Energy & Commodities

Oil Looks Set For A Rapid Bounce

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WTI has recently experienced one of its biggest one-month declines in several years, having lost around eighteen percent since hitting a multi-year high of $76.90 last month. There has been a perfect storm for sellers, with factors on both the supply and demand side of the pricing equation putting downward pressure on crude. However, there are indications that things are about to turn and while that high is probably out of reach for now, the bounce back should be sharp and could be very profitable…. CLICK for complete article

Oil Production On Federal Lands To Hit New Record

usoil

Crude oil production from onshore federal lands reached a record high over the first seven months of this year, New York Times’ Eric Lipton said in a tweet responding to a claim that oil production in Wyoming had peaked three years ago.

Lipton quoted data from the Department of the Interior, which has not been made public yet, as part of an investigation he and climate reporter Hiroko Tabuchi recently published about a second shale oil boom…. CLICK for complete article

America Has A Milk Problem

moo

Not only does America have milk—it’s got a surplus of over 8 million metric tons, forcing dairy farms to shutter and farmers to simply start dumping millions of gallons of milk that far exceeds domestic and foreign demand…. CLICK for complete article

Stock Market Chaos Sparks Oil Selloff

badday

The plunge in global equities on Wednesday and Thursday dragged down crude oil, with even concerns about falling Iranian supply not enough to keep crude from a steep selloff.

Brent fell more than 1.2 percent on Wednesday and was down another 1.5 percent in early trading on Thursday, falling back to the low-$80s per barrel, down from over $86 last week.

The same supply concerns are still there – Iran’s oil exports are dwindling, and it is unclear if OPEC can fill the gap. But the sudden cracks in the global economy took on a higher priority…. CLICK for complete article

Stock Market Chaos Sparks Oil Selloff

badday

The plunge in global equities on Wednesday and Thursday dragged down crude oil, with even concerns about falling Iranian supply not enough to keep crude from a steep selloff.

Brent fell more than 1.2 percent on Wednesday and was down another 1.5 percent in early trading on Thursday, falling back to the low-$80s per barrel, down from over $86 last week.

The same supply concerns are still there – Iran’s oil exports are dwindling, and it is unclear if OPEC can fill the gap. But the sudden cracks in the global economy took on a higher priority…. CLICK for complete article

VW Planning for Solid State Batteries by 2025

VW Guy

Solid-state batteries sometimes sound a bit like the missing link that would punt electric vehicles soundly into mainstream acceptance.

The list of potential virtues for solid-state tech, which would replace the polymer/gel electrolyte commonly used in lithium-ion cells with a solid one, is impressive: a longer driving range; smaller packaging; reduced chances of fire; easier cooling and …Click for complete article