The heat wave causing the East Coast to swelter and crank up the air conditioning has eased a bit, and Chris has been downgraded from a tropical storm to a depression that no longer threatens Gulf of Mexico production. Those two factors have helped to reduce the price of natural gas at New York City…
Here is a story that has not yet been picked up outside of Texas that I find immensely interesting. George Chapman has formed a company named Amarillo Power that has notified the US Nuclear Regulatory Commission of its intention to build two GE designed nuclear power plants on an unidentified site near Amarillo, Texas. So…
The spot (immediate delivery) price of natural gas continues to increase rapidly because of the high demand for electricity during the summer heat wave. Since there is an end in sight with a “cold” front on the way, the “future” prices (those deals where traders are purchasing a product to be delivered sometime in the…
I came across an informative article in the Time South Pacific edition (on-line of course) titled Plugging in to Nuclear. The teaser summary of the article was enough to grab my attention As some greens learn to love atomic power, Australia weighs whether to use its abundant uranium at home. Not only is the entire…