Salient to Investors: Jim Rogers said: When investing, don’t follow the crowd Most government numbers are made up. China has problems with housing and inflation as the US did in the 19th century when it was growing rapidly. Every country that grows rapidly has problems. The US had recessions and
READ MORE... →Salient to Investors: Fareed Zakaria said: The fundamental rule of international relations is that as a country becomes powerful, others gang up to bring it down – viz the Habsburg Empire to Napoleonic France to Germany to the Soviet Union. The one great exception in modern history is the US,
READ MORE... →Salient to Investors: Jeremy Grantham writes: The world, in its reckless use of resources and natural systems, shows many of the indicators of potential failure that brought down many prior civilizations. However, we have two saving graces that may save us – declining fertility rates and progress in alternative energy.
READ MORE... →Salient to Investors: Asian state-owned oil companies are making inroads in the contest for East Africa’s energy reserves. Fields off Mozambique are estimated to hold enough gas to meet global demand for 2 years. Brett Olsher at Goldman Sachs said state producers have a national interest initiative to secure significant
READ MORE... →Salient to Investors: 4 of the biggest stakeholders in untapped deposits known as the Utica Shale in Ohio have put up all or part of their acreage for sale, as prices fall by a third in some cases. The flip-flop underscores the difficulties faced by even experienced drillers around the world
READ MORE... →Salient to Investors: Japan and India, Asia’s biggest energy consumers after China, are closer to unlocking natural gas deposits trapped in ice below the seabed that may prove bigger than the world’s known fossil-fuel reserves. Shale is found in only certain parts of the globe, carbon frozen with water – methane hydrates –
READ MORE... →Salient to Investors: Kevin McCarthy at Midstream/Energy Fund said: the industry will increase profit in 2013, as the drilling boom in U.S. shale fields creates a need for more pipelines, processing plants and compressor stations. the development of unconventional fields is a multi-decade process. his top investments are general partners because that way you get
READ MORE... →Salient to Investors: IEA Chief Economist Fatih Birol said: The U.S. will be the largest oil producer of the world around 2017, the largest producer for about five years starting about 2020, after which Saudi Arabia will become the biggest producer again by 2030. US oil imports will drop to 4 million
READ MORE... →Salient to Investors: The IEA said: The US will overtake Saudi Arabia as the world’s leading oil producer by about 2017 and will become a net oil exporter by 2030, and become all but self-sufficient in meeting its energy needs in about two decades. Global energy demand will grow between 35 and 46
READ MORE... →Salient to Investors: The IEA says natural gas will overtake oil as the most-used fuel in the US by 2030. Unconventional gas, extracted from shale and coal beds etc, will account for almost half of the increase in global output of the fuel by 2035. US production will rise 23 percent
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