Wolf Richter has over twenty years of C-level operations and finance experience, including turnaround situations and startups. He went to school (BA, MA, MBA) and worked for two decades in Texas and Oklahoma, and after an interlude in France, lived in New York City, Brussels, Tokyo, and finally San Francisco.
On his blog, he muses on economic, business, energy, and financial issues, debt crises, and other things that catch his eye in the US, Europe, Japan, and occasionally China.
He is the author of BIG LIKE: CASCADE INTO AN ODYSSEY, a “funny as hell non-fiction book about wanderlust and traveling abroad,” a reader tweeted. The story of an almost regular guy who loses his moorings in Japan. Available on Amazon.com.
The price of oil has bounced 20% since January 29 when the benchmark West Texas Intermediate had dipped below $44 a barrel, but according to…
Meltdowns have almost no probability of occurring, we’re told incessantly; nuclear energy is not only cheap but safe. So, there are currently 434 active reactors…
The photovoltaic industry is in a perverse situation. To make power generation from solar competitive, prices of solar panels had to come down. Tens of…
It was announced Friday afternoon, when no one was supposed to pay attention: after years of controversy, heated rhetoric, intense lobbying, and stiff opposition from…
Bubbles are a funny thing. Participants don’t see them. Outsiders shake their heads – until they themselves get sucked in. Central banks support or create…
Engineers around the world have done a great job developing nuclear technologies to serve mankind’s many endeavors: medical devices, power generators, naval propulsion systems, or…
Catastrophic nuclear accidents, like Chernobyl in 1986 or Fukushima No. 1 in 2011, are very rare, we’re incessantly told, and their probability of occurring infinitesimal.…
The California Division of Occupational Safety & Health just slammed Chevron (NZSE: CVX) with massive, record-breaking penalties related to the refinery in Richmond, California—the one…
The “Blackest Day,” is how The Economist called January 12 when the Air Quality Index (AQI) in Beijing rose to a record 755. It was…
Much digital ink has been spilled about the oil and gas boom in the US, the result of ever improving fracking technologies, and whether or…
Corporate subsidies, in an era of fiscal-cliff attacks on Social Security and Medicare, have dodged attention despite their magnitude and absurdity. Take the renewable-fuels subsidy…
On March 14, I shredded the natural gas components of the government’s Blueprint, a document that spelled out its energy policy, because it relied on…
Why would France suddenly prohibit shale gas exploration? Sure, there are environmental issues with horizontal drilling and hydraulic fracturing, the methods used to extract gas…