Now for this week’s jolt, which we hope will bring you more treats, and less tricks. And certainly no rocks. Poor Charlie Brown… Enjoy!
Why so crude? Crude oil prices rose significantly last week but fell on Monday, trading around $56 a barrel. Investors reacted bullishly to an announcement from the U.S. Energy Information Administration of a 1.7 million barrel drop in domestic crude stockpiles versus an expected build of 2.2 million barrels. The EIA also reported recent decreases in stockpiles of gasoline and distillates as refiners’ run rates fell to lower levels because of plant closures. Reports hinting that OPEC may consider more aggressive production cuts at their meeting in December also supported the market. The Baker Hughes oil rig count fell last week, going from 713 to 696 and indicating decreased domestic production.
6% Jump! A forecast for cool weather in the US has given a big lift to natural gas prices. Gas prices are down about 25% from a year ago but up more than 6% today with the NOAA forecasting colder-than-normal temperatures in the US from Nov 2-6. – Fore X Live
It’s Energy Awareness Month! October is National Energy Awareness Month, a national effort to highlight the importance of energy—namely electricity—in our modern economy. – Energy.gov
The Iconic Motorola Walkie-talkie Is Entering The Smartphone Age – Image: Motorola Solutions
Motorola Solutions is releasing a new version of its APX radio for first responders that adds a touchscreen and voice control support to the device for the first time. The APX Next can connect over LTE in addition to offering a walkie-talkie’s standard LMR (land mobile radio) connectivity, and it can even transmit an officer’s location data directly to a dispatcher. – The Verge
And, we have one last random fact for you: Candy Joules! How much energy can you cram into your Halloween candy? Use math to help you decide. – Wired