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The energy sector is rising again, with oil services companies leading the way. A number of exploration ventures are helping Big Oil on the stock market. Additionally, oil future are on the way up again. One of the oil services companies that saw some good results on the market Thursday was Hess (HES), due to…
New technology claims to offer the ability for automobiles to get 150 miles per gallon.
Two men spoke at the exact same time Wednesday morning. Both are well aware that their words have the ability to move the markets. One continued to reiterate that a rosy economic scenario lies ahead and defended his actions. The other acknowledged that his company’s once most profitable product line needs to be put out…
Could 20% of our electricity come from wind power by 2030?
Photo: pink_fish13, Creative Commons, Flickr American Public Media has come up with an equally fun and guilt inducing game called Consumer Consequences. It’s part of their "Consumed" series, which explores whether the modern American lifestyle is sustainable in the long run:
I’m going to come out again in favor of nuclear energy, if only because we’re so far behind the curve in getting alternative energy up to speed to replace coal and oil that it’s going to take us decades to catch up.
This morning at my local West Village organic coffee shop after my run but before my a shower, I had raging discussion about inflation and GDP data with one of my coffee shop friends. Suffice it to say there was a bet about BLS data and I won a free cup of mud. But in…
Day two was a little more mellow than day one. Many of the attendees had already met and connected, and the Cisco Systems’ Vineyard Conference Center started to feel a little like a college campus.
Here in the upper Midwest temperatures have remained low, and nighttime temperatures are still falling into the frost range, a weather pattern that seems ominously persistent as spring approaches with slowly greening trees, and the absence of sunshine and fallow cornfields.
Right now, there’s an Exxon Mobil (XOM) shareholder meeting going on in Texas. If you have proxy votes to cast due to XOM stock, you should be doing so today. And there are some serious fights going on right now.
Photo: ReefRaff, Creative Commons, Flickr< I attended the NetSquared Year 3 Conference on May 27-28, 2008 in San Jose, CA, right after Memorial Day weekend. I had spent the weekend in Berkeley, CA at my friend Sammy’s wedding so I was a little shaky for the meet and greet on Monday night, but Jean Russell…
"In the U.S., the Euro Area and the U.K., the track record of inflation during the past few years has deteriorated to the point that a material loss of credibility may well be imminent for all three central banks involved – the Fed, the ECB and the Bank of England," wrote Willem Buiter in a…
The N2Y3 2008 Mashup Challenge featured 21 teams competing for funding for initiatives ranging from saving endangered languages to ending genocide. On the first day of the conference each team was permitted two minutes to describe their projects, many of which focused on themes like government transparency and corporate accountability, and all of which rely…
Photo:kables, Creative Commons, Flickr A Canadian teen, working in his spare time, has discovered bacteria that will biodegrade plastic.
For the most part, Big Oil is hesitant to embrace alternative energy, preferring instead to push for more drilling. For some, however, it appears that the industry is seeing the writing on the wall. Even Big Oil execs know that the days of fossil fuels may be numbered. As a result, Exxon (XOM) is heading…
Last week, a rumor that the highly regarded, Paris-based International Energy Agency (IEA) was planning to lower its long-term forecast for worldwide oil supplies spiked oil prices over $135 per barrel, an historic high.
Photo:mandj98, Creative Commons, Flickr Could Yellowstone and the Grand Canyon see oil wells?
It’s an appalling story and indicative of the level to which America’s internal security forces have sunk.
Okay so I wrote about my actions at the 2008 Chevron shareholder meeting. Now for a little levity about gas prices on the first weekend of the summer driving season. Disclosure: My car is sitting in a garage in Massachusetts. I haven’t used it in more than a month. Thanks to Miranda Marquit’s blog at…
As 2008 rolls on, we are continuing to see crude oil’s meteoric rise as well as the direct and indirect harm that this trend is causing. Not only are certain industries with end-products or services dependent on crude oil (transportation, plastics, etc.) feeling their margins squeezed, but there is also an increasing fear that broader…
Shareholders aren’t voting on proxy issues dealing with executive pay. With the proxy voting season more than half done (there are only a few companies left with shareholder votes), a somewhat disturbing trend is developing with regard to "say on pay." Through proxy voting, shareholders can make their will known.
Photo:rooreynolds-, Creative Commons, Flickr I own Chevron (CVX – $100.81) and have made a pretty penny holding the shares. Owning oil companies has helped make up for my losses in financial shares this year. The other nice part about holding Chevron shares is that I can do things like appoint Amazon Watch as my proxy…
Tomatoes as big as basketballs? One-hundred-pound pumpkins?
Photo:colros, Creative Commons, Flickr “Based on this emerging information, it is no longer acceptable for controllers and pilots to be taking the drug.” – FAA spokesman Les Dorr
A recent study conducted by Emory University at the Yerkes National Primate Research Center in Atlanta shows that monkeys with lower social status use comfort foods like chocolate, ice cream and chips to ease the sting of their subservience.