In this Monthly Wrap-up, we discuss the ongoing “Energy Crisis” and a Big China High-Tech Boondoggle. Actually, I was quite surprised when I came across this information showing how advanced China was compared to the rest of the world in scaling up this transport technology. And, when I say “Advanced,” I don’t mean in a GOOD WAY…
Falling Global Energy Inventories continue to worry the market. With the world now dealing with a global “Energy Crisis,” many analysts believe this is just a temporary problem, and it isn’t. The Global Energy Crunch and energy shortages are a symptom of reaching the ENERGY CLIFF…
After Biden called out for OPEC & Russia to pump more oil to help ordinary Americans, he was promptly refused. And, not only Biden, but the Secretary of Energy also publicly blamed OPEC for high crude oil prices. This is simply amazing when we realize that the United States is still the largest producer of oil…
The world continues to suffer from more disruption in the global energy system and markets. In this new Metals, Market & Energy Update, I show what’s happening with the U.S. and global energy inventories. I also provide information on the Global Gold ETF market and how that is impacting the gold price…
Due to the passage of the Illinois State Clean Energy Bill, two nuclear power plants facing retirement this month have been reversed. The Byron and Dresden Nuclear plants, run by Exelon Energy, were facing retirement due to operating losses from competing with lower-priced fossil-fuel electric generation…
Is the oil price going up to $200 a barrel? Some analysts believe we are heading for much higher energy prices. While this may be the case, we need to look at the fundamental data to understand the energy markets better. Also, don’t high gasoline prices impact consumer demand? Sure it does…