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Home2022August

Month: August 2022

Elon Musk
Finance

Elon Musk Announces 500 Mile Semi To Ship This Year, Cybertruck Next Year The Daily Financial Trends

August 11, 2022 Stu Turley

Tesla CEO Elon Musk tweeted Wednesday that the electric automaker will begin shipping its 500 mile range Semi Truck to customers this year, and deliveries of the company’s Cybertruck will begin next year. Tesla Semis […]

China’s Cities Face Tough Choice More Green Energy or Food - So will the rest of the world
Climate Crisis

China’s Cities Face Tough Choice: More Green Energy or Food – So will the rest of the world

August 11, 2022 Stu Turley

China’s plans to accelerate its world-leading expansion of solar and wind power are facing a major hurdle as floods, droughts and food-supply issues present authorities with a reality check about how much precious farmland the nation can afford to […]

No Picture
International News

Natural resource sector can play key role in India’s growth: Vedanta chairman

August 11, 2022

“The natural resource sector will play a pivotal role in India’s growth and employment story as the nation strives to become Aatmanirbhar. Even small policy reforms can unleash the true potential of this sector,” Agarwal […]

Inflation Reduction Act
Climate Crisis

Green Jet Fuel Is Causing Problems For Biden’s Inflation Reduction Act

August 10, 2022 Mariel Alumit

The Inflation Reduction Act budget reconciliation bill has passed the Senate and will now move for approval in the House. As well as extending the existing biodiesel and renewable diesel tax credit, the bill provides […]

Freeport LNG
Exports

EXCLUSIVE Freeport LNG retracts force majeure, widening losses for gas buyers – sources

August 10, 2022 Mariel Alumit

LONDON, Aug 10 (Reuters) – Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June, a development that could cost its buyers billions of dollars in […]

EIA
US Energy News

EIA expects a 2.4% increase in total U.S. electricity consumption in 2022

August 10, 2022 Mariel Alumit

The U.S. Energy Information Administration (EIA) expects U.S. electricity consumption this year to increase 2.4% over 2021, resulting primarily from increased economic activity but also from hot summer weather throughout most of the country. According […]

Crude
Crude Oil News

Crude oil futures rangebound amid lack of fresh cues

August 10, 2022 Mariel Alumit

Crude oil futures were mostly steady in mid-morning Asian trade Aug. 10 as prices continued to drift sideways amid an uncertain demand outlook, though some support was seen from a suspension of Russian oil flows […]

EDF
International News

EDF files $8.5 billion claim from state as power prices hit records

August 10, 2022 Mariel Alumit

EDF has filed a legal claim for Eur8.34 billion ($8.54 billion) compensation from the French state for the additional allocation of 20 TWh electricity to be sold in 2022 at the regulated ARENH price, the […]

Stocks - NYSE - ENB
Finance

Market Metrics Historically Presage A Big Move, Maybe Up, But More Likely Down

August 10, 2022 Stu Turley

As investors try to figure out if the market has reached its bottom, analysts at Jefferies Equity Research & Strategy issued a weekend note in which they pointed out that the recent pace of the […]

Musk
The Daily Financial Trends

Musk Responds To Twitter’s Suit, Claims Bots Twice As Many As Twitter Claims

August 10, 2022 Stu Turley

Elon Musk has responded to Twitter’s suit seeking to force him to follow through on his $44 billion purchase agreement with the social media giant. In his response to the suit, which includes counter-claims, Musk […]

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