Senior Market Analyst, Commodities and Energy
John's Feed
Mar 27, 2013

Congress must legislate to avoid a helium crisis: Kemp

LONDON, March 27 (Reuters) – Bipartisan bills introduced
into the U.S. House of Representatives and Senate aim to avert
the imminent shutdown of the Federal Helium Reserve, which
provides a third of all the gas consumed worldwide, and develop
a proper market to avoid a long-term crunch in supplies of one
of the world’s most critical raw materials.

Helium is best known for filling party balloons and making
people talk with a squeaky voice.

Mar 26, 2013

Column: Bubbles in food prices

LONDON (Reuters) – A thoughtful new paper from researchers at the University of Illinois marks a significant step forward in research on how commodity futures prices are formed.

Until recently, the academic and policy debate about futures price formation has been locked in an acrimonious and polarized standoff between market fundamentalists, who insist all price moves reflect supply and demand fundamentals, and those writers who blame speculators for every rise in food and fuel prices.

Mar 26, 2013

Column: Bubbles in food prices: John Kemp

LONDON (Reuters) – A thoughtful new paper from researchers at the University of Illinois marks a significant step forward in research on how commodity futures prices are formed.

Until recently, the academic and policy debate about futures price formation has been locked in an acrimonious and polarized standoff between market fundamentalists, who insist all price moves reflect supply and demand fundamentals, and those writers who blame speculators for every rise in food and fuel prices.

Mar 26, 2013

Bubbles in food prices: John Kemp

LONDON, March 25 (Reuters) – A thoughtful new paper from
researchers at the University of Illinois marks a significant
step forward in research on how commodity futures prices are
formed.

Until recently, the academic and policy debate about futures
price formation has been locked in an acrimonious and polarised
standoff between market fundamentalists, who insist all price
moves reflect supply and demand fundamentals, and those writers
who blame speculators for every rise in food and fuel prices.

Mar 25, 2013

Better route planning cuts fuel use in freight sector: Kemp

LONDON, March 25 (Reuters) – U.S. distributors and freight
hauliers have held down diesel consumption even as their
business recovers from recession by making thousands of small
changes to their operations.

Improved driver training, restrictions on idling and careful
route planning to reduce deadheads (where vehicles travel empty)
are all reducing consumption of expensive diesel while helping
companies promote their green credentials.

Mar 19, 2013

OPEC must prepare for big rise in oil supplies: Kemp

LONDON, March 19 (Reuters) – High oil and gas prices have
unleashed the biggest drilling boom in 30 years.

OPEC members must prepare for a big increase in oil supplies
in the second half of the decade, as well as heightened
competition from natural gas in some of their core markets, and
a further erosion in demand as conservation and efficiency
measures bite harder.

Mar 18, 2013

China’s shale round focuses on cash not expertise: Kemp

LONDON, March 18 (Reuters) – China’s Huadian Corporation,
one of the country’s top power producers, which won four
licences in the second shale gas licensing round last year, will
tender for engineering and drilling services to meet its
commitment to prospect for gas in blocks across Hubei, Hunan and
Guizhou provinces.

“We will be looking for professional services from seismic
survey to drilling via a tender towards late this year,” a
company official told an industry seminar on Monday
.

Mar 18, 2013

Bail in threatens to accelerate future bank runs: Kemp

LONDON (Reuters) – Bailing-in depositors with banks in Cyprus is a serious policy error that will destabilize the European banking system and threatens to accelerate bank runs in future.

There is a good reason deposits have been the most protected form of bank liabilities. It has nothing to do with fairness.

Mar 15, 2013

Gas revolution to close price gap with oil: Kemp

LONDON, March 15 (Reuters) – Diesel is now six times more
expensive than natural gas on an energy-equivalent basis in the
United States, a gap that is unsustainable.

As Herbert Stein, chief economist to President Richard Nixon
noted, if something cannot go on forever, it will stop. But how
and when the gap closes is the single most important question
facing oil and gas consumers around the world.

Mar 13, 2013

Flammable ice: last hope or gravest threat? John Kemp

LONDON, March 13 (Reuters) – There is enough gas locked in
ice-like crystals buried beneath the permafrost and trapped
under the oceans to guarantee the world will not run out of
fossil energy for centuries.

This potential energy source will be irrelevant, however, to
almost everyone for many decades to come, except perhaps Japan.

    • About John

      "John joined Reuters in 2008 as one of its first financial columnists, specialising in commodities and energy. While his main focus is on oil markets, he has written broadly on the emergence of commodities as an asset class, regulatory issues and macroeconomic themes. Before joining Reuters, John spent seven years as a senior analyst for Sempra Commodities (now part of JP Morgan) covering base metals and crude oil. Previously, he worked as an analyst on world trade, banking and financial regulation for consultancy Oxford Analytica."
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