Today’s US Gasoline Prices Tapping at 4 Year Highs $UGA, $USO The next time you pull up to the pump to fill up as steadily rising gasoline prices you will learn they are near their highest marks since Y 2014. The price surge comes just ahead of the November midterm elections when California will vote […]
Renewed Calls for EPA Deregulation on E15 Fuel, aka Ethanol $CORN, $CU=F A renewable fuels and corn farmers’ advocate is urging the EPA to “deliver” on President Donald Trump’s promise to fix a regulatory barrier that prevents gas stations from selling 15% ethanol blends year-round. Steve Roe, the general manager of Little Sioux Corn Processors […]
Millennials, Baby Boomers to Fuel Historic Economic Expansion $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, investment guru Ed Yardeni predicted millennials and baby boomers will help the US achieve its greatest economic expansion in history. “They the baby boomers are increasingly becoming minimalists. They are trading down in terms of houses that they want to live […]
President Trump Shreds Hussein Obama Fuel Mileage Regulation $UGA, $USO The Environmental Protection Agency and National Highway Traffic Safety Administration jointly proposed Thursday to cap fuel economy requirements at a fleet average of 37 mpg starting in Y 2020. Under the Hussein Obama plan, the fleet-wide fuel economy would have risen to 47 mpg by […]
Elon Musk and Tesla (NASDAQ:TSLA) Have Made 100’s of Millions from California’s EV Mandate $TSLA The Trump Administration proposed rolling back Hussein Obama-era fuel economy standards, including withdrawing California’s authority to regulate carbon dioxide emissions from cars and mandate EVs The decision not only sets up the White House for another legal battle with California, […]
F1: Ferrari (NYSE:RACE) Resolves Fuel Consumption Issue $RACE The Big Q: Did the upgraded Ferrari F1 engine run at the Canadian GP resolve the fuel consumption issue they had in the beginning of the season? The Big A: That is a complex question. This is how the experts see it: As well as simply improving the […]
F1: Ferrari (NYSE:RACE) Votes in Favor of Aero Changes $RACE F1’s governing body the FIA has approved rule changes designed to increase overtaking and promote closer racing in as part of an ongoing initiative to win back fans. From next year, F1 aerodynamics will be simplified. The racing cars will have a front wing with […]
EPA Planning Roll Back of Restrictive Automotive Fuel Economy Standards $RACE, $GM, $F, $FCAU, $TM, $VLKAY The Trump Administration is expected to launch an effort to weaken greenhouse gas emissions and fuel economy standards for automobiles, handing a victory to car manufacturers and giving them reasons to roll back restrictive industry standards worldwide. The EPA’s […]
Tesla’s Musk (NASDAQ:TSLA) Latest Promises Break “The Laws of Batteries” $TSLA Elon Musk knows how to make promises and he know very well how not to deliver, smiling on the way to the bank. Even by his own standards, the promises made last week are monuments of envelope pushing. To deliver, according to close observers of battery technology, […]
Sugar Is Responsible for Disease Facts: Refined sugar was not consumed on a daily basis until 100 years ago. Before that, it was a treat afforded by the very rich as sugar cane was a difficult crop to grow. In the past 100 years, rates of obesity, heart disease, Type 2 diabetes and numerous other chronic diseases have skyrocketed. […]
President Trump Committed to Righting the Wrongs of Hussein Obama Barack Obamacare is head for the shredder in the Oval Office. Tuesday, The Trump Administration proposed to repeal former President Barack Hussein Obama’s sweeping plan for paring Greenhouse gas emissions, opening a window for a revival of coal-fired electricity. The formal rollback of the Clean […]
US Fuel Economy Standards Unrealistic $F, $GM, $TM, $FCAU, $VLKAY, $HMC The Trump administration is continuing its efforts to roll back Obama-Era regulations, and the Clean Power Plan may be next. The signature plan under former President Barack Hussein Obama was finalized in Y 2015 as part of ongoing efforts to fight climate change. The rule required […]
Record Fuel Inventories to Buffer Supply Shortfalls Caused by Harvey $USO, $UNG, $UGA Record Crude Oil and refined products stocks will cushion potential shortages caused by Hurricane Harvey, the International Energy Agency (IEA) said Tuesday, adding that it could release emergency oil stocks in the event of extended outages. Some Crude Oil production and about […]
Tesla’s (NASDAQ:TSLA) Stock Reissued a “Sell” Rating $TSLA, $GM, $VLKAY Tesla Inc. (NASDAQ:TSLA)’s stock had its “Sell” rating reissued by analysts at UBS AG in a report released Wednesday. According to Balance Sheet of TSLA, total cash on most recent Quarter is 4.01-B. “Bans of gas and diesel vehicles in Europe are on the distant […]
