Last week May Natural Gas took out its last swing bottom at 2.527. The move not only resumes the downtrend, but it also indicates further downside pressure is likely. Additionally,…
“The construction of skyscrapers that qualify as the “World’s Tallest Building” tends to coincide with major downturns in the economy” Mark Thornton The “skyscraper index” is a reliable warning signal…
May Crude Oil futures posted a modest gain last week with better-than-expected U.S. economic news the catalyst behind the move. The market started out weak as follow-through selling fueled by…
Amidst soaring oil prices, renewable energy advocates have two eyes of the needle to pass through. The first is that their kilowatt hour of electricity production is currently higher than…
As the world prepares to commemorate next week the first anniversary of the Fukushima nuclear disaster, Japanese scientists are warning that Tokyo is in increasing danger from a potential massive…
Conflicts in the Middle East and North Africa are likely dragging on broader economic recovery as oil prices move to relative highs. In Syria, any recovery in oil production will…
On 7 March the government of Australian Prime Minister Julia Gillard said that Sydney would house the country’s new Clean Energy Finance Corp., announced in 2011 as part of…
The renewable energy and energy efficiency sectors received most of the US federal government’s $24 billion in energy subsidies last year, but fossil fuels will win out this year as…
Who could have dreamed solving climate change would be so easy? A new paper in Environmental Research Letters called “Greenhouse gases, climate change and the transition from coal to…
The electric power industry is driven by boom and bust cycles as market fundamentals and volatility sends signals to market participants to speed up or slow down their efforts. One…
A delegation from the International Energy Agency spent two days in Baghdad speaking with high-ranking officials in preparation for an end-of-year report on the country's oil sector. By some estimates,…
One of the most striking social phenomena of industrializing societies is that, when the nation’s economy begins to improve, those on the land increasingly move to the cities for greater…
It has been six weeks since we last discussed the problems that could be in store for the U.S.'s East Coast due to closing of refineries in the Philadelphia area.…
First, the good news. Bolivia has South America's second largest proven natural gas reserve, totaling approximately 24 trillion cubic feet (tcf), according to the U.S. Geological Survey. Of this, 85…
The news out of Detroit had all the feel of a wake. GM announced that it was suspending production of the Chevy Volt idling its Hamtramck factory…
My personal journey into home energy reduction began with taking stock of past energy use as reported on my utility bills. I quickly migrated toward reading the meters directly to…
It’s hard not to be downcast when reading much of the news from Africa, ravaged as it is by wars, hunger, poverty, famine and rapacious Western companies intent on exploiting…
In the 32 years of his benighted rule, Zimbabwe’s President Robert Gabriel Mugabe has done more damage to the country than its white-led minority government ever did. With the exception…
Nigeria's main rebel group announced recently that it killed four police officers and was considering taking on more hostages in a renewed offensive. With the U.S. State Department issuing a…
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.