Greg Pinelli

As Russia Tests the Waters, Oil and Gas Showdown Looms

Methane is a minor player..as is the comment. Missile defense, of course, is nothing but a garbage toss by the politically obsessed. And..just what do YOU think Russia would give us that amounts to much? That was a rhetorical question..the answer is NOTHING.
Missile defense..as many things are with Russia..a marker of how committeed the West is to standing up to the Moscow thugs.

As Russia Tests the Waters, Oil and Gas Showdown Looms

There's no "disconnect" in Mr. Litle's assumptions at all. There can't possibly be a dramatic rise in oil prices and a great depression at the same time. Demand destruction would be too enormous..The scenario that's investible is beginning to play out and will take firm hold by Spring 2009. By then the flush of new liquidity and propping and paper pushing will be on a roll. What's very likely is everyone will start rushing back thru the door at the same time..just like they rushed out the door. What a surprise!
Because of the lag time in revving up production in oil and gas production new supply will be bid thru the roof....May 2009 oil @ $110..by July it's again around $140..and it won't be because of speculation..The story on nat gas is even better...It will by Fall 2009 start to be used on a much greater scale as a vehicle fuel..In fact, my guess is that the "saving" of the motor morons will be tied to this "enlightened" new approach.
Ethanol will also be back..but it will be from Brazil in the sugar based form..Corn will go back to what nature intended..feeding people and serving as a critical animal feedstock.

BP: Difficult Execution Worries Investors

A basically useless analysis...Russia is..and will continue to be...a very unpredictable and dangerous investment. They have geopolitical issues to pursue and extremely risky contactual reliability..In other words, the Western companies that have the know how are not committing to Russian development of resources because they are being screwed on deals.