Oasis Hong Kong Airlines is the 4th airline to file bankruptcy in the last week and a half. Read the full story at the International Herald Tribune here.
Archive for the ‘Peak Energy’ Category
4th airline in two weeks goes bust
Posted in Bankruptcy, Herd Mentality, Oil, Peak Energy on April 10, 2008 | Leave a Comment »
2008 Market Predictions for Macro Investors
Posted in Currencies, Energy, Equities, Federal Reserve, Fixed Income, Gold, Herd Mentality, Interest Rates, Liquidity, Natural Gas, Oil, Peak Energy, Resource Wars, Silver, U.K., U.S. on January 15, 2008 | Leave a Comment »
This is our “Market Predictions” post from January 17, 2007. Other than declining interest rates (what is Bernanke thinking!), we were spot on with:
Gold
Silver
Falling US dollar
Oil
Natural gas
Agricultural commodities
The only other sectors we should have added to this list are (i) desalinated water and (ii) clean and “cleaner” energy (such as solar, wind, geothermal, biomass). [...]
Global Coal Sales & Demand Booming
Posted in Energy, Peak Energy on November 26, 2007 | Leave a Comment »
November 26, 2007 (Bloomberg) – South Africa’s Richards Bay Coal Terminal, the world’s biggest coal-export facility, expects a 30-fold surge in sales to India this year, increasing prices for European power producers competing for supplies. The terminal shipped 7.3 million metric tons to India in the first 10 months, compared with 300,000 tons for the whole [...]
Posted in Energy, Oil, Peak Energy on November 13, 2007 | Leave a Comment »
“It took us 125 years to use the first trillion barrels of oil, and we’ll use the next trillion in 30.” — Dan Yergin
China Keeps Buying More Control of Resources
Posted in Australia, China, Energy, Natural Gas, Peak Energy, Resource Wars on September 10, 2007 | Leave a Comment »
September 7, 2007 (Bloomberg) WOODSIDE Petroleum’s proposed Browse liquefied natural gas project, should it proceed, may be worth as much as $12 a share for the oil and gas producer, the broker UBS said.The West Australian project, which on Thursday signed up China’s PetroChina as its first customer, encouraged UBS to raise its 12-month share [...]
