One Man’s Trash is Another Man’s Treasure

 |  Thursday, 22 December 2016 09:57  |  Published in Sustainability
One Man’s Trash is Another Man’s Treasure
(Vienna) ‘One man’s trash is another man’s treasure’ is an old saying that could not be more appropriate for this story. The article covers the little-discussed EU garbage economy, or how EU states have a big business going in trash. In particular, those states which do not recycle as much of their waste pay to give their trash to high recycling states who burn it for energy. For example, Austria has a high capacity to use garbage as energy, but its recycling rates are so high that it cannot source enough of its own trash to meet capacity. Therefore, it…

Crude Falls into the $30s, Hits Bear Market

 |  Tuesday, 02 August 2016 10:35  |  Published in Sustainability
Crude Falls into the $30s, Hits Bear Market
(Houston) We have been saying that crude oil was going to head lower on worries of oversupply and a lack of demand, and that is exactly what is happening. Yesterday oil fell below $40, setting off losses across financial markets, from stocks to junk bonds. The oil market is suffering from a glut of refined products, including gasoline, which is reportedly lowering demand from refineries, the only group that actually buys crude oil. Another big change has been the shift in hedge fund positioning, which has gone from strongly long to decidedly bearish. OxWFD: We have been thinking oil would…

The Oil Glut in One Photo

 |  Friday, 29 July 2016 10:24  |  Published in Sustainability
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The Oil Glut in One Photo
(Houston) We have covered a lot of oil stories over the last few years, including some really great charts that our readers have liked. What we have here today is different, but is nonetheless the best single picture capturing the oil glut that we have seen. The picture is more subtle than one would think, but once you take it in and see what it is, you come to realize just how oversupplied the oil market is. The picture is at the top of the linked story (Financial Times) and shows two giant oil tankers sitting just off the coast…

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