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Home2023September

Month: September 2023

International News

Escobar: No Respite For France As A ‘New Africa’ Rises

September 6, 2023 Clark Savage

Authored by Pepe Escobar via The Cradle, Like dominos, African states are one by one falling outside the shackles of neocolonialism. Chad, Guinea, Mali, Burkina Faso, Niger, and now Gabon are saying ‘non’ to France’s […]

Electrical Generation / Utilities

In unexpected move, New Hampshire utilities voice support for solar net metering

September 6, 2023 Clark Savage

​ New Hampshire’s electric utilities have come out in favor of continuing the state’s current system for compensating customers who share surplus solar power on the grid. Eversource, Unitil, and Liberty Utilities surprised clean energy […]

Finance

Six Red Flags Pointing To China’s Economic Slowdown

September 6, 2023 Clark Savage

The People’s Republic of China is the world’s second-largest economy, responsible for one quarter of global GDP growth this millennium – so when the country catches a cold, the world notices. The past several months […]

Crude Oil News

Daily Energy Standup Episode #202 – Energy Trends: EU’s Russian LNG Purchases, Oil Production Cuts, and EV Subsidy Concerns

September 6, 2023 Clark Savage

Daily Standup Top Stories EU purchases of Russian LNG up 40% compared to pre-war levels, new study finds September 5, 2023 Mariel Alumit The European Union vowed to drastically cut imports of gas from Moscow over […]

Crude Oil News

Saudi Arabia, Russia extend voluntary oil cuts to year-end, markets jump

September 5, 2023 Clark Savage

Extensions come despite oil rally, fresh blow to Biden Riyadh extends 1 mln bpd cuts to end-2023 Moscow extends 300,000 bpd cuts to year-end Both to review cuts monthly, may deepen or boost DUBAI, Sept […]

Fed
Electric Vehicles

Federal subsidies for EV’s could result in economic disaster

September 5, 2023 Clark Savage

“Modern-day socialists obtain their goals not by nationalization of companies but through regulation. In this case, auto manufacturers must go all-out for EVs, even though there’s no credible evidence that getting rid of fossil fuels […]

Alberta
Electrical Generation / Utilities

INCONVENIENT TRUTH: Alberta power grid barely avoids crash, nat gas saves the day

September 5, 2023 Clark Savage

It was a close call. And the warning lights are flashing after Alberta’s electricity grid barely avoided crashing on Monday, following a near perfect storm of high temperatures and low wind that forced the Alberta […]

Texas
ESG

Texas Land Commissioner Says New Federal Regulation May ‘Cripple’ Oil and Gas

September 5, 2023 Clark Savage

Texas Land Commissioner Dawn Buckingham is concerned that a recent push from the U.S. Fish and Wildlife Service may lead to problems for the state’s oil and gas industry. The federal agency proposed in July […]

CHEVRON
Big Oil Companies

CHEVRON ACQUIRES OVER 77 ACRES IN BRIDGELAND CENTRAL®

September 5, 2023 Clark Savage

HOUSTON, Sept. 5, 2023 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) announced today that Chevron U.S.A. Inc. has purchased over 77 acres in Bridgeland Central®, the award-winning master planned community of Bridgeland®. The acquisition signals continued growth for the Howard Hughes […]

renewable
Finance

US doubles renewable subsidies to $15.6 billion in last seven years, EIA says

September 5, 2023 Clark Savage

Aug 2 (Reuters) – U.S. subsidies for renewable energy producers more than doubled between 2016 and 2022, forming nearly half of all federal energy-related support in that period, a U.S. government report released on Tuesday […]

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