Archive for the 'Energy' Category
Brookings Video Piece on Aquion
February 3rd, 2015Disclosure: I sell solar power systems in NZ. Bring it on. Via: Brookings Institution: More: America’s Advanced Industries: What They Are, Where They Are, and Why They Matter
Senior Abbott MP Concedes Australians Ready to Leave the Grid
January 31st, 2015Disclosure: I sell solar power systems in NZ. Via: RenewEconomy: A senior member of Australia’s ruling Coalition has conceded that Australian consumers are ready to leave the grid, and rely instead on solar and storage, and suggested that state-owned assets such as electricity networks need to be sold quickly before they lose too much value. […]
Oil Surges 8 Percent as U.S. Rig Count Plunges, Shorts Scramble
January 30th, 2015Disclosure: I’m long oil and multiple companies involved with oil exploration and production. Via: Reuters: Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering. In a rally that may spur speculation that a seven-month price collapse […]
Intervention in Civil Wars Far More Likely in Oil-Rich Nations
January 29th, 2015Via: Independent: Conspiracy theorists have long insisted that modern wars revolve around oil. Now research suggests hydrocarbons play an even bigger role in conflicts than they had suspected. According to academics from the Universities of Portsmouth, Warwick and Essex, foreign intervention in a civil war is 100 times more likely when the afflicted country has […]
Rooftop Solar Now Cheaper Than the Grid in 42 of the 50 Biggest U.S. Cities
January 27th, 2015Disclosure: I sell solar power systems in New Zealand. Via: Utility Drive: New numbers show solar-generated electricity is ready for head-on competition with utility-delivered electricity. Nearly 21 million single-family homeowners in 42 of the 50 biggest U.S. cities can now expect to pay less for electricity from solar than for electricity they buy from their […]
Brazil Orders Rolling Blackouts as Electricity Demand Spikes in Record Heat
January 20th, 2015Via: Reuters: Rolling blackouts swept across parts of Brazil on Monday as the grid operator ordered select power cuts to avoid a larger crisis, drawing attention to a fragile electric system that is buckling under the strains of record-breaking heat and dryness. Grid operator ONS said it orchestrated 2,200 megawatts of controlled outages in eight […]
GM Bolt: Pure EV, 200 Mile Range, $30,000, 2017
January 16th, 2015Via: MIT Technology Review: GM today unveiled an all-electric concept car, called the Bolt, which it says will have a 200-mile range. That’s comparable to the range of Tesla’s electric luxury cars, but the Bolt will cost around $30,000 (while a Tesla will sell for between $70,000 and $94,000). The Bolt, a compact hatchback, will […]
Oil Drillers Pull Most U.S. Rigs in More Than Two Decades
January 9th, 2015Disclosure: I’m long USO/oil. Via: Bloomberg: In what is the strongest sign yet of the damage that plunging crude prices are doing to the U.S. oil industry, drillers idled more rigs last week than they have at any point since 1991. Oil rigs fell by 61 to 1,421, Baker Hughes Inc. (BHI) said on its […]
Venezuela: Military Supervises Food Distribution
January 9th, 2015The stores are full, comrades. Just form orderly lines and do what the soldiers say. Via: Bloomberg: Shoppers thronged grocery stores across Caracas today as deepening shortages led the government to put Venezuela’s food distribution under military protection. Long lines, some stretching for blocks, formed outside grocery stores in the South American country’s capital as […]
How OPEC Weaponized the Price of Oil Against U.S. Drillers
January 9th, 2015Disclosure: I’m long USO/oil. Via: Bloomberg: If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. Representatives of Saudi Arabia, the United Arab Emirates and Kuwait stressed a dozen times in the past six weeks that the group won’t curb output […]
