It’s impossible to miss all the headlines these days about the crash in energy prices and the damage it is doing to the balance sheets of firms in the oil, gas and coal businesses. But the ripples from the price plunge extend beyond the coal miners and ExxonMobils of the world. A slew of industries tied to the energy world are also suffering, with little relief in sight.
Flat sales of PCs spell bargains for buyers. The market for semiconductors. Superfast home Internet service. What to make of Apple stock?
Oil and natural gas prices remain in the doldrums, and the odds of an immediate turnaround look long indeed. But with these volatile markets, you can never say never. And while unlikely in the short term, there are a couple of wild card factors that could give energy markets a lift later this year.
The coming of car apps, car apps and more car apps. Drones in urban areas. Robo-writing software. Generation Z — a ready market for virtual reality.
The gloomy headlines about sinking oil prices never seem to end. But crude oil isn’t the only fossil fuel caught up in a bear market these days. Coal prices have also been sinking. And the long-term outlook for coal arguably looks a lot worse than that of oil.
What to expect in the year ahead? Big growth for small satellites, virtual reality and augmented reality. More industry uncertainty over Net neutrality. A step to the next level for smart watches. And more.
Congress throws the energy world some year-end curveballs. And are natural gas traders forecasting a change in the unseasonably warm weather that has been entrenched across the Eastern U.S. this season?
As 2015 draws to a close, we thought it would be fun to peer into the future, with an eye on technology. Consider this report The Kiplinger Letter’s communication from the Ghost of Technology Future.
What a wild week in the energy world! Crude oil, already in the doldrums, is selling off on renewed fears of oversupply in the market. Natural gas producers can’t give the stuff away. And world leaders just adopted a major agreement on reducing greenhouse gas emissions.
This week: A renewed focus on security. Technology to help you sleep. Hot holiday gifts. Plus an update on robots in the workplace.