Viewing articles filed under ‘Video’

How China Just Grabbed 90% of Ecuador’s Oil

by Dr. Kent Moors | published December 12th, 2013

I was a guest on Chinese national television last night. The discussion was via a live satellite link that had me sitting in a Pittsburgh studio with the feed traveling through their affiliate in Washington.

I’ve done this before. But this time the discussion was all about a subject I have been personally involved in.

It had to do with the big Chinese move into Ecuador – one that has given Beijing the upper hand over who really controls of the country’s oil.

As long-time readers will recall, I have been advising on a refinery project in Ecuador for some time now. Slated for outside Manta on the country’s west coast, it’s known as The Pacifico Project, or locally as the Refineria

Project costs in this massive endeavor have swelled to about $13 billion. Nonetheless, the government still says the 300,000 barrel per day complex will begin operations in 2017. 

The real story, however, lies in the combination of interests surrounding the facility.

As you’ll learn, this is just the latest example of the bold move by China into South American energy …

This Isn’t Going Away

by Dr. Kent Moors | published February 29th, 2012

Finally, A Clear and Concise Explanation of Oil Prices Today

Dear Oil & Energy Investor:

As you know, Kent’s in Europe right now, advising international stakeholders on the Iranian embargo, rising global crude prices, and growing uncertainties of the European debt markets.

Personally, it’s been almost two years since my last trip to Europe.

In the summer of 2009, with a Hopkins graduate class, I spent a week with German Energy and Environmental ministers and listened to lectures on the challenges of energy security for Europe’s leading economy. Now then. Discussions with European diplomats on energy issue are fascinating, … Read Full Article

Watch It Now: Kent Discusses a High-Stakes Game in Iranian Oil

by Dr. Kent Moors | published January 11th, 2012

Yesterday, Kent sat down with Charles Payne at Fox Business Network to discuss today’s biggest drama in the oil and energy markets today – Iran.

The interview, which I think you’ll definitely want to watch below, highlights an important point that Kent has addressed numerous times regarding this ongoing period of increased volatility in crude prices.

That is: Geopolitical events are “the great outlier” in terms of influencing energy prices.

Simply put, Iran’s unpredictability could have profound impacts on costs in either direction, depending on how the current battle between the producer and its European customers unfolds.

Tensions over Iran’s nuclear enrichment program have spurred its European customers in Brussels to threaten boycotts of the Middle Eastern producer’s crude. In response, Iran has threatened to shut down the Strait of Hormuz, a strategic waterway through which at least 18% of daily oil trade flows.

In a matter of hours of the Strait being shut down, prices would increase anywhere from $25 to $30 a barrel. If the Strait were shut down right now, after 72 hours, Kent foresees oil prices spiking to $150 very quickly, and rising much faster from there. From there, prices could climb to $180… even $200.

But what is the likelihood of this scenario?

Watch It Now: Kent on Varney & Co.

by Dr. Kent Moors | published November 21st, 2011

Dr. Kent Moors joined Stuart Varney on Fox Business to talk oil prices in 2012. Click here for Moors’ inside look at why and when oil will hit $150 a barrel, how the U.S. oil industry will be affected, and which part of the country will see a big spike in heating oil prices.

Watch It Now: Kent on Varney & Co.

by Dr. Kent Moors | published November 2nd, 2011

Yesterday Kent sat down with Fox Business host Stuart Varney about investing in wind, solar, and natural gas, government subsidies for renewable companies, and the one market niche to keep your eye on as an investor.

Watch It Now: Kent on Fox Business

by Dr. Kent Moors | published August 26th, 2011

Watch It Now: Kent on Fox BusinessThis week Kent sat down with Fox Business Network anchor Dagen McDowell to discuss the impact of Libyan unrest on oil prices. In this video, he explains what difficulties will result from Libya’s unrest and what’s likely to happen in the oil markets for the rest of the year.

Watch It Now: Kent on CNBC’s “Closing Bell”

by Dr. Kent Moors | published June 2nd, 2011