Post Office trails only Defense in US govt energy use - 42.2T BTU in '10. DOD used 900T. USPS goal to reduce facility E use 30%, vehicle petrol use 20% by '15. They've already reduced facilities E use almost 30% since '03. But using 35% more petrol than in '05 (1M new addresses). If they're not the prime customer for EV's, who is?
Since '07, S&P 500 comps' debt to revenue has gone from 111% to 49%.
Chinese diesel imports since July running 122% over same period last year.
Turkey, Azerbaijan signed agreement to start flow of Caspian NG to Europe. And Ukraine and Russia made progress toward NG price agreement, furthering EU NG supply assurance for winter.
Basque area of Spain has "world class" shale gas reserves. Maybe that helped make the peace there recently.
Gulf Keystone ready to start shipping oil from N. Iraq in 1H12. And may need another pipeline. The region's oil production expected to more than double next year.
Yemen oil pipeline remains shut down from repeated attacks.
Indian, Chinese LNG use is 45% of world consumption. Japan rising fast.
LDK Solar plans to triple polysilicon capacity by '14 as material prices fall to levels not seen in 8 years - before the solar industry took off. "Counter intuitive".
USDA announced $44.6M to 156 producers/developers of advanced biofuels. 44 million. Not billion.
Tuesday, November 1, 2011
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