As we fast approach the peak of summertime, there are a number of energy-related stories that are more glaring than the noonday sun. Here are ten such tales highlighting some of the scorching stats currently causing sparks in Energyland™.
Posts Tagged ‘nuclear power’
Well, no it isn’t (the question, that is). It is more of a statement or affirmation, as this post takes a look at two charts from two recent releases, BP’s Statistical Review of World Energy and the EIA’s Annual Energy Outlook , to show two contrasting themes. One chart illustrates key consumption levels, and the other illustrates the key lack thereof. » read more
Happy Friday! And another nutty week comes to a conclusion, as natural gas prices continue on their upward trajectory on expectations of warmer weather (and higher demand), while crude continues to slide. Geopolitical tension with Iran has dropped off the radar as the Euro debt crisis accelerates its deterioration, leaving risk appetite to flee the building. Enough from me, it’s time to eat: » read more
Happy last Friday in February! And the bears are back on top (like our little fella to the left) in Natgasworld™, as warm weather wanes the will of the bulls, while falling production at such a minimal rate keeps supply glut concerns firmly on the radar. Meanwhile, crude prices have pushed on to nine-month highs as the spotlight has finally shifted away from Greek woes as a second Greek bailout was approved (sequel coming soon?). This respite has left the bullish influences of hope (of economic growth) and fear (of Iranian oil supply losses) to rally prices, as economic data leans positive, while Iranian actions remain confrontational. But no more delay, let’s hit the (food) tray!
As Naturalgasworld™ enters the shoulder month season (=April / May), I’m going to play devil’s advocate at this time of transition. As we shuffle away from heating demand and towards the call for cooling, here are a number of considerations which are providing reasons for a rally…or factors for a fall: » read more