Submitted by EnergyTechStocks.com
Merrill Lynch’s North American economist, David A. Rosenberg, issued a warning Monday that a “brutal winter (is) coming for utility bills.”
Rosenberg wrote in his Morning Market Memo, “Last winter, the average price of natural gas on the NYMEX was $7.71 per btu – it is now $13, a 67% jump. And about half […]

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Submitted by EnergyTechStocks.com
As if the oil price shock that has thrown the world into turmoil isn’t bad enough, there’s reason to believe at least four more commodity price shocks may be headed straight for investors’ portfolios.
Next up: phosphate, a critical component in fertilizer, which based on an analysis that appeared last week on the web […]

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Submitted by EnergyTechStocks.com
When private equity giant Blackstone reportedly invests $1.57 billion in a giant European offshore wind power project, you can be sure that wind power’s financial backing is par excellence. www.reuters.com.
Until tomorrow.

Rating 3.00 out of 5

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Submitted by New Energy News Blog
The state of Texas leads the U.S. in wind capacity. Its tremendous wind resources certainly make developing wind energy easier but many states have comparable resources.
Texas took national dominance when some Texas leaders saw opportunity and seized it. The development of Competitive Renewable Energy Zones (CREZs) is an example. Within […]

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Submitted by New Energy News Blog
An indication of how serious General Motors Corporation (GM) is about making its current run at plug-in vehicle technology successful is a new alliance it has formed with the Electric Power Research Institute (EPRI).Felix Kramer, founder, nonprofit EV & PHEV advocacy group CalCars: “GM was unsuccessful in the commercialization of […]

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Submitted by New Energy News Blog
An Algerian oil industry official was asked why he thought oil prices have skyrocketed in the last year. His answer: “The reasons for the oil prices are a mystery…”Asked the same question, Abdullah bin Hamad al-Attiyah, Energy Minister of Qatar, spoke of “…strange market fluctuations…”
One thing went curiously unmentioned: Oil […]

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Submitted by EnergyTechStocks.com
Investors should ignore last week’s skeptical (and in some instances, mocking) news coverage of former U.S. Vice President Al Gore’s challenge to America to produce all of its electricity from renewable sources within 10 years.
Whether or not Gore’s goal is practical, because it’s Al Gore, the speech is certain to draw increased attention […]

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Submitted by EnergyTechStocks.com
As if the oil price shock that has thrown the world into turmoil isn’t bad enough, there’s reason to believe at least four more commodity price shocks may be headed straight for investors’ portfolios.
Next up: water, which while it isn’t a traded commodity, is facing cost issues that are expected to send rates […]

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Submitted by EnergyTechStocks.com
Breaking up Americans’ love affair with the open road is hard to do. Even though U.S. gasoline prices have more than doubled in four years, many are “still out for some fun,” according to this West Virginia newspaper story. www.herald-mail.com
Same story notes that power boaters are still hitting the water, too.
Makes you wonder […]

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