The US nuclear revival has taken a further step with the recent announcement of the guarantee for loans underlining the importance of nuclear energy in US.

On September 15 2006, China declared a reduction in tax incentives for several exporters. This announcement came from China shortly after the release of data that showed a record $18.8 Billion trade surplus in the month of August (2006).

The US market for biodiesel grew by 50% from 2004 to 2005. In the first half of 2006, the demand for biodiesel was so high that even 50 existing biodiesel plants couldn't keep up with the pace. More than 55 new plants are under construction and are anticipated to start the production between late 2006 & 2008.

Energy hungry China is now preparing to dump coal for LNG. The country is building LNG terminals and importing LNG from other countries to curtail its oil dependence and greenhouse gas emissions.

The performance of the steel sector has always been pivotal to the success of the Chinese economy. The developments in the steel sector have widespread ramifications for the overall health of the rapidly growing

Production as well as consumption of Ethanol skyrocketed in June '06. This was mainly due to the continuing rise in the number of Ethanol pumps and increasing number of people becoming conscious about helping their country to reduce its reliance on oil.