Archive for the 'Energy' Category
Russians Flock to Stores to Pre-Empt Price Rises
December 17th, 2014Via: AP: Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked off by the staggering fall in the value of the ruble in recent days. As the Russian authorities announced a series of measures to ease the pressure on the ruble, which slid 15 […]
Oil Still Dropping
December 16th, 2014$53.80. Via: Reuters: U.S. stock index futures fell on Tuesday as a slide in the Russian rouble and crude oil prices sent traders fleeing risky assets. The rouble (RUB=) lost more than 17 percent against the U.S. dollar even after Moscow’s central bank hiked its main interest rate to 17 percent from 10.5 percent. Brent […]
New Zealand: “Are Electricity Prices Rising Too Quickly?”
December 16th, 2014Disclosure: I sell solar power systems in New Zealand. There are multiple retailers, so a functional market must exist! Right? Cartel. Cartel. Cartel. This is a word that crooks on both the left and right hope you’ll never understand. Cartel: In economics, a cartel is an agreement between competing firms to control prices or exclude […]
Reposit Power
December 15th, 2014Disclosure: I sell solar power systems in New Zealand. Via: REneweconomy: A Canberra-based company is to introduce new technology that it says could help turn electricity markets on their head – by allowing households to buy and sell electricity on the market. The buying and selling of electricity has hitherto been the province of large […]
“Could the U.S. Bail Out Its Own Oil Sector?”
December 10th, 2014Warning: This is not a recommendation to buy, sell or hold any financial instrument. “…there’s a part of me, a gut feeling, that thinks that the shale apocalypse will just continue on somehow.” —Oil Down 6.88% On OPEC Strategy to Destroy U.S. Shale Business My long side trigger finger will start to itch if it […]
Why Elon Musk’s Batteries Scare the Hell Out of the Electric Company
December 9th, 2014Disclosure: I sell solar power systems in New Zealand. Via: Bloomberg: At a sagebrush-strewn industrial park outside of Reno, Nevada, bulldozers are clearing dirt for Tesla Motors Inc. (TSLA)’s battery factory, projected to be the world’s largest. Tesla’s founder, Elon Musk, sees the $5 billion facility as a key step toward making electric cars more […]
Betting On The ‘Other’ Oil Black Swan
December 9th, 2014Via: ZeroHedge: That said, if oil prices go “too low”, there are some very powerful State actors who could become incentivized to precipitate a geopolitical crisis in order to get oil prices back up. E.g. a Saudi Arabian spring, or an attack on a major pipeline? The ISIS-sponsored attack in November in Saudi Arabia’s oil-rich […]
Energy Crisis: Turn the Wind Turbines Off When the Electricity Prices Get Too Low
December 7th, 2014What we’re dealing with in New Zealand is sort of mini, South Pacific version of Enron. —New Zealand: Commercial Solar Boom Underway Most people in New Zealand haven’t heard of Enron’s numerous and insidious scams, but they should familiarize themselves with what happened: Before passage of the deregulation law, there had been only one Stage […]
Afghanistan: The Making of a Narco State
December 6th, 2014Oh yes, the big “mystery” as to why the Taliban cut off opium production baffles Rolling Stone. 9/11 scratches more itches than anyone in the corporate media could possibly imagine. I’d say that one of main purposes of 9/11 was to restart the flow of hundreds of billions of dollars of heroin money into the […]
Enphase Says Solar + Solar Market “Infinite,” Ahead of Australia Battery Pilot
December 5th, 2014Disclosure: I sell solar power systems in NZ. Via: RenewEconomy: When the world’s biggest supplier of solar inverters (sometimes described as the “brains” of solar PV systems) sets up camp in Australia, it’s probably a development worth noting. California-based “solar-tech” company Enphase opened offices in Sydney and Melbourne around 18 months ago, and since then, […]
