for energy will come into conflict with the west.

On October 19, the New York Times reported on China's aggressive stance on resources. "China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted some shipments of those materials to the United States and Europe, three industry officials said this week," thus exacerbating already rising trade and currency tensions with the West.
http://www.infowars.com/deathbed-glob...

Wednesday, October 20, 2010

Six Months Later Oil Victims Feel Abandoned

AssociatedPress--October 20, 2010--They listed to the promises in the wake of the BP oil spill that the Gulf would be fully restored. Six months after the disaster, many complain the oil company, and the rest of the country, has moved on.

Thursday, October 14, 2010

OPEC Oil Ministers Meeting

Thurs. Oct. 14 2010 | OPEC likely to leave production targets unchanged, with CNBC's Steve Sedgwick.

Tuesday, October 12, 2010

Government: Freeze on Oil Drilling Is Lifted

The Obama administration on Tuesday lifted the six-month moratorium on deep water oil drilling in the Gulf of Mexico that was imposed after the BP oil spill. (Oct. 12)

OIL & GAS MARKET