Hurricane Harvey, which until this morning a Tropical Storm, is now set to be the first hurricane to strike the Texas coast since 2008. According to the NHS, which issued a hurricane warning from Port Mansfield to Matagorda, TX including Corpus Christi, Harvey is "rapidly intensifying", and is forecast to be a "major hurricane."
Energy traders who had hoped to make an easy profit by betting that spot electricity prices would climb around midday on Monday – an idea they may have found on this website - were bitterly disappointed when, instead of spiking, prices tumbled because of an unexpectedly large drop in demand.
"Everybody has a plan...until they get punched in the face."
-Mike Tyson
Paul Alster has an interesting story this month in The Jerusalem Post. It begins by informing us that...
"A fierce battle is being waged in the north of Israel."
Then goes on to say...
Authored by Adam Taggart via PeakProsperity.com,
Remember the crisis earlier this year at the Oroville Dam?
The overflow from California's winter of heavy rain threatened to overpower our country's tallest dam. A cascading failure of the dam's main gates, its primarily spillway AND its emergency spillway had the world watching hour by hour to see if a catastrophic breach was going to occur.
Authored by Zainab Calcuttawala via OilPrice.com,
Norway’s coast guard has removed Greenpeace protestors from a safety zone near Statoil drilling operations in the Korpfjell field of the Barents Sea, according to a new report in the Maritime Executive.
The protestors used kayaks to infiltrate a 500-meter exclusion zone around the Songa Enabler on Thursday in order to attach a large globe to the rig. On it was a statement from environmentalists calling on Norway to end its drilling in the Arctic.