By Rob Verdonck
Aug. 7 (Bloomberg) -- Crude oil fell for a second day as falling equity markets reinforced concerns that a pickup in economic activity and demand for fuels will be slow in coming.
President Barack Obama’s push for wind and solar energy to wean the U.S. from foreign oil carries a hidden cost: overburdening the nation’s electrical grid and increasing the threat of blackouts.
To contact the reporter on this story: Rob Verdonck in London rverdonck@bloomberg.net
Posts
No comments:
Post a Comment