Midday Minute - July 16 - Energy
Natural gas stockpiles increase below forecasts
U.S. stockpiles of natural gas rose 90 billion cubic feet for the week ended July 10, the Department of Energy reported today. The results were below the 92 Bcf analysts expected but bigger than the five-year average increase of 88 billion, according to Bloomberg estimates.
Toyota in talks to supply hybrid car components to Mazda
Japanese automaker Toyota Motor Corp. may supply hybrid vehicles components to automaker rival Mazda Motor Corp., but no deal is confirmed yet, Reuters reported citing sources familiar with the matter.
U.S. - China to collaborate on energy efficient buildings
The U.S. and China signed a memorandum of understanding for the development of energy efficient building designs as well as examine policy incentives or regulatory reform to promote these efforts to reduce greenhouse gas emissions linked to climate change.
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