Category: Market Commentary
Using Ocean Temperature Differences to Create Renewable Energy
Ocean Thermal Energy Conversion (OTEC) is an idea for creating renewable energy by exploiting the difference in ocean temperatures between the surface and the seabed. The OTEC permit office first opened in 1981 as part of NOAA, America’s National Oceanic and Atmospheric Administration, the marine counterpart to NASA. It was created after the oil price [...]
View PostAhmedinejad Visits Latin America, Washington Implores and Seethes
Could Crude Oil be the best the market for day traders? Find out by taking a no risk 7 day trial At the best of times, the U.S. government is regarded as somewhat out of touch with what’s happening in the American “heartland,” much less the world at large, so much so that the phrase [...]
War Imminent in Straits of Hormuz? $200 a Barrel Oil?
War Imminent in Straits of Hormuz? $200 a Barrel Oil? The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Iranian Navy has been holding its ten-day Velayat 90 naval exercises, covering an area in the Arabian Sea stretching from east of the Strait of Hormuz [...]
Has the Gold Bubble Burst
In our weekly recap we have been fairly consistent that gold has been in a downtrend but does that mean that the bubble has burst? In September prices rallied to a high of $1,923.70 and it is now closing the year at its lowest point since mid-July at $1,564.80. That is a drop of more [...]
Uncertainty Will Rule the Financial Marketplace in 2012
The past year has been a wild ride for many investors and Traders and although there are still some lingering problems in the global economy many analysts are expecting to see a modest rally in 2012. In 2011 traders had to digest a lot of bad news, which included: problems with the U.S. debt ceiling, [...]
Earthquakes, Water Pollution and Increased Greenhouse Gas Emissions- Fracking – Strike Number Three?
The last decade has seen a sustained campaign by the hydraulic fracturing (‘fracking”) industry against its critics, as the fracking industry in the U.S. alone was worth an estimated $76 billion in 2010 and is projected to grow to $231 billion in 2036 if only those pesky environmentalists can be sidelined. According to Washington’s energy [...]
Canada Withdraws from the Kyoto Convention
Canada has announced its intention to withdraw from the Kyoto treaty on greenhouse gas emissions (GGE), sandbagging the other signatories to the convention. The Kyoto protocol, initially adopted in Kyoto, Japan in 1997, was designed to combat global warming with the agreement allowing countries like China and India take voluntary, but non-binding steps to reduce [...]
Special Commodities Outlook
Despite the holiday trading season, investors were out in full force on Wednesday selling riskier assets and jumping into the U.S. dollar and U.S. Treasury markets. Many analysts are starting to raise concerns that the European debt problems could start spilling over into the U.S. Economy. After leaving rates unchanged on Tuesday, the FOMC released [...]
India Embraces Solar Power, Says Price Will Equal Thermal Power in Five Years
Economic South Asian superpower India has firmly embraced solar power, advancing the target date by five years for selling solar-generated electricity at the same rate as electricity generated by fossil fuel plants, from 2022 to 2017. According to government officials, the reason for moving the date forward is plummeting tariffs in the latest solar development [...]
Solar Yacht Sails Around the World Powered by Nothing More than the Sun
The World Future Energy Summit has recently finished in Abu Dhabi and for me one of the highlights was the Turanor, an impressive solar powered yacht designed and built by Planet Solar. It is the largest boat of its kind to ever sail and the first to ever circumnavigate the globe powered entirely by the [...]
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