Elliott H. Gue

Analyst Articles

The temporary pullback in prices has hit most stocks in the energy space hard, driving down valuations to the lowest levels since 1998, when oil was trading below USD20 a barrel and natural gas sold for less than USD2 per million British thermal units (MMBtu). This marks an outstanding opportunity for investors to buy stocks at depressed prices ahead of the next up-cycle. Read More

The US imports more than 13.5 million barrels of crude oil each day, roughly 210 billion gallons per year. That’s equivalent to a quarter of total global trade in crude. Although America depends on imports to meet oil demand, that’s certainly not true of all energy commodities. Most investors are aware that the US is home to the world’s largest coal reserves; in fact, the nation is increasingly becoming a key exporter of coal to Europe and Asia. However, many are surprised to learn that the US ranks second only to Russia in natural gas production. In addition, thanks to strong growth from a handful of world-class unconventional gas fields, the US is the world’s fastest-growing producer and stands a good chance of overtaking Russia within five years. Read More

The US imports more than 13.5 million barrels of crude oil each day, roughly 210 billion gallons per year. That’s equivalent to a quarter of total global trade in crude. Although America depends on imports to meet oil demand, that’s certainly not true of all energy commodities. Most investors are aware that the US is home to the world’s largest coal reserves; in fact, the nation is increasingly becoming a key exporter of coal to Europe and Asia. However, many are surprised to learn that the US ranks second only to Russia in natural gas production. In addition, thanks to strong growth from a handful of world-class unconventional gas fields, the US is the world’s fastest-growing producer and stands a good chance of overtaking Russia within five years. Read More

Mexico’s Cantarell oil field, located in the shallow waters of the Bay of Campeche, is by far the largest conventional oilfield discovered in the Americas and the sixth-largest worldwide. It’s estimated that Cantarell contains some 35 billion barrels of oil and can ultimately yield 17.5 billion recoverable barrels. But, like so many other supergiant oilfields around the world, Cantarell is slowly dying. Read More

Mexico’s Cantarell oil field, located in the shallow waters of the Bay of Campeche, is by far the largest conventional oilfield discovered in the Americas and the sixth-largest worldwide. It’s estimated that Cantarell contains some 35 billion barrels of oil and can ultimately yield 17.5 billion recoverable barrels. But, like so many other supergiant oilfields around the world, Cantarell is slowly dying. Read More

With oil cruising above $140 per barrel and natural gas at its highest levels since late 2005, it’s hard to imagine that there could be any energy-related sectors that aren’t flying higher. Read More

Coal is public enemy No. 1 for most environmental activist groups. Certainly, there’s some logic behind that opposition; after all, coal plants emit more sulphur dioxide, mercury and nitrous oxides than other fossil fuels. Read More

A year ago, few investors wanted anything to do with the coal markets. Inventories of coal at US utilities were tight at the end of 2005, but a warm winter in 2005-06 changed all that: Inventories ballooned, and coal prices plummeted. Read More

The US is often called the Saudi Arabia of coal. And there’s a good reason for that: The nation has more than 27 percent of the world’s known coal reserves and some of the highest-quality deposits in the world. Read More