Top 10 Countries with the Cheapest and Most Expensive Gasoline Prices The price of Crude Oil has remain volatile in recent months, even as the supply glut continues amidst stagnating demand. Although the Organisation of Petroleum Exporting Countries (OPEC) along with other major Crude Oil producers agreed to maintain output cuts until early next year, […]
PetroChina Company Limited (HKG:0857) Protested by Myanmar Nationals PetroChina submitted a development plan of Block 58, in Peru, to state energy agency PeruPetro. The plan calls for drilling 60 wells in six years to tap the 3.9 Tcf gas reserves in the block. The uncertainty lies in the gas pipeline construction, which was suspended as […]
Pilgrim Petroleum Com STK USD1 (OTCMKTS:PGPM) HEFFX Highlights Pilgrim Petroleum Corp (PGPM) Needle Moving 32.04% Pilgrim Petroleum Completes Acquisition of Controlling Interest Oil and Gas Assets Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the […]
The Biology of the Brain, How Bad Habits Like Sugar Addiction Happen An article published by CNN Health is a reminder us that the connection between the brain’s nucleus accumbens and prefrontal cortex drives intentional actions, such as deciding whether we will take another bite of chocolate cake, or not. The prefrontal cortex also activates […]
“How we Humans got our Big Brains…we ate Fruit” Humans likely developed large and powerful brains with the help of fruit researchers said recently. Eating fruit was a Key step up from the most basic of foodstuffs, such as leaves, and provided the energy needed to grow bulkier brains, the scientists declared. “That’s how we got […]
1,000,000 American Jobs at Risk on Fuel Economy Standards $F, $GM, $FCAU About 1-M US jobs are at risk if fuel-economy rules do not align with market reality, according to Ford Motor Co. CEO Mark Fields. Mr. Fields and fellows: General Motors Co. (NYSE:GM) CEO Mary Barra and Fiat Chrysler Automobiles NV’s (NYSE:FCAU) CEO Sergio […]
America Can Become The Global Energy Powerhouse $USO, $UNG The Shale revolution has put America on the path to becoming a global Crude Oil and Nat Gas powerhouse. The ability to find more buyers as US capacity increases at a competitive price will dictate how dominant the US will become as an energy power in […]
Auto Industry Will Push for Rollback of Fuel Economy Regulations $F FoMoCo (NYSE:F) plans to push President Elect Donald Trump to soften US and state fuel-economy rules that hurt profits by forcing automakers to build more EV’s (electric cars) and hybrids than are warranted by customer demand. In Y 2008, there were 12 EVs offered […]
GM (NYSE:GM) Ramps up Bolt EV Production $GM, $TSLA General Motors Co (NYSE:GM) is ramping up production of Chevrolet Bolt electric cars at a factory north of Detroit and is on track to start delivering vehicles as promised by the end of the year, company officials said Friday. GM will be 1st to offer an […]
Iran Starts Construction on 2nd Nuclear Power Plant Iran began building its 2nd nuclear power plant with Russian help Saturday, the 1st such project since last year’s landmark nuclear deal with world powers. The project in the southern port city of Bushehr will eventually include two power plants expected to go online in 10 years. […]
Record Number of Lithium-Ion Batteries Shipped in 1-H of 2016 Commentary: “Lithium is our new fuel, but like fossil fuels, the reserves miners are currently tapping into are finite, and that is what investors can take to the bank.” PE Japan and South Korea have both recorded record high levels of lithium-ion battery exports in 1-H of […]
S&P Maintains Strong Abu Dhabi Ratings The agency affirmed its ‘AA’ long-term ratings for the emirate despite low Crude Oil prices Ratings agency S&P has maintained its strong ratings for Abu Dhabi despite the impact of low Crude Oil prices on the Emirate’s economy. In its latest report, S&P affirmed its ‘AA’ long-term and ‘A-1+’ short-term […]
Solar Impulse 2 Completes Historic Round-the-World Flight The Zero-fuel plane landed in Abu Dhabi Tuesday morning, more than a year after setting off from the UAE capital Solar Impulse 2 has completed its round-the-world trip powered only by the Sun after landing at Abu Dhabi’s Al Bateen Airport Tuesday morning. The Zero-fuel aeroplane set off […]
San Gabriel, California, Wildfires Rage, Residents Warned of Evacuations The Fish and Reservoir fires, which authorities are now calling the San Gabriel Complex Fire, burned more than 5,400 acres overnight. The 2 wildfires burning in the Angeles National Forest, dubbed the San Gabriel Complex Fire, are burning out of control, and more residents are being […]
