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  • Natural gas futures up sharply as heat wave hits Midwest and East Coast

    In the past few days, spot prices for natural gas have increased by more than 20% as temperatures approaching 100 degrees affect high natural gas consumption areas like the upper midwest, Texas and the mid-Atlantic regions. As of the close of trading today, here are the prices at some key locations: NYMEX Henry Hub Future…

  • Federation of Electric Power Companies of Japan Fukushima Status Report – March 19, 2011 12:30 PM EDT

    I am sharing this status report to provide wider distribution. The content is posted without edits other than minor formatting. Update to Information Sheet Regarding the Tohoku Earthquake The Federation of Electric Power Companies of Japan (FEPC) Washington DC OfficeAs of 12:30PM (EST), March 19, 2011 Radiation Levels At 10:30PM (JST) on March 19, radiation…

  • Forfas says nuclear may be required in Ireland

    RTE News out of Ireland published a story on 4 April 2006 titled Ireland may need nuclear power. Forfas, which is an agency that advises the Irish government on industry and trade matters, has recently produced a report warning that Ireland is particularly vulnerable to increasing oil prices. Its oil consumption is 50% above the…

  • Iran's nuclear activities should lower oil prices

    Oil prices continue to increase with depressing regularity, mainly due to fears that the available supply will not continue to match the growth in demand. It is truly a strange world when one of the main contributors to that fear seems to be the fact that a major oil exporting country is working diligently to…