je.st
news
Tag: 1980s
Exxon predicted today's cheap solar boom back in 1980s
2015-11-05 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: For more than a generation, solar power was a environmentalist fantasy, an expensive and impractical artifact from the Jimmy Carter era. That was true right up until the moment it wasn't. Solar silicon prices dropped 94 percent from early 2008 to the end of 2011. Crystalline silicon has since fallen an additional 47 percent, to $15.20 a kilogram. Many were caught off guard by the emergence of solar as a competitive power source. The scientist who led Exxon's research arm back in the 1980s wasn't...
Tags: back
cheap
predicted
solar
Railcar Orders' Biggest Drop Since 1980s Hints at Slump in Industrial Production
2015-10-21 18:42:19| Railroads - Topix.net
North American railcar orders plummeted the most in at least 27 years as railroads shipped less oil and sand used for drilling, adding to concern over a U.S. industrial production slowdown. Third-quarter orders for new freight cars plunged 83% from a year earlier to 7,374, according to the Railway Supply Institute.
Tags: production
orders
industrial
drop
With crude at $50, oil firms fear deeper crisis than in 1980s
2015-08-05 20:07:37| Oil & Gas - Topix.net
After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders. Depressed crude prices - at below $50 a barrel Brent crude is half what it was a year ago - mean even more cuts are needed at new projects and existing operations.
With crude at $50, oil firms fear deeper crisis than in 1980s
2015-08-05 19:26:58| Energy - Topix.net
After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders. Depressed crude prices - at below $50 a barrel Brent crude is half what it was a year ago - mean even more cuts are needed at new projects and existing operations.
BP CEO: Oil collapse could repeat 1980s with years of low prices
2015-02-03 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Fuel Fix: The CEO of BP says crude prices will likely settle in at low levels because the surging U.S. oil production that sent markets into a tailspin isn`t going to ease up overnight, leaving the company with no choice but to work quickly to adjust to $48 oil. And oil prices might stay that low for a while, he said. We see (U.S. production) continuing to increase at least through the summer, even though rigs are falling very fast, BP CEO Bob Dudley said during a conference call with investors and...