Southwest Wildfires Raging in Record High Temperatures Update: Wildfire warnings were posted across parts of 3 Western US states Sunday as a heat wave baked the region in record, triple-digit temperatures, stoking flames in California from the coastal foothills outside Santa Barbara to desert brush near the Mexican border. For an area stretching from Southern […]
Update: Santa Barbara Wildfire, “it is Very Hot and will get Hotter” The wildfire in Santa Barbara County, California has burned thousands of acres and prompted the declaration of a local emergency as firefighters continue into the weekend facing extremely difficult conditions. More than 1,200 personnel were responding to the wild fire, which has been […]
F1: Ferrari to Have Upgraded Power-plant for Canadian GP $RACE Ferrari (NYSE:RACE) will seek extra power from a new-spec turbo, plus enhanced tire grip in qualifying this weekend for the Canadian Grand Prix. The Scuderia will install the new turbo on Sebastian Vettel’s 3rd power unit of the season for this weekend’s race around the […]
Fire and Flood Season, a View from Montana Most years May/June is the time we start to worry about Fire and Flood. If there is a heavy snowpack the worry is about a June flood, if a low snowpack the worry about a long fire season. With a huge $7-B wildfire (that is still burning) […]
People are Asking, “Are Electric Cars the Future of Motoring?” $GM, $TSLA, $DDAIF, $BMW:DE, $POAHY Not too long EV’s (electric vehicles) were a rarity on the road and the track, and dream of hardcore environmentalists. That seems to be changing now and consumers are to believe the media hyperbole and some industry experts, EV’s will […]
Bark Beetles Ravage Drought-stricken Forests in California Armies of bark beetles are ravaging drought-weakened pine trees forests throughout California in a fast spreading epidemic that biologists fear could soon turn catastrophic. Local, state and federal officials are helpless against the pestilence, which has turned hundreds of thousands of acres of forest brown and left huge […]
Philippines Seeing Strong Domestic Demand Continued demand for capital and consumer goods drove imports growth of 11.7% in March this year, the National Economic and Development Authority (NEDA) said this week. The agency reported that imports reached US$6.4-B from 5.7-B in the same frame last year. “This is on account of higher purchases of capital […]
Smoke From Wildfires Kill People Wildfires like the ones raging in Indonesia cross mountains and oceans, spreading lung-clogging particles and toxic chemicals. The emissions from wildfire smoke have tremendous public health implications. Around the world, billions of people are finding that the air carries a dangerous dose of smoke as wildfires become bigger and more intense. […]
Wildfires’ Fueled by Weather, Wind & Dry Underbrush Uncontrolled blazes fueled by weather, wind, and dry underbrush, wildfires can burn acres of land consuming everything in their paths in minutes. On average, more than 100,000 wildfires, aka wildland fires or forest fires, clear 4 to 5-M acres of land in the US every year. In […]
Massive Wildfires are Burning Around the World Alberta’s unusually early and large fire is just the latest of many huge fires on an earth that’s grown hotter with more extreme weather. Earlier this year, large wildfires hit spots on opposite ends of the world, from Tasmania to Oklahoma-Kansas. Last year, Alaska and California pushed the […]
Wildfires in the Western US and Climate Change The number of large wildfires has nearly 2X’s since the 1980’s, and the average length of wildfire season has grown by more than 2 months. Research shows that changes in climate, especially earlier snowmelt and warming in the spring and summer, have helped boost this increase in […]
Wildfires can Pump more CO2 into the Atmosphere than Cars As forest fires devour trees and other plants, they release the carbon stored in the vegetation into the atmosphere. Scientists at the National Center for Atmospheric Research (NCAR) and the University of California used satellite observations of fires and a computer model to estimate just […]
Deforestation, Prime “Man Made” Contributor to Global Warming Deforestation may well be the Key “man-made” contributor to global warming. Cut down trees gradually rot, giving off CO2 (carbon dioxide) the most important of the man- made, heat-trapping ‘Greenhouse gases’. Burn them, they give off CO2 faster. A possible solution is to manage this deforestation prudently, […]
Commodities Industry Turns Trees into Cash, Fuel and Waste Deforestation is clearing our planet’s forests on a massive scale, often resulting in damage to the quality of the land. Forests still cover about 30% of the world’s land area, but huge areas are lost each year to commercial interests. The data shows that the world’s […]