Happy Friday! Another nutty week has seen natural gas pushing to try and reach an 18-month high on late-season heating demand and a whopper of a withdrawal from weekly storage. Crude oil is somewhat overlooking uninspiring fundamentals to rally with the improving economic data we are seeing out of the US and the euphoria seen in equity markets. Hark, snacks ahoy: » read more
Posts Tagged ‘renewable energy’
Happy Groundhog Day Eve! As Punxsutawney Phil completes his final workout ahead of his big day, commodityland™ closes the curtains on what has been another nutty week. Oil is pushing on to 4-month highs as momentum builds for a global recovery, while natural gas has seen its expectations for the rest of winter lowered, and prices have adjusted accordingly. But Phil’s shadow (or lack thereof) will give us more insight into that tomorrow. As for now, c’mon let’s chow:
I have always considered there are only two key rationales for investing in solar energy: for economic benefit (through subsidies or not), or for altruism. But the solar industry has seen a break in the clouds to start this year, and although it has been in part due to chasing profits, it has also been due to a third reason which has been hidden from me in plain view…that of necessity.
Welcome to another Friday, as we charge into the second half of July. Natural gas is having a strong end to the week, back in the middle of the $4 to $5 range it has been pinging around in for this year, while crude oil is bamboozled to ebb and flow but ultimately remain in the mid-$90s. Continued warmer weather outlooks are supporting natty, while crude is flailing on concerns of a stuttering global economy, intermittently spurred on by bouts of bullishness (on rumors of bailouts, QE3, etc). Without further ado, let’s chew!: » read more