Global market for biofuels, wind power, solar power worth >$188B. By '20, est. $349B. Smart grid systems by '20 est. to be another $46B, EV's $250B, geothermal power $35B. Hydro, nuke numbers not given.
$44.6M in farm bill funding awarded for biodiesel.
White House announced independent review of DOE loan guarantee program.
US court requiring new regulatory review of Cape Wind.
Alaska gov considering shipping state's NG to western ports for conversion to LNG to ship to Asia. I think they have to build a pipeline first. Why not just to Anchorage area for conversion?
France's GDF Suez signed deal with China Investment Corp for minority stake in LNG plant in Trinadad and Tobago and another deal with CNOOC to work on planned LNG floating storage/regas projects in China.
Clean E/energy efficiency projects will be priority in spending from a E69B EU fund from '14-'20 for national/regional govts unable to afford projects on their own. E9B earmarked for transmission networks. EU current budget for networks E163M.
BP's Russian oil venture agreed to buy 45% stake in Amazon oil exploration blocks from Brazil comp for $1B. Possible 789M bls of oil equivalents.
Vestas gave earnings warning for 3Q, hinted further production difficulties could affect full year results.
IEA: demand for OPEC oil will be 500kb/d higher in '12 than pumped last month.
Libya oil output almost at 1/3 - 531kb/d - of prewar levels. Resumption of production moving quicker than expected. 1M to go. That should cover IEA concerns, unless they've already figured that in. Is Libya still in OPEC?
Petro China will supply 25% more NG in coming winter-spring than last year.
Monday, October 31, 2011
MONDAY CLOSE
(stock #'s in %)
Market down 276/52/31. Indeces back under top 200-day line. Volume normal. Oil stayed above $92. Spain economy flat in 3Q. Market was due for a selloff.
PPRW up 82 on news (I didn't read it). GCHT up 57. FEWP up 47. HEVV up 36. BIOF up 34. MMMW up 32. BFRE up 29. ASPW up 22. VSPC up 21. QTMM up 20. EFOI, ENZR up 11. PEIX up 10. VUOC up 5 on news their bulbs will be on Lowe's shelves soon.
CWET down 24. A give back on Friday's gains. CRGE down 19. GEVO down 14. KIOR down 12. GRHU down 11. ASYS, AONE, HSOL, UBRG down 9. ACPW, new low, JASO down 8. CSUN down 7. GTAT, CSIQ down 6. GTAT announced $48M Saudi order. NPWZ down 5. NENE down 4. Eye on - expecting a release soon on their kinetic energy system test (assuming good news).
The come and the go, pards. Onward and upward.
Market down 276/52/31. Indeces back under top 200-day line. Volume normal. Oil stayed above $92. Spain economy flat in 3Q. Market was due for a selloff.
PPRW up 82 on news (I didn't read it). GCHT up 57. FEWP up 47. HEVV up 36. BIOF up 34. MMMW up 32. BFRE up 29. ASPW up 22. VSPC up 21. QTMM up 20. EFOI, ENZR up 11. PEIX up 10. VUOC up 5 on news their bulbs will be on Lowe's shelves soon.
CWET down 24. A give back on Friday's gains. CRGE down 19. GEVO down 14. KIOR down 12. GRHU down 11. ASYS, AONE, HSOL, UBRG down 9. ACPW, new low, JASO down 8. CSUN down 7. GTAT, CSIQ down 6. GTAT announced $48M Saudi order. NPWZ down 5. NENE down 4. Eye on - expecting a release soon on their kinetic energy system test (assuming good news).
The come and the go, pards. Onward and upward.
MONDAY OPEN
(stock #'s in %)
Market down 131/26/15. Volume extremely light but most of Connecticut without power. Oil down under $92.
OECD lowered growth forecast for US, Europe. Says US will grow 1.7% this year, 1.8% next, down from previous 2.6% and 3.1%. Europe to grow 1.6% in '11, .3% in '12, down from 2% each year.
Chicago Purchasing Managers Index down to 58.4 in Oct v. 60.4 in Sept. 50 the line between contraction/expansion.
Ethanols still jumping. BIOF up another 31, over double in last 3 days. BFRE up 16 on financing/project news. PEIX up another 11.
QTMM up 20. SPOW up 19. ASPW up 16. CPWY up 15. HEVV up 13. DSTI up 11. NPWZ, MMMW up 10.
BCON bankrupt. Got $67M DOE loan guarantee. Down 72. CWET down 31. CRGE down 19. VNDB down 16. JUHL down 13.
UK plans 55% cut in solar subsidies. Merrill says sell FSLR, down 8. SPWRA also down 8. JASO, CSUN, HSOL down 7. CSIQ, GTAT down 4.
Market down 131/26/15. Volume extremely light but most of Connecticut without power. Oil down under $92.
OECD lowered growth forecast for US, Europe. Says US will grow 1.7% this year, 1.8% next, down from previous 2.6% and 3.1%. Europe to grow 1.6% in '11, .3% in '12, down from 2% each year.
Chicago Purchasing Managers Index down to 58.4 in Oct v. 60.4 in Sept. 50 the line between contraction/expansion.
Ethanols still jumping. BIOF up another 31, over double in last 3 days. BFRE up 16 on financing/project news. PEIX up another 11.
QTMM up 20. SPOW up 19. ASPW up 16. CPWY up 15. HEVV up 13. DSTI up 11. NPWZ, MMMW up 10.
BCON bankrupt. Got $67M DOE loan guarantee. Down 72. CWET down 31. CRGE down 19. VNDB down 16. JUHL down 13.
UK plans 55% cut in solar subsidies. Merrill says sell FSLR, down 8. SPWRA also down 8. JASO, CSUN, HSOL down 7. CSIQ, GTAT down 4.
Sunday, October 30, 2011
STUFF
Rossi 1MW cold fusion device was demonstrated in Italy to first customer. Came up with >400KW for >5hours. So went the report.
BP Wind Energy buying 350 GE turbines and 5-yr service agreement for US projects for '11-'12 development in PA, KA. ~$750M, 560MW.
$23M solar project in MA with $11.8M in state, fed subsidies will be using Chinese solar panels. AFL-CIO fighting. 4.5MW. Just rankles, doesn't it? Why aren't the subsidies dependent on US purchases? Well, there's that protectionism thing.
AES Wind turned on 98MW WV wind farm with 32MW of batt energy storage. Supplying PJM Interconnection, largest power market in world. GE turbines. AES has 1.9GW wind gen in operation globally, ~1.4GW in US.
Duke's new coal gasification plant in IN price tag now above $3B from original est. of $1.9B. Duke wants customers to pay for overrun. It will use ~1.5M tons of coal/yr, much mined in S. IN. 618MW. Bechtel, GE major contractors.
US wind industry installed >1.2GW in 3Q.
First Wind turned on 40MW wind farm in VT. Clipper Wind 2.5MW turbines.
GE supplying 9 2.75MW wind turbines for Scotland project. Commercial debut of this turbine in N. Europe. Install should be completed this year.
A US-based investment group secured power purchase agreement with Namibia to build 500MW PV solar plant near the capital. Could eventually add wind, grow to 1GW. Cost est. $1.6-2B. May break ground in Jan. Namibia now uses coal power, the coal from neighbors.
BP Wind Energy buying 350 GE turbines and 5-yr service agreement for US projects for '11-'12 development in PA, KA. ~$750M, 560MW.
$23M solar project in MA with $11.8M in state, fed subsidies will be using Chinese solar panels. AFL-CIO fighting. 4.5MW. Just rankles, doesn't it? Why aren't the subsidies dependent on US purchases? Well, there's that protectionism thing.
AES Wind turned on 98MW WV wind farm with 32MW of batt energy storage. Supplying PJM Interconnection, largest power market in world. GE turbines. AES has 1.9GW wind gen in operation globally, ~1.4GW in US.
Duke's new coal gasification plant in IN price tag now above $3B from original est. of $1.9B. Duke wants customers to pay for overrun. It will use ~1.5M tons of coal/yr, much mined in S. IN. 618MW. Bechtel, GE major contractors.
US wind industry installed >1.2GW in 3Q.
First Wind turned on 40MW wind farm in VT. Clipper Wind 2.5MW turbines.
GE supplying 9 2.75MW wind turbines for Scotland project. Commercial debut of this turbine in N. Europe. Install should be completed this year.
A US-based investment group secured power purchase agreement with Namibia to build 500MW PV solar plant near the capital. Could eventually add wind, grow to 1GW. Cost est. $1.6-2B. May break ground in Jan. Namibia now uses coal power, the coal from neighbors.
Saturday, October 29, 2011
STUFF
Record-breaking 89 disasters declared in US this year.
Suspicion that lethal salmon virus escaped from ocean farms into wild of Brit Columbia. Calls for moving farms inland or shutting them down.
1st of new gen of satellites (this one $1.5B) will chart climate change and warn of weather catastrophes.
Enough energy is wasted in Russia each year to power France.
Amazon tribal people invaded new Brazil dam site's worker camp under construction.
Romney - the Mitt - has now transformed to climate change skeptic. Human activity has nothing to do with the pollution that's changing our weather. Really.
TX terminal inked deal to export LNG.
Islamists won Tunisia vote.
BP spill last year might be factor in dolphin deaths in GOM: NOAA. I'm thinking it's also a factor in the decimation of the shrimp population.
Japan: weapons cited as reason to stick with nuke energy. Govt says no. How about the clean energy argument?
Climate change contributed to dry Meditteranean winters: study. What they meant was the dry winters are more evidence of climate change.
Malaysia launched world's biggest algae farm for biofuel.
Onward and upward, pards.
Suspicion that lethal salmon virus escaped from ocean farms into wild of Brit Columbia. Calls for moving farms inland or shutting them down.
1st of new gen of satellites (this one $1.5B) will chart climate change and warn of weather catastrophes.
Enough energy is wasted in Russia each year to power France.
Amazon tribal people invaded new Brazil dam site's worker camp under construction.
Romney - the Mitt - has now transformed to climate change skeptic. Human activity has nothing to do with the pollution that's changing our weather. Really.
TX terminal inked deal to export LNG.
Islamists won Tunisia vote.
BP spill last year might be factor in dolphin deaths in GOM: NOAA. I'm thinking it's also a factor in the decimation of the shrimp population.
Japan: weapons cited as reason to stick with nuke energy. Govt says no. How about the clean energy argument?
Climate change contributed to dry Meditteranean winters: study. What they meant was the dry winters are more evidence of climate change.
Malaysia launched world's biggest algae farm for biofuel.
Onward and upward, pards.
FRIDAY CLOSE
(stock #'s in %)
Dow up 22, Naz down 1. Volume a little heavy. Oil over $93.
BIOF up 54. May be start of move up. PBOF up 50. CWET up 45. DLYT up 32. KNDI, NPWZ up 17. CSKH up another 15. PEIX, WBRE up 13. STRI, MHTX, OESX up 11. HSOL, ZAAP up 10. DSTI up 9. EFOI up 8. PLUG up 7. CSIQ up 6. CSUN up 6, got 23MW solar module supply deal with German comp, all to be shipped 4Q. UBRG up 5.
GCHT down 50. CRGE down 20. BHWX down 18. SPOW down 13. AMLM, PPRW, PTOS down 12. NANO down 9. PWER missed top and bottom lines in 3Q and guided down. Closed flat.
Dow up 22, Naz down 1. Volume a little heavy. Oil over $93.
BIOF up 54. May be start of move up. PBOF up 50. CWET up 45. DLYT up 32. KNDI, NPWZ up 17. CSKH up another 15. PEIX, WBRE up 13. STRI, MHTX, OESX up 11. HSOL, ZAAP up 10. DSTI up 9. EFOI up 8. PLUG up 7. CSIQ up 6. CSUN up 6, got 23MW solar module supply deal with German comp, all to be shipped 4Q. UBRG up 5.
GCHT down 50. CRGE down 20. BHWX down 18. SPOW down 13. AMLM, PPRW, PTOS down 12. NANO down 9. PWER missed top and bottom lines in 3Q and guided down. Closed flat.
Friday, October 28, 2011
FRIDAY OPEN
(stock #'s in %)
Market almost dead zero flat. Volume light. Oil down to $93.
WTWO up 28. NPWZ up 17. RNNM up 10. CSIQ up 9. GTAT up 5.
WBRE down 28 more. 12 cents to 5 in 2 days. Crazy. HEV now HEVV, down 22. AMLM down 17. CREG down 10.
Market almost dead zero flat. Volume light. Oil down to $93.
WTWO up 28. NPWZ up 17. RNNM up 10. CSIQ up 9. GTAT up 5.
WBRE down 28 more. 12 cents to 5 in 2 days. Crazy. HEV now HEVV, down 22. AMLM down 17. CREG down 10.
Thursday, October 27, 2011
THURSDAY CLOSE
(stock #'s in %)
Market up 339/87/42. What the hell happened, huh? Volume 1.5 normal. Haven't even checked oil.
MGLT up 56. Makes sense, really. AFPW up 38. Ditto. BHWX up 26. That's a come and the go. BYDDF up 20. Reportedly a Buffet investment. GTAT up 19. Yep, git this on any comeback. BSRC up 15. FSLR, CSKH, CRGE up 14. ASYS, CBAK up 12. AEBF, AMRS, SZYM up 11. AONE, BWEN, FSYS, ZOLT up 10.
HEV down 42. Feel like Heaving? VVIT down 33. Actually came back some. WBRE down 22. CBWP down 20. WNEA down 18. NPWZ down 15. LEXG down 12. SPOW, UBRG down 6.
Some day.
Market up 339/87/42. What the hell happened, huh? Volume 1.5 normal. Haven't even checked oil.
MGLT up 56. Makes sense, really. AFPW up 38. Ditto. BHWX up 26. That's a come and the go. BYDDF up 20. Reportedly a Buffet investment. GTAT up 19. Yep, git this on any comeback. BSRC up 15. FSLR, CSKH, CRGE up 14. ASYS, CBAK up 12. AEBF, AMRS, SZYM up 11. AONE, BWEN, FSYS, ZOLT up 10.
HEV down 42. Feel like Heaving? VVIT down 33. Actually came back some. WBRE down 22. CBWP down 20. WNEA down 18. NPWZ down 15. LEXG down 12. SPOW, UBRG down 6.
Some day.
STUFF
FPL customers can apply for '12 solar incentives today.
Cincinnati broke yearly rainfall record going back to 1850's. Floods in N. Italy. Usual? Bangkok flood. Not usual. Late monsoon in Nepal not normal. Climate changes.
Alberta accounts for >70% of Canada's NG production. But last 10 yrs decline of 40%. West Can reserves gone from 99TCF 25 yrs ago to 60TCF now. Alberta's production est. to fall to 8BCF/d by '15. But. Horn River Basin (NE BC) heating up. Est. 96TCF reserves (N. Am's 3rd largest). Likely to be piped to West coast for Asia. Look at NXY.
Ousted FSLR CEO made $30M in 15 months.
UQM started volume production of el propulsion systems. 40k units capacity with 2 shifts. El motors/controllers for EV's. Stock moving around 50-day lines today.
LYTS Q3 less than stellar. Revs, profit down. Trying to replace 7-11 biz. Got US Bank Arena contract (Cincinnati).
GPRE beat estimates. Revs up 39%, profit up 93%.
NY panel delaying fracking reports to Feb.
Chinese suspected of attacks on US environmental satellites?!
Worldwide phaseout of leaded gas at hand: UN.
After almost century of damming, White Salmon River runs free.
Red tide, drought "major blow" to TX oyster harvest.
Safety measures lacking at rural petro-storage facilities. I know. Now both sides know.
Tsunami debris continues floating toward Hawaii.
Admin may delay Keystone pipeline decision. Why?
Google-funded mapping revealed vast untapped geothermal sources. Somewhere.
Survey ranked countries, cities at risk for climate change disasters. I'm looking for it.
Installed PV solar capacity in TN up 44% in 3Q. 2.34MW to 3.37. Almost all commercial.
"US wind industry is what successful business looks like with stable tax policy". 3Q report. Wind power now producing 3% of US el. Installed >1.2MW in 3Q.
Over last month US crude imports avg. 8.8Mb/d. Gasoline consumption down 2.7% yoy.
China industrial output expected to grow 11% this year. Diesel shortages worse than usual.
UN: "planet not actually sustaining 7B people". Rut roh.
Thailand to supply 100M liters of ethanol to China. I'm guessing per year.
So, pards. The upward and the onward imbedded in the stuff. Happy trailers.
Cincinnati broke yearly rainfall record going back to 1850's. Floods in N. Italy. Usual? Bangkok flood. Not usual. Late monsoon in Nepal not normal. Climate changes.
Alberta accounts for >70% of Canada's NG production. But last 10 yrs decline of 40%. West Can reserves gone from 99TCF 25 yrs ago to 60TCF now. Alberta's production est. to fall to 8BCF/d by '15. But. Horn River Basin (NE BC) heating up. Est. 96TCF reserves (N. Am's 3rd largest). Likely to be piped to West coast for Asia. Look at NXY.
Ousted FSLR CEO made $30M in 15 months.
UQM started volume production of el propulsion systems. 40k units capacity with 2 shifts. El motors/controllers for EV's. Stock moving around 50-day lines today.
LYTS Q3 less than stellar. Revs, profit down. Trying to replace 7-11 biz. Got US Bank Arena contract (Cincinnati).
GPRE beat estimates. Revs up 39%, profit up 93%.
NY panel delaying fracking reports to Feb.
Chinese suspected of attacks on US environmental satellites?!
Worldwide phaseout of leaded gas at hand: UN.
After almost century of damming, White Salmon River runs free.
Red tide, drought "major blow" to TX oyster harvest.
Safety measures lacking at rural petro-storage facilities. I know. Now both sides know.
Tsunami debris continues floating toward Hawaii.
Admin may delay Keystone pipeline decision. Why?
Google-funded mapping revealed vast untapped geothermal sources. Somewhere.
Survey ranked countries, cities at risk for climate change disasters. I'm looking for it.
Installed PV solar capacity in TN up 44% in 3Q. 2.34MW to 3.37. Almost all commercial.
"US wind industry is what successful business looks like with stable tax policy". 3Q report. Wind power now producing 3% of US el. Installed >1.2MW in 3Q.
Over last month US crude imports avg. 8.8Mb/d. Gasoline consumption down 2.7% yoy.
China industrial output expected to grow 11% this year. Diesel shortages worse than usual.
UN: "planet not actually sustaining 7B people". Rut roh.
Thailand to supply 100M liters of ethanol to China. I'm guessing per year.
So, pards. The upward and the onward imbedded in the stuff. Happy trailers.
2:13P
(stock #'s in %)
Is the Euro deal really this good of news? I guess we'll see.
