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Europe: +44 (0) 207 198 1634 For over a century, Aspen, Colorado, has been a pioneer in the renewable energy community. Earlier this year, the city achieved a new milestone in reducing its carbon footprint. In August, Aspen became the third community in the United States to use only renewable energy as the source for electricity, joining Burlington, Vermont, and Greensburg, […]
Equities and the Economy Good morning and many, many thanks to all you veterans who risked your lives for the rest of us so we can live in freedom in the greatest country on earth. U.S. equities waffled around unchanged all day yesterday not doing much and closed as such. The Dow rose 28 to […]
Equities and the Economy After six consecutive weeks of gains (the longest positive streak of the year) U.S. equities stumbled yesterday with the Dow falling a little over one percent (1.01%), 180 points, to 17,730. The Nasdaq fell the same percentage as the Dow, 52 points, ending at 5,095. The S&P 500 fell 20, 0.96%, […]
Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of October 30, according to EIA’s latest Weekly Natural Gas Storage Report. This level matches the previous weekly record of 3,929 Bcf set November 2, 2012. Although October marks the traditional end of […]
Equites and the Economy U.S equities closed mixed to higher on Friday digesting the Labor Department’s Employment Situation report. The Dow gained 47 to 17,910 and the Nasdaq climbed 19 to 5,147 while the S&P 500 lost a point. Although the S&P fell, all three major indexes posted their 6th straight week of gains with […]
Equities and the Economy As I suspected, U.S. equities did nothing yesterday closing ever so marginally lower with investors waiting for today’s Labor Department’s Employment Situation report for October. The Dow fell a meaningless 5 points to 17,863, the S&P 500 closed down an also meaningless 2 to and even 2,100 and the Nasdaq lost […]
The collapse in oil and natural gas prices is creating an uneasy situation for producing nations that rely on that revenue to function, a U.S. State Department official said Tuesday at a conference in Houston. “How long can we go in an environment of $45 to $50 oil at 60 percent reduced revenues before that starts […]
Equities and the Economy Good morning. U.S. equities experienced small losses yesterday with the Dow off 51 points to 17,868, the S&P 500 falling 7 to 2,102 and the Nasdaq dropping an immaterial 3 points to 5,142. Total chatter. I would have actually expected more of a pullback considering how much stocks have gained over […]
Equities and the Economy Good morning. U.S. equities added to their gains of October and the first trading session of November with the Dow climbing 89 points, 0.50%, to 17,918, the S&P 500 adding 6, 0.28%, to 2,110, and the Nasdaq adding 18, 0.35%, to 5,145. Investors liked the data that 1) the U.S. auto […]
Source: U.S. Energy Information Administration, based on the Electric Reliability Council of Texas (ERCOT) Note: Hourly averaged generation shown. Instantaneous peaks highlighted in the hour in which they occurred. Wind generation on the Texas electric system recently hit several all-time highs. The latest all-time instantaneous peak of 12,238 megawatts (MW) reached on October 22 replaced […]
