India LOVES Russian Oil

Daily Standup Top Stories States are acting to prevent their own electricity crisis April 16, 2024 Stu Turley The Wall Street Journal editorial board warned recently that the Biden Administration’s climate agenda is forcing the retirement of fossil-fueled power plants that supply almost 60 percent of U.S. electricity.  These power plants are essential to satisfy America’s rapidly […] Top Indian Refiner […]

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Nuclear Solutions & Global Risks?!

Daily Standup Top Stories Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall March 27, 2024 Mariel Alumit Between March 15 and March 21, the six members of the Joint Budget Committee — the group of lawmakers in charge of drafting Colorado’s spending plan — found themselves with a problem. With just over […]

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Daily Energy Standup Episode #329 – California Prices Surge, Biden Budget Impact, Shell\’s Shift, and Currency Changes

Daily Standup Top Stories Exploding Energy Prices in California March 13, 2024 Mariel Alumit “California leaders know that rising prices are a huge problem. The state is now considering a plan to tie utility rates to personal income so that the rich pay more and low-income residents pay less. Costly California […] Shell considers slowing pace of carbon emissions […]

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Daily Energy Standup Episode #313 – Wind Farms Paid to Stay Offline and China\’s Real Estate Woes: Affecting Oil Demand Dynamics

Daily Standup Top Stories Two Wind Farms Received Over $100 Million To Switch Off February 20, 2024 Mariel Alumit Regular readers will know that I have long been concerned over the extraordinary level of payments to wind farms to switch off. These so-called ‘constraint payments’ are deemed necessary when the wires in the transmission […] The Kremlin […]

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Daily Energy Standup Episode #311 – EV Market Slump, California Oil Battles, and Nuclear Power Advancements

Daily Standup Top Stories Even the World’s Biggest Electric-Vehicle Market Is Slowing February 18, 2024 Stu Turley HONG KONG—Chinese electric-vehicle makers that enjoyed years of explosive growth now face a slowdown in domestic demand, spurring them to push overseas and challenge global auto giants already struggling with a transition to battery-powered cars. A subsidies-driven […] China’s stock market collapse […]

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Daily Energy Standup Episode #306 – Solar Expansion, Oil Deals, LNG Pressure, and Legislative Battles

Daily Standup Top Stories Biden plan will earmark millions of acres of public land for solar development February 11, 2024 Stu Turley On Jan. 17, the Biden administration unveiled a draft analysis of a plan that identifies millions of acres of public land as suitable for utility-scale solar development across 11 Western states — and millions more […]

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Daily Energy Standup Episode #303 – Coal\’s Resurgence, EV Challenges, and BP\’s Strategy

Daily Standup Top Stories Biden Makes Coal Great Again As Exports Soar To India February 6, 2024 Stu Turley US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of 32.5 million metric tons of the high-polluting power fuel, according to Reuters, citing data from ship-tracking firm Kpler. These […] Why Americans […]

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Daily Energy Standup Episode #284 – Russia Expands BRICs, LNG Approvals Warning, and Germany\’s Economic Collapse

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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