Watt’s Up With That: A Tale of Two Sigmoids

There are dozens of different mathematical constructions that yield bell-shaped curves. The “Hubbert” or “Peak Oil” curve is actually a special case of a class of s-shaped functions called sigmoids. While most sigmoid functions begin and end at different values, Hubbert’s curve is constrained to begin and end at zero by the formula and boundary conditions imposed that represent a perfect mathematical translation of Hubbert’s worldview. The curve reflects a battle between two competing forces or trends – one for growth and one for contraction – where the balance shifts between the two along the way. […]

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Article (Alberta Oil Magazine): The Best Little Oil Companies in Canada

Date of Source: 21 Oct 2016

Summary:
Fifteen years ago it was common knowledge that oil and gas production in North America was in terminal decline. After decades of exploration, all of the profitable onshore oil and gas in Canada and the U.S. had already been discovered… While the attention of the majors was elsewhere, close to home something happened. Small companies run by entrepreneurial management teams cracked the code on vast amounts of oil and gas located here in North America. […]

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Report: Commodities Demystified – A Guide to Trading and the Global Supply Chain

Date of Source: 2016

Summary:
Commodities trading – supply of the basic staples that are converted into the food we eat, the industrial goods we use, and the energy that fuels our transport and heats and lights our lives – is one of the oldest forms of economic activity, yet it is also one of the most widely misunderstood. At no time has this been truer than in the last 20 years, with the emergence of a group of specialist commodities trading and logistics firms operating in a wide range of complex markets […] 

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AQR – Cliff’s Perspective: Fama on Momentum

Date of Source: 05 Feb 2016

Summary:
The long-term success of the momentum factor seems to be a challenge to many observers. People say things like “momentum only works among small stocks” or “momentum only works for going short, not long.” These comments, which appear to be aimed at casting doubt on the implementability of momentum, seem to be spoken about more than written. There’s a reason for that. When you run the numbers, these statements are just not close to true. We’ve disproven a whole gaggle of them here. But, like many misperceptions, once in the zeitgeist they remain hard to kill. […]

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Reblog: Grossly Distorted Prosperity — Surplus Energy Economics

Date of Source: 30 Oct 2016

Summary:
ECONOMIC DECELERATION – AND HOW TO MEASURE IT One of the quirks of economics is that, within GDP (gross domestic product), all output is included, irrespective of what it really adds to prosperity. GDP, like Oscar Wilde’s cynic, knows “the price of everything, but the value of nothing”. If government paid 100,000 people to dig […]

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Quandl Blog: Alternative Data – The Newest Trend in Financial Data

Date of Source: 12 Apr 2016

Summary:
As quants, we’re all aware that every model has a shelf-life… a similar pattern applies to the world of data. Rare, unique and proprietary data eventually diffuses and becomes commonplace, easily available, edgeless data. The best analysts constantly reinvent their models, to avoid their inevitable obsolescence. Today, they’re venturing into the world of alternative data as a new source of alpha. […]

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MIT Energy Initiative: Venture Capital and Cleantech — The Wrong Model for Clean Energy Innovation

Date of Source: 01 Jul 2016

Summary:
Venture capital (VC) firms spent over $25 billion funding clean energy technology (cleantech) start-ups from 2006 to 2011 and lost over half their money; as a result, funding has dried up in the cleantech sector… We conclude that the VC model is broken for the cleantech sector, which suffers especially from a dearth of large corporations willing to invest in innovation… If a new and more diverse set of actors avoids the mistakes of the cleantech VC boom and bust, then they may be able to support a new generation of cleantech companies. […]

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Motley Fool: 5 Point Checklist for Investing in Big Oil

Date of Source: 26 Jun 2016

Summary:
In the stormy seas of the energy market, Big Oil companies have been one of the few beacons of stability. As oil prices declined more than half over the past couple of years, companies with exposure to every facet of the oil and gas value chain saw declines ranging from 10% to 30%. To some, this stability and the traditionally generous dividends have made for a compelling investment thesis, but actually getting to know and understand the complex world of Big Oil companies is far from simple. […]

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IHS Markit Blog: The emerging technology of re-fracturing horizontal wells

Date of Source: 10 Jan 2017

Summary:
As fractured horizontal wells which sparked the American Energy Renaissance rapidly deplete, technologies such as refracturing will be needed to extract more of the original hydrocarbons in place from low permeability reservoirs. If the method is broadly applicable and successful, it is likely to prolong the energy boom a while longer. The author’s geological simulations of refracturing suggest that recovery factors could double in many already prolific North American shale plays. […]

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OilPrice.com: Japan Is Aggressively Buying Up Oil And Gas Around The World

Date of Source: 24 Nov 2016

Summary:
Yes, energy prices are depressed right now. But not everyone sees that as a negative. In fact, private equity funds are still raising record amounts of capital for energy investments — with managers and investors alike seeing the current downturn as a prime time to pick up good assets for cheap. […]

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