Green the Barrel, Oil Market Too Unstable
According to the International Energy Agency, ninety million barrels of oil and liquid fuels are required to power the world each day, necessitating the oil market, human beings, and the planet to live...
View ArticleRising Yuan Darkens Dollar Outlook
In September, the US trade deficit with China was 29.1 billion. Yes, the Chinese Yuan is extremely undervalued verse the US Dollar. However, the Chinese Yuan is not a reserve currency. It must be...
View ArticleChina’s Yuan Trading Partners Want Yuan Convertibility
Chinese oil demand has slowed, as well as passenger vehicle demand. However, these numbers are still growing in the mid-single digits annually. Altogether, China has been throwing off signs of a...
View ArticlePresident Obama Is Right about Electric Vehicles
Electric vehicles are the right way forward. The US economy will prosper with lower oil prices, and electric vehicles can make that happen. We need to get off foreign oil, because the trade deficit...
View ArticleEV Industry Long-term US Dollar Strength
A federal government budget vote was delayed, sending world financial markets south, as Boehner said that House Republicans did not want to be accused of raising taxes. To all financial markets,...
View ArticleCushing Oil Storage Glut, LEAF Gets New Battery Warranty
The oil storage hub at Cushing Oklahoma hit a record of 49.2 million barrels. The EIA released this data on Friday, which was delayed due to the holiday week. This glut of oil stored at Cushing is...
View ArticleChinese Consumers Power Automobile Sales and Oil Market
Ford’s sales in China are stunning. December sales were up 43% year over year, and overall sales for 2012 were up 21%. The Ford release stated: “Ford China set an annual sales record in 2012, selling...
View ArticleChina Trade Surplus Surges, LEAF Enthusiasm Anew
China’s surge in exports has greatly outpaced import growth, creating a huge trade surplus in December and for all of 2012. This is going to place more pressure on the Chinese government to let the...
View ArticleSeaway Oil Volumes Increase WTI – Brent Spread Narrows
The Seaway oil pipeline is increasing oil volumes, which should relieve the glut of oil at Cushing Oklahoma. The WTI – Brent oil spread quickly dropped under $17. Bloomberg reported: “Seaway...
View ArticleUS Debt Ceiling Debate, Tesla Store to Open in Beijing China
Financial market strategists are growing nervous again as the US debt ceiling debate takes center stage. In past political storms, US Treasury markets have been sought as a financial refuge. It is...
View ArticleToyota Worldwide Sales Leader 2012, Prius plug-in an EV Start
Toyota announced today that its 2012 worldwide sales rose 22.6% to 9,747,762, making Toyota the #1 auto seller in the world. GM was #1 in 2011, and now officially #2 in 2012. GM’s 2012 worldwide...
View ArticleBritish Pound Drop and the road to Electric Cars
Moody’s downgraded the United Kingdom’s debt on Friday, taking away the AAA sovereign rating and causing a steep slide in the British Pound. In my opinion, the decline in the British Pound is a...
View ArticleOil Price Blowout Coming! Peak Oil vs Tesla
The world has an energy problem. Oil! It’s dirty, dangerous and expensive. We have all seen enough hateful oil wars with misery and death to know that we need to get away from oil and its advocates...
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