RichC | January 11, 2023
According to a NYPost article, millions of Americans may soon be entering “not stove season.” The Biden administration is considering a nationwide ban on gas stoves — citing the harmful pollutants released by the appliances, according to a report. The Consumer Product Safety Commission is mulling the action after recent studies showed emissions from the […]
RichC | September 13, 2022
If you believe the number 13 makes for an unlucky day, you’ll probably point to that as an omen … but the deep, nearly 1300 points, drop in the Dow came as investors and economists were expecting an easing pace of inflation … not continued high inflation. The CPI report indicated a 8.3% rate compared […]
RichC | July 2, 2022
In one of my social media automotive threads, I saw this comparison graphic and it triggered my thinking … both from a “freedom to choose” and “work need” perspective vs a “forced to comply” based on ever-changing environmental concerns or fiscal reasons … usually by politicians (regulation, taxes, dis-incentives or incentives). People are likely to […]
RichC | June 11, 2022
CPI up 8.6% driven by a 35% jump in energy prices and 12% increase in groceries This is what a “sea of red” looks like for investors and stock market traders … and I can only imagine the “red” those living on a fixed income or families struggling to make ends meet must be seeing? […]
RichC | May 26, 2022
I have put off buying diesel fuel for the Kubota mower and John Deere 330 as long as possible … but inevitably the reserve of 25 gallons stored in fuel jugs gets used up. It looks as if it is time to pay $$$ the inflated prices on fossil fuels — elections have consequences (pre-Russia invasion […]
RichC | May 13, 2022
FoxBusiness/WSJ graphic For the good or bad, whenever I’m away from my daily routine, it seems like the financial markets lose stability and investors go into crisis mode? The past couple of weeks, those invested in stocks, bonds and crypto know that it has been painful; there have been very few refuges from the sharp […]
RichC | March 26, 2022
The “pain at the pump” is definitely real if you are buying fuel and if you have spend the last decade with gas and diesel at 40+% lower than we are seeing today. That said, in inflation-adjusted dollars, we are still off the highest per barrel prices that we have seen (chart below). Most oil […]
RichC | March 19, 2022
Sometimes people are too politically invested in climate change and environmental policies that they “can’t see the forest through the trees,” as John Heywood’s 1546 proverb propends (an idiom). This is not to say we can’t improve … or that we should be resist/thwart the shift towards renewables and improve our environmental footprint, BUT we ALL […]
RichC | March 12, 2022
Nobody wants to really hear or see anymore written about inflation. We’ve all seen it with our own two eyes and our wallets have felt it since the Biden administration took office. No more though than the last couple of weeks after Russia invaded Ukraine as the West’s political miscalculations and head-in-the-tar-sands polices have made […]
RichC | March 2, 2022
I’m not an expert on how the events in Ukraine will impact the world, but I do pay close attention to geopolitical events, the financial markets and the economy … and can’t help but wonder how this will reshape our future. For the past year or so I’ve been grumbling about how the Biden administration’s […]
RichC | November 4, 2021
Not to many years ago, the United States was on its way to becoming energy independent … until the American fossil fuel industry came under attack from within our own country. This time the reason is not due to our country’s inability to produce enough oil and natural gas for our needs, but an ideology […]
RichC | October 12, 2021
For most investors, the normal criticism is that they are not diversified enough … or at least they often own too much of one sector or one stock (happened in the old days when companies often matched or did a partial match in company stock). I’ve tried to keep “diversity” in mind over my lifetime […]
RichC | September 3, 2021
A friend asked me the other day, “what are you going to do if inflation becomes a bigger problem than it is already?” Good question … the canned answer (safe answer) is to be diversified. The reality is far more challenging. There was a day when the first reply was to own hard assets like […]
RichC | July 3, 2021
As we transition to renewable energy and electric vehicles, the discussion I had with a German tourist on our cruise to Alaska continues to replay in my head. I am an advocate of free-market capitalism and smaller, less intrusive government … but have been known to stumble a bit and have supported government using incentives […]
RichC | February 25, 2021
As an advocate of renewable energy, be it biofuels, hydro, solar, wind, etc for decades, I don’t understand why Americans can’t come together on a united “all inclusive” energy plan? I know a few anti-solar/wind energy types, but usually they are just pushing back against the extremist wanting to do away with all fossil fuels […]
RichC | March 11, 2020
