Tuesday, June 26, 2012

DailyMarkets.com - No Peak Oil In Sight: We’ve Got An Unprecedented Upsurge In Global Oil Production Underway

DailyMarkets.com - No Peak Oil In Sight: We’ve Got An Unprecedented Upsurge In Global Oil Production Underway


No Peak Oil In Sight: We’ve Got An Unprecedented Upsurge In Global Oil Production Underway

Posted: 26 Jun 2012 07:01 AM PDT

The global oil boom underway represents the most significant increase in any decade since the 1980s.

In the tradition of resource economist Julian Simon, here are some of the conclusions and predictions from new research just published by Harvard Research Fellow Leonardo Maugeri, titled “Oil: The Next Revolution; The Unprecedented Upsurge of Oil Production Capacity”"

1. Contrary to what most people believe, oil is not in short supply and oil supply capacity is growing worldwide at such an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Markets In Everything: Solar Coke Bottle Lights

Posted: 26 Jun 2012 05:58 AM PDT

Used plastic Coke bottles are now transforming the rural neighborhoods of Manila, Philippines. Homes there are often built so close to each other that they have no windows or natural light, but now affordable “solar Coke bottle lights” are being installed in roofs to provide an overhead “solar light bulb” inside the home. With electricity unaffordable or unavailable for many Philippine families, they use to have to work, do chores, and eat in near darkness.  Now there is light, thanks to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Gold May Fall As Crude Oil, Copper Rise On Firming US Economic Data

Posted: 26 Jun 2012 02:00 AM PDT

Talking Points

Crude Oil, Copper Follow S&P 500 Futures Higher Before Richmond Fed Print
Gold and Silver Vulnerable if Firmer US Data Scatters Hopes for QE3 Effort

Commodity prices are little changed in early European trade but directional conviction may pick up as Wall Street comes online. All eyes are on the Richmond Fed gauge of manufacturing activity as traders hone in on June survey data for a timely gauge of where the world's top economy stands after two difficult months in April … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks See Triple-digit Loss To Start Week

Posted: 25 Jun 2012 03:00 PM PDT

06/25/12 Stocks posted big losses for the second time in three sessions on doubts Europe would find a solution to its debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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