Tag Archives: oil

Dan Yergin says the global supply of oil and gas has risen in the last 20 years, defying the predictions of ‘peak oil’ theorists. — [VIDEO]

[Download this post to watch the video, if your feed reader does not show it.] Via MG.

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Frac gas exploitation pollutes drinking water. — [PAPER]

[...] evidence for methane contamination of shallow drinking water systems in at least three areas of the region and suggest important environmental risks accompanying shale gas exploration worldwide. – Methane Contamination of Drinking Water Accompanying Gas-Well Drilling and Hydraulic Fracturing. … Continue reading

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UK-based Cella Energy has developed a synthetic fuel that could lead to US$1.50 per gallon gasoline. (And there’s no carbon emission, as the fuel is made of hydrogen.)

- Breakthrough promises $1.50 per gallon synthetic gasoline with no carbon emissions. – Hydrogen-based fuel produces no greenhouse gases so could help nations slash their carbon footprint. – Cella Energy. Where is Mike Giberson when we need him?

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John Tierney won a $5,000 bet with Matthew Simmons.

“I called Mr. Simmons to discuss a bet. To his credit –and unlike some other Malthusians– he was eager to back his predictions with cash. He expected the price of oil, then about $65 a barrel, to more than triple … Continue reading

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Jim Rogers on commodities, the commodity bubble, gold, the gold bubble, crude oil, the crude oil bubble, China, the China bubble — etc.

Via Joe Weisenthal:

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Gold, US dollar, and inflation

Old video:

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Max Keiser says on Iranian TV that HubDub’s play-money prediction market on oil price has more predictive power than the oil derivative markets (oil futures markets).

Sounds like a stretch, at first glance, but listen to his argument, first, before you judge it. Good plug of HubDub inside an economic analysis segment. Video

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A good résumé, in the field of prediction markets, should mention and link to “Midas Oracle”, of course. You, too, could be part of the gang. Join us today.

Last year, nobody would give the first fig about a “Michael Giberson”. He was insignificant. Now, with the orbital price of oil, Mike becomes hot, all of the sudden. I hope he’ll mind some energy prediction markets, one day, when … Continue reading

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FOREIGN OIL DEPENDANCY: Will the next US president adopt T. Boone Pickens’ 10-year energy plan?

Would make a great long-term prediction market. – T. Boone Pickens’ Op-Ed – $$$ T. Boone Pickens – Video @ Market Watch – Pickens Plan .com T. Boone Pickens – Video – Some energy prediction markets listed at PPX. -

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The Case for Decrimininalization of Prediction Markets

[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading

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