Sourcing & Trading Intelligence for Global Metals Markets
Continued from Part One. It is no surprise to hear that a government keen on subsidies is talking about extending the electric vehicle (EV) tax credit, currently worth $7,500 to $10,000, and including cars that are designed to run on natural gas, such as Honda’s CNG. Honda and Ford — who produce a natural gas [...]
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An FT article last week lauded the intent of General Electric and Chesapeake Energy to form an alliance to promote the use of natural gas as a fuel for cars and trucks. The intent is to develop gas re-fueling infrastructure with a target to add 250 compressing and recharging units principally at gasoline filling stations. [...]
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Much of the news surrounding President Obama’s 2013 budget proposal centers on his plan to “tax the rich,” and granted, it’s a contentious issue, whether you see the merits of the plan or think that it’s completely off-base for solving the country’s problems. However, as far as the metals sourcing world goes, a much more [...]
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Never, it would seem, has the oil market been in such a state of disarray. Brent crude, the global benchmark, hit US$117 per barrel this week for the first time since August. The spot price has been rising on concerns over where the showdown with Iran is leading. European consumers have begun to cut back [...]
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Capitalism is a wonderful thing. It can create so much wealth, spur so much research and progress that we sometimes take on blind faith that unrestrained pursuit of profit is a good thing. But large energy consumers in the US are asking the question: what is more beneficial — profit for the few or wider [...]
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