America's energy industry has more profit potential than any other sector. Take advantage of the energy industry's dynamic "taste," and you can make some serious scratch. The problem is... few folks have any clue what they're looking for.
Lackluster economic recovery, coupled with cautious consumer sentiment, is keeping demand for petroleum products suppressed. Nevertheless, concerns over geopolitical tensions have prompted some governments to raise possible releasing strategic reserves.
The panel on automotive tech and grid storage made it clear that there will be no shortage of lithium to meet the world's needs, which is one reason why the Li-Ion battery market is expected to consolidate into a smaller number of manufacturers.
The deteriorating situation in Libya and lingering fears that the uprising will spread to other countries sent oil prices above $100 per barrel. It appeared that 1 million barrels per day (roughly 62% of capacity) of Libyan oil production was shut down.
Gold put in its most volatile session in recent history on Tuesday. While the range for the session was not as substantial as the reversal of late July or the plunge at the beginning of the same month, the intraday swing was extraordinary.