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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and Happy Earth Day. Yesterday U.S. equities mostly failed to follow through on Monday’s gains. I say mostly because the Nasdaq did rise 20 points to 5,014 lifting the index to near record levels getting a boost from M&A activity in the biotech sector. We all know how investors […]
Equities and the Economy Good morning and happy National Chocolate Chip Covered Cashews Day. After getting pummeled on Friday I guess investors had a chance to think about the markets over the weekend and concluded things weren’t really as bad the price action warranted that day and came in Monday morning buying. The Dow jumped […]
Energy efficiency savings lowered New England’s wholesale electricity prices by 24% in the winter of 2014, according to a report released Thursday by the Acadia Center, an energy advocacy group. Efficiency programs suppressed electric demand by 13.7% from January through March 2014, lowering payments to generators by $1.49 billion, the report said. With New England […]
Equities and the Economy Good morning and happy Lima Bean Respect Day. That’s all I could afford to eat this weekend after what happened to my portfolio on Friday! Equities around the world just got obliterated on Friday starting in Asia with the Chinese government announcing regulations which expand short selling and limiting the financing […]
Equities and the Economy Good morning and happy National Cheeseball Day. U.S. equities ended very slightly lower yesterday than Wednesday with the Dow off 7 to 18,106, the S&P 500 down 2 to 2,105 and the Nasdaq ending 3 lower to 5,008. The Dow was up 57 points at one time during the day but […]
EIA is currently in the process of updating maps of major tight oil and shale gas plays, including the Eagle Fordand Marcellus plays, which will help to better characterize the geology of key areas of production in the United States. EIA’s most recent maps focus on shale and tight oil plays, and characterize plays based on geologic characteristics, including […]
Equities and the Economy Good morning and happy National High Five Day. U.S. equities ended higher yesterday getting a boost from higher oil prices and better than expected earnings. The Dow added 76 points (0.4%) to 18,112, the S&P 500 closed up 11 (0.5%) at 2,107 and the Nasdaq gained 34 points (0.7%) once again […]
Over the past two winters, ISO-NE has implemented a program to ensure adequate energy supplies in the region even on the coldest days of the year. The so-called Winter Reliability Program (WRP) successfully kept the lights on and gas flowing during the Polar Vortex of 2014 and the coldest weather of winter 2015 as well. […]
Projections in EIA’s Annual Energy Outlook 2015 (AEO2015), released April 14, show the potential to eliminate net U.S. energy imports sometime between 2020 and 2030. This reflects changes in both supply and demand, as continued growth in oil and natural gas production and the use of renewables combine with demand-side efficiencies to moderate demand growth. The United […]
The City of Austin is like a “drug addict” that is “addicted” to some $156 million in annual revenues diverted from Austin Energy to city coffers, Sen. Troy Fraser said during a hearing on SB 1945, which would provide the potential opportunity for certain large customers at Austin Energy to take competitive electric supply. The […]
