Egypt, Take 3: No End to the Carnage

The Egyptian military had a great opportunity to remake the revolution on 3 July when it overthrew the moribund and definitely failed post-revolutionary Muslim Brotherhood experiment—but it has squandered that opportunity by resorting to sheer violence, and the interim government that has backed it will not recoup from the carnage. As of Sunday morning, at least […]

Will Moribund Uranium Prices Rebound?

Commodities prices are pretty much like the War on Terror—driven by fear. Since the 2011 Fukushima nuclear disaster in Japan, uranium prices have dropped sharply, and stayed there. Now, depending who you ask, uranium prices are poised for a nice rebound or they are doomed to a slow death. In order to predict the future […]

What Does the US Want in Egypt?

What the US wants in Egypt is what it failed to attain in Iraq—stability of the kind that assumes US control over the situation. In Iraq’s case, this meant control over one of the world’s biggest oil resources. In Egypt’s case it means a smooth ride for American foreign investment, a wide reach over one […]

Market Celebrates Egypt’s Coup, But It’s Not Over Yet

The situation in Egypt has not been tenable since the Muslim Brotherhood and President Mohamed Morsi took over, post-revolution, but now that the military has stepped in, ousted Morsi and placed him in detention, foreign investors are celebrating. No one knows what’s going to happen next, but the general consensus—at least for investors—is that things […]

Tesla: ‘False Profits’ and a Bullish Market

It’s been a great year for Tesla Motors Inc. (TSLA), which everyone’s eyeing for a takeover: the company’s stock is up 194% this year, it’s recorded its first ever quarterly profits, and it just paid off a government loan nine years early. It’s even earned itself the moniker “America’s fourth automaker”. Shareholders are ecstatic and […]

US Shale Revolution, Staggering Global Potential

The US may be the only country undergoing a shale revolution, but it doesn’t have the biggest shale oil and gas reserves in the world. The global shale oil and gas potential is a staggering 345 billion barrels of oil and 7.2 quadrillion cubic feet of natural gas, according to a new report from the US Energy […]

Wake-Up Call for Turkey’s AKP

Five days of protests in Turkey highlight the government’s horrific crisis mismanagement and serves as a wake-up call for the ruling party that was caught off guard, basking in its solidification of power and its progress towards becoming a major energy hub. The mass protests, which have now been joined by the 240,000-strong trade unions, were […]

US Natural Gas Exports, Slowly but Surely

While the hints over the past weeks have favored expanded US natural gas exports, the confirmation of Energy Security Ernest Moniz has delayed a final decision on the process, with 19 export applications on hold for more in-depth review. This has somewhat dampened the momentum following the Department of Energy’s (DOE) decision last Friday to […]

Shell to Spend $1bn in Iraqi Oilfield Development

As Royal Dutch Shell prepares to resume operations at Majnoon field in Iraq in May, the supergiant plans to invest more than $1 billion this year to bring production online. After having shut down last summer for maintenance and to build new production facilities, the Majnoon field will begin produced 100,000 barrels per day in May—a volume […]

Ethanol Mandate: Jumping the Gun in a Big Way

US consumers aren’t sure the ethanol math is adding up here as they prepare for this year’s new federal mandate—they’re also not sure whether it’s good for their car engines. To wit: This year, the use of renewable fuels must rise to 16.55 billion gallons, and this means more ethanol and more ethanol-blended gasoline for […]