January 28th, 2015
Last Friday, I appeared on CNBC’s “Closing Bell” to discuss the new Saudi King Salman and his impact on oil prices.
The interview was set up on a flight back to Pittsburgh, and took place via satellite feed almost as soon as I landed.
Now, these hastily put together appearances can be somewhat trying if the anchors are not up to speed on the material.
But I’ve done spots with Bill Griffeth for years and Kelly Evans and I have had good sessions since she came on board. So it went very smoothly.
The interview primarily centered on what the Saudi change at the top would do to oil prices. But the broader implications of the change in leadership are where the significance actually lies.
As you might expect, there’s more to this story than meets the eye…
January 22nd, 2015
As we shift into the “post-oil age,” one thing is very clear: This is no longer a zero sum game.
While crude will continue to be the star, other sources of energy will start to gain market share.
A new energy balance will begin to take hold, and it will have less and less to do with crude.
As I discussed in the last issue, this new world will include a massive move into renewables like wind and solar power.
But the truth is bigger than that.
The “post-oil age” will be driven by a major move into biofuels as well.
In fact, the projected future size of this market is nothing short of eye-opening…