Prior to joining Penny Sleuth, Byron received his Juris Doctor from the University of Pittsburgh School of Law, was a cum laude graduate of Harvard University, served on the staff of the Chief of Naval Operations and as a field historian with the Navy. Our resident energy and oil expert, Byron is the editor of Outstanding Investments and Energy and Scarcity Investor. Byron has made frequent appearances in mainstream media such as The Washington Post,MSN Money, Marketwatch.com, Fox Business News, CNBC's Squawk Box, Larry Kudlow, Glenn Beck and PBS Newshour. He also had a feature article written in the Financial Times, and has appeared on both CNN and Marketplace radio broadcasts. Byron has also been quoted in various international publications such as The Guardian and De Volkskrant, and has been a guest on Canada's CBC television broadcast.
A reader named Marilyn, from Oregon, wrote with the following question:Â
“I’ve read Internet threads where people want to use a nuclear weapon to close the oil well blowout in the Gulf of Mexico. Even Matt Simmons, who’s a hero to me because of his Peak Oil work, says we might ...read more
Byron: This blow out in the Gulf of Mexico absolutely should not have happened. Yes, it could have been prevented. But we are already on the other side of Peak Oil. Oil is going to keep getting more expensive and eventually it could get too expensive for life to be ...read more
Gary Gibson: Byron, can you start off by telling Whiskey readers a little about why we’re searching for deep sea oil in the first place? I mean, we know about peak oil already. But… is it really THAT bad that we’re having to search for oil buried beneath 12,000 feet ...read more
This Icelandic volcano is not just a quaint story about some faraway place. We need to keep an eye on Iceland and its grumpy volcanoes. The historic record is filled with Icelandic volcano blasts that wrecked European civilization. It goes back at least to the days of the Roman Empire. ...read more
What is the future of the world’s energy supply?
Here she is, in all her haze gray glory. Meet the Transocean Discoverer Inspiration.
What is this floating giant? Well, in the big scheme of things Inspiration is the future of the world’s oil supply.
Inspiration, and other ships much like her, is the ...read more
I logged 9,814 air miles. Took four different flights. Spent a total of 54 hours traveling. All to meet with a man they call “Mr. GO Deep…”
“Mr. GO Deep” is the go to guy in offshore oil development. Oil companies pay him HUGE consulting fees in hopes to identify the ...read more
Basically, Greece is broke. The Greek politicians spent too much money. (Really? Who would’ve thought?) Aided by the wizards of Goldman Sachs, the monetary magicians managed to mask the Greek problem for 10 years or so. But now the solvency problem in Greece is too big to sweep under the ...read more
Looking at the bigger picture, the U.S. has its troubles. But the U.S. also has many unique economic, cultural and historical strengths — if the national leadership can keep its eye on the ball. Thing is, we’re in for some tough innings.
The world is experiencing what some commentators call “the ...read more
Last week, the global warming movement crashed, along with its holier-than-thou "only we can save the world" aura of empirical certitude. It's more like "political" science now — literally — and there are 3,000 e-mails to prove it. Down with the ship went the last semblance of unblinking, unthinking willingness ...read more
Let’s review the big picture for gold. What's going on? And what are people saying?
For much of 2009, gold traded in the range of low-mid $900 per ounce. There was a dip over the summer, with a strong upswing starting in September. Gold is now trading well over $1,000 per ...read more