Market up 330/88/40. Heavy volume.
CBAK, BSRC up 20. GTAT up 18. I know. Should have bought even up 10 this morn. FSLR, BYDDF up 16. ECOS up 15. New biofuels even doing well - VECO up 13, KIOR up 12, AMRS up 10. And the "immoral" ethanol - PEIX - up 12. DSTI up 11. JASO, HSOL, CREE, AMSC, AONE up 10.
VVIT down 66. They do move around. WNEA down 40. AMPD down 28. AMLM, CBWP down 20. QTMM down 17. WBRE down 11 after hitting new high.
I guess the market always has to have some go down. So we don't think it's rigged.
O, bitter not. Enjoy a good day.
Oops, forgot AFPW up 23, NPWZ down 11, SPOW down 13.
Is the Euro deal really this good of news? I guess we'll see.
Market up 330/88/40. Heavy volume.
CBAK, BSRC up 20. GTAT up 18. I know. Should have bought even up 10 this morn. FSLR, BYDDF up 16. ECOS up 15. New biofuels even doing well - VECO up 13, KIOR up 12, AMRS up 10. And the "immoral" ethanol - PEIX - up 12. DSTI up 11. JASO, HSOL, CREE, AMSC, AONE up 10.
VVIT down 66. They do move around. WNEA down 40. AMPD down 28. AMLM, CBWP down 20. QTMM down 17. WBRE down 11 after hitting new high.
I guess the market always has to have some go down. So we don't think it's rigged.
O, bitter not. Enjoy a good day.
Oops, forgot AFPW up 23, NPWZ down 11, SPOW down 13.
THURSDAY OPEN
(stock #'s in %)
Market up 222/50/25. Dow, Naz over top 200-day line. Volume a little heavy. Oil back to $93. Euro deal, of course. Greece 50% debt write down, $1.4B reserve fund. 3Q US GDP up at 2.5% rate, up from 2Q 1.3%.
Germany PV solar installs 5.2GW in year ended Sept 30. They will be cutting subsidies 15% Jan 1. UK's energy minister said they will be cutting their subsides for solar.
MMMW up 28. AFPW up 23. BSRC up 22. HEV up 19. BYDDF up 15. Jumped out of 50-day lines. SPIR up 13 on 300 shs. PEIX up 11 after reporting higher revs, some profit. GTAT up 10. Might consider buying them on any comeback, maybe tomorrow or next few sessions. FSLR up 6. WEST up 5 after reporting higher revs, lower loss.
VVIT, SPOW down 16. NPWZ, WBRE down 14. ACPW down 4.
Market up 222/50/25. Dow, Naz over top 200-day line. Volume a little heavy. Oil back to $93. Euro deal, of course. Greece 50% debt write down, $1.4B reserve fund. 3Q US GDP up at 2.5% rate, up from 2Q 1.3%.
Germany PV solar installs 5.2GW in year ended Sept 30. They will be cutting subsidies 15% Jan 1. UK's energy minister said they will be cutting their subsides for solar.
MMMW up 28. AFPW up 23. BSRC up 22. HEV up 19. BYDDF up 15. Jumped out of 50-day lines. SPIR up 13 on 300 shs. PEIX up 11 after reporting higher revs, some profit. GTAT up 10. Might consider buying them on any comeback, maybe tomorrow or next few sessions. FSLR up 6. WEST up 5 after reporting higher revs, lower loss.
VVIT, SPOW down 16. NPWZ, WBRE down 14. ACPW down 4.
Wednesday, October 26, 2011
WEDNESDAY CLOSE
(stock #'s in %)
Market up 162/12/12. Volume heavy. Oil down under $92.
BLQN up 200 on 100 shares. Really. CBWP up 125 on 2k shares. CPWY up 37. WBRE up 31. LTBR up 29. NPWZ up 28. AMLM up 24. PEIX up 21 after hours after reporting. PSUD up 20. PSPW up 16. CRGE up 12. SPWRA up 10. SPOW up 8. FSLR, UBRG up 6. Watching these guys: ACPW up 5, ENOC up 4, ELON up 3.
MDTL down 46, giving some back. HEV down 41. WNDEF, GNPG down 20. LEXG down 15. VNDB down 14.
And it goes on and on.
Market up 162/12/12. Volume heavy. Oil down under $92.
BLQN up 200 on 100 shares. Really. CBWP up 125 on 2k shares. CPWY up 37. WBRE up 31. LTBR up 29. NPWZ up 28. AMLM up 24. PEIX up 21 after hours after reporting. PSUD up 20. PSPW up 16. CRGE up 12. SPWRA up 10. SPOW up 8. FSLR, UBRG up 6. Watching these guys: ACPW up 5, ENOC up 4, ELON up 3.
MDTL down 46, giving some back. HEV down 41. WNDEF, GNPG down 20. LEXG down 15. VNDB down 14.
And it goes on and on.
STUFF
NG production in Neast US has tripled from 1.5BCF/d in July '08 to > 4.5BCF/d this July. Almost all the increase from PA. US now largest NG producer in world.
US streams/rivers release almost 100M metric tons of CO2/yr. Some from decomposition of trees/plants. Some presumably from ag runoff. More research needed. Waterway CO2 has previously been uncounted.
Melting permafrost emitting Mercury into Yukon River: USGS. Let alone methane into atmos.
Ah, a bit of good news. Mustard gas stockpiles have been destroyed in OR depot. Was it the grey poupon? And we're still dismantling the big 9 megaton bombs. Thank God for something.
China pledges not to pollute at US levels. Unfortunately, at the pace they're going ...
Weak demand keeps polysilicon production flat (up 3% in Q2 in US). 3 main US plants. Solar-grade Q2 production 10,785 metric tons.
Brazil's sugarcane ethanol production forecast drops again. And a Brazilian comp exited biodiesel biz as the country pushes for B20 standard.
BP, Unilever among investors that put $49M - O so much money - into comps developing sorghum, castor and cellulosic biofuels.
And that's the come and go I had the wahoo to notate. Meanwhile, NPWZ hit 1.2 cents but now back to 1 cent. The market really is kind of nuts. But when hasn't it been, huh, pards?
And I must give a testament to Ollie. She was 85. Played classical and popular piano at our semi-monthly musical gatherings. I had the honor of playing along with her. She was one of the nicest persons I had ever met. We had good talks. Gone in a motoring accident a few days ago. God has one more excellent piano player and beautiful lady in his band today. We'll miss you Ollie.
Happy trails, pards.
US streams/rivers release almost 100M metric tons of CO2/yr. Some from decomposition of trees/plants. Some presumably from ag runoff. More research needed. Waterway CO2 has previously been uncounted.
Melting permafrost emitting Mercury into Yukon River: USGS. Let alone methane into atmos.
Ah, a bit of good news. Mustard gas stockpiles have been destroyed in OR depot. Was it the grey poupon? And we're still dismantling the big 9 megaton bombs. Thank God for something.
China pledges not to pollute at US levels. Unfortunately, at the pace they're going ...
Weak demand keeps polysilicon production flat (up 3% in Q2 in US). 3 main US plants. Solar-grade Q2 production 10,785 metric tons.
Brazil's sugarcane ethanol production forecast drops again. And a Brazilian comp exited biodiesel biz as the country pushes for B20 standard.
BP, Unilever among investors that put $49M - O so much money - into comps developing sorghum, castor and cellulosic biofuels.
And that's the come and go I had the wahoo to notate. Meanwhile, NPWZ hit 1.2 cents but now back to 1 cent. The market really is kind of nuts. But when hasn't it been, huh, pards?
And I must give a testament to Ollie. She was 85. Played classical and popular piano at our semi-monthly musical gatherings. I had the honor of playing along with her. She was one of the nicest persons I had ever met. We had good talks. Gone in a motoring accident a few days ago. God has one more excellent piano player and beautiful lady in his band today. We'll miss you Ollie.
Happy trails, pards.
WEDNESDAY OPEN
(stock #'s in %)
Dow up 87, Naz down 3, S&P up 3. Volume very light. Oil down near $92. Still Europe wait. Durable goods orders up 1.7% in Sept. But trans sector down 7.5%.
CPWY up 37. BHWX up 31. LTBR up 27. DSTI up 17. FSLR up 13. Bounce off yesterday. Q3 came in with slightly higher numbers. They expect $6.50-$7.50/sh profit for year, down from Aug guidance of $9.50. Sales to be $3-3.3B v. earlier $3.6-3.7B. ITRI up 10. Posted Q3 loss, but beat on revs, guided down, announced $100M buyback and laying off 750 worldwide. NPWZ up 10.
HEV down 23. GNPG down 20. AFPW down 19. VNDB down 14.
And now Dow up 35, Naz down 20. Dow hit top 200-day line Monday and fell back, now back around bottom 200-day. Ditto Naz. S&P a little lower.
Dow up 87, Naz down 3, S&P up 3. Volume very light. Oil down near $92. Still Europe wait. Durable goods orders up 1.7% in Sept. But trans sector down 7.5%.
CPWY up 37. BHWX up 31. LTBR up 27. DSTI up 17. FSLR up 13. Bounce off yesterday. Q3 came in with slightly higher numbers. They expect $6.50-$7.50/sh profit for year, down from Aug guidance of $9.50. Sales to be $3-3.3B v. earlier $3.6-3.7B. ITRI up 10. Posted Q3 loss, but beat on revs, guided down, announced $100M buyback and laying off 750 worldwide. NPWZ up 10.
HEV down 23. GNPG down 20. AFPW down 19. VNDB down 14.
And now Dow up 35, Naz down 20. Dow hit top 200-day line Monday and fell back, now back around bottom 200-day. Ditto Naz. S&P a little lower.
Tuesday, October 25, 2011
TUESDAY CLOSE
Market down 207/61/25. Volume a little heavy. Oil up over $92.
MDTL up 160. Not kidding. CRGE up 60. VVIT up 50. CPWY up 37. GNPG up 25. NPWZ up 23. VNDB up 16.
CBWP down 49. FSLR down 25. Never thought I would see that number with that symbol. BHWX down 23. SPOW down 18. BCON down 17. PSPW down 15. PSUD down 14. COMV down 12. EMKR, OPTT, SPIR, UBRG down 10. ENOC, ACPW down 9. CSIQ, AFPW down 6. ELON down 4.
MDTL up 160. Not kidding. CRGE up 60. VVIT up 50. CPWY up 37. GNPG up 25. NPWZ up 23. VNDB up 16.
CBWP down 49. FSLR down 25. Never thought I would see that number with that symbol. BHWX down 23. SPOW down 18. BCON down 17. PSPW down 15. PSUD down 14. COMV down 12. EMKR, OPTT, SPIR, UBRG down 10. ENOC, ACPW down 9. CSIQ, AFPW down 6. ELON down 4.
STUFF
FL regulators approved a $196M rate increase for FPL to pay for POSSIBLE nuke plants and upgrades. Cost to customers >$2/MW, up from 33 cents/month.
Yingli seeing surge in sales in Germany and acceleration in Italy. Panel prices have dropped 40% lately.
Bridgelux got $15M more from VC's to accelerate R&D on their gallium nitride-on-silicon LED chip tech. Lighting a $100B industry. $200M invested to date in Bridgelux. $32M in revs last year expected to hit $80M this yr. Switch to solid state lighting, sapphire to silicon.
And there really wasn't much more news today. That happens.
O yea. FSLR's CEO suddenly resigned and FSLR is down 22%. I'd say buy it.
Yingli seeing surge in sales in Germany and acceleration in Italy. Panel prices have dropped 40% lately.
Bridgelux got $15M more from VC's to accelerate R&D on their gallium nitride-on-silicon LED chip tech. Lighting a $100B industry. $200M invested to date in Bridgelux. $32M in revs last year expected to hit $80M this yr. Switch to solid state lighting, sapphire to silicon.
And there really wasn't much more news today. That happens.
O yea. FSLR's CEO suddenly resigned and FSLR is down 22%. I'd say buy it.
TUESDAY OPEN
(stock #'s in %)
Market down 55/19/8. Was down over 100 Dow. Volume a little light after starting out heavy. Oil up over $93. Market down supposedly on Merkel's opposition to a clause of new agreement being hammered out.
VVIT up another 50. NPWZ up 26. PTOS up 14. AFPW up 9.
SPOW down 27 more. BCON, PSPW down 15. EMKR down 13. ADES down 10 on price of new issue. JASO, HSOL down 5. ASYS, CSIQ, ACPW (new low), UBRG down 4.
Market down 55/19/8. Was down over 100 Dow. Volume a little light after starting out heavy. Oil up over $93. Market down supposedly on Merkel's opposition to a clause of new agreement being hammered out.
VVIT up another 50. NPWZ up 26. PTOS up 14. AFPW up 9.
SPOW down 27 more. BCON, PSPW down 15. EMKR down 13. ADES down 10 on price of new issue. JASO, HSOL down 5. ASYS, CSIQ, ACPW (new low), UBRG down 4.
Monday, October 24, 2011
MONDAY CLOSE
(stock #'s in percent)
Market up 104/61/15. Volume normal. Oil up over $90.
VVIT still up 66. CPWY up 45. BCON up 36. BCON. Sorry I couldn't give any heads up. What the hell. ASYS up 23. Ditto. Never know when it's going to happen. ASYS, though, has good fundamentals. ECOS up 15. SPWRA, DSTI up 13. JASO up 12. APWR up 11. AMSC up 9. CSIQ up 8. FSLR up 7. GTAT, HSOL, ENOC up 5.
SPOW down 65. PPRW down 40. GRHU down 16. IFXY down 15. CCTC down 13. BWEN, NPWZ down 5.
Whaddado.
Market up 104/61/15. Volume normal. Oil up over $90.
VVIT still up 66. CPWY up 45. BCON up 36. BCON. Sorry I couldn't give any heads up. What the hell. ASYS up 23. Ditto. Never know when it's going to happen. ASYS, though, has good fundamentals. ECOS up 15. SPWRA, DSTI up 13. JASO up 12. APWR up 11. AMSC up 9. CSIQ up 8. FSLR up 7. GTAT, HSOL, ENOC up 5.
SPOW down 65. PPRW down 40. GRHU down 16. IFXY down 15. CCTC down 13. BWEN, NPWZ down 5.
Whaddado.
STUFF
In the past 9 months China imported >22B cubic meters of NG. Up 89% y on y. July to Sept NG demand up 21% to 30B m3.
Costs of keeping offshore wind turbines online range from E100k-E300k/turbine v. E45k for onshore.
New seaport terminal in Bellingham, WA may soon be destiny for coal trains from WY and MT. Demand from China, Korea, Taiwan and Japan rising. Peabody estimating demand to be up maybe 80% next 4 yrs. Current deal to ship 24M metric tons/yr from Bellingham, alone a 400% increase in US sub-bituminous coal exports.
Steap decline in sea bass in S. Cal and shrimp in GOM. And salmon virus in BC Canada.
China charged US protectionism over solar panel fight. Global economy may be hurt.
Calif farmers being paid to fallow land for parched cities ... Sediment filling Kansas lakes, threatening water supplies to towns ... US ban on horse meat processing pushing market to Mexico, Canada. We are what we eat. I'd rather be a horse than a cow ...
Growing number of studies finding far less surface water coming from glacier melt than previously assumed. Well, so then it's going more into aquifers than we assumed?
Fungus threatening Iowa's old oak savannas ... Calif carb tax violates NAFTA: Canadian power comp ... Russia unprepared to lead in rare earth exports ... bike sharing has come to India ... Google now an EPA Green Power Partner ... IEA: bad economy good for climate.
Israel starting to get NG from Eqypt again.
Statoil announced doubling of oil reserves in new N. Sea field. Made it a "giant". ~1B bls recoverable equivalents.
OPEC averaging $108/bl ... Engineers assessing possible damage to Libyan oil fields (pressure) from emergency shutdowns.
Iraq has the world's last major deposit of easy-to-extract oil in the world.
A new study says US drivers to spend ~$490B filling gas tanks this year, up >$100B from '10. But consumption down ~1.3% last month v. '10.
US oil product exports up 24% v. '10. We will probably see increasingly higher prices for distillates - diesel, fuel oil, jet fuel.
EPA will issue shale wastewater rules to come into force in '14 ... Calif's cap&trade program the world's 2nd largest after EU's ... India and Russia signed deals to work closer with IEA on E matters ... ENI made a very large NG discovery off Mozambique ... China's largest rare earths producer is suspending production for a month to boost prices ... EU thinking "if not you all, why just us?" on clean E ... China's hydro power output fell 24.5% y over y to 57GW in Sept.
Air France ran 1st biofuel passenger flight. 50/50 jet fuel and biofuel from used cooking oil.
Onward and upward, pards.
Costs of keeping offshore wind turbines online range from E100k-E300k/turbine v. E45k for onshore.
New seaport terminal in Bellingham, WA may soon be destiny for coal trains from WY and MT. Demand from China, Korea, Taiwan and Japan rising. Peabody estimating demand to be up maybe 80% next 4 yrs. Current deal to ship 24M metric tons/yr from Bellingham, alone a 400% increase in US sub-bituminous coal exports.
Steap decline in sea bass in S. Cal and shrimp in GOM. And salmon virus in BC Canada.
China charged US protectionism over solar panel fight. Global economy may be hurt.
Calif farmers being paid to fallow land for parched cities ... Sediment filling Kansas lakes, threatening water supplies to towns ... US ban on horse meat processing pushing market to Mexico, Canada. We are what we eat. I'd rather be a horse than a cow ...
Growing number of studies finding far less surface water coming from glacier melt than previously assumed. Well, so then it's going more into aquifers than we assumed?
Fungus threatening Iowa's old oak savannas ... Calif carb tax violates NAFTA: Canadian power comp ... Russia unprepared to lead in rare earth exports ... bike sharing has come to India ... Google now an EPA Green Power Partner ... IEA: bad economy good for climate.
Israel starting to get NG from Eqypt again.
Statoil announced doubling of oil reserves in new N. Sea field. Made it a "giant". ~1B bls recoverable equivalents.
OPEC averaging $108/bl ... Engineers assessing possible damage to Libyan oil fields (pressure) from emergency shutdowns.
Iraq has the world's last major deposit of easy-to-extract oil in the world.
A new study says US drivers to spend ~$490B filling gas tanks this year, up >$100B from '10. But consumption down ~1.3% last month v. '10.
US oil product exports up 24% v. '10. We will probably see increasingly higher prices for distillates - diesel, fuel oil, jet fuel.
EPA will issue shale wastewater rules to come into force in '14 ... Calif's cap&trade program the world's 2nd largest after EU's ... India and Russia signed deals to work closer with IEA on E matters ... ENI made a very large NG discovery off Mozambique ... China's largest rare earths producer is suspending production for a month to boost prices ... EU thinking "if not you all, why just us?" on clean E ... China's hydro power output fell 24.5% y over y to 57GW in Sept.
