Posted By:Stephen Schork, Editor, The Schork ReportCNBC Guest Blog
Spot gasoline is dear. The market is screaming at the refiners to start processing gasoline and sell into the backwardation. Failure to take advantage today and the refiners run the risk of chasing the curve lower as we move out along the x-axis… not to mention they risk of the wrath of media savvy politicians should downstream inaction lead to higher prices at the pump for Americans through this summer and into hurricane season, writes Stephen Schork. Read More
For years, we've heard Detroit and other auto makers lobby against higher fuel economy standards because it would drive up costs and ultimately hurt sales of SUV's and pick-ups- vehicles Americans want. Read More
A new, stylish, environmentally-friendly manufactured home from a Berkshire Hathaway subsidiary is getting a lot of attention today, with a favorable comparison to Apple's popular iPod media player. Read More
Thomas Skains, Chairman, President and CEO of Piedmont Natural Gas and Chairman, American Gas Association writes, "A key part of President Obama’s energy plan is a focus on significantly reducing current imports from the Middle East and Venezuela within the next 10 years. One of the ways to do this is by promoting the responsible domestic production of natural gas here in our own country." Read More
If nobody else is going to say it, I will: the Senate is senile. I use the word senile deliberately because it has the same latin root as "senate." And the similarities don't stop at linguistics. The world's most poorly designed deliberative body has lost its mind. Read More
Too often the highest aspirations of young eco-preneurs I meet are to sell their products into Whole Foods Market. I have nothing against Whole Foods at all, but it represents such a slim fraction of the retail business in America, writes author and CEO Tom Szaky Read More
The White House was watching Warren Buffett this morning on CNBC. Today Press Secretary Robert Gibbs responded to Buffett's comment that both parties, but especially the Democrats, are trying to use the economic crisis to push partisan goals. Read More
I generally dismiss the relevance of tired adages, but there’s a timely truth to the saying that it’s hard to teach an old dog new tricks. In days like these, however, a little reinvention is key to survival. Read More