Ever since the Global Financial Crisis of 2008-09, some investors have avoided bank stocks. However that need not be the case as most banks have cleaned up their balance sheets and are in a much healthier shape now. In fact, on a global level US banks are stronger now than their developed world peers. The …
In an earlier post, I noted that coal is the major source of electricity generation in the U.S. In this post, let us take a look at the major coal producers in the country. Before we get to the list, here are a few points on the US coal industry: The US holds the world’s …
The primary energy sources for the BRIC countries are shown in the chart below: Click to enlarge Source: Gasoline and Diesel Pricing Reforms in the BRIC Countries: A Comparison of Policy and Outcomes, The Oxford Institute for Energy Studies, University of Oxford In Russia, China and India oil is the second most important energy source. In Brazil it …
Continue reading ‘Primary Energy Consumption in BRICs 2014’ »
The U.S. depends on fossil fuels for much of the production of electricity. Coal and Natural Gas are the two major sources of power generation followed by Nuclear power. Shale gas is slowly eroding the consumption of coal. For example, since 2007 the use of coal in power production has been declining. The U.S. is …