Daily Standup Top Stories What’s Next for Oil? Analysts Weigh In After Iran’s Attack April 15, 2024 Mariel Alumit Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in […] Israeli War […]
Continue ReadingDaily Standup Top Stories Wind farms are useless, says Duke of Edinburgh April 14, 2024 Stu Turley In a withering assault on the onshore wind turbine industry, the Duke said the farms were “a disgrace”. He also criticised the industry’s reliance on subsidies from electricity customers, claimed wind farms would “never work” […] Investors Bet On Further […]
Continue ReadingWeekly Daily Standup Top Stories Why gas prices in California ‘have gone ballistic’ April 6, 2024 Stu Turley Gas prices have been on the rise nationwide, but for California drivers, they’ve skyrocketed in a short amount of time. The Golden State’s average at the pump surged by $0.23 to $5.27 per gallon on Friday […] Critical impact — […]
Continue ReadingDaily Standup Top Stories Big oil and gas firms deepen investment in carbon capture April 10, 2024 Mariel Alumit Carbon capture companies find themselves in an odd position. They exist because of the threat of climate change, a problem created largely by fossil fuels. At the same time, the firms that extract and […] BRICS helping […]
Continue ReadingDaily Standup Top Stories The U.S. Urgently Needs a Bigger Grid. Here’s a Fast Solution. April 9, 2024 Stu Turley One of the biggest obstacles to expanding clean energy in the United States is a lack of power lines. Building new transmission lines can take a decade or more because of permitting delays and local […] Pipeline […]
Continue ReadingDaily Standup Top Stories Dimon Calls Push to Stop All Oil and Gas Enormously Naïve April 8, 2024 Mariel Alumit Jamie Dimon said US delays of liquefied natural gas projects were done for political reasons to pacify those who believe oil and gas projects should simply be stopped — a position he calls “wrong” and “enormously […] Environmentalists […]
Continue ReadingDaily Standup Top Stories California Emits More Greenhouse Gas Than All Other U.S. States Combined April 6, 2024 Stu Turley California, renowned for its stringent climate policies, has been identified as the leading emitter of sulfuryl fluoride, a potent but long-lasting greenhouse gas, according to a recent study published in Communications Earth & Environment. Sulfuryl […] Why […]
Continue ReadingWeekly Daily Standup Top Stories Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse March 29, 2024 Stu Turley Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the […] Solar […]
Continue ReadingDaily Standup Top Stories Buttigieg rejects critics of EV future: Like people in 2000s saying we could have landlines forever April 3, 2024 Mariel Alumit Transportation Secretary Pete Buttigieg rejected criticism of the Biden administration’s push for America to embrace a future where electric vehicles (EVs) overtake internal combustion engines, comparing the dynamic to that of landline phone […]
Continue ReadingDaily Standup Top Stories Mexico Curbs Oil Exports April 2, 2024 Mariel Alumit Mexico’s state-controlled oil company plans to halt some crude exports over the next few months, a move that would cut supply from a tightening global market. Petroleos Mexicanos, also called Pemex, canceled contracts to supply […] Coal phase-out: Germany shuts down 15 coal-fired power […]
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