Although I suspect all the selling on Wall Street has to do with needed cash or the “sell and re-assess later” attitude, I’ve been puzzled that gold (usual safe haven) and utilities have been hit as well. Personally I thought these areas might balance exposure to industrials, tech and energy. Obviously not as Wednesday’s market […]
RichC | February 19, 2020
Those of us who spend any amount of time investing or trading stocks enjoy the good feeling when we’ve studied and made positive investing moves … but we also tend to ignore the stupid trades. Looking at today’s chart of Exxon $XOM (5.80% annual dividend), there is no way I can positively spin one of […]
RichC | August 13, 2019
Great energy use tip for those of use who heavily rely on ceiling fans: The direction a ceiling fan should turn can be confusing. Modern fans have a switch that enables them to blow the air either up or down. During the summer you want the fan to blow air straight down, so your ceiling […]
RichC | June 8, 2019
We are big proponents of using ceiling fans and “I” have always assumed the electricity cost in running them was minimal compared to running air conditioning and for the most part just leave them on all the time in the summer. BUT … that’s not really the best idea according to an energy saving newsletter. […]
RichC | December 9, 2018
One fluorescent fixture at a time … that’s how I’ve been updating the old tubes in two and four light panels to LEDs. Unfortunately I’m ending up with a mish-mash of inexpensive and unfortunately questionable quality LED strips assembled into plastic tubes. Advice: stick to name brand and big box store lights – ie. Phillips, […]
RichC | November 23, 2018
Even as someone who watches markets and oil, the precipitous drop in price over the past month has been shocking. Most observers expected the increased inventory to cause the price per barrel to drop a bit, just as it has in the past when oil is stored in surplus, but a $20/barrel collapse in 1 […]
RichC | September 10, 2017
For homeowners considering energy use and investing in solar … take a look at these FIVE solutions first from nuwireinvestor.com (although still one of the best investments for your home is "insulation") Some of the smartest investments you can make in your home are ways to maximize the energy efficiency of your heating, ventilation, and […]
RichC | June 21, 2017
While the economy slowly improves and Wall Street waits with anticipation for congress to act on tax reform and in particular tax cuts that will bring the corporate tax in the U.S. in line with the rest of the world, oil companies continue to struggle. Obviously we’re still using oil … but the "glut" is […]
RichC | December 11, 2015
Stocks have been in decline as investors wait for the Fed to either “move” or get off the pot this month. Adding to the misery for those who are thinking they are in long “safe” dividend paying stocks, like those in energy, they are nervous too. While the economy is not particularly bad, the deflationary […]
RichC | December 8, 2015
Warmer forecasts, no production cut by OPEC and inventory surplus is keeping energy prices low and crude oil has moved to seven year lows. The impact is being felt by small leveraged U.S. oil companies who are on the brink of bankrupcy and even creating waves throughout the economy. As I tweeted… Oil prices fell […]
RichC | November 3, 2015
TransCanada requested a suspension of the U.S. permit on the Keystone XL Pipeline and one of my favorite “short take” email headlines did an appropriate refresher: Keystone XL Pipeline: not a beer. It’s a major oil pipeline project that would carry a LOT of crude oil from Canada to Texas. It’s also a major political […]
RichC | August 21, 2015
Even though I’ve already posted on the recent plummet in the financial markets , the heavy volume and substantial daily moves like we’ve seen the past couple of days deserves a second post. Dow Jones Industrials on Friday afternoon August 21, 2015 Friday (August 21, 2015) was another sour day for investors who are holding […]
RichC | February 5, 2015
Years ago back when I was in high school and college, I still had an uninhibited imagination when it came to what mechanical innovations were possible. I wasn’t yet tainted by the words “no, can’t, impossible, unrealistic, etc.” In those days I was studying engineering and all things mechanical, I thought by now it would […]
RichC | December 29, 2014
As the year draws to a close, we can be thankful for economic boost coming from cheaper gasoline. The chart above show just how rapid the decline in the price of Crude Oil changed. It illustrates the unbelievable shift in the cost of energy for all of us. It is partially due to demand, but […]
RichC | November 5, 2014
Diesel exhaust treatment technology has vastly improved diesel engine emissions over the past decade along with ULSD fuels, but the technology is costly primarily due to rare earth metals. According to a press release yesterday, Clean Diesel Technologies, Inc $CDTI announced new proprietary Spinel™ technology will replace the use of platinum type metals in catalytic […]
RichC | October 24, 2014
