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Is Now the Time to Get Back Into Copper?

I have been following Freeport McMoRan (NYSE:FCX) for about 30 years now, and it has long been one of my favorite companies, as it is one of the world's purest plays on copper. I followed it during the dark days when the red metal was trading in the basement at $0.70/pound, and liked it just as much when copper hit $4.75 in 2011. Another plus is that I know the senior management are regular readers of this letter. You can't exactly read about the copper market in Maxim, GQ, or Playboy.

Oil Spills: The Science Behind Cleanups!

As long as we continue to enjoy the vast benefits brought to our lives by our consistent utilization of oil, we will constantly be at periodic risk of experiencing the occasional, accidental oil spill.
All oil spills are bad, but logically those occurring near the coastline are potentially far more devastating, simply because of the vast animal and plant life placed in eminent danger! Coastal areas are home to far more concentrated and diversified populations of marine and land life than is found in the greater depths of the sea.

Global Warming - Are We Being Lied To?

Am I the only person concerned about the glaringly obvious inconsistencies regarding the information we are being fed on global temperature changes? Why am I hearing more and more respected climatologists warning us of a potential “Mini-Ice Age” approaching if the cooling trends of the earth’s atmosphere don’t reverse?
Yet at the exact same time, governments continue to push more and more “draconian” edicts supposedly intended to protect us from our own self inflicted, impending demise brought about by Global Warming?

Oil and the Environment - What are Oil Companies Doing to Clean up Their Act

The world continues to thirst for oil with in an ever increasing fervor, yet simultaneously struggles to fully grasp and appreciate the obstacles encountered by those who bring that oil to their local pumps.
There has always been a necessary trade-off when it comes to technology and industrial advancement, as in order to experience the many benefits modern society offers us, we have to agree to give up some portion of nature and accept a certain amount of environmental damage.

Climate Change: Clean Coal, Nuclear Energy or Simply Energy Savings?

On November 6, 2009 The World Coal Institute released its new report "Securing the Future - Financing CCS in a Post-2012 World." One revealing sentence on the website says “significant investments are needed in Carbon Capture and Geological Storage (CCS) to allow the technology to play its critical role in global efforts to address climate change” further stressing that governments have a central role to play, notably to finance this new technology that cannot be borne alone by the private sector.

Some Perspective on the Gulf of Mexico Oil Spill

Panic time, folks. News stories about impending environmental disasters. A couple of senators calling for hearings. The media calling it "Obama's Katrina". Time for that rarest of things, perspective.
1. Chance that a US operated Gulf of Mexico rig sinks and spills? A. 0.025% or 1 in 4000.
2. How much oil will this spill (worst case scenario)? A. 150,000 barrels.
3. How much is it leaking now? A. 5,000 barrels per day, although it sounds so much bigger when you multiply by 42 and put it into gallons.

16 Questions About the Gulf Oil Spill that Need Answering

The Gulf of Mexico oil spill is a national nightmare that seems to have no ending. Every day new details come out that are even more shocking than what we learned the day before.
The truth is that life will never be the same in the Gulf of Mexico or for those who live along the Gulf coast. Now Barack Obama has made a big Oval Office speech and has tried to convince all of us that he is in charge of the crisis.

Carbon Sequestration - Is burying Carbon Dioxide underground a realistic option?

Climate Change is having a great impact on global perspectives, which is leading Governments and Businesses to take a serious look at Carbon Sequestration (CCS.) This means that instead of drilling gases out of the bottom of the planet, there is now a push to capture carbon dioxide (CO2) from the gases discarded by industry and transporting and injecting it into underground geological formations.