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Article Archive | Page 1166

ADB Launches $9 Billion Plan for Solar Energy in Asia

May 05, 2010 at 08:59

The Asian Development Bank launched a $9 billion solar power initiative to develop projects generating 3,000 megawatts by 2012. The announcement, which came at the regional lending agency’s annual meeting…

Bank Lending and Other Key Stats Take a Turn for the worse

May 04, 2010 at 13:37

I wrote last month that several economic indicators seemed to be turning positive. I may have spoken too soon. The last two weeks a number of key stats have…

Gulf Oil Spill Threatens Halt to White House Offshore Drilling Plans

May 04, 2010 at 09:54

The oil spill in the Gulf of Mexico from a collapsed offshore drilling rig could affect White House plans to extend offshore drilling, press secretary Robert Gibbs acknowledged as the…

Nigeria "Back in Business" as Jonathan's US Visit Highlights Renewed Control of the Government

May 04, 2010 at 09:17

The visit to Washington, DC, in April 2010 by Acting Nigerian Pres. Goodluck Jonathan, ostensibly as part of US President Barack Obama's Nuclear Security Summit (NSS) gave Nigeria the opportunity…

Gulf Oil Spill Rapidly Expanding Through Region (Picture)

May 03, 2010 at 13:40

The NOAA picture below predicts the potential path the Gulf Oil Spill could take. This is where it could have spread to by the end of the day. At…

Where would we be without offshore oil?

May 03, 2010 at 12:20

As oil continues to pour into the Gulf of Mexico, I thought it might be helpful to review how we got where we are today. The graph below shows total…

Australia’s Super Profits Tax on Resource Companies Leads to Immediate Fall-Out

May 03, 2010 at 12:01

Australia sent the major miners into a tailspin overnight. The Rudd government announced Sunday night that it will impose a new "resource super profits" tax on mining, oil and gas,…

Oil, Greece & China – On a Collision Course with Reality

May 03, 2010 at 11:49

A chart of exponential growth/depletion may be the "chart of the century." The chart displays two lines: the blue line traces out exponential growth (for example, in demand for oil,…

Economic Strategy of Turkmenistan

May 03, 2010 at 09:47

In April 2010, President Gurbanguly Berdimuhamedov of Turkmenistan made public his newly released “Economic strategy of Turkmenistan: Relying on the people, for the sake of the people.”  “…The…

The Coming Boom in Rare Earth Metals

May 02, 2010 at 09:33

Interest in Rare Earths is starting to heat up in a dramatic fashion, and it something you should keep on your radar. So named because they were hard to get…

The Gulf of Mexico Oil Spill - No Easy Economic or Environmental Solutions

May 01, 2010 at 12:41

We have all been reading about the blowout that led to huge fire and sinking of the Deepwater Horizon drilling rig in the Gulf of Mexico. Now there is news…

Economic Data, Oil Spill Push Crude Prices Higher at End of Week

Apr 30, 2010 at 16:26

Oil Market Summary for: 04/26/2010 to 04/30/2010 Stubbornly high crude oil inventories continued to stymie bulls through the middle of the week, but the market seized on positive economic data…

Why the Stock Market and Oil are Rallying

Apr 30, 2010 at 13:25

Below are two self-explanatory charts which shed light on the current rallies in the stock market and oil. The first is a long-term snapshot of the Dow Jones Industrial Average,…

The Recession is Over

Apr 30, 2010 at 13:08

That's the big take-away from today's report from the Bureau of Economic Analysis that the seasonally adjusted real value of the nation's production of goods and services grew at…

Japanese commercial banks are hurting. Will the government step in with more bailouts?

Apr 30, 2010 at 11:27

Sometimes the briefest bits of information are the most critical. The Bank of Japan today put out its usual one-page summary for the April meeting of its Policy Board. The…

U.S. Approval of Cape Cod Offshore Wind Project Will Not End Controversy

Apr 30, 2010 at 09:38

The Obama administration approved the controversial Cape Wind project, which calls for a wind farm of 130 turbines in Nantucket Sound and will be the first offshore wind project in…

The Gravitational Pull of Financial Disaster

Apr 29, 2010 at 11:38

There are two views on the economy and stock markets. The first (and most widely-held) is that these are "responsive systems". Prices for homes, stocks and labour react to events…

Syria Appeals For More Foreign Oil Money Yet Bureaucracy Remains A Questionable Obstacle

Apr 29, 2010 at 11:23

As Syria aggressively courts foreign investors to rescue its dwindling oil and gas sector, government corruption and problems settling disputes remain sticking points for some interested international players. But experts…

Signpost Event Signals the Geothermal Business is Ready for Prime Time

Apr 28, 2010 at 15:03

Scenario planners like Peter Schwartz often talk about "signpost" events. These are happenings, often small in and of themselves, which suggest a larger change rippling through the ether of a…

Speculation Affects Oil Prices but New CFTC Limits May Not Stop It, Survey Finds

Apr 28, 2010 at 08:43

Almost three-quarters of top oil industry participants surveyed by Reuters feel that financial speculation contributes to oil price volatility, but many of them think new regulations to curb speculation may…

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