Friday, September 23, 2011

STUFF

LNG prices surging to 3-year high. Higher demand from Japan, China, India. 27% jump from China in 1H. Prices may be up 71% yoy by winter. $16/Mbtu a recent price. May hit $20 in winter.

Solyndra CEO taking the 5th today in Congress. One report said they blame DOE for their demise.

Venezuela now considered to have bigger oil reserves than Saudi Arabia.

>20 new coal plants being planned or already under construction in Germany.

Texas joined Kansas in sueing EPA over interstate emission rules.

Japan's PM hinting at restarting reactors next year. Russia to extend life of their aging reactors.

A top Repub senator blasted Dem leaders for not following through on promise of energy policy debate.

Brazil sees climate change impacts on crops.

World Bank wants end to fuel subsidies.

Greek Cypriots started drilling for NG, raising tensions on the island.

Clinton (Bill) blasted GOP for denying climate science. "US looks like a joke".

Happy trails, pards.

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