Tuesday, January 30, 2018

Chinese Company To "Build" Solar Panels In The US -- January 30, 2018

MAGA: one week after President Trump announces tariffs on solar panels, a Chinese company says it will build a manufacturing plant in the United States, bringing back jobs to America. 
The company tucked news of its U.S. manufacturing plans into an announcement about an agreement to supply an unnamed U.S. customer with 1.75 gigawatts of solar panels over about three years.
Comment: regarding the solar panel story, one individual commented:
More evidence of the near Pavlovian response the very mention of President Trump provokes across the aisle. Some of his supporters appear to see this news as evidence of his tariff policy working, though common sense would suggest that such a huge investment could not possibly be cleared within a week. The project has been on the anvil for some time as the link below shows.
Likewise, his critics seem to blithely ignore the obvious inference that setting up of a manufacturing plant like this indicates rising investor confidence in the American economy and manufacturing. I am not an enthusiastic supporter of Chinese companies but to a considerable extent, this is a positive for America.
https://pv-magazine-usa.com/2018/01/19/jinkosolar-negotiating-with-jacksonville-florida-to-set-up-a-factory/
Davos? Amazon, Berkshire, JPM partner on healthcare for less expensive employee healthcare. Shares of US healthcare companies -- from insurance to prescription drugs -- dropping this morning, helping lead a sell-off in the stock market. The other big of news: the bond market. And the stronger dollar leading to drop in the price of oil.

Reset: Shares of US healthcare companies -- from insurance to prescription drugs -- dropping this morning, helping lead a sell-off in the stock market. The other big of news: the bond market. And the stronger dollar leading to drop in the price of oil. But I repeat myself.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship-related decision(s) based on what you read here or think you may have read here or what your best friend says she read here.

Iraq rising: in the news today --
***************************************
Back To The Bakken

Active rigs:


$65.031/30/201801/30/201701/30/201601/30/201501/30/2014
Active Rigs573845146190

RBN Energy: Canadian producers' battle for US gas markets.
Canadian natural gas production has rebounded to the highest level in 10 years. At the same time, Canadian producers are facing tremendous headwinds. On the upside, regional gas demand from the Alberta oil sands is increasing too. But competition for market share in the U.S.  — which currently takes about one-third of Canadian gas production —  is ever-intensifying as U.S. shale gas production is itself at record highs and expected to continue growing.
On the whole, net gas flows to the U.S. from Canada thus far have remained relatively steady in recent years, apart from fluctuations due to weather-driven demand. But the breakdown of those flows by U.S. region has shifted dramatically and will continue to evolve as Appalachia takeaway capacity additions allow Marcellus/Utica shale gas production to further expand market share in the Northeast and other U.S. regions.
Today, we begin a series looking at what’s happening with gas flows across the U.S.-Canadian border and factors that will influence Canada’s share of the U.S. gas market over the next several years.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.