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Posts Tagged ‘Brent’

Morning Energy Blog – September 26, 2016

Equities and the Economy: Although U.S equities closed lower on Friday, with the Dow closing down 131 points, 0.7%, at 18,261, the S&P 500 off 12, 0.6%, to 2,165 and the Nasdaq dropping 34, 0.6%, ending at 5,306, it was a pretty good week with the S&P gaining 1.2%. Remember the Nasdaq closed at record […]

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Morning Energy Blog – September 23, 2016

Equities and the Economy: Global equities were a sea of green yesterday with investors shaking off any jitters post the BoJ and, more importantly, FOMC meetings clicking the “buy” button. The Dow was up as much as 156 points and although it pulled back in the afternoon it still posted a good day ending up […]

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Morning Energy Blog – September 22, 2016

Equities and the Economy: There were two material events yesterday and both were by central banks. The first, which I discussed in yesterday’s Morning Blog, was the Bank of Japan’s move to continue its 80 trillion yen bond buying program (QE) focusing on the back end of the yield curve (10 year note) as opposed […]

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Morning Energy Blog – September 21, 2016

Equities and the Economy: U.S equities activity was muted yesterday awaiting both the conclusion of the Bank of Japan’s monetary meeting and the FOMC meeting today. The Dow rose 10 points to 18,130, the S&P 500 rose 1 to 2,140 and the Nasdaq finished up 6 points to 5,241. Chatter. Getting right to it, overnight […]

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Morning Energy Blog – September 20, 2016

Equities and the Economy: Kind of a strange day yesterday. Taking their que from fairly strong European markets, U.S. stocks were markedly higher in the morning and up as much as 132 points an hour after the open but they then began to fade and in early afternoon were even negative on the day by […]

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PJM’s hot summer fails to generate demand

PJM representatives have stated that increases in solar net metering, conservation efforts, and more efficient electronic devices as possible reasons for the lower peak load.   This summer in the PJM Interconnection was hotter than the prior three, but systemwide peakload was lower than the highest peakload for those years, and PJM staffers are unsure […]

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Morning Energy Blog for September 19, 2016

Equities and the Economy: Friday capped a very volatile week for U.S. stocks with the Dow closing down 89 points, 0.49%, at 17,124, the S&P 500 fell 8 points, 0.38%, ending at 2,139 and the Nasdaq finished off 5, 0.10%, at 5,245. Now for the good news. The S&P 500 squeezed out a weekly gain […]

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Amazon Announces Texas Wind Farm, Company’s Largest to Date

Amazon announced Amazon Wind Farm Texas, a new 253-megawatt (MW) wind farm in Scurry County, Texas, that will generate 1,000,000 megawatt-hours (MWh) of wind energy annually. Scheduled to open in late 2017, Amazon Wind Farm Texas will be the company’s largest renewable energy project to date. Amazon contracted with Lincoln Clean Energy (LCE), who will […]

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Morning Energy Blog – September 14, 2016

Equities and the economy: Yee-haw! It feels like I’m watching the bull riding competition at the Houston Rodeo. Down, up, down. A third consecutive day of volatility greater than 1%. Yesterday the Dow sunk 258 points, 1.41%, closing at 18,066, the S&P 500 fell 32, 1.48%, to 2,127 and the Nasdaq ended down 57, 1.09%, […]

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