The last 24 hours I’ve been running a two person battery test to see just how comfortable we can be on minimal amp hours. Obviously we need to do better since even with a fair amount of sun hitting Encore’s single Kyocera 135 watt solar panel our battery bank is depleting. The clouds are passing […]
RichC | October 15, 2014
It’s October … why would anybody be surprised by the market heading violently in the down direction? I posted earlier this afternoon while watching the market selloff across the board and figured the end of the day deserved an update. At one point the Dow was down 460 points with most stocks moving sharply to […]
RichC | September 30, 2014
Residents and businesses in Ohio “choose” which companies provide the energy used by their utility company, which can in most cases reduce their bills. This competition should be a good thing, one would think, but each year consumers go through a multi-step process to confirm our energy provider choice … and each year it is […]
RichC | September 24, 2014
With the lower cost of domestic natural gas here in North America, the next couple of decades will continue opening the doors of opportunity for innovative companies who finding better ways to utilize this domestic and abundant clean fuel. Westport Technologies (WPRT), a leader in advanced natural gas engines and vehicles, has fallen flat as […]
RichC | September 15, 2014
Since visiting my son Taylor a couple times in northwestern (Williston) North Dakota, I pay closer attention to what is happening in his area and the boom growth as well as the politics around moving energy. Unless someone sees the train tanker cars lined up or drive on the roads which are packed with truck […]
RichC | June 17, 2014
While listening to CNBC’s Squawkbox yesterday morning, Southern Company’s CEO Thomas Fanning sees exporting U.S. energy as economically a best path forward. The strategy is not without debate and hits opposition from both sides – the anti-fossil fuel greens and conservatives wanting to preserve our nation’s natural resources for America’s future. That argument aside, one […]
RichC | June 2, 2014
The solar powered Sunseeker Duo airplane made it’s first two passenger test flight last month as Eric and Irena Raymond prepare for longer flights this summer. Gizmag.com posted a few more photos in their article … what an interesting aviation project. Solar Flight says that the Raymonds took off together in the company’s third powered […]
RichC | April 8, 2014
Is a helium filled floating wind turbine practical? Alaeros has already tested theirs tethered at 500 feet and is attempting a world record 1000 foot where the winds are stronger and steadier. Hmm, perhaps instead of mounting a wind turbine atop a stainless steel pole on our sailboat I should rig a floating turbine in […]
RichC | April 3, 2014
As the U.S. continues to delay and “study” the Keystone pipeline as a way to efficiently move North American crude oil from east of the Rocky Mountains in both Canada and the Dakota Bakkans to Texas refineries, other options and pathways are moving forward. Energy pipeline company Kinder Morgan Energy Partners L.P. ($KMP) held a […]
RichC | March 12, 2014
I keep thinking that something has got to give in Washington DC when it comes to the how the Obama administration and many in congress bog down the greatness of our country. The lack of an economic recovery is hurting the middle class and there isn’t a commonsense reason for it. Take the debate over […]
RichC | December 5, 2013
I purchased a new 12 watt LED bulb for reading(larger bulb in left of photo) that promised to offer a few more “soft but bright” lumens from my chair side lamp. I “was” using two Cree LED bulbs (smaller bulb in left photo), but the light output still wasn’t comparable to a good three-way incandescent […]
RichC | May 23, 2013
I love reading stories about bright young inventors exploring the world of science and remember with fondness the days of science fair projects. One that recently caught my eye was a scholarship winner from California who worked with super capacitors and is finding ways to improve electrical energy storage devices (as well as charging and […]
RichC | March 12, 2013
Seven years ago, it was challenging to find automotive diesel at a car friendly "gas" station here in the U.S., but according to ExxonMobil research, in the next seven years we’ll see diesel use surpass gasoline as the petroleum fuel of choice. (The Outlook For Energy: A View To 2040 – PDF) The efficiency of […]
RichC | December 8, 2012
My kids roll their eyes when I strike up offhanded conversations with strangers in parking lots, gas stations, etc. Take Friday for instance, I saw a guy get out of his new Passat TDI and glanced over to ask how he liked his new diesel. He grinned and exclaimed, “I’m getting 47 mpg!” which I […]
RichC | August 22, 2012
Since our nation’s oil and gas industry has expanded its capacity to produce natural gas in recent years, it only makes sense that we take advantage of this plentiful, clean, and low cost energy resource. It sure sounds like a sensible way to keep the United States an economically competitive place to build and expand […]
