Energy & Commodities
The U.S. surges past Russia in the global energy race.
According to the Energy Information Administration, the United States will produce almost 10 percent more than the second-largest producer, Russia, and double the third-largest producer, Saudi Arabia. – chart HERE
Here they are: the most important charts in the world.
We asked our favorite portfolio managers, strategists, analysts, and economists across the Street for the charts that they deem the most important right now, and this is what they sent us.
A lot of the focus is on the stock market, as many consider it to be at a critical juncture. The withdrawal of Federal Reserve stimulus and attendant normalization of interest rates is also a hot topic — as is the bloodbath in emerging markets — while many are coming around to the notion that the American economy just can’t grow like it used to anymore.
But there are a lot of other things going on as well.
Click Chart to see a larger view
Ed Note: This is #4 of 103 Great Charts and you can access the first one HERE
Ed Note: This above chart is #4 of 103 Great Charts and you can access the first one HERE
Michael has some advice for young people, and some criticism for the institutions they are attracted to.
Nuclear fusion is rather different from nuclear fission. Fission, is the reaction currently used in nuclear power plants, and produces dangerously radioactive elements; fusion is the currently being researched by various laboratories around the world, and produces no radioactive waste and far more energy.
For years nuclear fusion has eluded scientists, yet very recently the researchers at the National Ignition Facility (NIF) in the US have managed to pass a milestone that brings fully sustainable nuclear fusion closer realisation.
The NIF, at the Lawrence Livermore National Laboratory in California, uses 192 beams of the world’s most powerful lasers to deliver a pulse of energy 1000 times the capacity of the entire generating capacity of all power plants in the US combined. The pulse hits a tiny capsule of hydrogen which is then instantly compressed and heated up, creating a small nuclear fusion reaction.
The BBC reports that in September the amount of energy released from the fusion reaction at the NIF was recorded as higher than the energy that was absorbed by the hydrogen fuel pellet. The first time that this has been achieved anywhere in the world.
….read more HERE




