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Europe: +44 (0) 207 198 1634 WASHINGTON (Reuters) – The U.S. Supreme Court agreed on Monday to review the legality of an Obama administration regulation aimed at encouraging efficiency in the electricity market by having electrical grid operators pay users to reduce consumption at peak times. The court said it will hear an appeal filed by the U.S. Federal Energy Regulatory […]
Equities and the Economy Good morning and happy National Tuba Day. It was a second consecutive bad day for stocks all around the world yesterday with the Dow falling 195 points (1.08%) and once again below 18,000 to 17,841. The S&P 500 lost 21 (0.99%) to 2,086 and the Nasdaq got pounded like Mayweather and […]
There are ‘physical limitations’ on how fast states can build new infrastructure, analysts say. For many observers, the saga over the EPA’s proposed Clean Power Plan is getting more and more like the first human trip to Mars: Nobody’s gone yet, but half the critics think it’s not worth going and the other half think they know […]
Equities and the Economy Good morning and happy National Bugs Bunny Day. Well the market was asking “What’s up doc?” yesterday or more appropriately, what’s up with these markets with the Dow falling 74 points ending at 18,036, the S&P 500 closing down 8 at 2,107 and the Nasdaq off 31 to 5,024. Although the […]
Equities and the Economy Good morning and happy Shrimp Scampi Day. In another choppy day U.S. stocks closed mixed with the Dow gaining 72 points and the S&P 500 climbing 6 to 2,11. It would have been a trifecta of green except the Nasdaq lost 5 to 5,055. Twitter was a big anchor on the […]
In its recently released Annual Energy Outlook 2015 (AEO2015), EIA expects the United States to be a net natural gas exporter by 2017. After 2017, natural gas trade is driven largely by the availability of natural gas resources and by world energy prices. Increased availability of domestic gas or higher world energy prices each increase the gap […]
Equities and the Economy Good morning and happy birthday to Eeyore. We started out looking nicely yesterday morning following European equities higher but all the major indexes ended lower as the red hot health care sector dropped sharply. The Dow ended 42 points lower at 18,038, the S&P 500 lost 9 to 2,109 and the […]
Last week, the Department of Energy released its first Quadrennial Energy Review (QER) — essentially, a bill of health for America’s energy infrastructure. Modeled after the Defense Department’s regular reviews of American military might, the Obama administration called for the QER in his 2013 climate action plan to assess the state of U.S. energy infrastructure […]
Equities and the Economy Good morning and happy National Babe Ruth Day. A day after the Nasdaq set its first record in 15 years the index marched on Friday adding another 36 points (0.61%) closing at 5,092. The index got a big boost from Amazon.com which jumped a whopping 14% after it reported a surprise […]
Equities and the Economy Good morning and happy National Hairball Awareness Day. U.S. equities posted modest gains yesterday but it was good enough for the Nasdaq to close at its highest level in 15 years! Whoo-hoo! The tech heavy index rose 21 points (0.4%) ending at 5,056 surpassing the 15 year high set on March […]
