STUFF

Philly Fed factory activity index dropped to lowest since March '09. Do that math.

SPIR got patent for nano-PV devices that when applied to cancer cells controls or limits their growth. Stock up 22% today.

DOE gave $102M loan guarantee for $120M 50MW Maine wind farm and 8-mile transmission line. Siemens turbines. Towers made in Vietnam. Online by year-end.

Duke E  planning a 200MW wind farm near TX Gulf coast. Wind blows strongest there during peak el demand. Will sell the power to CPS (San Antonio) in 25-yr PPA.

N. Sudan wants S. Sudan to pay $32/bl - triple the going rate - to transport the south's oil to port. China working with N. Sudan. South talking with Japan on building new pipe through Kenya to Indian Ocean port. South controls 80% of Sudan's 7B bls, 490kb/d production. New pipe would cost ~$1.5B. Kenya already spending $4B to upgrade the port and corridor to S. Sudan. Uganda also building a refinery near their 2B bl find at Lake Albert. East Africa, pards.

China rare earth metals prices up 200%+ already this year, some even up to 1000%. It's slowed China's wind industry (37% growth in '10). Their production capacity to reach 29GW this year. Demand expected at 15-18GW.

CREE purchased Ruud Lighting (outdoor LED lighting) for ~$525M. Wonder what that makes EFOI worth.

Perry: global warming a 'theory not proven'. From the governor of a state broiling in heat and drying up this summer. He doesn't want all that money spent on 'theory'.

Bachmann: I promise you $2 gas again. Ok, HOW. Last time we had under $2 was the global economic crisis.

Syria exports 120kb/d of oil. US wants the world to stop buying it.

And India found a way to get around sanctions to pay most of $5B owed to Iran for oil.

Gotta love it, pards. Gotta find ways to love it.