Finance
Housing Bubble & Bust #1 and #2 as Seen through Employment in Mortgage Lending
Employment at nonbank mortgage lenders collapsed by 37% this time around, to the lowest level since 1997.
Month: December 2024
Finance
Kosmos Energy confirms takeover talks with Tullow Oil
Tullow US oil and gas player Kosmos Energy has confirmed that it is in preliminary discussions to take over the UK-based independent exploration firm Tullow Oil. Both companies issued statements which confirmed the discussions after […]
Finance
The Most Splendid Housing Bubbles in Canada, Nov. 2024: Condo Prices Drop to New 3-Year Low, Single-Family Prices Stable at -17% from Peak in March 2022
By Metro: Toronto, Vancouver, Hamilton, Calgary, Ottawa, Montreal, Quebec City, Halifax, Victoria, Edmonton, Winnipeg. By Wolf Richter for WOLF STREET. Home sales in Canada rose by 2.8% seasonally adjusted in November from October, the fourth month in a […]
Climate Crisis
Germany Is An Economic Model For What Not To Do
Many Germans liked to see their country as a global leader in the fight against climate change. Despite Germany being responsible for only 1.5 percent of man-made CO2 emissions worldwide, advocates for climate action argued that Germany […]
Climate Crisis
In protest against LNG export permits, Climate Defiance blocks unused entrance to DOE garage
The group didn’t provide any information on why they were blocking an unused entrance to the agency’s garage. Radical anti-fossil fuel activist group Climate Defiance on Thursday protested at Energy Department’s Washington, D.C., headquarters, claiming […]
AI
Natural Gas—Not Nuclear—Is the Key to Powering North America’s Future
After decades on the outs with environmentalists and regulators, nuclear power is being heralded as a key component for a “net zero” future of clean, reliable energy. Its promise is likely to fall short, however, […]
Crude Oil News
What Does The Fall Of Assad’s Syria Mean To The Key Players In The Middle East?
ENB Pub Note: I am visiting with George McMillian on key pipeline issues and have several podcasts recorded on the geopolitical impacts of Syria and the Middle East on energy. This article from Simon Watkins […]
Climate Crisis
Reality Hits The Energy Transition
Reality Hits The Energy Transition Do you think the Energy Transition can happen with current technology? How about our current global leaders? Or do you think it is like the Thelma and Louise movie with […]
Crude Oil News
Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend
Well, it is year end 2024, time for all respectable pundits to earn their keep by making predictions or by bloviating on the latest topic somebody has latched onto. So, we approached our favorite pundit, […]
EIA News
What is the shoulder season in electricity markets?
Electricity consumption in the U.S. Lower 48 states is highly seasonal; the demand for electricity peaks in the summer and the winter in response to more extreme temperatures and decreases in the spring and fall, […]