Alternate Energys
Alternate Energys
Fuel Prices Set to Drop? 
By: Kim Peterson
If you want to know where gasoline prices are headed, watch the Dow Jones Transportation Index ($DJT). That's the theory of some market watchers, at least.

The transportation sector uses more than 70% of U.S. petroleum production and imports, according to Rigzone. When the transportation index drops, it's usually followed by a drop in crude oil prices. "We suggest keeping a close eye on the transports as the proverbial 'canary in the coal mine' in preparation of rotating out of the energy sector ahead of what historically has signaled grief for the industry," Rigzone writes.

Read on:

US Study Predicts Boom in Geothermal Sales


ARC NEWS, July 26, 2011


 US study predicts that worldwide sales of geothermal heat pumpswill increase by 179% to 2017.

According to the report from Pike Research, geothermal heat pump sales will experience strong growth rates in the next several years, with annual unit shipments in the US alone increasing from fewer than 150,000 in 2011 to more than 326,000 units by 2017. The cleantech market intelligence firm forecasts that the total worldwide capacity for geothermal direct use applications will increase by 179% during the same period. Pike Research anticipates that heat pumps will represent a significant majority of the global market for such direct use applications, accounting for 84% of total capacity. Other key segments include bathing and swimming applications and space (district) heating. 


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August 2011
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