OPEC

Price Of Oil Headed Back Up, Gasoline Hikes Will Follow

In the world of oil, Saudi Arabia is the tail that wags the dog. For several years, it has stubbornly refused to cut oil production in the face of falling oil prices in order to maintain its dominant share of the oil market. It is also part of a strategy to drive tar sands and fracking producers out of business. Those non-traditional sources of oil are far more costly than pumping from reserves under the Arabian desert.

Cleantech Disruption — My Presentation At Institutional Investment Conference In India (Video)

Last month, I went to Mumbai, India, to present at an institutional investment conference that was focused on disruptive technology. Complementing presentations by Piyush Goyal (India’s Minister of State for Power, Coal, and New and Renewable Energy) and Pashupathy Gopalan (SunEdison’s Asia Pacific President), I presented on cleantech disruption — the market disruption from solar power, wind power, … [continued]

Falling Oil Prices Will Not Bother Solar

About two weeks back, the OPEC (Organization of the Petroleum Exporting Countries) oil producers’ cartel decided not to cut output at its meeting in Vienna. Since then, oil prices have plummeted to a record five-year low. Saudi Arabia, the world’s largest oil exporter and OPEC’s most influential member could potentially support … [continued]