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Europe: +44 (0) 207 198 1634 Solar farms in California. California’s “million solar roof” program mirrored Germany’s “hundred-thousand solar roof” initiative that began a few years ago. Credit Monica Almeida/The New York Times PARIS — One is a European country known as “the powerhouse of Europe” that struggles against soggy winters and seemingly endless gray skies. The other is a digitally […]
Source: U.S. Energy Information Administration, State Heating Oil and Propane Program The U.S. Energy Information Administration’s State Heating Oil and Propane Program (SHOPP) collects state-level residential heating oil and propane price data in 38 states during the winter heating season. SHOPP is a joint effort between EIA and state energy offices in regions (especially states […]
Equities and the Economy U.S. equities closed lower for the 3rd consecutive day yesterday. The Dow closed down 76, 0.43%, at 17,492, the S&P 500 lost 16, 0.76%, to 2,048 and the Nasdaq got pounded losing 1.48%, 75 points, to 5,023. As of yesterday the S&P joined the Dow in negative territory for the year. […]
Equities and the Economy U.S. equities limped lower yesterday with the Dow losing 163 points, 0.92%, to 17,568 and the S&P 500 dropping 13, 0.65%, to 2,064. The Nasdaq performed relatively well waffling around unchanged all day closing down a meaningless 4 points at 5,098. The Nasdaq hung in there because the biotechnology sector, which […]
In the waters of Lake Ontario, Canada, a hugely significant energy development is taking place. Hydrostor is a company specializing in underwater compressed energy storage. Their idea addresses a significant issue facing renewables: the question of how to store energy to be used when the sun is not shining or winds aren’t strong enough. “The […]
Equities and the Economy Investors had the weekend to digest Friday’s OPEC meeting results and came out yesterday pounding the energy sector. No, pounding is not the word. Annihilation is more appropriate. Yesterday we returned to the theme of oil prices driving equity prices, which we didn’t have last Thursday when the stocks fell. The […]
Amid all the announcements coming out of the Paris climate talks, Google’s latest investments are making a splash. These new projects are part of the company’s push to power its operations with 100% green energy, with a goal of tripling its renewable energy purchases by 2025. The company’s list of renewable energy investments now grows […]
Equities and the Economy Schizophrenic. That’s the only way to describe the action in the U.S. equity markets. On Thursday we had the worst day in 3 months with the Dow losing 252 points, 1.42%, and on Friday we have the best day in 3 months with the Dow posting a gain of a whopping […]
Equities and the Economy As stated in my blog yesterday, Tuesday was a tough day on Wall Street. Yesterday was a bloodbath. U.S. stocks sold off with the Dow closing down 252 points, 1.42%, at 17,478, the S&P 500 fell 30, 1.42%, to 2,050 and the Nasdaq was the big loser closing down 1.66%, 85 […]
Equities and the Economy It was a tough day on Wall Street yesterday with the Dow falling 158 points, 0.89%, closing at 17,730, the S&P 500 down 23, 1.08%, to 2,080 and the Nasdaq fell 33, 0.65%, finishing at 5,123. You can blame the energy sector for dragging the indexes lower, specifically oil prices which […]
