Cutting-Edge Technologies Will 'Green' Fracking: Keith Schaefer

Fracking in the U.S. is here to stay, affirms Keith Schaefer, editor of the Oil & Gas Investments Bulletin. North American business is dependent on cheap energy, and even energy utilities are switching from coal to natural gas. Although environmental concerns remain, the industry has incentive to do the right thing, says Schaefer. In this exclusive interview with The Energy Report, Schaefer profiles service companies that are using cutting-edge technology to make fracking safer, greener and cheaper.

The Energy Report: Keith, considering that natural gas prices are still near all-time lows, can you still argue that fracking has improved North American energy markets?

Keith Schaefer: In just a few short years, fracking grew the supply of natural gas way ahead of demand. The price of natural gas fell from $89/thousand cubic feet (Mcf) to $2/Mcf! Natural gas is the low-hanging fruit for the energy sector and for consumers. Cheapened feedstock provides a huge boom for American business. Continue reading "Cutting-Edge Technologies Will 'Green' Fracking: Keith Schaefer"

This Week In Grain

Published by senior broker, John Payne, This Week in Grain (T.W.I.G.) is a weekly grain and oilseed commentary newsletter designed to keep grain market participants on the cutting edge, so they can hedge or speculate with more confidence and precision. T.W.I.G is designed for those needing a weekly road map for the grain markets in order to stay better informed and educated. Readers will find John Payne’s combination of passion and knowledge of the grain markets will bring a new outlook and attitude to the individual goals every participant wants to accomplish. Continue reading "This Week In Grain"

Caveat Emptor: Facebook Shareholders May Get 'Zucked'

A new term was introduced into the financial lexicon recently, to get 'Zucked'. The term was coined by investors in the Facebook (FB) IPO. Participants in the IPO have brought legal action against the company stating they were misled. The U.S. Senate Banking Committee has vowed to investigate assertions by investors they were hoodwinked. The stock is down over 27% since the IPO.

There have been several articles written in regard to these developments so I won't rehash the details. Suffice it to say, copious amounts of Facebook shares were sold at the high end of the price range. This maximized the windfall for CEO Mark Zuckerberg and other insiders and fashioned a far-fetched valuation for the company. Nevertheless, Facebook devotees argue that the company will eventually validate its sky-high valuation by leveraging its enormous user base and colossal amount of data collected. Continue reading "Caveat Emptor: Facebook Shareholders May Get 'Zucked'"

Facebook's IPO Do-Over, This Time At $32

Clearly, Facebook's (FB) $38 IPO was a bust (because the price dropped). So, the "market" took matters into its own hands. First, it tossed out the Morgan Stanley (MS), Goldman Sachs (GS) JPMorgan Chase (JPM) triumvirate's hype, dismissed Nasdaq's day-1 blunders and ignored investors' cries of "Foul!" Then, it focused on the real Facebook: A large, unique company with broad market appeal, a global brand name, and a potentially bright future.

So, what is the result? $32 is the market-determined IPO price. Continue reading "Facebook's IPO Do-Over, This Time At $32"

World stock markets sink on US, Europe worries

By Pamela Sampson

BANGKOK — World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.

The fall in European shares followed a sharp downturn in Asia where markets were also rattled by weak U.S. manufacturing figures.

The nervousness about Spain's banks comes as the European financial crisis intensifies. Continue reading "World stock markets sink on US, Europe worries"