At the meeting in Vienna, Austria earlier this month much to the chagrin of a number of the membership in OPEC (Organization of Petroleum Exporting Countries). it was decided that limits on output for oil would be abandoned at this point. For awhile it looked like the old limit of 30 million barrels a day would simply be increased by 1.5 million, in order to ratify what was actually already reality. Total exports of crude from member nations was closer to 31.5 […]
Energy
Time For Investors To Take Another Look At Coal
Most investors in energy have no idea that coal continues to be the cheapest fuel for generating electricity and heat in most parts of the world. Despite the efforts of environmentalists and some national leaders to move to alternative and renewable fuels the worldwide demand for coal proceeds to grow. Coal will remain the essential fuel to those nations and groups of people that are experiencing energy poverty. Another important thing to remember about coal is that it is the cheapest and […]