May 31, 2023 Data source: U.S. Energy Information Administration, Monthly Electric Power Industry Report and Annual Electric Power Industry Report Note: Real prices are adjusted for inflation. In nominal terms, the average monthly electricity bill […]
As macroeconomic headwinds mount, merger and acquisition trends are pressured downward. The Federal Reserve’s ongoing policy of interest rate hikes to combat the highest inflation seen in decades has created less-than-optimal conditions for dealmaking. Consequently, […]
Authored by Mike Shedlock via MishTalk.com, A reader wanted to know if central bank buying gold at a record pace adds to inflation. Let’s crunch the numbers then look at the true meaning of the […]
Stock market history shows that the best stocks to buy and watch often hail from the top-ranked industry groups. As last year’s bear market ravaged the tech sector, bellwether names like Microsoft (MSFT), Adobe[ticker symb=ADBE], […]
Dominion Energy on Wednesday will deactivate its two remaining coal units at its Chesterfield Power Station. The units, which have been in operation for more than 50 years, sit on the banks of the James […]
Authored by Michael Maharrey via SchiffGold.com, The Indian central bank has announced another round of demonetization with a plan to withdraw 2,000-rupee notes from circulation. The announcement led to a big jump in gold […]
Just after midnight on April 30, residents near the Salton Sea in Southern California were jolted awake by a magnitude 4.3 earthquake. Dozens of people told the U.S. Geological Survey that they felt the shaking, […]
Dealing a blow to Gov. Gavin Newsom, Democratic legislators today shot down his ambitious attempt to reform state environmental law and make it easier to build big infrastructure projects in California. In a 3-0 vote, […]
New York, 24 May (Argus) — A sharp drop-off in tonne-mile demand for US Gulf coast medium range (MR) clean tankers so far this year has pressured freight rates for the segment to the lowest […]
Social media is where the industry experts and talented professionals are effectively challenging the “magical thinking” behind climate alarmism/forced energy transformation, given the blackout of the mainstream media. As yet another example, Mike Hassaballa, energy engineer […]
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