Energy Update
Regulation. Regulation. Regulation. Once again it is being blamed for the LBMA Silver Price settling around 6% below the spot price Jan 28. A matter of some contention across the market.
Metallurgical coal market traders and miners who met in Miami this week see Asia’s promise perking optimism after a run of price declines and bankruptcies.
(Fri, 29 Jan 2016) The severe winter storm that began Friday, January 22, and continued through Saturday, January 23, affected energy infrastructure throughout much of the eastern United States. Heavy snowfall, high winds, and ice knocked out power to more than one million customers in states from Arkansas to Massachusetts. According to the U.S.
NEW YORK, Jan 28 (Reuters) - Oil market analysts on Thursday largely dismissed the possibility of coordinated production cuts by OPEC and Russia, saying the market's early positive reaction was based on false hope.
The California Public Utilities Commission in a Jan. 28 open meeting voted 3-2 to approve a net metering success program for rooftop solar in the state.
During the meeting, Commissioner Michael Picker, president of the CPUC, said the successor program maintains a full retail net energy metering structure that allows all customers to receive full credit for renewable energy that they export to the grid, but also establishes mandatory time of use rates for those customers.
NEW YORK, Jan 28 (Reuters) - The two-year slide in energy company shares has produced wildly inflated dividend yields - a sign of more pain to come for investors who already have suffered the effects of a historic slide in crude prices.
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