RichC | June 23, 2012
Yes, according to a news release from Colombia, Maryland’s New Energy Technologies, Inc. Unfortunately I still think we are faced with the “it is a drop in the bucket” producer of electricity in comparison to what we Americans use … not to mention the cost of windows. Still, it is interesting to explore the advancements […]
RichC | March 22, 2012
It’s easy for someone like me with a fiscally and socially conservative ideology to disagree with President Obama and his expansion of government. I disagree with his irresponsible deficit spending, his liberal social philosophies and adding new entitlements. As he approaches re-election he has also returned to blaming someone else for problems, even after 3+ […]
RichC | January 24, 2012
…all new inventions in the U.S. are assigned a political party. In the transportation and energy sectors, anything to do with petroleum, natural gas, biofuels, clean diesel, hydrogen and any means of producing electricity other than wind turbines or solar panels is Republican. Hybrids, plug-ins and battery-electric vehicles are Democrat technologies, in addition to anything […]
RichC | August 15, 2011
I’m archiving a bit from Jackalyne Pfannenstiel’s letter to the WSJ editor that was in the paper this past weekend which reflects my point of view when it comes to alternatives and efficiency in the U.S. military. Most of us know that all branches of the armed forces are making strides to lessen their dependency on […]
RichC | July 2, 2011
What’s with the sudden rise in oil price again? We’ve seen our weak economy take a crushing blow from rising oil prices once again. We all know that there has been an oil moratorium on U.S. oil ever since the BP oil spill … or perhaps since President Obama moved to the Whitehouse, but the […]
RichC | April 11, 2011
It’s been a while since I’ve posted anything about biodiesel … perhaps because I’m not driving a diesel vehicle at the moment. Nevertheless, the promise of “growing fuel” is better then ever considering the panic we find ourselves in over the high price of fuel. Currently I’m seeing regular unleaded gasoline at $3.80/gallon and a […]
RichC | February 27, 2011
Duke Energy, our electricity utility, was kind enough to ship me a nice size box of compact florescent lamps at no charge to replace our existing bulbs. I can’t say that I was surprised to see that they are made in China, but I sure would rather they be manufactured in the United States – […]
RichC | November 9, 2010
Where would you install photovoltaic solar panels if they were clear? Perhaps they will be in the not so distant future as contemplated by Alyssa Danigelis in her Discovery News article. And here’s a new word of the day: buckyballs – spherical or ellipsoidal cages made up of covalently bonded carbon atoms discovered in 1985 […]
RichC | August 3, 2010
While driving north and south on I-65 through Indiana the past couple of days I was amazed to see the change in landscape … wind turbines everywhere. We (my daughter) took a few photos while we were driving by and figured I would try posting them on Posterous and see how they display when forwarded […]
RichC | June 25, 2010
Cleveland Ohio is undergoing a skyline change … A fresh-water wind farm is taking shape at Lake Erie and when completed will provide 20 megawatts and get on to about one gigawatt power by 2020. Huge individual turbines 300 feet tall, to be built by GE will be erected off Ohio, Cleveland. Better designs: These […]
RichC | June 11, 2010
When there doesn’t seem to be answer and the anger for many nears the boiling point, comedians react to BP’s (and the government’s) bumbling giving us a chuckle … Posted via email from richc’s posterous
RichC | June 3, 2010
The stock market rebounded on Tuesday after selling on the government’s comments regarding criminal investigations of BP yesterday. Since I regularly reflect on moves down, it is about time to acknowledge that their is still an appetite for value … in today’s case, energy sector stocks. Most stocks were up as the DJIA jumped 225.52 […]
RichC | June 1, 2010
The U.S. Government through Attorney General Eric Holder announced that they have opened a criminal investigation into the Gulf of Mexico oil spill. His comments spooked late day trading on Wall Street –"We will prosecute to the fullest extent of the law anyone who has violated the law." The huge spill from a well owned […]
RichC | May 23, 2010
Local Cincinnati (Blue Ash), Ohio company advancing to next level of competition for Progressive Insurance Automotive X Prize competition. The AMP electric racer has advanced to the “Knockout” Qualifying Stage of the intense multi-stage Progressive Insurance Automotive X PRIZE competition. The competition will pit some of the world’s most fuel efficient vehicles against one another […]
RichC | May 4, 2010
According to an Associated Press report, the casualties are starting to show up on the Gulf of Mexico. Experts are hesitate to point to the oil spill as the cause of death for every specie, but it is easy to speculate that oil is a contributing factor for many of the fish and birds. Sea […]