Air France ran 1st biofuel passenger flight. 50/50 jet fuel and biofuel from used cooking oil.
Onward and upward, pards.
MONDAY OPEN
(stock #'s in %)
Market up 70/40/10. Volume very light. Oil up over $89. Market up on earnings, deals. They say.
Some crazy clean E moves.
VVIT up 66. AFPW bounce back, up 27. QTMM up 25. CRGE up 21. FSLR, CSIQ up 8. FSLR to report this week. SPWRA up 7. HSOL up 6.
SPOW down 68 with news item. PPRW down 40. PSPW down 32. BHWX down 23. NGLPF down 14. BWEN down 3.
Market up 70/40/10. Volume very light. Oil up over $89. Market up on earnings, deals. They say.
Some crazy clean E moves.
VVIT up 66. AFPW bounce back, up 27. QTMM up 25. CRGE up 21. FSLR, CSIQ up 8. FSLR to report this week. SPWRA up 7. HSOL up 6.
SPOW down 68 with news item. PPRW down 40. PSPW down 32. BHWX down 23. NGLPF down 14. BWEN down 3.
Sunday, October 23, 2011
GUESS WHAT
Chicken butt.
Taking this mattress back today. The ole back hurts. Up every hour to refill the matt. Unbelievable.
I know. Get a Serta. The cheap way never works. But I'm going even cheaper. Going with plan B. Another $11 mattress to pile onto the one I already have. Wish me ruck.
Taking this mattress back today. The ole back hurts. Up every hour to refill the matt. Unbelievable.
I know. Get a Serta. The cheap way never works. But I'm going even cheaper. Going with plan B. Another $11 mattress to pile onto the one I already have. Wish me ruck.
Saturday, October 22, 2011
GOTTA LOVE IT
Just a little anecdote.
Went to Target for an air mattress a couple months ago. Within 6 weeks it leaked so much I had to take it back as defective. They returned the money. I got another one. And before a month was out (today) I had to return that one for the same reason. I noticed the box was slightly bulging, which didn't seem right, but it was the only one of its kind on the shelf. Right price for the need. So I bought it and got home.
Well, first I noticed that the box wasn't taped like a new product then, as I unfolded the mattress to blow it up I noticed the BAND-AID on it. Presumably the fix of the leak. Probably the mattress I had returned before. I'll let you know how long this retread lasts. But, I mean, what do you say to Target? Oy.
Went to Target for an air mattress a couple months ago. Within 6 weeks it leaked so much I had to take it back as defective. They returned the money. I got another one. And before a month was out (today) I had to return that one for the same reason. I noticed the box was slightly bulging, which didn't seem right, but it was the only one of its kind on the shelf. Right price for the need. So I bought it and got home.
Well, first I noticed that the box wasn't taped like a new product then, as I unfolded the mattress to blow it up I noticed the BAND-AID on it. Presumably the fix of the leak. Probably the mattress I had returned before. I'll let you know how long this retread lasts. But, I mean, what do you say to Target? Oy.
Friday, October 21, 2011
STUFF
Admin approved BP's plan for GOM drilling. They can pursue permits for 4 wells about 200 miles off LA in >6K feet of water.
Fisker (EV maker) got $529M DOE loan guarantee but assembling first line of cars in Finland, saying no US manufacturer was suitable. But plant being built in Delaware.
Denver fed appeals court upheld Clinton-era rule protecting nearly 50M acres of national forests from most logging and roadbuilding.
VA utility ready to restart quake-rattled nuke plant.
Duke E raised price tag by $200M for new Indiana coal plant.
Lake Mead levels spiking after decades of decline.
Kalamazoo River oil spill cleanup to spill over into '12.
China govt warning of winter power cuts.
Koch-backed research effort looking to defute global warming science found the same warming trend as NOAA, NASA and UK Meteorological Office.
UK cut wind subsidies and boosted wave and tidal. $2B in savings.
Shale gas test drilling in Wales blocked over groundwater pollution concerns.
Next EU president - Denmark next year - will push for more clean/renewable energy R&D funds. Current budget E2.2B for non-nuke, E287M for fission. EU recovery plan also provides E1B for carbon capture/storage and E570M for offshore wind.
World's largest investor groups called for end to fossil fuel subsidies. Global CO2 emissions from energy production reached highest ever recorded in '10: EIA. Yet investment/spending in clean and low-carb energy falling far short of need. That's from 3 orgs representing 285 of the world's largest global investment comps. $500B/y needed from '10 to '35. That's in addition to govt commitments to date.
Calif's cap and trade program got the green light. Begins mid-'12. Aiming for '90 levels of emissions by '20. Follows in footsteps of Regional Greenhouse Gas Initiative that covers utilities in NE and mid-Atlantic states. Forecasts are for a ton of CO2 to go for $30-36.
For almost an hour last Thursday night wholesale electricity in TX cost nothing because of strong wind at windfarms and low demand. Also in part because nuke plants - hard to shut down and restart - bid their power down as low as they have to rather than shut down.
Trade pacts signed into law. S. Korea, Panama (when will the canal expansion be done?) and Columbia (cheaper coke?). Predicted $13B more/y in US exports, 70k jobs created or held (AFL-CIO disputes). Some say Korean pact will cost us 160K jobs. Repubs say we will gain 250K jobs. We shall see the truth.
Another Chinese wind comp - Guangdong Ming Yang (sub of MY) - getting up to $5B in financing from China Dev Bank.
Onward and upward, my pards.
Fisker (EV maker) got $529M DOE loan guarantee but assembling first line of cars in Finland, saying no US manufacturer was suitable. But plant being built in Delaware.
Denver fed appeals court upheld Clinton-era rule protecting nearly 50M acres of national forests from most logging and roadbuilding.
VA utility ready to restart quake-rattled nuke plant.
Duke E raised price tag by $200M for new Indiana coal plant.
Lake Mead levels spiking after decades of decline.
Kalamazoo River oil spill cleanup to spill over into '12.
China govt warning of winter power cuts.
Koch-backed research effort looking to defute global warming science found the same warming trend as NOAA, NASA and UK Meteorological Office.
UK cut wind subsidies and boosted wave and tidal. $2B in savings.
Shale gas test drilling in Wales blocked over groundwater pollution concerns.
Next EU president - Denmark next year - will push for more clean/renewable energy R&D funds. Current budget E2.2B for non-nuke, E287M for fission. EU recovery plan also provides E1B for carbon capture/storage and E570M for offshore wind.
World's largest investor groups called for end to fossil fuel subsidies. Global CO2 emissions from energy production reached highest ever recorded in '10: EIA. Yet investment/spending in clean and low-carb energy falling far short of need. That's from 3 orgs representing 285 of the world's largest global investment comps. $500B/y needed from '10 to '35. That's in addition to govt commitments to date.
Calif's cap and trade program got the green light. Begins mid-'12. Aiming for '90 levels of emissions by '20. Follows in footsteps of Regional Greenhouse Gas Initiative that covers utilities in NE and mid-Atlantic states. Forecasts are for a ton of CO2 to go for $30-36.
For almost an hour last Thursday night wholesale electricity in TX cost nothing because of strong wind at windfarms and low demand. Also in part because nuke plants - hard to shut down and restart - bid their power down as low as they have to rather than shut down.
Trade pacts signed into law. S. Korea, Panama (when will the canal expansion be done?) and Columbia (cheaper coke?). Predicted $13B more/y in US exports, 70k jobs created or held (AFL-CIO disputes). Some say Korean pact will cost us 160K jobs. Repubs say we will gain 250K jobs. We shall see the truth.
Another Chinese wind comp - Guangdong Ming Yang (sub of MY) - getting up to $5B in financing from China Dev Bank.
Onward and upward, my pards.
FRIDAY CLOSE
(stock #'s in %)
Market up 267/38/22. Volume a little heavy. Oil came back under $88. Euro finance ministers agreed to pay Greece the next batch of bailout loans. Hoo we. Maybe the riots will calm.
Some crazy numbers and still the hatin' on clean E. MDTL up 93. GRHU up 27. BHWX up 26. EVSI up 21. PSPW up 13. BWEN up 11. Might be time to get on board there. CSUN up 10. COMV up 8. PLUG up 5 more. FSLR up 2.
VVIT down 60. CRGE down 45. LEOM down 26. CPWY down 23. ECOS down 21. GNPG down 15. AFPW down 14, hit a lot lower. RNNM down 12. AMLM down 11. ACPW, AMSC, RSOL down 6. ACPW new low. HSOL, NPWZ down 4. JASO down 3. CSIQ down 2.
Happy trails, pards.
Market up 267/38/22. Volume a little heavy. Oil came back under $88. Euro finance ministers agreed to pay Greece the next batch of bailout loans. Hoo we. Maybe the riots will calm.
Some crazy numbers and still the hatin' on clean E. MDTL up 93. GRHU up 27. BHWX up 26. EVSI up 21. PSPW up 13. BWEN up 11. Might be time to get on board there. CSUN up 10. COMV up 8. PLUG up 5 more. FSLR up 2.
VVIT down 60. CRGE down 45. LEOM down 26. CPWY down 23. ECOS down 21. GNPG down 15. AFPW down 14, hit a lot lower. RNNM down 12. AMLM down 11. ACPW, AMSC, RSOL down 6. ACPW new low. HSOL, NPWZ down 4. JASO down 3. CSIQ down 2.
Happy trails, pards.
FRIDAY OPEN
(stock #'s in %)
Market up 210/45/22. Normal volume even with options expirations. Oil up over $88. Market up on Euro hopes. Germany, France broad agreement. To consider $1.3T to break impasse. Began 6-day marathon on Greece, banks. Also good quarterly earnings reports. Dow poking through the lower 200-day line, Naz back over its and S&P at the lower 200-day.
NPWZ up 14. ASPW up 11. BWEN up 6. FSLR, PLUG, XDSL, UBRG up 4.
VVIT down 60. ECOS down 21. DYMTF down 12. RSOL down 9. XSNX down 8. NENE, WEST down 2. CSIQ down 1.
Market up 210/45/22. Normal volume even with options expirations. Oil up over $88. Market up on Euro hopes. Germany, France broad agreement. To consider $1.3T to break impasse. Began 6-day marathon on Greece, banks. Also good quarterly earnings reports. Dow poking through the lower 200-day line, Naz back over its and S&P at the lower 200-day.
NPWZ up 14. ASPW up 11. BWEN up 6. FSLR, PLUG, XDSL, UBRG up 4.
VVIT down 60. ECOS down 21. DYMTF down 12. RSOL down 9. XSNX down 8. NENE, WEST down 2. CSIQ down 1.
STUFF
Solar milestone - 100K jobs now in US.
Tucson El Power cut their rooftop solar incentives.
SPWRA got contract to build 5MW solar farm on Oahu.
Sun Edison (sub of WFR) secured $300M 3-yr credit line from Deutsche, other foreign bank for projects.
enXco (EDF comp) turned on 205MW wind farm in MN under Indy Power & Light portfolio. GE turbines.
Enel Green Power, Trade Wind Energy began construction of 150MW wind farm in OK. PPA with Western Farmers El Coop. $250M. Online next summer. 10 permanent jobs, 150 construction jobs.
7 comps beside Deepwater Wind have registered interest in developing offshore wind between RI, Mass.
Financing approved from Siemens Financial Services for 1st commercial wind power project in Puerto Rico. 75MW. Online Sept '12. Yep, Siemens turbines. 150 construction jobs, 8-10 permanent. Same job count even though half the size of the OK project.
DOD spent >$117M of stimulus funds on hastily planned renewable E projects that now may not be built at all. That's on DOD, not clean E.
Monsanto has moved into vegetable seed production. Not sure if that's scary or not.
Lenders growing wary of China hi-speed rail. And UK scrapped its 1st carbon capture project.
Onward and upward, pards.
Tucson El Power cut their rooftop solar incentives.
SPWRA got contract to build 5MW solar farm on Oahu.
Sun Edison (sub of WFR) secured $300M 3-yr credit line from Deutsche, other foreign bank for projects.
enXco (EDF comp) turned on 205MW wind farm in MN under Indy Power & Light portfolio. GE turbines.
Enel Green Power, Trade Wind Energy began construction of 150MW wind farm in OK. PPA with Western Farmers El Coop. $250M. Online next summer. 10 permanent jobs, 150 construction jobs.
7 comps beside Deepwater Wind have registered interest in developing offshore wind between RI, Mass.
Financing approved from Siemens Financial Services for 1st commercial wind power project in Puerto Rico. 75MW. Online Sept '12. Yep, Siemens turbines. 150 construction jobs, 8-10 permanent. Same job count even though half the size of the OK project.
DOD spent >$117M of stimulus funds on hastily planned renewable E projects that now may not be built at all. That's on DOD, not clean E.
Monsanto has moved into vegetable seed production. Not sure if that's scary or not.
Lenders growing wary of China hi-speed rail. And UK scrapped its 1st carbon capture project.
Onward and upward, pards.
Thursday, October 20, 2011
1:32P
And then the market went south, but still under 100 point Dow loss. And now back to mixed and flat. Still with low volume. Who knows anything anymore. But we know of a report that Kadaffy was hiding in a hole with a gold pistol and that his "billions may be unaccounted for." Then we have NATO troops moving against Serb roadblocks in Kosovo. Right back to '95. And, finally, Trump: "occupy wall street indicates something's wrong with America." Wow. What insight.
Leading indicators up in Sept.
Historical day. The daffy gone. Who's next? Assad? The midget in N. Korea?
Leading indicators up in Sept.
Historical day. The daffy gone. Who's next? Assad? The midget in N. Korea?
OPEN THURSDAY
(stock #'s in %)
Market mixed and flat. Volume very light. Oil under $86. Kadaffy dead. The world is better off. Philly economic index went up more than expected. France, Germany said to be split over debt problem. And tomorrow is options expiration Friday.
URRE up 28. Jump from 50-day lines to a 200-day. News a couple days ago of NRC OK for restoration of production. RNNM up 14. OPTT, PEIX up 11. PEIX had financial news today. OPTT has more than doubled this month. NGLPF up 10. NEXS up 7. JASO up 5. PLUG up 4. Breaking out from 50-day lines. XDSL up 4. BWEN up 3. FSLR up 2.
CRGE down 21. CSKH down 17. AFPW down 15. LEOM down 11. NPWZ down 7. CSUN down 4, new low.
Market mixed and flat. Volume very light. Oil under $86. Kadaffy dead. The world is better off. Philly economic index went up more than expected. France, Germany said to be split over debt problem. And tomorrow is options expiration Friday.
URRE up 28. Jump from 50-day lines to a 200-day. News a couple days ago of NRC OK for restoration of production. RNNM up 14. OPTT, PEIX up 11. PEIX had financial news today. OPTT has more than doubled this month. NGLPF up 10. NEXS up 7. JASO up 5. PLUG up 4. Breaking out from 50-day lines. XDSL up 4. BWEN up 3. FSLR up 2.
CRGE down 21. CSKH down 17. AFPW down 15. LEOM down 11. NPWZ down 7. CSUN down 4, new low.
Wednesday, October 19, 2011
CLOSE
(stock #'s in %)
Market down 72/53/15. Volume normal. Oil down to $86. The Dow fell off the bottom 200-day line again.
XDSL up 42. Did come down mid-day to around up 20. Glad there's a website that gives heads up at the open. BHWX up 26. PPRW up 21. URRE up 16. MKTY, ECOS up 14. OPTT up 11. CSKH up 7. Um, solar panel makers duking it out. Who profits? The installers. CSKH up 7. RSOL up 2. WEST flat. AFPW up 4. NENE up 1. The ace in the hole.
MGLT down 28. Another US ace in the solar tech hole. ENZR down 24. I'm still not up to scoop on them. PTOS down 20. One of the wild ones. NEXS, MDTL down 16. NEXS I would consider. MMMW down 15. ZNNMF down 14. APWR, CCGI, NTCXF down 12. CRGE, AMLM down 11. SPOW, RNNM, ASPW down 10. BWEN, EVCA down 9. I could buy BWEN of the 2. FSLR down 8, new low. FSLR. Down 8 more. New low. ASYS down 7. JASO, NPWZ down 6. NPWZ was up what at the open? GTAT down 5. SPWRA, CSUN down 3. CSIQ, HSOL down 2.
Happy trails.
Market down 72/53/15. Volume normal. Oil down to $86. The Dow fell off the bottom 200-day line again.
XDSL up 42. Did come down mid-day to around up 20. Glad there's a website that gives heads up at the open. BHWX up 26. PPRW up 21. URRE up 16. MKTY, ECOS up 14. OPTT up 11. CSKH up 7. Um, solar panel makers duking it out. Who profits? The installers. CSKH up 7. RSOL up 2. WEST flat. AFPW up 4. NENE up 1. The ace in the hole.
MGLT down 28. Another US ace in the solar tech hole. ENZR down 24. I'm still not up to scoop on them. PTOS down 20. One of the wild ones. NEXS, MDTL down 16. NEXS I would consider. MMMW down 15. ZNNMF down 14. APWR, CCGI, NTCXF down 12. CRGE, AMLM down 11. SPOW, RNNM, ASPW down 10. BWEN, EVCA down 9. I could buy BWEN of the 2. FSLR down 8, new low. FSLR. Down 8 more. New low. ASYS down 7. JASO, NPWZ down 6. NPWZ was up what at the open? GTAT down 5. SPWRA, CSUN down 3. CSIQ, HSOL down 2.
Happy trails.
STUFF
Duke Energy announced turbine suppliers for 402MW TX wind farm. Siemens, Mitsubishi will both provide about half. Online late '12. Siemens also got 69MW order for First Wind's Oahu farm. What's wrong with GE? No buy American, GI.
US solar majors to petition for duties on imports (Chinese).
Wind power now up to 15% of TX el supply. But now Perry would let production tax credit provision for wind power that he previously supported expire if he were president. Gotta love politicians, huh?
US, Brit, Italian comps to spend $100B on Iraq oil fields. How'd Italy get in there?
Red tide blooms off TX coast.
Powers Energy no longer plans to build $300M trash-to-energy plant in Schneider, Indiana.
POET, Abengoa, BP cellulosic ethanol plants all coming online in '13.
Belgian small fuel suppliers sue to end mandates for E4 ethanol and B4 biodiesel blends.
And the websites are clamping down on free information. As states are going for sales tax on internet sales. So it seems. Change always a constant. But the pace of it always variable.
Head 'm up, pards. Move 'm out. Yip, I've been catching the old Rawhide shows on Me TV. Insomnia. Or just waking up from passing out. Happy trails.
US solar majors to petition for duties on imports (Chinese).
