ENERGY

Authored by Mike Shedlock via MishTalk.com,

The answer is all of them, in due time. Here are the latest spectacular failures.

Birds Fry Every Two Minutes

It took 10 years, and hundreds-of-thousands of dead birds, before the Ivanpah Solar Electric Generating System in California would meet its fate.

The Wall Street Journal explains in ‘A Prolific Executioner of Wildlife’

Performance has proven so poor that PG&E has exercised its right to terminate the (more…)

After a strong run in the last week, oil prices are lower this morning following API's report last night indicated a large increase in US crude stockpiles adding to pressure as the market continued to watch for more trade salvos from President Trump.

Also contributing to the decline was US consumer price data that came in hotter than expected, causing a surge in the dollar surged that makes commodities priced in the currency less appealing.

Will the official data (more…)

By Tsvetana Paraskova of OilPrice.com

European Union officials are considering the potential introduction of a cap on natural gas prices as part of discussions on a clean industrial deal policy to boost Europe’s industry.

Europe is losing competitiveness due to the European gas prices which are up to four times higher than those in the United States.

A cap on prices is being discussed at the European Commission ahead of next month’s release of the so-called Clean (more…)