Thursday, November 28, 2024
Arctic

Caelus Energy Confirms Large-Scale Discovery on the North Slope of Alaska

New find could deliver significant oil production, jobs and state revenue Privately held Caelus Energy Alaska, LLC announced Tuesday that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. Based on two wells drilled in early 2016 as well as 126 square

Fossil Fuel Free ETF? Not Remotely Possible

Perusing the Inter-web, we found State Street Global Advisors SPDR S&P 500 FOSSIL FUEL FREE ETF, and just wondered “is that even possible.”  No.  Well, that didn’t take long. According to State Street: “The ETF Fund may purchase a subset of the securities in the “Index” in an effort to hold a portfolio of securities with generally the same risk