Wind power now up to 15% of TX el supply. But now Perry would let production tax credit provision for wind power that he previously supported expire if he were president. Gotta love politicians, huh?
US, Brit, Italian comps to spend $100B on Iraq oil fields. How'd Italy get in there?
Red tide blooms off TX coast.
Powers Energy no longer plans to build $300M trash-to-energy plant in Schneider, Indiana.
POET, Abengoa, BP cellulosic ethanol plants all coming online in '13.
Belgian small fuel suppliers sue to end mandates for E4 ethanol and B4 biodiesel blends.
And the websites are clamping down on free information. As states are going for sales tax on internet sales. So it seems. Change always a constant. But the pace of it always variable.
Head 'm up, pards. Move 'm out. Yip, I've been catching the old Rawhide shows on Me TV. Insomnia. Or just waking up from passing out. Happy trails.
OPEN
(stock #'s in %)
Market mixed, Dow up 32, Naz down on Apple miss. Volume light. Oil over $88.
XDSL up 45 on news their patents are worth $40M, still way above present valuation. NPWZ up 26 on news they will license their fuel cell tech. CRGE up 20. CSKH up 7. ACPW up 6.
MMMW down 23. ZNNMF down 12. CREE down 7 after reporting.
Market mixed, Dow up 32, Naz down on Apple miss. Volume light. Oil over $88.
XDSL up 45 on news their patents are worth $40M, still way above present valuation. NPWZ up 26 on news they will license their fuel cell tech. CRGE up 20. CSKH up 7. ACPW up 6.
MMMW down 23. ZNNMF down 12. CREE down 7 after reporting.
Tuesday, October 18, 2011
CLOSE
(stock #'s in %)
Market up 180/42/24. Volume normal. Oil up over $88. More talk of Euro deal and B of A Q report. So they say. Back to working the Dow 200-day line.
ENZR up 20. One of the wild ones. URRE up 19. Uranium. Volume. EFOI up 15. Yesterday's close obviously crazy. BWEN up 14. Gaining momentum. LEOM up 13. JASO up 12. Big for them. PTOS, ZNNMF up 11. Kind of crazy. AFPW up 10. Volume. Reason.
ACPW, CRGE, RNNM down 16. XDSL down 15. MDTL down 14. AEBF down 13. GSPI down 12. ECOS, PSPW, VNDB down 10. NPWZ down 9. UBRG down 7. CSKH down 6.
Market up 180/42/24. Volume normal. Oil up over $88. More talk of Euro deal and B of A Q report. So they say. Back to working the Dow 200-day line.
ENZR up 20. One of the wild ones. URRE up 19. Uranium. Volume. EFOI up 15. Yesterday's close obviously crazy. BWEN up 14. Gaining momentum. LEOM up 13. JASO up 12. Big for them. PTOS, ZNNMF up 11. Kind of crazy. AFPW up 10. Volume. Reason.
ACPW, CRGE, RNNM down 16. XDSL down 15. MDTL down 14. AEBF down 13. GSPI down 12. ECOS, PSPW, VNDB down 10. NPWZ down 9. UBRG down 7. CSKH down 6.
STUFF
Kinder/El Paso deal was actually $38B with $17B debt included. The merged comp valuation may be $94B with 67K miiles of oil/NG pipeline.
STRI hit another all-time low on "solar demand hasn't recovered" though they still expect revs in line with previous forecasts. But withdrawing previous guidance. Whatever all that means. You figure it out.
USAF to certify waste oil and plant fuel (hopefully not food) 3 years ahead of schedule. 40 aircraft types to be certified by '13. But still test phase until biofuels competitive with oil (need a 50% drop).
Deadly virus detected in west coast wild Salmon population. Just reporting what I find. What would that be from, thinking logically? The whirlpools of plastic? The sewage? The flow from Japan's tsunami? The demand for wild Salmon? Time to switch fish. I've been eating shrimp.
Khosla Ventures raised >$1B for new investment fund, half dedicated to clean tech. I wonder what the other half is dedicated to.
A Rhode Island 13-year old girl was recognized by the UN for her biodiesel project founded 2 years ago. WHEN SHE WAS 11. Heating from waste cooking oil, in part donated to needy folks.
Abengoa to invest $120M in 70M liter/yr ethanol plant in Uruguay that will use sorghum, corn, barley and wheat feedstock. Talk about food for fuel. Online by end of '13 unless the people burn the place down.
EU raised tariffs to block low-cost US ethanol.
Are we getting the picture?
Let's cowboy and cowgirl up, hay?
STRI hit another all-time low on "solar demand hasn't recovered" though they still expect revs in line with previous forecasts. But withdrawing previous guidance. Whatever all that means. You figure it out.
USAF to certify waste oil and plant fuel (hopefully not food) 3 years ahead of schedule. 40 aircraft types to be certified by '13. But still test phase until biofuels competitive with oil (need a 50% drop).
Deadly virus detected in west coast wild Salmon population. Just reporting what I find. What would that be from, thinking logically? The whirlpools of plastic? The sewage? The flow from Japan's tsunami? The demand for wild Salmon? Time to switch fish. I've been eating shrimp.
Khosla Ventures raised >$1B for new investment fund, half dedicated to clean tech. I wonder what the other half is dedicated to.
A Rhode Island 13-year old girl was recognized by the UN for her biodiesel project founded 2 years ago. WHEN SHE WAS 11. Heating from waste cooking oil, in part donated to needy folks.
Abengoa to invest $120M in 70M liter/yr ethanol plant in Uruguay that will use sorghum, corn, barley and wheat feedstock. Talk about food for fuel. Online by end of '13 unless the people burn the place down.
EU raised tariffs to block low-cost US ethanol.
Are we getting the picture?
Let's cowboy and cowgirl up, hay?
OPEN
(stock #'s in %)
Market mixed and flat. Light volume. Oil still over $86. China growth slowing from inflation fight. US wholesale prices up more than expected. And - gasp - Goldman had a quarterly loss.
URRE up 26 on news. NPWZ up 13. EFOI bounced back up 11. AFPW, DSTI up 10. FSLR up 4 after Goldman gave 6-month target of $90.
VNDB down 25. ACPW down 16 after preliminary quarter results. Hit new low. GSPI down 14. QTMM down 13. AONE down another 5. CSIQ down 4, hit new low. CSUN down 2 more, another new low.
Market mixed and flat. Light volume. Oil still over $86. China growth slowing from inflation fight. US wholesale prices up more than expected. And - gasp - Goldman had a quarterly loss.
URRE up 26 on news. NPWZ up 13. EFOI bounced back up 11. AFPW, DSTI up 10. FSLR up 4 after Goldman gave 6-month target of $90.
VNDB down 25. ACPW down 16 after preliminary quarter results. Hit new low. GSPI down 14. QTMM down 13. AONE down another 5. CSIQ down 4, hit new low. CSUN down 2 more, another new low.
Monday, October 17, 2011
STUFF
BP given go-ahead on 4.5B Pound oil project west of Shetland Islands. Will include investment from Shell, Conoco, Chevron. Investment will be almost 10B Pounds in N. Sea over next 5 yrs. Dudley: we now see potential to maintain our N. Sea production at ~200-250kb/d until '30.
Supreme Court agreed to decide on whether oil comps and multinationals can be sued in US courts for human rights abuses. Royal Dutch Petrol case will test statute enacted in 1789.
Kinder Morgan buying El Paso for $21B, creating NG pipeline giant. Kinder will sell off the wells. El Paso carries ~1/4 of US NG.
Flow of NG from Libya to Sicily resumed last week . . . Turkmenistan NG field world's 2nd largest. Est. 21TCF . . . Iraq has est. 112TCF reserves.
China bought 900K metric tons of corn last week. They need to import 7-10M tons this year to refill stockpiles depleted by bad weather. Think prices will be going up?
Venezuela oil comp expects to increase production at existing oil fields by 250kb/d by '15 with $13B investment.
Iran suspended Chinese gas contract, replaced Gazprom (Russian) with a domestic comp as their energy production slumps.
Supertanker owners will probably idle the most ships in over 2 decades. Charter rates lowest in at least 14 yrs.
Supreme Court agreed to decide on whether oil comps and multinationals can be sued in US courts for human rights abuses. Royal Dutch Petrol case will test statute enacted in 1789.
Kinder Morgan buying El Paso for $21B, creating NG pipeline giant. Kinder will sell off the wells. El Paso carries ~1/4 of US NG.
Flow of NG from Libya to Sicily resumed last week . . . Turkmenistan NG field world's 2nd largest. Est. 21TCF . . . Iraq has est. 112TCF reserves.
China bought 900K metric tons of corn last week. They need to import 7-10M tons this year to refill stockpiles depleted by bad weather. Think prices will be going up?
Venezuela oil comp expects to increase production at existing oil fields by 250kb/d by '15 with $13B investment.
Iran suspended Chinese gas contract, replaced Gazprom (Russian) with a domestic comp as their energy production slumps.
Supertanker owners will probably idle the most ships in over 2 decades. Charter rates lowest in at least 14 yrs.
CLOSE
(stock #'s in %)
Market down 247/52/23. Normal volume. Oil hardly budged.
VVIT up 50. BDCO up 32. No news, so maybe because of Kinder/El Paso deal. MMMW up 30. PTOS up 28. NTCXF up 21. NPWZ, CSOL, VNDB up 12. NGLPF, BLQN up 10.
MDTL down 41. EFOI down 21. URRE down 15. ENER, SPOW, CRGE, GRHU down 14. GSPI, ENZR down 13. CSIQ down 12. BWEN, RBCN, VECO down 11. CREE, QTWW down 10. DSTI down 9. CSUN down 8, new low.
Market down 247/52/23. Normal volume. Oil hardly budged.
VVIT up 50. BDCO up 32. No news, so maybe because of Kinder/El Paso deal. MMMW up 30. PTOS up 28. NTCXF up 21. NPWZ, CSOL, VNDB up 12. NGLPF, BLQN up 10.
MDTL down 41. EFOI down 21. URRE down 15. ENER, SPOW, CRGE, GRHU down 14. GSPI, ENZR down 13. CSIQ down 12. BWEN, RBCN, VECO down 11. CREE, QTWW down 10. DSTI down 9. CSUN down 8, new low.
OPEN
(stock #'s in %)
Market down 157/30/15. Volume very light. Oil over $86. Germany said there will be no quick solution to euro crisis and NYC area manufacturing fell more than forecast.
VVIT up 50. QTMM up 21. NTCXF up 17. VNDB up 16. NPWZ up 12. UBRG up 9. HYGS up 7.
GRHU down 20. AEBF down 17. CSOL down 15. ENER down 11. CSIQ down 10 on report their margins are shrinking. AFPW down 9. FSLR hit a new low, now down 3.
Market down 157/30/15. Volume very light. Oil over $86. Germany said there will be no quick solution to euro crisis and NYC area manufacturing fell more than forecast.
VVIT up 50. QTMM up 21. NTCXF up 17. VNDB up 16. NPWZ up 12. UBRG up 9. HYGS up 7.
GRHU down 20. AEBF down 17. CSOL down 15. ENER down 11. CSIQ down 10 on report their margins are shrinking. AFPW down 9. FSLR hit a new low, now down 3.
Sunday, October 16, 2011
WHO INVENTED
Who invented football? Baseball? Even basketball? The internet? Solar energy? Wind energy? It doesn't matter who, does it? Things get invented. And we thank Providence. The Lord. Genius. Things get invented. And we seem to need inventions now. We seem to be in a bad hole. Of course, that could be just our imagination. Maybe we are not in a bad hole. Maybe we are just one invention away from a new world. One more invention that can overcome the opposition. The Lord must have loved football. Or invented it. Got to love Sundays. We keep getting our energy from our power plants. We keep getting our TV from the air. We are in an amazing era of the fig. So. Invent. Think. Think and invent something. Anything. Invent anything. The better it is, the more the money you get. Invent and patent it, pards.
Saturday, October 15, 2011
SATURDAY
US deficit was $1.3T in '11. Remember when we were paying down $5T?
W. Buffett: if you took all the gold in the world it would make a 67-foot cube. It would be worth ~ $7T. And it would be worth ~1/3 the value of all US stocks.
World's largest chip contract manufacturer - Taiwan Semiconductor (TSMC) - has outfitted its first CIGS thin-film solar factory and plans to begin shipping in 1Q12. 100MW initially. Plans for 300MW with $258M investment. Longterm 1GW by '15. Stion (Silicon Valley) tech since $50M investment in '10. CIGS primer: copper, indium, gallium, selenium and a bit of sulfur. Solar Frontier in Japan already has 900MW CIGS factory that began running early this year. Hyundai announced plan last year for 400MW CIGS factory in Korea with French partner. Korea's SK Group recently pumped $50M into HelioVolt (CIGS tech) in TX.
EDP Renewables chose GE to service entire fleet of 402 1.5MW GE wind turbines.
Gamesa's offshore 5MW prototype set for US install off MD in 4Q12.
NH rebates up to $4,500 have returned for wind, solar home installs.
Maersk (Norfolk shipping line - unit of Denmark comp) teaming up with Apex Offshore Wind for utility-scale offshore wind.
Looks like offshore wind is coming to the US east coast.
W. Buffett: if you took all the gold in the world it would make a 67-foot cube. It would be worth ~ $7T. And it would be worth ~1/3 the value of all US stocks.
World's largest chip contract manufacturer - Taiwan Semiconductor (TSMC) - has outfitted its first CIGS thin-film solar factory and plans to begin shipping in 1Q12. 100MW initially. Plans for 300MW with $258M investment. Longterm 1GW by '15. Stion (Silicon Valley) tech since $50M investment in '10. CIGS primer: copper, indium, gallium, selenium and a bit of sulfur. Solar Frontier in Japan already has 900MW CIGS factory that began running early this year. Hyundai announced plan last year for 400MW CIGS factory in Korea with French partner. Korea's SK Group recently pumped $50M into HelioVolt (CIGS tech) in TX.
EDP Renewables chose GE to service entire fleet of 402 1.5MW GE wind turbines.
Gamesa's offshore 5MW prototype set for US install off MD in 4Q12.
NH rebates up to $4,500 have returned for wind, solar home installs.
Maersk (Norfolk shipping line - unit of Denmark comp) teaming up with Apex Offshore Wind for utility-scale offshore wind.
Looks like offshore wind is coming to the US east coast.
Friday, October 14, 2011
CLOSE
I think the Dow went over the first 200-day line. Don't know the volume. Last I saw it was very weak.
NEXS up 25, punched over 50-day lines. AFPW up 15. CLNO, SZYM up 12. OPTT up 11, now up to their top line in rally from start of Oct. SPWRA, ALTI, LSCG up 7. ACPW up 6. NENE, CSKH up 5. WEST, BWEN, HSOL up 4.
EVCA down 23. CPWY down 22. AMLM down 15. EVSI down 10. NPWZ down 9. AONE, GTAT down 3.
Happy trailers, pards.
NEXS up 25, punched over 50-day lines. AFPW up 15. CLNO, SZYM up 12. OPTT up 11, now up to their top line in rally from start of Oct. SPWRA, ALTI, LSCG up 7. ACPW up 6. NENE, CSKH up 5. WEST, BWEN, HSOL up 4.
EVCA down 23. CPWY down 22. AMLM down 15. EVSI down 10. NPWZ down 9. AONE, GTAT down 3.
Happy trailers, pards.
FRIDAY STUFF
GE picked Colorado east of Denver for $300M 400MW thin film CdTe solar panel plant. No fed subsidies. They don't need 'm. According to the stories, they don't pay any tax. Last year 878MW of solar was installed in the US. Plant to be operational in '12.
With $15.5B in state-backed credit, China's biggest wind turbine makers taking on $70B global market. Sinovel and Goldwind won their 1st major foreign orders in the past year and plan to set up plants abroad including in US. Turbine prices down 22% from '08 peak. Chinese turbines 10% cheaper than GE, Siemens.
US allowing BP to bid on GOM leases.
30-ft crack in containment bldg at Davis-Besse.
Gov. Perry, used-to-be outspoken critic of fed backing of corn ethanol, now dodging the issue in Iowa. Huh.
China beginning to tap its shale gas.
With $15.5B in state-backed credit, China's biggest wind turbine makers taking on $70B global market. Sinovel and Goldwind won their 1st major foreign orders in the past year and plan to set up plants abroad including in US. Turbine prices down 22% from '08 peak. Chinese turbines 10% cheaper than GE, Siemens.
US allowing BP to bid on GOM leases.
30-ft crack in containment bldg at Davis-Besse.
Gov. Perry, used-to-be outspoken critic of fed backing of corn ethanol, now dodging the issue in Iowa. Huh.
China beginning to tap its shale gas.
OPEN
(stock #'s in %)
Market up 94/27/12. Volume dead. Oil up over $86. Shell across the street went from $3.29 to $3.49 overnight. Market up on G-20 meeting, retail sales up 1.1% in Sept on car sales. Dow hit that bottom 200-day line again and pulled back. S&P downgraded Spain. And Harrisburg, PA filed bankruptcy.
BLQN up 31. TMEN up 18. AEBF up another 15. CLNO up 12. AFPW up 10. NENE up 8 on news they will be testing their kinetic energy tech. BWEN, LSCG, CSKH up 5. WEST up 4 more.
AMLM down 20. ECOS down 10. AONE down 2.
Market up 94/27/12. Volume dead. Oil up over $86. Shell across the street went from $3.29 to $3.49 overnight. Market up on G-20 meeting, retail sales up 1.1% in Sept on car sales. Dow hit that bottom 200-day line again and pulled back. S&P downgraded Spain. And Harrisburg, PA filed bankruptcy.
BLQN up 31. TMEN up 18. AEBF up another 15. CLNO up 12. AFPW up 10. NENE up 8 on news they will be testing their kinetic energy tech. BWEN, LSCG, CSKH up 5. WEST up 4 more.
AMLM down 20. ECOS down 10. AONE down 2.
Thursday, October 13, 2011
CLOSE
(stock #'s in %)
Market mixed. Dow down 40, Naz up 15. Volume very very light. Oil under $85.
LEOM up 42. Count the shares on one hand. CCTC up 25 on volume. TRKP, AEBF up 22. RNNM up 20. SPIR up 15. BYDDF, ENZR up 12. AMLM up 11. BWEN, UBRG up 10. WEST, NPWZ up 3.
AMPD down 50 on 350 shs. Why do they bother being on the stock exchange? CPWY down 33. CSKH down 14. Double bottom. CRGE down 13. AONE down 7.
Market mixed. Dow down 40, Naz up 15. Volume very very light. Oil under $85.
