Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary […] US funding bill blocks […]
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Daily Standup Top Stories Visualizing the Rise of the U.S. as Top Crude Oil Producer February 13, 2024 Mariel Alumit Visualizing the Rise of the U.S. as Top Crude Oil Producer This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week. Over […] OPEC […]
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Daily Standup Top Stories After scrapping nuclear reactors, Germany to spend billions on new gas power plants February 5, 2024 Mariel Alumit Berlin has agreed to spend €16 billion to build four major natural gas plants to meet electricity demand in a major overhaul of the country’s energy grid. In a statement Monday, officials said the […]
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Daily Standup Top Stories Wind Farms Are Overstating Their Output — And Consumers Are Paying For It February 3, 2024 Stu Turley Dozens of British wind farms run by some of Europe’s largest energy companies have routinely overestimated how much power they’ll produce, adding millions of pounds a year to consumers’ electricity bills, according to market […]
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Daily Standup Top Stories You’ll Have to Pay to Use the Highway. Blame EVs. January 29, 2024 Stu Turley When Europe last year agreed that by 2035 all cars sold in the region would be zero-emissions (read: electric), the most obvious question in my mind was: Who would pay for that? Because gasoline and […] Wind turbine […]
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Daily Standup Top Stories 2023 – The Year The Renewables Bubble Burst January 20, 2024 Stu Turley In 2023. clean energy witnessed one of the toughest years in its short history. Supply chain issues, the energy crisis post Russia’s invasion of Ukraine and the ensuing ramp of interest rates and inflation hit […] California Solar Industry Faces […]
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Daily Standup Weekly Top Stories Would you buy a Ford self-driving car that would automatically drive to a repo company if you missed a payment? January 13, 2024 Stu Turley Would you buy a Ford self-driving car that would automatically drive to a repo company if you missed a payment? Ford is on time for in […]
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Daily Standup Top Stories LNG Tankers Divert From Red Sea as Qatar Warns of Escalation January 16, 2024 Stu Turley Qatar rerouted three vessels heading to Europe via Suez Canal Russia also avoiding key waterway as Houthi attacks continue Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk […] No […]
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Daily Standup Top Stories Hertz cites weak demand, high damage costs in decision to downsize EV fleet January 11, 2024 Mariel Alumit Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of the total, in the latest sign that the EV revolution is stalling amid weak […]
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Daily Standup Top Stories Houthis fire their greatest barrage of weapons to date in the ongoing Red Sea shipping crisis January 10, 2024 Mariel Alumit The Houthis launched their largest attack so far yesterday evening. According to the US military the “complex attack” consisted of 18 attack drones, two anti-ship cruise missiles, and one anti-ship ballistic […]
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