Loren C. Steffy's Blog, page 31
November 6, 2012
Stocks rally ahead of election results
Voters have to wait until this evening — or perhaps later — to find out whether to cheer or jeer the outcome of the presidential election, but investors aren’t waiting. Stocks rallied ahead of the results on hopes that the election will remove some of the uncertainty that has hovered over the market for much Read More
November 2, 2012
Wind pool woes reveal the dangers of concentrated risk
By allowing private insurers to cherry-pick their markets, lawmakers have created a narrow risk pool that concentrates losses while private insurers continue to make money from their carefully chosen markets elsewhere in the state.
Oil sands deals another blow to `energy independence’
Counting on Canadian oil sands as the driver of energy independence could mean the U.S. winds up paying billions more for energy when cheaper alternatives are available elsewhere.
U.S. employment little changed at 7.9 percent in October
This may be the most closely watched jobs report of the year, coming four days before the presidential election.
U.S. employment at 7.9 percent in October; stocks rise
This may be the most closely watched jobs report of the year, coming four days before the presidential election.
November 1, 2012
A sign the fracking craze could be cooling?
Energy companies are buying fewer trucks for hydraulic fracturing, which means fewer radiator sales for a Minnesota manufacturer.
October 31, 2012
How big money is corrupting politics
Watch Big Sky, Big Money on PBS. See more from FRONTLINE. This week’s episode of Frontline looks at several races in Montana to examine money in politics following the Supreme Court’s Citizens United ruling and the Montana court ruling that unsuccessfully challenged that decision. While it’s not surprising that big money is pouring into local Read More
October 30, 2012
A fiscal cliff for energy stocks?
The real roadblock for energy independence isn't just access to resources, it's economics.
Dudley: BP takeover would be `very surprising’
BP chief executive said the British oil giant growing once again and its dividend is increasing.
October 29, 2012
The short, fast life of deepwater wells
At some point, the biggest impediment to energy independence may not be the limits of technology, but the limits of capital.
