At least 75% of Libya oil production is shut down by one report. And the NG line to Italy was shut down - provides ~10% of Italy's NG. A natural gas line under the Med all the way from Libya to Italy?! Who knew? Learning more day by day ain't we?
An attack on Iraq's largest refinery over the weekend shut down that 150kbpd of production. Blamed on AlQaida. Doesn't help things at all. And, O yea, the Friday Baghdad demonstration (riot) with 15 killed.
Solar down today on Italy drafting a cap on solar installs for immediate implementation with no grandfathering.
Lazard Capital estimates $90B potential LED market in 5 yrs from present $5B. Though Ron Paul joined 19 others to repeal the '07 act that mandated obsolescence of incandescents. They can still get their daughters replacements for their Easy Bake Ovens and heat lamp replacements. But no, they want to keep us in 19th century tech. O. Sure. Incandescents are cheap and what right does government have over biz to outlaw product? Except street drugs I guess. Thank goodness we repealed Prohibition. O, overly waxing on this one I am aren't I.
Buried in the Wisconsin bill to strip collective bargaining is provision to allow no-bid contracts to sell off the states' power plants with no PUC review. Hm. Wouldn't be a request from the Koch Brothers, would it? Gotta love those little addendums.
Honeywell selected by Chinese org that oversees the grid to participate in project to study demand response, advanced bldg E mgmt.
And the Jasmine Revolution has apparently spread to Oman. They also have oil.
Happy trails pards.
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