LEOM up 42. Count the shares on one hand. CCTC up 25 on volume. TRKP, AEBF up 22. RNNM up 20. SPIR up 15. BYDDF, ENZR up 12. AMLM up 11. BWEN, UBRG up 10. WEST, NPWZ up 3.
AMPD down 50 on 350 shs. Why do they bother being on the stock exchange? CPWY down 33. CSKH down 14. Double bottom. CRGE down 13. AONE down 7.
STUFF
Global NG demand projected to be 194TCF/Y within 2 decades. 60% higher than present. China will be using as much as the EU does now. India's demand will quadruple. Middle East's will double.
Latest estimate for Marcellus shale gas is 84TCF. ~14% of current US NG production is from shale gas deposits.
China, Russia sinking billions into joint investment fund united against US dollar.
AWS Truepower got $900K DOE grant to help establish offshore wind energy data network.
Deepwater Wind to buy 5 6MW Siemens turbines for a $200M+ wind farm off Block Island RI. Block Island burns diesel for el. Siemens said it would take pipeline of 1GW/y for 5-10 yrs to build a US plant. NJ's Offshore Wind Development Act called for a 25MW pilot project. Fisherman's Energy going for it by yearend. Total US wind installs >40GW. ~21% of global capacity. Zero offshore.
Senate Repubs - McCain and Paul - set to intro jobs plan with energy focus. And a surprise vote in Congress on plan to sell DOE HQ.
US approved French uranium enrichment facility in Idaho.
S. Korea's KOGAS signed deal with Iraq to develop oil field near Syria.
BP to develop N. Sea oil field.
US sueing Transocean for alleged failure to cooperate with investigators.
Solyndra CEO stepped down.
District court dismissed EPA case against PA coal plant pollution.
Crude, containers washing up onto NZ beaches.
Virgin plans to capture, chemically treat gas waste from steel production and convert it to avfuel.
Fluor bought majority stake in NuScale - small modular reactor developer. Gates'?
61% of Americans unaware of energy efficiency incentives. So there's only 39% truly Americans?
ELON partnered up with a Brazil comp to break into Brazil smart meter market.
IEA actually cut '12 oil demand estimate by 210kb/d. And then there was that Iranian plot to assassinate the Saud ambassador and subsequent US sanctions on Iran.
Pike Research: global biofuels market could reach $185B by '21. $80B now.
US ethanol production late Sept 863kb/d.
Latest estimate for Marcellus shale gas is 84TCF. ~14% of current US NG production is from shale gas deposits.
China, Russia sinking billions into joint investment fund united against US dollar.
AWS Truepower got $900K DOE grant to help establish offshore wind energy data network.
Deepwater Wind to buy 5 6MW Siemens turbines for a $200M+ wind farm off Block Island RI. Block Island burns diesel for el. Siemens said it would take pipeline of 1GW/y for 5-10 yrs to build a US plant. NJ's Offshore Wind Development Act called for a 25MW pilot project. Fisherman's Energy going for it by yearend. Total US wind installs >40GW. ~21% of global capacity. Zero offshore.
Senate Repubs - McCain and Paul - set to intro jobs plan with energy focus. And a surprise vote in Congress on plan to sell DOE HQ.
US approved French uranium enrichment facility in Idaho.
S. Korea's KOGAS signed deal with Iraq to develop oil field near Syria.
BP to develop N. Sea oil field.
US sueing Transocean for alleged failure to cooperate with investigators.
Solyndra CEO stepped down.
District court dismissed EPA case against PA coal plant pollution.
Crude, containers washing up onto NZ beaches.
Virgin plans to capture, chemically treat gas waste from steel production and convert it to avfuel.
Fluor bought majority stake in NuScale - small modular reactor developer. Gates'?
61% of Americans unaware of energy efficiency incentives. So there's only 39% truly Americans?
ELON partnered up with a Brazil comp to break into Brazil smart meter market.
IEA actually cut '12 oil demand estimate by 210kb/d. And then there was that Iranian plot to assassinate the Saud ambassador and subsequent US sanctions on Iran.
Pike Research: global biofuels market could reach $185B by '21. $80B now.
US ethanol production late Sept 863kb/d.
OPEN
(stock #'s in %)
Market down 94/5/11. Volume very light. Oil down under $84. Dow hit first 200-day line (EMA) yesterday then headed back down.
WTWO up 30. TRKP up 22. CPWY up 18. ENZR up 10. BWEN up 9. AFPW up 8. UBRG up 6. WEST, DSTI, NENE up 2.
GSPI down 27. GRHU down 13. IFXY down 11. AONE down 2.
Market down 94/5/11. Volume very light. Oil down under $84. Dow hit first 200-day line (EMA) yesterday then headed back down.
WTWO up 30. TRKP up 22. CPWY up 18. ENZR up 10. BWEN up 9. AFPW up 8. UBRG up 6. WEST, DSTI, NENE up 2.
GSPI down 27. GRHU down 13. IFXY down 11. AONE down 2.
Wednesday, October 12, 2011
CLOSE
(stock #'s in %)
Market up 102/21/11. Came back off the high.
PPRW up 104. CWET up 80. EVCA up 44. GNPG up 29. WWPW up 21. AONE up 18. CCTC up 12. AFPW up 11. And if you didn't buy them at the day bottom you are as slow as me. HSOL up 10. BIOF up 8. Immoral biofuel. ASYS up 7. ZOLT was up 5. WEST up 4. UBRG up 4. SPWRA, LSCG, EFOI up 3.FSLR up 2.
CSKH down 31. WTWO down 23. PTOS down 17. DSTI down 3. GTAT down 2.
Was that the end of the rally?
Market up 102/21/11. Came back off the high.
PPRW up 104. CWET up 80. EVCA up 44. GNPG up 29. WWPW up 21. AONE up 18. CCTC up 12. AFPW up 11. And if you didn't buy them at the day bottom you are as slow as me. HSOL up 10. BIOF up 8. Immoral biofuel. ASYS up 7. ZOLT was up 5. WEST up 4. UBRG up 4. SPWRA, LSCG, EFOI up 3.FSLR up 2.
CSKH down 31. WTWO down 23. PTOS down 17. DSTI down 3. GTAT down 2.
Was that the end of the rally?
OPEN
(stock #'s in %)
Market up 124/37/17. Volume light. Oil up over $86.
PPRW up 96 on 1k shs after announcing small contract. EVCA up 66. RNNM up 21. OOIL up 13. AONE up 13 on new GM contract. GSPI up 10. UBRG, EFOI up 6. WEST, HSOL up 5.
LEOM down 38. TRKP down 18. CSGH, BLQN down 14. AFPW down 13, back 20% from morning bottom. NPWZ down 11. VSPC down 10. GTAT down 6. FSLR down 1 on sell signal, new low hit.
Market up 124/37/17. Volume light. Oil up over $86.
PPRW up 96 on 1k shs after announcing small contract. EVCA up 66. RNNM up 21. OOIL up 13. AONE up 13 on new GM contract. GSPI up 10. UBRG, EFOI up 6. WEST, HSOL up 5.
LEOM down 38. TRKP down 18. CSGH, BLQN down 14. AFPW down 13, back 20% from morning bottom. NPWZ down 11. VSPC down 10. GTAT down 6. FSLR down 1 on sell signal, new low hit.
Tuesday, October 11, 2011
CLOSE
(stock #'s in %)
Market mixed and flat. Volume extremely weak. Oil up 3 cents. Or was it 4? The world awaited a European country vote?
WNDEF up 71 on buyout. CLNO up 17. RNNM up 16. GEVO up 12. AMLM up 11. OOIL up 10. BWEN, NENE up 5. NPWZ up 3.
AFPW down 31. EVCA down 30. HEV, CRGE down 17. NGBF down 13. ENZR down 12. DSTI down 11. XSNX down 10. UBRG down 8. FSLR, HSOL down 6. GTAT down 4. LSCG, WEST down 2.
I'm as confused as you are. Maybe more. Thought about buying FSLR and UBRG. But decided to wait. The market could vault down from going over the 50-day lines or it could hold the 50-day lines. And then if Europe solves their debt crisis - how likely? - and earnings come in well how high could the market go? Or if the opposite, how low?
Hence the mixed flat after over 300 point gain. I guess. Let's sleep on it.
Market mixed and flat. Volume extremely weak. Oil up 3 cents. Or was it 4? The world awaited a European country vote?
WNDEF up 71 on buyout. CLNO up 17. RNNM up 16. GEVO up 12. AMLM up 11. OOIL up 10. BWEN, NENE up 5. NPWZ up 3.
AFPW down 31. EVCA down 30. HEV, CRGE down 17. NGBF down 13. ENZR down 12. DSTI down 11. XSNX down 10. UBRG down 8. FSLR, HSOL down 6. GTAT down 4. LSCG, WEST down 2.
I'm as confused as you are. Maybe more. Thought about buying FSLR and UBRG. But decided to wait. The market could vault down from going over the 50-day lines or it could hold the 50-day lines. And then if Europe solves their debt crisis - how likely? - and earnings come in well how high could the market go? Or if the opposite, how low?
Hence the mixed flat after over 300 point gain. I guess. Let's sleep on it.
STUFF
OPEC cut demand forecast for rest of year (reported yesterday here) and expects no demand increase in '12. Huh. Even with China and India car sales. Huh.
Israeli Electric corp to build $1.3B 240MW solar project in N China. $750M in solar farms, $540M of rooftop. IEC's first solar project. Forming subsid to do foreign ventures, registering it in Cyprus so they can operate in countries without Israeli relations and because of the low tax regime. Just the way it is.
Chinese energy comps have invested $16.7B in Canada energy comps since late '09.
Chevrolet chose 16 projects in part of $40M plan to elim 8M metric tons of CO2 emissions. See the USA in your Chevrolet.
Russia dialed back taxes on crude oil exports Oct 1.
25 states asked fed court to make EPA wait a year to finalize emission limits for coal power plants. Scheduled to be finalized next month. "Could cause electric rates to rise 10-20% in some areas of country."
Japan looking to export their nuke tech. I'm sorry, that gave me a laugh. But what the hell, Russia does. Radiation leak, meanwhile, reported at Brookhaven lab.
Bank of America study says US solar market will survive near-term clouds to become world's biggest.
EU emissions show biggest annual increase in 20 years.
Austin's Pecan Street Project wants to get EV's, home E mgmt, solar panels, household batts, etc. talking with each other and the grid to favorably shape peak load.
Global cleantech saw $2.2B invested in Q3, up from $1.8B in 3Q10. And increase in financing rounds v. 2Q (189 v. 179).
US residential solar installs fell 5.9% in 2Q11 from 1Q11 to 60MW. 2nd negative growth Q in a row.
Thailand to start exporting sugarcane ethanol in '12. Phillipines seen as main market.
Israeli Electric corp to build $1.3B 240MW solar project in N China. $750M in solar farms, $540M of rooftop. IEC's first solar project. Forming subsid to do foreign ventures, registering it in Cyprus so they can operate in countries without Israeli relations and because of the low tax regime. Just the way it is.
Chinese energy comps have invested $16.7B in Canada energy comps since late '09.
Chevrolet chose 16 projects in part of $40M plan to elim 8M metric tons of CO2 emissions. See the USA in your Chevrolet.
Russia dialed back taxes on crude oil exports Oct 1.
25 states asked fed court to make EPA wait a year to finalize emission limits for coal power plants. Scheduled to be finalized next month. "Could cause electric rates to rise 10-20% in some areas of country."
Japan looking to export their nuke tech. I'm sorry, that gave me a laugh. But what the hell, Russia does. Radiation leak, meanwhile, reported at Brookhaven lab.
Bank of America study says US solar market will survive near-term clouds to become world's biggest.
EU emissions show biggest annual increase in 20 years.
Austin's Pecan Street Project wants to get EV's, home E mgmt, solar panels, household batts, etc. talking with each other and the grid to favorably shape peak load.
Global cleantech saw $2.2B invested in Q3, up from $1.8B in 3Q10. And increase in financing rounds v. 2Q (189 v. 179).
US residential solar installs fell 5.9% in 2Q11 from 1Q11 to 60MW. 2nd negative growth Q in a row.
Thailand to start exporting sugarcane ethanol in '12. Phillipines seen as main market.
OPEN
(stock #'s in %)
Market mixed and flat. Volume scary light. Oil down under $85. Story said bond yields show 60% odds now of US recession.
NPWZ up 19. News of new fuel cell patent. SOPW up 13. NTCXF up 12 on news of alliance with major Italian solar manufacturer. NENE up 3.
Market positive now. Up 13/21/4.
NGLPF down 21. HEV down another 18. CRGE down 17. PALAF, PSPW down 10. RBCN down 4, made new low. Piper downgraded LED comps on glut. FSLR down 2 after making new low.
Market mixed and flat. Volume scary light. Oil down under $85. Story said bond yields show 60% odds now of US recession.
NPWZ up 19. News of new fuel cell patent. SOPW up 13. NTCXF up 12 on news of alliance with major Italian solar manufacturer. NENE up 3.
Market positive now. Up 13/21/4.
NGLPF down 21. HEV down another 18. CRGE down 17. PALAF, PSPW down 10. RBCN down 4, made new low. Piper downgraded LED comps on glut. FSLR down 2 after making new low.
Monday, October 10, 2011
CLOSE
(stock #'s in %)
Market up 330/86/39. The jump over the 50-day lines. Volume, though, stayed normal. Oil up near $86.
GSPI up 31. CBWP up 30. CRGE, CCGI up 25. CCGI on 250 shs. Huh. BIOF up 23. PALAF up 20. EVCA up 18. That was volume. AFPW up 15. Volume too. AEBF, URRE, QTMM up 10. AMSC up 9. CLNE up 8. ZOLT up 6.
TRKP down 26. NPWZ down 23. HEV, BCON, CABN down 10. BCON new low. WEST down 1.
Market up 330/86/39. The jump over the 50-day lines. Volume, though, stayed normal. Oil up near $86.
GSPI up 31. CBWP up 30. CRGE, CCGI up 25. CCGI on 250 shs. Huh. BIOF up 23. PALAF up 20. EVCA up 18. That was volume. AFPW up 15. Volume too. AEBF, URRE, QTMM up 10. AMSC up 9. CLNE up 8. ZOLT up 6.
TRKP down 26. NPWZ down 23. HEV, BCON, CABN down 10. BCON new low. WEST down 1.
STUFF
WFR's sub Sun Ed sold another 33MW of solar farms in Italy and Spain to Germany's KGAL.
Email showed a senior DOE official pushed the Solyndra loan even though his wife's law firm represented the comp and he promised to recuse himself. Well, there's the problem. Some stupid arrrogant SOB.
Oilspill off NZ. How could a ship plow into a well-documented reef in calm waters?
State Dept assigned important enviro impact study of Keystone pipeline to a company with financial ties to the pipeline company. How long does the incest go on?
Just a suggestion for the protesters (Occupy Wall Street): publicly-financed federal elections. Constitutional amendment.
DOE project probing possible CO2 repository for NE coal plants. Drilling 7k feet into Newark Basin - upstate New York to Philly.
Unusual cluster lately of generator failures at nuke plants.
EU hit Belarus with more sanctions for arresting political opponents. Previous sanctions set to expire Nov 1 extended.
IEA expecting 4Q demand increase of 400kb/d, down from 700k seen in '09, '10.
Not enough money in Europe to bail out EU banks if Spain, Italy default. Devolves to the govts. Wall Street has loaned EU banks ~$2.7T. >$1T gone to GM, FR banks that face collapse with those defaults. Though that is likely covered with credit default swaps. But EU showing signs of recession. Like in US, we can't afford that. Still, what if Greece defaults?
Sauds, Kuwait, Bahrain have turned against Assad in Syria. Iraq, likely at Iran's behest, sending Assad financial support.
Sauds unlikely to expand oil production. They say expected increases from Iraq and Brazil enough to meet demand. Aramco remains committed to spend $125B next 5 yrs to maintain production and increase refinery capacity. But Sauds actually cut back production 400kb/d in Sept.
Pipeline bomb in Iraq. Temporary cut of 700kb/d.
EU Commission preparing to declare Canada oil sands 25% dirtier to produce than conventional oil.
Nestle: rising food prices "similar" to '08 ... low water levels in Chile reservoirs (hydro power) ... possible tight heating oil supply for NE US ... Syrian oil production down 20kb/d ... Chavez proposed new oil exporters cartel ... rising Chinese labor costs may bring jobs back to US ... low water storage in China ... escalating investment in geothermal power ... global spending on fossil fuel subsidies $409B in '10, up $110B from '09 ... Asian E comps looking to buy, dismantle, ship old western refineries.
BP biofuels going for full vertical integration in US cellulosic ethanol expansion.
Email showed a senior DOE official pushed the Solyndra loan even though his wife's law firm represented the comp and he promised to recuse himself. Well, there's the problem. Some stupid arrrogant SOB.
Oilspill off NZ. How could a ship plow into a well-documented reef in calm waters?
State Dept assigned important enviro impact study of Keystone pipeline to a company with financial ties to the pipeline company. How long does the incest go on?
Just a suggestion for the protesters (Occupy Wall Street): publicly-financed federal elections. Constitutional amendment.
DOE project probing possible CO2 repository for NE coal plants. Drilling 7k feet into Newark Basin - upstate New York to Philly.
Unusual cluster lately of generator failures at nuke plants.
EU hit Belarus with more sanctions for arresting political opponents. Previous sanctions set to expire Nov 1 extended.
IEA expecting 4Q demand increase of 400kb/d, down from 700k seen in '09, '10.
Not enough money in Europe to bail out EU banks if Spain, Italy default. Devolves to the govts. Wall Street has loaned EU banks ~$2.7T. >$1T gone to GM, FR banks that face collapse with those defaults. Though that is likely covered with credit default swaps. But EU showing signs of recession. Like in US, we can't afford that. Still, what if Greece defaults?
Sauds, Kuwait, Bahrain have turned against Assad in Syria. Iraq, likely at Iran's behest, sending Assad financial support.
Sauds unlikely to expand oil production. They say expected increases from Iraq and Brazil enough to meet demand. Aramco remains committed to spend $125B next 5 yrs to maintain production and increase refinery capacity. But Sauds actually cut back production 400kb/d in Sept.
Pipeline bomb in Iraq. Temporary cut of 700kb/d.
EU Commission preparing to declare Canada oil sands 25% dirtier to produce than conventional oil.
Nestle: rising food prices "similar" to '08 ... low water levels in Chile reservoirs (hydro power) ... possible tight heating oil supply for NE US ... Syrian oil production down 20kb/d ... Chavez proposed new oil exporters cartel ... rising Chinese labor costs may bring jobs back to US ... low water storage in China ... escalating investment in geothermal power ... global spending on fossil fuel subsidies $409B in '10, up $110B from '09 ... Asian E comps looking to buy, dismantle, ship old western refineries.
