By sitting around and watching opportunities pass by Warren Buffet, the legendary investor who has been at the helm of Berkshire Hathaway and made a fortune for himself and his shareholders, was once asked how to make a million. His answer: Buy an airline for a billion and watch your investment shrink to a million.… Keep reading →
Natural gas inflows to the US northeast region are changing significantly due to massive indigenous production increases from the Marcellus Shale. In fact, according to the EIA, there have been days in 2013 when the northeast was a net-gas exporter to Eastern Canada. “Natural gas production in the northeastern United States rose from 2.1 billion… Keep reading →
The EIA’s latest Short-Term Energy and Winter Fuels Outlook finds US households heated with natural gas, propane and electricity face higher heating bills this winter. Projected changes in residential expenditures from last winter are: 13% higher for homes that heat primarily with natural gas 9% higher for propane 2% higher for electricity 2% lower for… Keep reading →
Recent enforcement actions by the Federal Energy Regulatory Commission on alleged manipulation of US power markets are “alarming” and set a dangerous precedent that departs from previous cases, a Harvard professor and former International Association for Energy Economics president told energy traders gathered in New York City this week. FERC is endangering the functioning of… Keep reading →
Canadian security agencies have been briefing representatives of energy companies who have obtained high-level security clearances, according to freedom of information documents obtained by the Guardian. “Meetings were officially billed to discuss ‘threats’ to energy infrastructure but also covered ‘challenges to energy projects from environmental groups’, ‘cyber security initiatives’ and ‘economic and corporate espionage’.” [Guardian]… Keep reading →
The New York State Department of Environmental Conservation (DEC) provides on its web site many claims about the great progress and benefits achieved by promoting and subsidizing wind energy in the state – an initiative kicked off by former Governor Pataki and followed slavishly by each succeeding administration and legislature. Unfortunately, like other promoters of… Keep reading →
Today (Last Year) in #Energy : Wholesale #electricity prices were mostly lower in 2011 http://go.usa.gov/RIF EIAgov
