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Europe: +44 (0) 207 198 1634 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 […]
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%, […]
Equities and the Economy: After months of calm volatility has returned to the U.S. stock market. Following the big drop on Friday, primarily due to dovish Boston Fed President Rosengren’s hawkish comments regarding interest rates, equities jumped yesterday, albeit by not as much as they fell, also on Fed speak. Yesterday it was dove Fed […]
Equities and the Economy: On Friday U.S stocks had their worst day since June with investors hitting the “sell” button and taking profits. The Dow lost 394 points, 2.1%, ending at 18,085, the S&P 500 shed 53 points, 2.45%, to finish at 2,128 (the biggest one day drop since June 24th, the day after the […]
Large electricity users are lobbying Wisconsin state regulators to allow for 3rd party electricity competition for the state. Wisconsin currently has the highest electricity rates of any Midwestern state, and is above the US average for all electricity users. Wisconsin regulators began considering electric competition in 1994 but closed the docket in 2000, deciding not […]
Equities and the Economy: U.S. equities retreated yesterday with the Dow falling 46 points to 18,480, the S&P 500 off 5 to 2,181 and the Nasdaq snapped a four day winning streak which took it to new highs closed down 24 at 5,259. But let’s keep this all in perspective, stocks remain near their record […]
Hydroelectric production levels in the Pacific Northwest (PNW) dropped significantly in August from both year-ago levels and from the previous month as well below-normal levels of precipitation during the month appeared to impact the availability hydropower supplies in the region. According to data from the US Army Corps of Engineers, total net electricity generation at […]
Equities and the Economy: Yesterday was a completely lackluster day. The Dow fell, the S&P 500 closed flat to Tuesday and the Nasdaq rose with the latter setting a new record high. The numbers are: Dow down 12 to 18,526, the S&P at 2,186 and the Nasdaq up 8 to 5,284 getting a boost from […]
Equities and the Economy: U.S. stocks continue to climb the Wall of Worry closed marginally higher yesterday with the Dow up 46 points to 18,538, the S&P 500 up 7 to 2,186 and the Nasdaq up 26 to 5,276 which is a record high for the tech heavy index! By the way, climbing the Wall […]
Equities and the Economy: It was “bad news is good news” on Friday with the closely watched Labor Department’s Employment Situation Report for July released. The bad news was that per the department 151,000 jobs were added in the month with economists forecasting an increase of 180,000. The good news was that investors interpreted the […]