BP biofuels going for full vertical integration in US cellulosic ethanol expansion.
1:55P
You might consider buying HEV here down 17%. Or NPWZ down 20%. EFOI, GRHU new lows. WEST turned around, now up 3. VUOC up 2.
OPEN
(stock #'s in %)
Market up 280/77/33. All indeces over 50-day lines. Volume very light, though. Oil up near $86. "No new recession" is being proclaimed.
AFPW up another 18. ECOS up 12. QTMM up 10. APWR up 8. Mostly big-cap push so far.
NPWZ back 20. CSGH down 15. HEV down 13. EFOI down 6, new low. WEST down 4.
Market up 280/77/33. All indeces over 50-day lines. Volume very light, though. Oil up near $86. "No new recession" is being proclaimed.
AFPW up another 18. ECOS up 12. QTMM up 10. APWR up 8. Mostly big-cap push so far.
NPWZ back 20. CSGH down 15. HEV down 13. EFOI down 6, new low. WEST down 4.
Sunday, October 9, 2011
SUNDAY
Deepwater applied for BOEM permit to build 1GW wind farm off Rhode Island coast. 5MW turbines. Leases could be awarded in '12.
Merkel, Sarkozy reached agreement on strengthening banking sector.
Signal Energy putting up 20MW wind farm in TX panhandle. Owned by DeWind, who's also providing the turbines from a TX plant. Online by year-end.
BP Wind E planning $800M 419MW wind farm to span 4 Kansas counties. Fall '12 completion. BP will pay >$1M/yr for 20 yrs to 200 landowners and about the same to local govts.
US tax credits for wind power expire at end of '12.
1,000th GE wind turbine installed in Canada goes into service next month. 1st installed in '04. Canada's wind power now 4.6GW, ~2% of total el demand.
Clemson project converting warehouse on former Charleston Navy base into test center for massive ocean wind turbines. $98M cost came from $45M DOE grant, $53M from SC and private donors.
GE and Inovateus Solar to offer solar carports w/ EV charging stations for commercial, corporate parking lots.
Salt River Project switched on 20MW solar farm to supply el to >100 schools in Phoenix area. Built by Iberdrola using SPWRA panels.
SPWRA expects to start building 25MW solar farm near Modesto before year-end. Online 2H12.
Feds picked 7 pilot projects to speed up transmission line buildout. 9 agencies formed Rapid Response Team for Transmission to oversee. Projects now take 5-15 years to get all the permits.
1H11, renewable E (biomass, biofuels, geothermal, solar, wind and hydro) provided 12.25% of US energy (el and transport) production. Was 11% in 1H10, 10.5% in 1H09.
Wind E in Europe expected to >triple in power output by '20 with over $262B investment for onshore and offshore wind. Production should increase from 5.5% of total el demand in '10 to 15.7% in '20.
Global small wind industry projected to triple by '15 to ~150MW/yr. US expected to have 2/3 of market.
2.1GW WY wind farm in design stage. Being developed by Pathfinder Renewable Wind E.
EDP Renewables opened 99MW wind farm in OH. 1st of 4 phases.
Sinopec to buy Canada's Daylight E for ~$2.1B. They explore for oil, NG liquids in W. Canada.
Merkel, Sarkozy reached agreement on strengthening banking sector.
Signal Energy putting up 20MW wind farm in TX panhandle. Owned by DeWind, who's also providing the turbines from a TX plant. Online by year-end.
BP Wind E planning $800M 419MW wind farm to span 4 Kansas counties. Fall '12 completion. BP will pay >$1M/yr for 20 yrs to 200 landowners and about the same to local govts.
US tax credits for wind power expire at end of '12.
1,000th GE wind turbine installed in Canada goes into service next month. 1st installed in '04. Canada's wind power now 4.6GW, ~2% of total el demand.
Clemson project converting warehouse on former Charleston Navy base into test center for massive ocean wind turbines. $98M cost came from $45M DOE grant, $53M from SC and private donors.
GE and Inovateus Solar to offer solar carports w/ EV charging stations for commercial, corporate parking lots.
Salt River Project switched on 20MW solar farm to supply el to >100 schools in Phoenix area. Built by Iberdrola using SPWRA panels.
SPWRA expects to start building 25MW solar farm near Modesto before year-end. Online 2H12.
Feds picked 7 pilot projects to speed up transmission line buildout. 9 agencies formed Rapid Response Team for Transmission to oversee. Projects now take 5-15 years to get all the permits.
1H11, renewable E (biomass, biofuels, geothermal, solar, wind and hydro) provided 12.25% of US energy (el and transport) production. Was 11% in 1H10, 10.5% in 1H09.
Wind E in Europe expected to >triple in power output by '20 with over $262B investment for onshore and offshore wind. Production should increase from 5.5% of total el demand in '10 to 15.7% in '20.
Global small wind industry projected to triple by '15 to ~150MW/yr. US expected to have 2/3 of market.
2.1GW WY wind farm in design stage. Being developed by Pathfinder Renewable Wind E.
EDP Renewables opened 99MW wind farm in OH. 1st of 4 phases.
Sinopec to buy Canada's Daylight E for ~$2.1B. They explore for oil, NG liquids in W. Canada.
Saturday, October 8, 2011
SATURDAY
81 new cities to be created in China next 14 years.
48% of American households receive some form of govt benefits. In '83, it was 30%. Households now receiving more from govt than taxes paid in.
In '10, US paid $413B in interest on the debt.
College tuitions in US up >900% since '78. Today >100k janitors, 317k waiters and waitresses and ~365k cashiers with college degrees.
In '10, #1 US export to China was "scrap and trash".
US home values down ~$6T since bubble burst.
>10k/day folks for the next 19 years in US will reach 66 years old. Um, retirement.
Item that cost $20 in '70 now $116. From '13, $458. That's like phone service with some long distance calls.
#1 country for biz: Canada. 11-16% corp tax rates. Universal health care. $1.6T GDP. 34M people. Boocoo resources.
We need to allow our corporations to bring back their overseas cash without taxing the hell out of it, lower our corp tax rates and drop manufacturing tax to zero at least for ten years so we can get our jobs back and get growing again to begin knocking down the debt. When is the govt going to get it?
48% of American households receive some form of govt benefits. In '83, it was 30%. Households now receiving more from govt than taxes paid in.
In '10, US paid $413B in interest on the debt.
College tuitions in US up >900% since '78. Today >100k janitors, 317k waiters and waitresses and ~365k cashiers with college degrees.
In '10, #1 US export to China was "scrap and trash".
US home values down ~$6T since bubble burst.
>10k/day folks for the next 19 years in US will reach 66 years old. Um, retirement.
Item that cost $20 in '70 now $116. From '13, $458. That's like phone service with some long distance calls.
#1 country for biz: Canada. 11-16% corp tax rates. Universal health care. $1.6T GDP. 34M people. Boocoo resources.
We need to allow our corporations to bring back their overseas cash without taxing the hell out of it, lower our corp tax rates and drop manufacturing tax to zero at least for ten years so we can get our jobs back and get growing again to begin knocking down the debt. When is the govt going to get it?
Friday, October 7, 2011
STUFF
Harvard lost its top world ranking to CalTech.
Eagle Ford shale (SE Texas) to add ~420kb/d to US oil production over next several years. TX Railroad Commission: permits issued 1st 8 months of '11 more than total from previous 3 yrs. Production 1H11 almost equaled all of '10.
N. Am rail carloads reached '11 high in week-ended Oct 1. (And intermodal units). 3rd straight week of gains. Buffett's BNSF had highest total in 3 yrs.
Admin sent WTO a list of 200 programs, some solar and wind power, that may unfairly benefit China.
EPA panel issued plan for Gulf Coast restoration to address long-term problems of gulf, Miss. River.
Head of UK's Institute of Mech engineering says climate, resource problems may make future economic growth much harder. Need an engineering degree to see that?
Head of DOE loan program resigned. Well, the program did end.
EU on track to meet Kyoto targets.
Wetland losses linked to climate change in a report. Another study showed plants adapt genetically to climate.
Uruguay to become major exporter of NG. Potentially >20TCF in deposits just off coast. Schuepbach Energy (Dallas) involved in development. Brazil, Argentina and Portugal comps already active in Uruguay's sector offshore.
Frito-Lay opened renovated plant in AZ that will run "near net zero". Mostly renewable energy, mostly recycled water, most of waste will not go to landfill. Kraft, Campbell also have been making progress in sustainability.
Governor of Bank of England: this is the most serious financial crisis at least since the '30's, if not ever. PM Cameron: threat as serious now as in '08. THEY'RE the ones who can do anything about it. Thanks for the heads up, guys.
Former US ambassador to Afghanistan upset that client lost oil deal there. Um, OK, there's oil there? Why aren't we drilling it by now to bring down OUR pump prices?
Well, happy weekend trails, pards.
Eagle Ford shale (SE Texas) to add ~420kb/d to US oil production over next several years. TX Railroad Commission: permits issued 1st 8 months of '11 more than total from previous 3 yrs. Production 1H11 almost equaled all of '10.
N. Am rail carloads reached '11 high in week-ended Oct 1. (And intermodal units). 3rd straight week of gains. Buffett's BNSF had highest total in 3 yrs.
Admin sent WTO a list of 200 programs, some solar and wind power, that may unfairly benefit China.
EPA panel issued plan for Gulf Coast restoration to address long-term problems of gulf, Miss. River.
Head of UK's Institute of Mech engineering says climate, resource problems may make future economic growth much harder. Need an engineering degree to see that?
Head of DOE loan program resigned. Well, the program did end.
EU on track to meet Kyoto targets.
Wetland losses linked to climate change in a report. Another study showed plants adapt genetically to climate.
Uruguay to become major exporter of NG. Potentially >20TCF in deposits just off coast. Schuepbach Energy (Dallas) involved in development. Brazil, Argentina and Portugal comps already active in Uruguay's sector offshore.
Frito-Lay opened renovated plant in AZ that will run "near net zero". Mostly renewable energy, mostly recycled water, most of waste will not go to landfill. Kraft, Campbell also have been making progress in sustainability.
Governor of Bank of England: this is the most serious financial crisis at least since the '30's, if not ever. PM Cameron: threat as serious now as in '08. THEY'RE the ones who can do anything about it. Thanks for the heads up, guys.
Former US ambassador to Afghanistan upset that client lost oil deal there. Um, OK, there's oil there? Why aren't we drilling it by now to bring down OUR pump prices?
Well, happy weekend trails, pards.
CLOSE
(stock #'s in %)
Market down 20/27/9. Volume normal. Oil under $83. Fitch downgraded Spain and Italy. Weekend Euro summit.
AFPW up 140. 2-day triple after USAF contract. AEBF up 47. CSKH, TRKP up 40. NPWZ up 26. NGLPF up 25. CCGI up 23. LTBR up 21. APWR up 16. LEXG up 12. PALAF up 11. NANX up 10. LSCG up 5.
PBOF down 58. GRHU down 23. EVSI down 16. HSOL, CSIQ, UBRG down 12. BWEN, AMLM down 10. HEV down 8. WEST down 2.
Market down 20/27/9. Volume normal. Oil under $83. Fitch downgraded Spain and Italy. Weekend Euro summit.
AFPW up 140. 2-day triple after USAF contract. AEBF up 47. CSKH, TRKP up 40. NPWZ up 26. NGLPF up 25. CCGI up 23. LTBR up 21. APWR up 16. LEXG up 12. PALAF up 11. NANX up 10. LSCG up 5.
PBOF down 58. GRHU down 23. EVSI down 16. HSOL, CSIQ, UBRG down 12. BWEN, AMLM down 10. HEV down 8. WEST down 2.
OPEN
(stock #'s in %)
Market mixed. Dow up 60, Naz down 6, S&P flat. Volume light. Oil over $83. 103K jobs added. Merkel/Sarcozy split on Greece solution.
AEBF up 58 on 2.2k shs. CSKH up 40. PALAF up 11. NPWZ up 7. EFOI up 6. CREE up 6 they say on takeover rumors.
GRHU down 25. CPWY down 21. UBRG coming back, down 12. HEV, BWEN down 10. WEST down 9. JASO down 8. Recent report that with selling prices falling none of the Chinese solars will be making profit for a while. HSOL down 7.
Market mixed. Dow up 60, Naz down 6, S&P flat. Volume light. Oil over $83. 103K jobs added. Merkel/Sarcozy split on Greece solution.
AEBF up 58 on 2.2k shs. CSKH up 40. PALAF up 11. NPWZ up 7. EFOI up 6. CREE up 6 they say on takeover rumors.
GRHU down 25. CPWY down 21. UBRG coming back, down 12. HEV, BWEN down 10. WEST down 9. JASO down 8. Recent report that with selling prices falling none of the Chinese solars will be making profit for a while. HSOL down 7.
Thursday, October 6, 2011
CLOSE
(stock #'s in %)
Market up 183/46/20. Volume very heavy. Oil up over $82.
EVCA up 28. TRKP up 21. RSOL up 20. BHWX up 19. UBRG up 18. OPTT up 17. PTOS up 14. PALAF up 13. SOPW up 11. JASO, ECTY, DSTI, CSGH up 10. SPWRA up 8. VRNM up 6. FSLR, HEV, NPWZ, VUOC up 5.
AEBF down 37. WNEA down 33. CRGE down 25. GSPI down 16. BSRC down 13. GNPG down 12. WEST down 5.
Market up 183/46/20. Volume very heavy. Oil up over $82.
EVCA up 28. TRKP up 21. RSOL up 20. BHWX up 19. UBRG up 18. OPTT up 17. PTOS up 14. PALAF up 13. SOPW up 11. JASO, ECTY, DSTI, CSGH up 10. SPWRA up 8. VRNM up 6. FSLR, HEV, NPWZ, VUOC up 5.
AEBF down 37. WNEA down 33. CRGE down 25. GSPI down 16. BSRC down 13. GNPG down 12. WEST down 5.
STUFF
A survey taken near end of last year said 77% of Americans are living paycheck to paycheck. It was 43% in '07.
US fleet of trucks, buses uses ~2.5mb/d of oil. Conversion to NG would displace 42% OPEC imports. We want to do that, right? Even just on principle if it's not economic. This war goes back to '73. We're lucky when any war is just economic.
SATC got 40MW deal with Q-cells for Ontario project.
Solyndra almost got another half billion from admin?!: House Dems.
Millionaire tax proposed now instead of oil subsidy cuts. I remember LBJ's surtax that gave us a budget surplus in '69.
EIB to lend Euro350M to build 40-mile 1GW bipolar electric interconnector between Spain and France through underground hi-speed rail tunnel through Pyrenees. Will also get Euro 225M grant from European Energy Programme for Recovery. Launch in '14.
ARPA-E director is Arun Majunda. Sounds American, huh.
Leading UK retailer switched forklifts to biodiesel. Not fuel cells. Not batteries. Really.
That's the come and the go, pards. What a do.
US fleet of trucks, buses uses ~2.5mb/d of oil. Conversion to NG would displace 42% OPEC imports. We want to do that, right? Even just on principle if it's not economic. This war goes back to '73. We're lucky when any war is just economic.
SATC got 40MW deal with Q-cells for Ontario project.
Solyndra almost got another half billion from admin?!: House Dems.
Millionaire tax proposed now instead of oil subsidy cuts. I remember LBJ's surtax that gave us a budget surplus in '69.
EIB to lend Euro350M to build 40-mile 1GW bipolar electric interconnector between Spain and France through underground hi-speed rail tunnel through Pyrenees. Will also get Euro 225M grant from European Energy Programme for Recovery. Launch in '14.
ARPA-E director is Arun Majunda. Sounds American, huh.
Leading UK retailer switched forklifts to biodiesel. Not fuel cells. Not batteries. Really.
That's the come and the go, pards. What a do.
2:05P
VUOC announced 5-year agreement with the company that lit the "Bird Nest" stadium for the Olympics in China. New lighting tech. Mercury free. We'll see how economic. I bought some. Up already.
Otherwise, there's UBRG and NPWZ up 17. DSTI up 15. RSOL up 12. ECTY up 10. And WEST down 5.
Otherwise, there's UBRG and NPWZ up 17. DSTI up 15. RSOL up 12. ECTY up 10. And WEST down 5.
OPEN
(stock #'s in %)
Market up 47/24/8. Was down 50-60 Dow early. Volume very light. Oil over $80.
PTOS up 42. UBRG up 20. Now over all their lines. Left some on the table there. Ow. Didn't sell off even a tenth of a cent. BHWX up 19. VSPC up 11. CPWY up 10. ECTY up 9. They got $26M award from DOE. ABAT, BIOF up 8. BWEN up 7. NPWZ up 6.
CCGI down 31. Probably because they didn't get the DOE award. GRHU down 28. GSPI down 26. GNPG down 23. CRGE down 17. HEV down 16. They were up another 20 and hit 50-day lines, but now the selloff. WTWO down 14. VUOC, AEBF down 11. NENE down 4 more. LSCG down 2 more.
Market up 47/24/8. Was down 50-60 Dow early. Volume very light. Oil over $80.
PTOS up 42. UBRG up 20. Now over all their lines. Left some on the table there. Ow. Didn't sell off even a tenth of a cent. BHWX up 19. VSPC up 11. CPWY up 10. ECTY up 9. They got $26M award from DOE. ABAT, BIOF up 8. BWEN up 7. NPWZ up 6.
CCGI down 31. Probably because they didn't get the DOE award. GRHU down 28. GSPI down 26. GNPG down 23. CRGE down 17. HEV down 16. They were up another 20 and hit 50-day lines, but now the selloff. WTWO down 14. VUOC, AEBF down 11. NENE down 4 more. LSCG down 2 more.
Wednesday, October 5, 2011
STUFF
Morgan Stanley. Are they going under? Oy.
EPA plans to tweak interstate emissions limits.
Europe may ban crude from oil sands. Holier than thou? Giveth us a break. If they had it I bet it'd be a different tune. Canada vows to fight it. They don't even need to bother. US will build the pipeline. China will probably get their's too to the West coast. Sure we all wish it were a cleaner process. As sure as we want to get off oil. But reality is a griz.
Finland proposing a nuke reactor.
Dole, banana farmers reached settlement over pesticides. Well, that makes us feel better about eating bananas. At least we can peel 'm.
Molycorp announced 4 new rare earth mining prospects. Go Molly.
EPA plans to tweak interstate emissions limits.
Europe may ban crude from oil sands. Holier than thou? Giveth us a break. If they had it I bet it'd be a different tune. Canada vows to fight it. They don't even need to bother. US will build the pipeline. China will probably get their's too to the West coast. Sure we all wish it were a cleaner process. As sure as we want to get off oil. But reality is a griz.
