This week the market greets another and long-anticipated energy-tech IPO with Bloom Energy seeking to raise $250 million at a market value of around $1.6 billion; numbers essentially identical to Tesla in 2010.
As this column goes to press, the world oil price is well north of $70 a barrel, a long way from the nadir of $30 a mere 30 months ago. So the oil forecaster’s parlor game is again in full swing. Will we see a return to the $150 barrel, the peak last experienced in…
The latest and literally really big news: This week at the Louisiana port called the LOOP, for the first time ever, a supertanker – the Saudi-owned VLCC Shaden — was loaded with American crude and departed. Destination: China.
What do Elon Musk and Steve Case have in common? Both – like another billionaire, now POTUS — have put fly-over country back in the news.
The Energy Information Administration (EIA) went out on a limb this past summer and forecastwhat is already happening: U.S. crude oil production is on track to reach historic highs.
Last week the Department of Energy released “Electricity Markets and Reliability,” a 154-page magnum opus on the state of America’s electricity system. It’s the perfect government report.