It takes a lot of energy to keep the world humming along. Unfortunately for anyone trying to heat their home or fill up their gas tank, that energy is getting to be a wee bit more expensive lately. But as an investor, it’s actually been a pretty good ride. And that ride could be continuing throughout the year — both fundamentally and technically. Here’s J.C. Parets at All-Star Charts with a look at the relative break out potential in the energy sector.
The Telegraph (Andrew Critchlow): Aside from rising energy prices, that mess in Iraq could destroy the world’s economic growth.
Breakout! (Rick Newman): However, the chaos in Iraq won’t necessarily mean an immediate surge in oil prices.
New Scientist (Debora MacKenzie): The chaos is creating a problem in another way, though. All of Iraq’s major rivers and shipping ways have been captured by extremists.
Indexology (Jodie Gunzberg): That old car of yours may actually cost you more. Just look at the comparison of average car mileage and the S&P GSCI Unleaded Gasoline Index.
Greentech Media (Jeff St. John): Google (GOOG) gets ready to own the smart grid. The search giant is building software and hardware to get into the electrical grid.
Wired (Klint Finley): Electric car manufacturer Tesla (TSLA) could be crazy, or it could be offering the biggest move toward overall energy efficiency. Yesterday, Elon Musk announced that the company was giving up all Tesla patents.
Bloomberg View (Mohamed El-Erian): Apparently, the former PIMCO chief and market commentator loves Southwest Airlines (LUV).
Quartz (Mark DeCambre): Behold! The ATM of the future! Sorry tellers — you may be out of job soon. Chase unveils the electric banking kiosk.
The Washington Post (Jason Samenon): It’s Friday the 13th and There’s a bunch of weird, spooky stuff going down. Must be Friday the 13th!
