Unclear – but a little ray of sunshine for alternative fuels was provided on 1 December, when the Inter-American Development Bank (IDB) approved a $70 million loan to Mexico to boost funding for renewable energies in electricity generation to reduce greenhouse gas emissions.
The loan, whose funds were provided from the IDB Clean Technology Fund, will be matched by financing from Mexico’s loan Nacional Financiera (NAFIN) development bank, along with an additional $70 million provided by an existing IDB conditional line of credit approved two years ago, for a total of at least $210 million.
The Clean Technology Fund IDB loan will be used for the construction of at least 10 renewable energy facilities, in particular wind power plants and small hydroelectric plants, increasing Mexico’s installed energy capacity from renewable sources, generating an estimated savings of greenhouse gas emissions of up to two million tons of CO2 annually.
Bereft of its platitudes and PR buzz, the discussion comes down to simple facts.
Does Mexico want the quick peso by developing its shale natural gas reserves as soon as possible, or is it willing to take a longer term approach to renewable energy? Given the immense fiscal reserves of its giant northern neighbor and its mastery of fracking technology, the answer might seem to be fairly clear cut, and one cannot discount the inevitable influence of corruption in advancing agendas.
According to the 2000 census, only 55 percent of Mexicans received drinking water of adequate quality. Given fracking potential to pollute aquifers, if might be time for Mexico city to forgo the quick peso and tell its remaining 45 percent to citizens to be a tad more patient while the government acquires more renewable energy grants.

Source: http://oilprice.com/Energy/Natural-Gas/Mexico-Rising-Natural-Gas-Superstate.html

By. John C.K. Daly of Oilprice.com

Learn more about TheTradingZone and the unique trading methods developed by Greg Weitzman, by listening to this interview below.

This is a 3 part interview conducted with Ben Lichtenstein of Traders Audio.
Traders Audio, the leading distributor of squawk box audio for traders, provides live coverage of all the pit action as it unfolds throughout the trading day!

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On Friday Nov 20 at 6 AM local time at the Las Vegas Traders Expo, Greg Weitzman from TheTradingZone introduced a to a live audience a small portion of the trading methodology.

Of all the events and seminars given over the 3 day period Greg was the only Trading Educator prepared to take Live Trades in order to demonstrate his trading methodology.

This new setup is derived from the core concepts of TheTradingZone trading methodology, but allows traders to accelerate the time frame in order to find trades in ANY market environment.

It’s a simple 1 to 1 risk reward using 5 tick stops and 5 tick profits. We will calling the setup the 5 X 5 Five By Five.

The benefits of the setup are clear to newer or smaller traders.

1. More trading opportunities, by accelerating the chart we can capture 20+ setups a day
2. Simple Entry Rules
3. Automated Trade Management, just set your trading DOM to use a bracket with 5 tick stops and 5 tick target

Here is the trade taken live at the seminar.