Posts filed under “Energy”
On Monday, I discussed why Tesla’s latest announcement was big. The electric carmaker said it planned a modification that would give its autos the ability to accelerate faster than cars that cost two to three times more and keep up with those that cost 10 to 20 times more. That’s an astonishing accomplishment. I made the…Read More
Source: Bloomberg Tesla has rocked the world of high-performance automobiles with the introduction of its new “Ludicrous mode.” The internal-combustion engine business may never be the same. Regular readers of mine usually know at least two things about me: First, I believe that all predictions are silly, more about marketing than actually trying to figure out what…Read More
While the world is distracted by the unending Greek saga (will it or won’t it leave the euro?) and the epic Chinese stock-market meltdown(and manipulation), something really important is going on. Three words sum it up: Iran and oil. Negotiators have reached a deal with Iran to constrain its nuclear arms program. Despite the pessimism and outright fear-mongering, an agreement has been reached. Don’t…Read More
Mine Kuban Yücel, senior VP and director of research at the Federal Reserve Bank of Dallas, presented her research into the dynamics of oil prices in the U.S. economy.
Certain states are more affected by falling oil prices than others. Specifically, there are eight states that experience a decline in employment when oil prices fall by 50 percent
Is Cheaper Oil Good News or Bad News for U.S. Economy? Jan Groen and Patrick Russo Oil prices have declined substantially since the summer of 2014. If these price declines reflect demand shocks, then this would suggest a slowdown in global economic activity. Alternatively, if the declines are driven by supply shocks, then the drop…Read More
Non-ethanol Fuel David R. Kotok Cumberland Advisors, April 22, 2015 I stopped at a local Sarasota Sunoco gas station yesterday to fill up my car. A sign read “Non-ethanol fuel for sale here.” The pump was off to one side and did not have an automated payment mechanism. But it was there,…Read More