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  • Will the U.S. shale gas revolution spread to Europe? It already has, according to Chevron (CVX -1.3%), which is quietly buying up huge swaths of land across eastern Europe. “It's like Goldilocks. The shale has to be at the right depth, have the right organic content and be in the right geological window. That’s what we believe we’ve identified in eastern Europe.”   [View news story]
    So will be the investors of exporting LNG
    Aug 2, 2012. 12:17 PM | Likes Like |Link to Comment
  • The premarket spike in Laboratory Corp. (LH +3.9%) tamps down a bit at the open after the company says it has no knowledge of any rumored buyout plans and is not in current discussions with any firms to effect such a transaction.   [View news story]
    Damn !!
    Aug 1, 2012. 10:20 AM | Likes Like |Link to Comment
  • China's Cnooc (CEO) expresses confidence that it will receive approval for its record-breaking $15.1B offer to buy Canada's Nexen (NXY). But not if Sen. Chuck Schumer has anything to say about it; he wants Tim Geithner to use the deal as leverage to pry open the Chinese market for U.S. companies: "It's about time we played a little hardball."   [View news story]
    His ego is bigger than borders
    Jul 27, 2012. 08:46 AM | 1 Like Like |Link to Comment
  • The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%.   [View news story]
    Not at all. Deficits can be reduced without raising taxes. Pro growth policies would fill the coffers much quicker than a tax increase. Wouldnt hurt to also broaden the tax paying base. I am a supporter of the Fair tax.
    Jul 24, 2012. 10:52 PM | 3 Likes Like |Link to Comment
  • The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%.   [View news story]
    "Dems want to raise taxes to balance the budget and get our so-called fiscal house in order" Yeah right. The extra taxes that are raised dont put a dent in the debt. It wont even pay for the extra spending that has been added in the last few years. Govt is incapable of wisely spending the money that is currently received. I have no desire to give them more.
    Jul 24, 2012. 10:24 PM | 3 Likes Like |Link to Comment
  • The tax debate percolating in D.C. could have a big impact on stock market returns, a J.P. Morgan analyst says. A Democrat idea to hike the marginal high-income tax rate and capital gains tax rate by 5% and the dividend tax rate by 24.5% would hit stocks by an estimated 7%-15%, while a Republican idea to cut the corporate rate by up to 10% would boost stocks 7%-14%.   [View news story]
    Most working families dont buy the hardliner DNC talking point that higher taxes on the productive, job creators will help them. It will follow the hundreds of billions already spent - down the toilet.
    Jul 24, 2012. 07:23 PM | 3 Likes Like |Link to Comment
  • Makes me wonder how accurate the EIA numbers are ??
    Jul 19, 2012. 11:42 AM | Likes Like |Link to Comment
  • Syria's civil war escalates in the wake of today's bombing deaths of three top military and security officials including Pres. Assad's brother-in-law, and analysts say the fighting could spill into the oil market. The fall of Assad could increase ally Iran's sense of isolation and encirclement, prompting it to test a nuclear device and lead to skyrocketing oil prices.   [View news story]
    What makes you think they cant ??. Thats the scary part.
    Even if they dont have the capability to create one - yet,
    it is plausible that one was purchased.
    Jul 18, 2012. 07:23 PM | 2 Likes Like |Link to Comment
  • Electric vehicle charging stations will be cropping up at select Kroger (KR) and Cracker Barrel (CBRL) locations as part of the government's national EV project. The low driving range of electric cars has been one of the biggest strikes working against the industry from it gaining mass appeal, although Tesla Motors (TSLA) hopes to turn the tables with the launch of the Model S this week.  [View news story]
    I dont have gas pumps at the house. We have multiple gas stations because of competition.
    Recharge time varies greatly by battery type and amount of power delivered. The best and newest lithium can come close to half charge
    in about 30 minutes. Most batteries cant take this load.Many take
    12 hours plus.

    As long as it doest involve tax dollars or mandates - go for it.
    Oh yeah, it better not cost me a parking place : )
    Jun 19, 2012. 12:15 PM | Likes Like |Link to Comment
  • Electric vehicle charging stations will be cropping up at select Kroger (KR) and Cracker Barrel (CBRL) locations as part of the government's national EV project. The low driving range of electric cars has been one of the biggest strikes working against the industry from it gaining mass appeal, although Tesla Motors (TSLA) hopes to turn the tables with the launch of the Model S this week.  [View news story]
    Then why do we need them ??
    Jun 19, 2012. 09:45 AM | Likes Like |Link to Comment
  • Electric vehicle charging stations will be cropping up at select Kroger (KR) and Cracker Barrel (CBRL) locations as part of the government's national EV project. The low driving range of electric cars has been one of the biggest strikes working against the industry from it gaining mass appeal, although Tesla Motors (TSLA) hopes to turn the tables with the launch of the Model S this week.  [View news story]
    So you pop into Kroger or Cracker Barrel, for an hour of shopping or eating - how much recharging can be done in that amount of time ??
    Jun 19, 2012. 08:06 AM | Likes Like |Link to Comment
  • German gas- and electric-meter company Elster Group (ELT), majority owned by investment firm CVC Capital, is on the auction block and could fetch more than $2B, WSJ reports, citing Siemens (SI) and ABB as potential suitors.   [View news story]
    Dont give them any ideas !!
    Jun 12, 2012. 06:16 PM | Likes Like |Link to Comment
  • Ugly chart of the day: The widening gap between earnings yields and Treasury yields represents "a massive failure of our economic institutions" - we have low bond yields because the Fed has failed to do its job, and we have high stock yields because the market has failed to do its job.   [View news story]
    "He also notes a LOSS OF FAITH in governments' ability to do what is needed to stabilize markets: "keep the flow of spending stable so that big depressions with long-lasting, double-digit unemployment do not recur." BINGO !!
    Jun 1, 2012. 07:15 PM | Likes Like |Link to Comment
  • Approving the Keystone XL (TRP) pipeline could boost U.S. global warming emissions by as much as 0.3%/year, a CRS report says - not exactly "game over" for the climate but still like putting 4M extra passenger cars on the road. But it's not just Keystone XL; there are plans to send 3.1M bbl/day of oil sands from Alberta to export markets, ~5x as much as Keystone XL.   [View news story]
    If I were King, the first edict would be to label CO2 a non pollutant
    May 23, 2012. 10:24 PM | 2 Likes Like |Link to Comment
  • Patriot Coal (PCX -28.6%) plunges and is pulling all coal stocks (KOL -1.8%) lower, due to a report the company has fielded informal pitches from bankruptcy advisors. Last week, PCX delayed a refinancing after disclosing a potential contract cancellation from a key customer. ACI -7%, JRCC -6.3%, ANR -5.1%, BTU -3.8%, WLT -3.5%, CNX -2.3%.   [View news story]
    Mismanaged company ?? Matter of opinion. Im neither for nor against. PCX has had to play the hand they were dealt with their coal production. It has fallen out of favor quickly. As the sector trades so do the individual stocks. CHK is in the same boat.
    May 22, 2012. 01:24 PM | Likes Like |Link to Comment
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