The numbers: The cost of goods and services rose a sharp 0.4% in August — the biggest increase in seven months — mostly because of higher gas prices. But inflation more broadly continued to... Read more
Economic Report: Consumer spending rises again, but it’s not all great. Higher gas prices play role.
The numbers: Consumer spending rose a solid 0.4% in August, but the increase was exaggerated by higher gas prices that are pinching the budgets of U.S. households. Analysts polled by the Wal... Read more
The rig operator was stumped. He’d been making good progress, but now something blocked the way forward. The operator, Denny Mong, stared at an unassuming metal tube in the ground — the foss... Read more
Oil futures rose early Friday, after a pullback the previous session, with the U.S. and benchmark on track for a September gain of more than 10% as a tightening supply picture drives crude t... Read more
Get Published – Build a Following The Energy Central Power Industry Network® is based on one core idea – power industry professionals helping each other and advancing the industr... Read more
Get Published – Build a Following The Energy Central Power Industry Network® is based on one core idea – power industry professionals helping each other and advancing the industr... Read more
Leftist Brazilian President Luiz Inácio Lula da Silva has made rapid progress in a relatively short space of time to reverse a trend of accelerating devastation in the world’s largest... Read more
The Electricity Act 2003 governs India’s generation, distribution, transmission, trading, and use of electricity. It was enacted to bring about reforms in the power sector and promote... Read more
Something came to me on my weekly beach week yesterday. Incidentally, the summer in SoCal has been quite temperate and the ocean is often colder than normal – just makes you realize the fac... Read more
CNBC’s Jim Cramer suggested the stock market could be headed toward a rally. Crude oil prices fell after reaching their highest level in over a year, with Texas Intermediate crude oil,... Read more
