US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Reliable electricity is the expectation of Texas consumers. The strength and reliability of the electrical grid are the lifeblood of our strong Texas economy. As the Public Utility Commission (PUC) considers a bid by Hunt Consolidated Energy to purchase the state’s largest electric transmission and distribution company, Oncor, I am very concerned the Hunt proposal, […]
Equities and the Economy A really good monthly jobs report boosted stock futures early Friday and in early trade but was not enough to rescue last week being the worst 5 day beginning to a year ever for the U.S. stock market. On Friday, the Dow fell 168 points, 1.02%, to 16,346, the S&P 500 […]
Equities and the Economy And the pain continued. U.S. stocks had their worst day in three months yesterday marking the worst start to a new year for the S&P 500 and Dow Jones ever. Yes in history! On the heels of the Chinese stock market being halted for trading for the second time this week […]
Getting to 100% renewable energy in the US by 2050 is a goal that is gaining traction among the US public. Reports from many environmental organizations have been written on how to get to this target, including from Greenpeace and the World Wildlife Foundation. After last year’s COP21 conference, the momentum has gotten stronger in […]
Equities and the Economy It began ugly and ended ugly. I’m talking about U.S. equities. At about this time yesterday Dow futures were down 274 points and although prices did recover a tad intraday the day still ended lousy. The Dow lost 252 points, 1.47%, closing at 16,907 and below 17,000 for the first time […]
Equities and the Economy After three sessions of lower prices, including spanning the new year’s holiday, U.S. equities leveled off with an uneventful day yesterday. The Dow closed up 10 points at 17,159, the S&P rose 4 to 2,017 and the Nasdaq was the laggard falling 12 to 4,891. With respect to economic data yesterday, […]
Source: U.S. Energy Information Administration, based on Natural Gas Intelligence Natural gas spot prices in 2015 at the Henry Hub in Louisiana, a national benchmark, averaged $2.61 per million British thermal unit (MMBtu), the lowest annual average level since 1999. Daily prices fell below $2/MMBtu this year for the first time since 2012. Henry Hub […]
People bathe in the ‘Blue lagoon ‘ geothermal spa, one of the most visited attractions in Iceland in the Reykjanes peninsula, southwestern Iceland. (JOEL SAGET/AFP/Getty Images) PARIS—The president of Iceland credits renewable energy for reviving the tiny island nation’s economy after financial collapse. Geothermal energy provided the baseload Iceland needed to recover, said President Ólafur […]
Equities and the Economy No sense sugar coating it. 2016 began abysmally. It was the worst first trading day of the year in 15 year. The Dow lost 276 points, 1.58%, finishing at 17,149, the S&P 500 fell 31, 1.51%, to 2,103 and the Nasdaq closed 104 points lower, 2.09%, and once again under 5,000 […]
Source: Bloomberg L.P. The energy component of the widely followed S&P Goldman Sachs Commodity Index (GSCI) fell 41% from the start of 2015, a larger decline than the industrial metals, grains, and precious metals components, which declined 24%, 19%, and 11%, respectively, in 2015. Weakness in global economic growth contributed to the overall decline in […]
