Archive for the 'Energy' Category
Oil Continues to Close the Gap
February 24th, 2012Warning: This is not a recommendation to buy, sell or hold any financial instrument. We’re looking at a break higher out of a triangle formed by the monthly interval candles on WTI. My guess is that it will see the resistance at around $114.80, but that it will continue higher after consolidating. If it clears […]
Tesla Roadsters Parked Without Being Plugged in Brick Themselves (In as Little as One Week)
February 22nd, 2012Check this out: As a second Roadster owner discovered, the Tesla battery system can completely discharge even when the vehicle is plugged in. This owner’s car was plugged into a 100-foot long extension cord for an extended period. The length of this extension cord evidently reduced the electric current to a level insufficient to charge […]
Saudi Arabia Cuts Oil Output
February 20th, 2012It’s going to be another interesting spring at American gas stations… Via: CNBC: The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data. The […]
Iran Stops Oil Sales to British, French Companies
February 19th, 2012Via: Reuters: Iran has stopped selling crude to British and French companies, the oil ministry said on Sunday, in a retaliatory measure against fresh EU sanctions on the Islamic state’s lifeblood, oil. “Exporting crude to British and French companies has been stopped … we will sell our oil to new customers,” spokesman Alireza Nikzad was […]
The Boy Who Played with Fusion
February 19th, 2012One for your bulging Parents-of-Sons file folder… Via: Popular Science: One afternoon, Tiffany ducked her head out of the door to the garage and spotted Taylor, in his canary yellow nuclear-technician’s coveralls, watching a pool of liquid spreading across the concrete floor. “Tay, it’s time for supper.” “I think I’m going to have to clean […]
China: Electric Cars Could Cause Worse Pollution Than Conventional Cars
February 19th, 2012While it might be obvious to you and me that burning coal to charge electric vehicles makes about as much sense as pissing into the wind, my guess is that this would be news to many. Via: io9: The electric (or even hybrid) car has been heralded as a way to help limit the amount […]
Will Iran Sell Oil in Currencies Other Than the Dollar Starting March 20?
February 15th, 2012Via: Telegraph: Last week, the Tehran Times noted that the Iranian oil bourse will start trading oil in currencies other than the dollar from March 20. This long-planned move is part of President Mahmoud Ahmadinejad’s vision of economic war with the west. “The dispute over Iran’s nuclear programme is nothing more than a convenient excuse […]
Hungary’s Needy Given Money to Burn (in Their Furnaces)
February 14th, 2012Must see. Via: AFP / YouTube: Hungary’s central bank, currently at the centre of a dispute between the country’s government and the EU, has launched an unusual social programme to counter the effects of the current cold snap. It’s handing out blocks of disused bank notes to the country’s poorest citizens, so that they can […]
U.S. Licenses First Nuclear Reactors Since 1978
February 10th, 2012Via: MSNBC: It’s been 34 years — and several nuclear accidents later — but a divided federal panel on Thursday licensed a utility to build nuclear reactors in the U.S. for the first time since 1978. The Nuclear Regulatory Commission’s chairman, Gregory Jaczko, opposed licensing the two reactors at this time even though he had […]
More Concerns Over San Onofre Nuclear Power Plant Safety
February 8th, 2012Via: San Diego Reader: Concerns about safety and the durability of components at San Onofre Nuclear Generating Station are continuing to surface as the plant approaches a full week of complete shutdown. The plant’s Unit 3 reactor was taken out of commission after a radioactive water leak was discovered on January 31, while Unit 2 […]