Finland proposing a nuke reactor.
Dole, banana farmers reached settlement over pesticides. Well, that makes us feel better about eating bananas. At least we can peel 'm.
Molycorp announced 4 new rare earth mining prospects. Go Molly.
CLOSE
(stock #'s in %)
Market up 131/55/20. Volume very heavy. Oil up close to $80.
NGBF up 60. HEV up 54. WNEA up 42. GSPI up 30. WTWO up 27. CLNO, MKTY up 22. MMMW up 18. UBRG, ENZR up 17. ECTY, VUOC up 16. ENER up 15. CCTC, CSGH, GNPG, JASO, PLUG up 11. NGLPF up 10.
NPWZ down 25. PTOS down 22. EFOI down 11. QTMM, VSPC down 10.
NPWZ may rebound, but they're a long way from any revenues from Boeing. HEV has had an amazing week. I really think there's going to be some profit taking now. UBRG hit 50-day lines. I sold, expecting a come back. Keep eye on EFOI, NENE, LSCG, BWEN.
Happy trailers, pards.
Market up 131/55/20. Volume very heavy. Oil up close to $80.
NGBF up 60. HEV up 54. WNEA up 42. GSPI up 30. WTWO up 27. CLNO, MKTY up 22. MMMW up 18. UBRG, ENZR up 17. ECTY, VUOC up 16. ENER up 15. CCTC, CSGH, GNPG, JASO, PLUG up 11. NGLPF up 10.
NPWZ down 25. PTOS down 22. EFOI down 11. QTMM, VSPC down 10.
NPWZ may rebound, but they're a long way from any revenues from Boeing. HEV has had an amazing week. I really think there's going to be some profit taking now. UBRG hit 50-day lines. I sold, expecting a come back. Keep eye on EFOI, NENE, LSCG, BWEN.
Happy trailers, pards.
1:44P
(stock #'s in %)
Market up 50/33/8.
HEV up 53. Unbelievable. CLNO up 27. UBRG up 20. I told ya guys. $100M revs coming this year and $5M valuation. WTWO up 18. ENZR up 15. CCTC up 14. ECTY up 13. SPIR up 12. AONE, DSTI, PLUG up 11. JASO, APWR up 9.
MDTL down 46. NPWZ down 38, back into buyville. PSPW down 15. No volume, of course. AMLM, GHRU, VSPC down 10. CSKH down 9. BWEN down 8. NENE down 5. COMV, LSCG down 3.
Market up 50/33/8.
HEV up 53. Unbelievable. CLNO up 27. UBRG up 20. I told ya guys. $100M revs coming this year and $5M valuation. WTWO up 18. ENZR up 15. CCTC up 14. ECTY up 13. SPIR up 12. AONE, DSTI, PLUG up 11. JASO, APWR up 9.
MDTL down 46. NPWZ down 38, back into buyville. PSPW down 15. No volume, of course. AMLM, GHRU, VSPC down 10. CSKH down 9. BWEN down 8. NENE down 5. COMV, LSCG down 3.
MORE STUFF
China's Xinjiang Province approved plans for 12 wind power zones by '15 to produce 8.5GW.
357 projects underway in Brazil to produce >24GW.
Co-founder of Home Depot on Charlie Rose: provision in jobs bill that would allow unemployed job interviewee to sue the company if turned down based on discrimination against unemployed. Who the heck is going to interview anyone unemployed?! Is this true or a skewed interpretation?
Bullitt Center under construction in Seattle to provide its own water and el.
Toyota plans to commercialize their plant-based biofuel produced from new strain of yeast by '20. Tens of billions of Yen needed to develop.
Novozymes, world's largest industrial enzyme producer, to build plant in Brazil to produce ethanol from sugarcane waste - bagasse. Claims a cheaper process then eth from sugarcane juice. Expects to produce for 64 cents/liter (>quart I think) in '13. 12% less than current prices. O yea, Shell across the streeet now at $3.29/gal. About dang time.
NRC study says due to high costs and difficulty in producing next-gen biofuels, US unlikely to meet govt's usage mandates. Also warns feedstocks needed could compete with food crops for land. And there could be unintended enviro consequences from fertilizer and water requirements. O what are we to do. Really. We didn't get to the moon by shirking off challenges. Course, what did getting to the moon get us? Well, that's a whole other thing. Anyway, the driver will be pump prices and how soon global oil production begins falling.
GE expanding partnership with Nissan to plug EV's into more homes. Well, there's an answer.
Onward and upward, pards.
357 projects underway in Brazil to produce >24GW.
Co-founder of Home Depot on Charlie Rose: provision in jobs bill that would allow unemployed job interviewee to sue the company if turned down based on discrimination against unemployed. Who the heck is going to interview anyone unemployed?! Is this true or a skewed interpretation?
Bullitt Center under construction in Seattle to provide its own water and el.
Toyota plans to commercialize their plant-based biofuel produced from new strain of yeast by '20. Tens of billions of Yen needed to develop.
Novozymes, world's largest industrial enzyme producer, to build plant in Brazil to produce ethanol from sugarcane waste - bagasse. Claims a cheaper process then eth from sugarcane juice. Expects to produce for 64 cents/liter (>quart I think) in '13. 12% less than current prices. O yea, Shell across the streeet now at $3.29/gal. About dang time.
NRC study says due to high costs and difficulty in producing next-gen biofuels, US unlikely to meet govt's usage mandates. Also warns feedstocks needed could compete with food crops for land. And there could be unintended enviro consequences from fertilizer and water requirements. O what are we to do. Really. We didn't get to the moon by shirking off challenges. Course, what did getting to the moon get us? Well, that's a whole other thing. Anyway, the driver will be pump prices and how soon global oil production begins falling.
GE expanding partnership with Nissan to plug EV's into more homes. Well, there's an answer.
Onward and upward, pards.
OPEN
(stock #'s in %)
Market up 47/14/5. Volume light. Oil up to $78. Private sector added 91k jobs in Sept: ADP. Moody's downgraded Italian bonds, other Euro nations face downgrades.
NGBF up 67. HEV up another 22. Incredible. Triple in days. MKTY up 22. ECTY, NGLPF up 17. DSTI, VUOC up 16. CCTC up 14. BIOF up 13. CPWY up 12. APWR up 10. SATC up 8. WEST up 5.
NPWZ down another 20. BSRC down 12. SOPW down 11. ZAAP down 10. BWEN, COMV, NENE down 5. You might consider COMV. Of course, I don't think the market's done going down.
Market up 47/14/5. Volume light. Oil up to $78. Private sector added 91k jobs in Sept: ADP. Moody's downgraded Italian bonds, other Euro nations face downgrades.
NGBF up 67. HEV up another 22. Incredible. Triple in days. MKTY up 22. ECTY, NGLPF up 17. DSTI, VUOC up 16. CCTC up 14. BIOF up 13. CPWY up 12. APWR up 10. SATC up 8. WEST up 5.
NPWZ down another 20. BSRC down 12. SOPW down 11. ZAAP down 10. BWEN, COMV, NENE down 5. You might consider COMV. Of course, I don't think the market's done going down.
Tuesday, October 4, 2011
CLOSE
(stock #'s in %)
What a day. What turned it around? Market up 153/68/24. Volume almost double normal. Oil under $78.
MDTL up 85. Gotta love that. Despite all the money lost on them a couple years back. Now they want to be seen. Huh. HEV up another 29. I thought they were petering out. BWEN, OPTT up 26. URRE up 25. SATC up 22. ASTI up 19. ALTI up 18. GTAT up 16. ACPW up 13. WEST, XIDE, SYNM up 12. AMLM up 11. HSOL up 10.
UBRG, AONE, PWER, EMKR, ELON up 9. AMSC, JASO up 7. ITRI, CCTC up 6. CSIQ, ENOC up 4. CREE, ZOLT up 3. COMV up 1. CSKH flat, came back more than any other from their bottom today.
NPWZ down 32. ENER, APWR down 15. NGLPF down 14 more. There will be a bounce, yeah? BCON down 13 more. Bounce? BIOF down 12 more. Out of biz? Bankrupt? ECTY down 11. Where is the bottom? RSOL down 10. DSTI down 8. FSLR, LSCG, NENE flat.
What a do.
What a day. What turned it around? Market up 153/68/24. Volume almost double normal. Oil under $78.
MDTL up 85. Gotta love that. Despite all the money lost on them a couple years back. Now they want to be seen. Huh. HEV up another 29. I thought they were petering out. BWEN, OPTT up 26. URRE up 25. SATC up 22. ASTI up 19. ALTI up 18. GTAT up 16. ACPW up 13. WEST, XIDE, SYNM up 12. AMLM up 11. HSOL up 10.
UBRG, AONE, PWER, EMKR, ELON up 9. AMSC, JASO up 7. ITRI, CCTC up 6. CSIQ, ENOC up 4. CREE, ZOLT up 3. COMV up 1. CSKH flat, came back more than any other from their bottom today.
NPWZ down 32. ENER, APWR down 15. NGLPF down 14 more. There will be a bounce, yeah? BCON down 13 more. Bounce? BIOF down 12 more. Out of biz? Bankrupt? ECTY down 11. Where is the bottom? RSOL down 10. DSTI down 8. FSLR, LSCG, NENE flat.
What a do.
STUFF
In '16, 78M US retirees will be required by '87 law to start liquidating their IRA's. Yea, those that still have IRA's left.
Goldman cut Brent outlook to $120 for '12 from previous $130 and expects spread w/ WTI to close to $6.50 from $25 now. Huh. Thanks Meester Goldman.
EV's considered by just 4% or fewer of buyers. O. That will change.
Paris testing short-term EV rentals. Aim to have thousands available in '12. Electric car racing next?
Consensus emerging that decades of suppression of small forest fires is leading cause of recent huge fires.
Loan guarantees harder for nuke because borrower has to pay govt's risk-comp fee.
Putin pledged to follow EU antitrust inquiry into Gazprom.
U of TX researchers hoping their project will lead to commercial use of algae as fuel source.
Molycorp to announce rediscovery of "forgotten" rare earths deposit in S. Calif.
Industry, Admin wrangling over waterway maintenance.
IG report: green job labor training falling short. Funds should be returned. When have we ever seen crap like this?
Dorgan: manage fracking boom or face new regs. . . France w/drew shale gas permits on fracking concerns.
Fed govt should begin climate geoengineering research said a panel of somebodys. And new tools to measure C footprints released.
Ameren to shutter 2 IL coal plants.
Fossil fuel subsidies to balloon by '20: EIA. What's ballooning? Is that like bubbling?
A 4-seat electric plane took top prize and $1.35M in NASA/Google contest.
EPA to issue new permits for spraying pesticides near water by end of month.
Economists saying coal emissions may be under-regulated. What's the opposite of uber?
Study found financiers prefer long-term renewable energy policies.
Colder stratosphere produced large Arctic ozone hole.
Record US exports of gas/other refined products poised to eliminate glut of idle ships next year and will drive freight rates to 3-year highs. Shipments in 1st 9 months of '11 up 24% yoy. Led by cargoes to Latin Am. Costs for medium-range tankers to gain to $14k/d next year. But BW Maritime (Singapore-based owner of 15 supertankers) temporarily idled 2 and mothballing a 3rd. Earnings lowest since '97.
Enbridge to spend C$120M on 2 pipelines to expand eastward flow of crude from west Canada.
Supreme Court chose to reject OPEC price-fixing suits brought by gas retailers, the court citing "defense and foreign policy".
Every energy source has been subsidized by the US in the last 400 years. Renewables far less in early years than any other. Why the hell is that?
Iberia launched commercial flights Madrid to Barcelona with 25% biofuel blend.
BP aims to be world leader in biofuels, upping ante in Brazil.
Goldman cut Brent outlook to $120 for '12 from previous $130 and expects spread w/ WTI to close to $6.50 from $25 now. Huh. Thanks Meester Goldman.
EV's considered by just 4% or fewer of buyers. O. That will change.
Paris testing short-term EV rentals. Aim to have thousands available in '12. Electric car racing next?
Consensus emerging that decades of suppression of small forest fires is leading cause of recent huge fires.
Loan guarantees harder for nuke because borrower has to pay govt's risk-comp fee.
Putin pledged to follow EU antitrust inquiry into Gazprom.
U of TX researchers hoping their project will lead to commercial use of algae as fuel source.
Molycorp to announce rediscovery of "forgotten" rare earths deposit in S. Calif.
Industry, Admin wrangling over waterway maintenance.
IG report: green job labor training falling short. Funds should be returned. When have we ever seen crap like this?
Dorgan: manage fracking boom or face new regs. . . France w/drew shale gas permits on fracking concerns.
Fed govt should begin climate geoengineering research said a panel of somebodys. And new tools to measure C footprints released.
Ameren to shutter 2 IL coal plants.
Fossil fuel subsidies to balloon by '20: EIA. What's ballooning? Is that like bubbling?
A 4-seat electric plane took top prize and $1.35M in NASA/Google contest.
EPA to issue new permits for spraying pesticides near water by end of month.
Economists saying coal emissions may be under-regulated. What's the opposite of uber?
Study found financiers prefer long-term renewable energy policies.
Colder stratosphere produced large Arctic ozone hole.
Record US exports of gas/other refined products poised to eliminate glut of idle ships next year and will drive freight rates to 3-year highs. Shipments in 1st 9 months of '11 up 24% yoy. Led by cargoes to Latin Am. Costs for medium-range tankers to gain to $14k/d next year. But BW Maritime (Singapore-based owner of 15 supertankers) temporarily idled 2 and mothballing a 3rd. Earnings lowest since '97.
Enbridge to spend C$120M on 2 pipelines to expand eastward flow of crude from west Canada.
Supreme Court chose to reject OPEC price-fixing suits brought by gas retailers, the court citing "defense and foreign policy".
Every energy source has been subsidized by the US in the last 400 years. Renewables far less in early years than any other. Why the hell is that?
Iberia launched commercial flights Madrid to Barcelona with 25% biofuel blend.
BP aims to be world leader in biofuels, upping ante in Brazil.
1:44P
Well, the market broke to the down side and up stepped Bernanke to say the Fed might have to do more. Greece may be weeks from default and central banks are backing up the banks. Maybe Greek default is cooked into the market. Maybe not. And the other question is will a Greece default take the US into recession. Or is our own politics doing it?
Solar finally found a bottom today. Many were up 20% off the morning bottoms. But it's starting to come back.
LSCG now one to watch. Down 9. NPWZ will probably go down another couple days. Though Boeing's a pretty big boing. AONE, BWEN found new bottoms. CCTC up 21%. CSKH down 18%. DSTI down 13%. Are they in business or not? ECTY down 10% but got lower this morn. ENER looking for new bottom. HEV's probably topped out. ASTI up 17%. You never know when. But solar was due. Way.
OPTT still up 23%. What? SATC up 10%. WEST up 9%. AMSC's largest investor bought 1M more shares. Probably at this morn's bottom.
And that, pards, is the come and the go.
Solar finally found a bottom today. Many were up 20% off the morning bottoms. But it's starting to come back.
LSCG now one to watch. Down 9. NPWZ will probably go down another couple days. Though Boeing's a pretty big boing. AONE, BWEN found new bottoms. CCTC up 21%. CSKH down 18%. DSTI down 13%. Are they in business or not? ECTY down 10% but got lower this morn. ENER looking for new bottom. HEV's probably topped out. ASTI up 17%. You never know when. But solar was due. Way.
OPTT still up 23%. What? SATC up 10%. WEST up 9%. AMSC's largest investor bought 1M more shares. Probably at this morn's bottom.
And that, pards, is the come and the go.
OPEN
(stock #'s in %)
Market down 139/2/10. Dow now broke down through Aug bottom. Volume heavy. Oil down around $76. Greece. Recession talk.
GRHU up 32. OPTT up 25. ASTI, XSNX up 17. HEV up 17 more. UBRG up 11. HSOL up 10. BWEN up 9. CREE up 5. GTAT, WEST up 4. FSLR, JASO up 3.
Market now 111/+6/6
NPWZ down 31. CCGI down 23. DSTI down 13. ZAAP down 12. AONE down 6, new low. PLUG down 6.
Market down 139/2/10. Dow now broke down through Aug bottom. Volume heavy. Oil down around $76. Greece. Recession talk.
GRHU up 32. OPTT up 25. ASTI, XSNX up 17. HEV up 17 more. UBRG up 11. HSOL up 10. BWEN up 9. CREE up 5. GTAT, WEST up 4. FSLR, JASO up 3.
Market now 111/+6/6
NPWZ down 31. CCGI down 23. DSTI down 13. ZAAP down 12. AONE down 6, new low. PLUG down 6.
Monday, October 3, 2011
CLOSE
(stock #'s in %)
Market down 258/79/32. S&P August bottom did not hold. Volume went crazy. Oil down under $77. Obama submitted 3 trade agreements.
NPWZ up 112. Mentioned them this morn. HEV up 35 more. UBRG up 1.
HSOL down 22. So much for Chinese solar. KIOR down 19. URRE down 18. LTBR, FTEK down 17. A lot of new lows. APWR down 16. AMSC down 16. AMSC, remember, announced $100M in new contracts. CBAK down 16. Well, that's China. JASO down 15. It's just madness now. The market's mad. QTWW, ALTI down 14. PANL, ECTY, CSIQ, CSUN down 13. WEST, ECOS, BCON, AONE down 12. SPWRA, EMKR, BWEN down 11. NGLPF, ACPW, COMV, RSOL down 10. CREE, CLNE, ZOLT down 9. FSLR, ENOC, PWER down 8. ASYS down 6. GTAT down 5.
So the holding pattern broke to the downside. My guess is we go to 10k Dow. Or there will be a big comeback tomorrow.
Whom to buy? I guess NPWZ. Seriously, earnings will start coming out soon and then stocks will pop up. Like FSLR? JASO? CREE? GTAT? Just to name a few. Otherwise, this is setting up some cheap prices to get into the good stocks. Gotta love irrational sell-offs.
Happy trails, pards.
Market down 258/79/32. S&P August bottom did not hold. Volume went crazy. Oil down under $77. Obama submitted 3 trade agreements.
NPWZ up 112. Mentioned them this morn. HEV up 35 more. UBRG up 1.
HSOL down 22. So much for Chinese solar. KIOR down 19. URRE down 18. LTBR, FTEK down 17. A lot of new lows. APWR down 16. AMSC down 16. AMSC, remember, announced $100M in new contracts. CBAK down 16. Well, that's China. JASO down 15. It's just madness now. The market's mad. QTWW, ALTI down 14. PANL, ECTY, CSIQ, CSUN down 13. WEST, ECOS, BCON, AONE down 12. SPWRA, EMKR, BWEN down 11. NGLPF, ACPW, COMV, RSOL down 10. CREE, CLNE, ZOLT down 9. FSLR, ENOC, PWER down 8. ASYS down 6. GTAT down 5.
