“…the energy industry is entering a transformation period that likely will reshape traditional oil and natural gas supply-demand scenarios worldwide.” Oil & Gas Journal
Eagle Ford economics makes lots of sense at San Antonio
Thus in December China became the world’s largest oil importer (Financial Times). Astounding…
The oil price measured in DJIA:
Canadian Natural Resources (CNQ): “For 2013, the Board has approved a 19% dividend increase to C$0.125 per quarter, C$0.50 per share annualized. This will be the thirteenth consecutive year that the Company has announced an increased annual dividend distribution representing a compound annual growth rate of 21% over the period.”
Higher natural gas prices ahead, but not by much says Morgan Stanley.
Goodbye Winter Freeze Days – Natural Gas Demand Looking Ahead to Summer at RBN Energy.
Copper Market Prepares for a Flood: “Price of the Industrial Metal Has Plunged Amid Forecasts of the Biggest Increase in Output in 13 Years” Google the title for the story at the WSJ.
All you need to know about copper is in these three charts by BHP.
Updated Freeport Monthly Chart by Chess.
Coal Is History. Or Is It? Forbes
China Wants Nuclear Reactors, and Lots of Them at Business Week.
Commodities ‘supercycle’ will last another 15 years: JP Morgan at Mining.