Weekend Edition: 2012 BP Energy Outlook 2030

February 5th, 2012 Category: Weekend Edition Leave a comment
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BP just released its Annual Energy Outlook 2030 which contains its projects for future energy trends. BP sees overall energy demand growing about 40% over the next 20 years.

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Weekend Edition: U.S. Reliance on Energy Imports in Decline through 2035

January 29th, 2012 Category: Weekend Edition 4 comments
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The EIA reported some good news last week: increased energy efficiency + increased domestic production of oil, natural gas and renewables will reduce U.S. dependency on

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Weekend Edition: Free Petrol with Every Snickers Chocolate Bar

January 21st, 2012 Category: Weekend Edition 6 comments
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That’s right, you’re not dreaming! There’s a promo going on in Saudi Arabia where you can get a free liter of gas for every chocolate bar you buy.

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Weekend Edition: Oil and Gas Drilling Reaches 5 Year High

January 15th, 2012 Category: Weekend Edition 8 comments
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The winter drilling season started with a bang this year as the number of rigs in the ground last week reached 83% utilization rate, a 5 year high as producers

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Weekend Edition: 2012 Oil Price Forecasts

January 8th, 2012 Category: Weekend Edition 15 comments
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Major investment banks are bullish on oil prices for 2012 citing a tight supply/demand situation thanks to increasing oil demand from emerging markets.

Goldman Sachs maintained its 2012 price forecast of $120 a

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Weekend Edition: Happy New Year!

December 31st, 2011 Category: Weekend Edition 6 comments
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I would like to wish you all a prosperous year for 2012 but above all a healthy one (Health over money any-time as in my opinion this is what true wealth is about). It’s been slow on

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Weekend Edition: Get Ready for a Challenging 2012

December 18th, 2011 Category: Weekend Edition 6 comments
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Even though 2011 will soon be behind us, I look towards 2012 with reservation because the challenging economic environment will continue into the New Year. The ongoing crisis in Europe, the upcoming

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Weekend Edition: Oil to Rule Unchallenged by 2040 – Exxon

December 10th, 2011 Category: Weekend Edition 12 comments
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According to Exxon, America’s largest energy company, oil will remain the world’s largest energy source by 2040 accounting for 32% of global demand vs. 34% in 2010. This is after

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Weekend Edition: Goldman sees 2013 WTI OIL at $126

December 3rd, 2011 Category: Weekend Edition 8 comments
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Here we go again, the latest price forecasts for oil are out and they aren’t pretty. Goldman Sachs is predicting WTI oil at $126 per barrel and Brent Oil at

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Weekend Edition: Print or Die Already

November 27th, 2011 Category: Weekend Edition 10 comments
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At last week’s Montreal Investment Conference, I spoke with several mining companies who pretty much shared the same sickening feeling regarding the ongoing European debt drama. I sensed a deep level of annoyance and

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