So the holding pattern broke to the downside. My guess is we go to 10k Dow. Or there will be a big comeback tomorrow.
Whom to buy? I guess NPWZ. Seriously, earnings will start coming out soon and then stocks will pop up. Like FSLR? JASO? CREE? GTAT? Just to name a few. Otherwise, this is setting up some cheap prices to get into the good stocks. Gotta love irrational sell-offs.
Happy trails, pards.
STUFF
LG Group (Korea) to invest >$6.7B in solar, EV batts, LEDs and water treatment by '15. Panasonic, Hitachi also with new green plans.
Needham said downgrade HSOL. Shares now at lifetime low. SPWRA lowering financial guidance for '11. NGLPF facing financial trouble after encountering problems at their only operating plant. Shades of Solyndra.
Republicans yelling over last-minute DOE guarantees. EIA objects to 19 KY mining permits. Coal ash from '08 TN spill halfway cleaned. Huge ozone hole has appeared over Arctic for first time. Tuvalu Islands in Pacific out of aquifer water. Last coal-burning steamship in Great Lakes seeking Clean Water Act exemption. May be the same exemption Delta Queen wanted to continue plying Mississippi-Ohio Rivers.
TX drought could last until '20: TX climatologist. $5.2B damage to ag so far this year. Fed's outlook brighter: ends in December.
Chevron testing solar. Using Bright Source Energy solar-mirrors to boiler to pump steam into oil reservoirs in Calif. Could beat out using NG to get the steam.
Does rise of CO2 in atmos cause "fertilization effect" in flora, fauna and ag? Conventional science saying it makes forests more vulnerable to insects (which we are seeing), fires (seeing), and other problems (to be seen). I ask what effects are there on humans? And then, fertilization effect is short-lived w/out additional nutrient inputs, i.e. N. And the N needs microbes in soil.
Iraq to reach 3mb/d production by yearend from current 2.9.
Gazprom trying to get private Turk NG suppliers and cut off state pipeline operators.
"I just want my life back" Hayward's move into Kurdish Iraq is leading speculation over entry of other oil majors.
Russian oil production increased 1.23% so far this year, exports down 2.13%.
Shell's Singapore 500kb/d refinery fire impacting Asian gasoline market.
ENI undertaking repairs on its Obama-Brass pipeline in Nigeria after damage from sabotage. Exxon ship offshore Nigeria attacked, hostage taken.
Phillipine govt likely to convert Bataan nuke plant to coal.
Possible rare earth metals/minerals mega deposit on AK's Prince of Wales Island.
Silicon in solar ~6 grams/w.
FSLR trying its hand at 1-axis tracking after acquiring Ray Trackers.
Turks sent seismic ship to do their own NG exploring off Cyprus and got buzzed by Israeli fighters.
OPEC production might have increased 75kb/d in Sept to 30.05mb/d (highest since Nov '08).
Ecuador on track to launch largest smart grid in Latin America w/ GE.
Trace amounts of Plutonium found 28 miles from Fukushima.
Enviro/Native groups filed lawsuit challenging Shell's offshore drilling in Beaufort Sea.
Exxon to build 2 new tankers in Philly yard to carry North Slope oil to US west coast anticipating the pipeline shutdown.
"Wrangler" pipeline proposed to take Cushing OK oil to TX refineries.
N. Sea NG production down 25% in Q2.
Switzerland move toward shutdown of their 5 nuke reactors by '34. Well, that's a way away.
Iran's crude production fell in Aug. for 2nd consecutive month.
Ukraine's state-run energy firm and Exxon signed on to developing shale gas deposits. Europe's 4th-largest reserves (42TCF) behind Poland, France, Norway.
Chevron expects to start work on Venezuela project by yearend. Helmerich & Payne lawsuit over '10 takeover of 11 drilling rigs there.
Chevron also to go ahead with $29B LNG project in W. Australia.
Brazil has quadrupled gasoline imports because of ethonal shortages.
Needham said downgrade HSOL. Shares now at lifetime low. SPWRA lowering financial guidance for '11. NGLPF facing financial trouble after encountering problems at their only operating plant. Shades of Solyndra.
Republicans yelling over last-minute DOE guarantees. EIA objects to 19 KY mining permits. Coal ash from '08 TN spill halfway cleaned. Huge ozone hole has appeared over Arctic for first time. Tuvalu Islands in Pacific out of aquifer water. Last coal-burning steamship in Great Lakes seeking Clean Water Act exemption. May be the same exemption Delta Queen wanted to continue plying Mississippi-Ohio Rivers.
TX drought could last until '20: TX climatologist. $5.2B damage to ag so far this year. Fed's outlook brighter: ends in December.
Chevron testing solar. Using Bright Source Energy solar-mirrors to boiler to pump steam into oil reservoirs in Calif. Could beat out using NG to get the steam.
Does rise of CO2 in atmos cause "fertilization effect" in flora, fauna and ag? Conventional science saying it makes forests more vulnerable to insects (which we are seeing), fires (seeing), and other problems (to be seen). I ask what effects are there on humans? And then, fertilization effect is short-lived w/out additional nutrient inputs, i.e. N. And the N needs microbes in soil.
Iraq to reach 3mb/d production by yearend from current 2.9.
Gazprom trying to get private Turk NG suppliers and cut off state pipeline operators.
"I just want my life back" Hayward's move into Kurdish Iraq is leading speculation over entry of other oil majors.
Russian oil production increased 1.23% so far this year, exports down 2.13%.
Shell's Singapore 500kb/d refinery fire impacting Asian gasoline market.
ENI undertaking repairs on its Obama-Brass pipeline in Nigeria after damage from sabotage. Exxon ship offshore Nigeria attacked, hostage taken.
Phillipine govt likely to convert Bataan nuke plant to coal.
Possible rare earth metals/minerals mega deposit on AK's Prince of Wales Island.
Silicon in solar ~6 grams/w.
FSLR trying its hand at 1-axis tracking after acquiring Ray Trackers.
Turks sent seismic ship to do their own NG exploring off Cyprus and got buzzed by Israeli fighters.
OPEC production might have increased 75kb/d in Sept to 30.05mb/d (highest since Nov '08).
Ecuador on track to launch largest smart grid in Latin America w/ GE.
Trace amounts of Plutonium found 28 miles from Fukushima.
Enviro/Native groups filed lawsuit challenging Shell's offshore drilling in Beaufort Sea.
Exxon to build 2 new tankers in Philly yard to carry North Slope oil to US west coast anticipating the pipeline shutdown.
"Wrangler" pipeline proposed to take Cushing OK oil to TX refineries.
N. Sea NG production down 25% in Q2.
Switzerland move toward shutdown of their 5 nuke reactors by '34. Well, that's a way away.
Iran's crude production fell in Aug. for 2nd consecutive month.
Ukraine's state-run energy firm and Exxon signed on to developing shale gas deposits. Europe's 4th-largest reserves (42TCF) behind Poland, France, Norway.
Chevron expects to start work on Venezuela project by yearend. Helmerich & Payne lawsuit over '10 takeover of 11 drilling rigs there.
Chevron also to go ahead with $29B LNG project in W. Australia.
Brazil has quadrupled gasoline imports because of ethonal shortages.
2:45P
Will Rogers playing lead in Mark Twain's "A Connecticut Yankee in King Arthur's Court" on TV. I know. And the S&P bottom has not held at least to this hour. Market down 233/72/28. I guess there's no trust, belief or confidence. For now. Hay. It's the market.
OPEN
(stock #'s in %)
Market down 65/15/7. Second test already of Aug-Sept S&P lows. Volume last reported weak, but I think now a little heavy. Oil down under $78.
Market was down before factory activity reported for Sept. Index up 51.6 v. Aug's 50.6. 26th straight month of expansion. Factory employment 53.8 v. 51.8, production 51.2 v. 48.6. Market went green, now back down.
NPWZ up 34. Announced Boeing exploring their FC tech to deploy to replace mech, hydraulic systems with electric. HEV up another 31 after Friday's 50. CCTC up 11. FCEL up 5 on getting a $3M award. UBRG up 5.
CLNO down 18. AMEL down 14. CBAK down 12. ZAAP down 10. BWEN down 9. ALTI down 8. RBCN, HSOL down 7, new lows. AMSC, XSNX down 6, new lows. JASO down 5, new low. AONE down 5. ZOLT, PWER, COMV, CREE, FSLR down 4, new lows.
Will the bottom hold?
Market down 65/15/7. Second test already of Aug-Sept S&P lows. Volume last reported weak, but I think now a little heavy. Oil down under $78.
Market was down before factory activity reported for Sept. Index up 51.6 v. Aug's 50.6. 26th straight month of expansion. Factory employment 53.8 v. 51.8, production 51.2 v. 48.6. Market went green, now back down.
NPWZ up 34. Announced Boeing exploring their FC tech to deploy to replace mech, hydraulic systems with electric. HEV up another 31 after Friday's 50. CCTC up 11. FCEL up 5 on getting a $3M award. UBRG up 5.
CLNO down 18. AMEL down 14. CBAK down 12. ZAAP down 10. BWEN down 9. ALTI down 8. RBCN, HSOL down 7, new lows. AMSC, XSNX down 6, new lows. JASO down 5, new low. AONE down 5. ZOLT, PWER, COMV, CREE, FSLR down 4, new lows.
Will the bottom hold?
PRE-OPEN
The S&P is only 6-10 points from another August/Sept bottom test (1,120-1,125). With the recent news from Greece of missing their deficit targets and today's sell-off in Asia and Europe, today is shaping up to be a test of whether we go lower from this 2-month trading range or not. If you look at the all-time chart, it looks like, yea, we go lower here for maybe until spring. Posssibly another test of 10k Dow and 1k S&P, maybe a trading range between what, 9k Dow to 11 (?) until growth really resumes, which some economists are suggesting is usually about 5 years out from major financial crises like the one we experienced in '07-08. Oil is down another buck already today.
Anyway, pards, it should be an interesting day. Buckle up.
P.S. I was going to do that analysis yesterday of the the clean E stocks with lowest price-to-sales (P/S), P/Book and P/Earnings but couldn't get to Yahoo portfolios pages the whole day. I'm reporting most of the best stocks with those lowest numbers in the daily reports anyway, though. My guess is most investors are still avoiding clean E with the loan guarantee investigations still in political play. Solar takes the brunt of that. But, like I said Friday, if this isn't bottoming of clean E stocks in general, we're in for a heap of hurt. Otherwise, there will still be daily froth, quick breaks off the bottoms and individual stocks that go up despite the market. And, again, I don't sell short.
Anyway, pards, it should be an interesting day. Buckle up.
P.S. I was going to do that analysis yesterday of the the clean E stocks with lowest price-to-sales (P/S), P/Book and P/Earnings but couldn't get to Yahoo portfolios pages the whole day. I'm reporting most of the best stocks with those lowest numbers in the daily reports anyway, though. My guess is most investors are still avoiding clean E with the loan guarantee investigations still in political play. Solar takes the brunt of that. But, like I said Friday, if this isn't bottoming of clean E stocks in general, we're in for a heap of hurt. Otherwise, there will still be daily froth, quick breaks off the bottoms and individual stocks that go up despite the market. And, again, I don't sell short.
Saturday, October 1, 2011
STUFF
In '80's, for every $2.20 borrowed, US produced $1 of additional goods/services. In '90's, it was $2.70. In '00's, $4.20.
Swiss National Bank doubled its monetary base last month.
5772 in Jewish calendar. The year they came out of Egypt?
Title 31 of US code requires annual audit of Ft. Knox gold. But Treasury has refused audit for >50 years. That's JFK years. So says a website and free book.
ARPA-E announced $156M of research projects to accelerate clean tech, rare earth alternatives, biofuel breakthroughs, thermal storage, grid controls and solar power electronics. 11 projects secured >$200M more in private capital. Half led by universities, 23% by small biz, 13% by national labs, 12% by large corps. Prior to this, ARPA-E has awarded $365.7M to 120 projects in 7 program areas. Now its 80 projects, 12 program areas and $521.7M. Plants engineered to replace oil got $36M. Rare earth alternatives in critical techs got $31.6M. High-energy advanced thermal storage got $37.3M. Green electricity network integration got $36.4M. Solar agile delivery of electrical power tech got $14.7M. Ah, always the one left behind.
Mexico City inaugurated electric-taxi program.
And that, pards, is the come and go as seen so far.
Swiss National Bank doubled its monetary base last month.
5772 in Jewish calendar. The year they came out of Egypt?
Title 31 of US code requires annual audit of Ft. Knox gold. But Treasury has refused audit for >50 years. That's JFK years. So says a website and free book.
ARPA-E announced $156M of research projects to accelerate clean tech, rare earth alternatives, biofuel breakthroughs, thermal storage, grid controls and solar power electronics. 11 projects secured >$200M more in private capital. Half led by universities, 23% by small biz, 13% by national labs, 12% by large corps. Prior to this, ARPA-E has awarded $365.7M to 120 projects in 7 program areas. Now its 80 projects, 12 program areas and $521.7M. Plants engineered to replace oil got $36M. Rare earth alternatives in critical techs got $31.6M. High-energy advanced thermal storage got $37.3M. Green electricity network integration got $36.4M. Solar agile delivery of electrical power tech got $14.7M. Ah, always the one left behind.
Mexico City inaugurated electric-taxi program.
And that, pards, is the come and go as seen so far.
MORE STUFF
NY Power Authority pulled the plug on proposed Great Lakes offshore wind farm because "it would require subsidy of $60-100M/yr". Offshore is more expensive.
57% of voters prefer free-market to govt subsidies for clean E. 27% think subsidies are better. I wonder if that goes for fossil and nuke subsidies as well. 71% said private sector better than govt for determining long-term benefits/potential of new tech. Which is it? 57% or 71%?! I wonder who did this poll of 1k folks. I can go with no subsidies. For anything.
Altaeros Energy Group to test helium-filled "flying" wind turbines in Maine. 500 feet up. Company led by MIT alumni.
Pattern Energy Group and Samsung completed agreement with Siemens to supply turbines for 4 wind power projects in Ontario totaling 870MW.
Fed judge in Idaho ruled DOI failed to analyze cumulative impact of oil/gas development on sage grouse in SW Wyoming, and failed to include enough data on alternatives for grazing in an Idaho national monument. I don't know what companies - if any - this impacts or if it's right or wrong. But it just keeps us aware of energy and environment, doesn't it?
DOE doled out $4.75B in loan guarantees Friday. And that's the end of that program. FSLR got $646M for 230MW project and $1.46B for 550MW project, both in Calif. FSLR sold them both. ProLogics got $1.4B to put solar on ~750 of its warehouses. SPWRA (Total majority owner) got $1.24B for 250MW CA project and sold that. If you noticed, FSLR got about $3/w and SPWRA got ~$5. Who knows what's really going on, right?
Happy trails, pards.
57% of voters prefer free-market to govt subsidies for clean E. 27% think subsidies are better. I wonder if that goes for fossil and nuke subsidies as well. 71% said private sector better than govt for determining long-term benefits/potential of new tech. Which is it? 57% or 71%?! I wonder who did this poll of 1k folks. I can go with no subsidies. For anything.
Altaeros Energy Group to test helium-filled "flying" wind turbines in Maine. 500 feet up. Company led by MIT alumni.
Pattern Energy Group and Samsung completed agreement with Siemens to supply turbines for 4 wind power projects in Ontario totaling 870MW.
Fed judge in Idaho ruled DOI failed to analyze cumulative impact of oil/gas development on sage grouse in SW Wyoming, and failed to include enough data on alternatives for grazing in an Idaho national monument. I don't know what companies - if any - this impacts or if it's right or wrong. But it just keeps us aware of energy and environment, doesn't it?
DOE doled out $4.75B in loan guarantees Friday. And that's the end of that program. FSLR got $646M for 230MW project and $1.46B for 550MW project, both in Calif. FSLR sold them both. ProLogics got $1.4B to put solar on ~750 of its warehouses. SPWRA (Total majority owner) got $1.24B for 250MW CA project and sold that. If you noticed, FSLR got about $3/w and SPWRA got ~$5. Who knows what's really going on, right?
Happy trails, pards.
FRIDAY CLOSE
(stock #'s in %)
Market down 240/65/28. Volume very heavy. Oil down to near $79.
HEV up 52. That was a bounce back. AEBF up 25. Back over all their lines. NPWZ up 16. NEXS up 15. CREG up 14. CCTC up 11. BWEN, QTMM, QTWW up 7. CSUN up 5, for some reason the only solar that can go up. UBRG up 4. Getting traction.
CSKH down 21, back to bottom. ENOC down 17. Brought back to near bottom. Classic double bottom? DSTI down 15, new low. Are they going to get their CIGS to market? VNDB down 14. CPWY, GRHU down 13. URRE down 12, new low. AMSC down 11. Back to the bottom. VECO down 10, new low. NTCXF down 10. POWR, NGLPF down 9. HSOL, SYNM, SYZM down 8. WEST, ITRI down 8, new lows. PWER, SPWRA down 7, new lows. AONE down 7, coming back to bottom. CSIQ down 6, new low. GEVO, CREE, JASO down 5, new lows. ECTY. ZOLT down 4, back on the bottom. ELON down 3, new low. ASYS down 2, hit new low. FSLR down 2, near bottom. GTAT down 2.
If we're not close to or at the bottom for clean energy, then I'm nuts.
Onward and upward, pards. Your choice.
Market down 240/65/28. Volume very heavy. Oil down to near $79.
HEV up 52. That was a bounce back. AEBF up 25. Back over all their lines. NPWZ up 16. NEXS up 15. CREG up 14. CCTC up 11. BWEN, QTMM, QTWW up 7. CSUN up 5, for some reason the only solar that can go up. UBRG up 4. Getting traction.
CSKH down 21, back to bottom. ENOC down 17. Brought back to near bottom. Classic double bottom? DSTI down 15, new low. Are they going to get their CIGS to market? VNDB down 14. CPWY, GRHU down 13. URRE down 12, new low. AMSC down 11. Back to the bottom. VECO down 10, new low. NTCXF down 10. POWR, NGLPF down 9. HSOL, SYNM, SYZM down 8. WEST, ITRI down 8, new lows. PWER, SPWRA down 7, new lows. AONE down 7, coming back to bottom. CSIQ down 6, new low. GEVO, CREE, JASO down 5, new lows. ECTY. ZOLT down 4, back on the bottom. ELON down 3, new low. ASYS down 2, hit new low. FSLR down 2, near bottom. GTAT down 2.
If we're not close to or at the bottom for clean energy, then I'm nuts.
Onward and upward, pards. Your choice.
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