September 29, 2022 Data source: U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey (CBECS) According to our recently released 2018 Commercial Buildings Energy Consumption Survey (CBECS), the total floorspace in commercial buildings has increased […]
September 28, 2022 Data source: California Independent System Operator (CAISO) During an extreme heat wave in early September, California’s power grid had trouble meeting record-breaking electricity demand as consumers turned up their air conditioning to […]
Nord Stream said the destruction of three separate gas pipelines in the Baltic which it operated was unprecedented, and it was not possible at this time to estimate when the pipelines might be repaired and […]
Russia will likely propose a cut of 1 million barrels per day in production output at the next OPEC+ meeting, according to a new report from Reuters. The report came on the heels of comments […]
On Sunday RWE, a German utility company, announced it has cemented a deal with Abu Dhabi National Oil Company (ADNOC) for the supply of Liquid Natural Gas (LNG). However, indicative of the tightness of the […]
Stocks were mixed at the close Tuesday, as the S&P 500 settled to a new 2022 low, and the Dow Jones Industrial Average fell even deeper into a bear market, after a day of tumultuous […]
A new Bloomberg report reveals Apple has dropped plans to increase production of its new iPhones, as demand failed to materialize. The company has requested that suppliers cease all efforts to increase assembly of the […]
US stocks rallied Wednesday and Treasury yields retreated as investors were buoyed by a surprise decision by the Bank of England. The S&P 500 rose nearly 2% as the Dow Jones Industrial Average was up […]
UK banks have begun withdrawing mortgage products due to rapidly rising interest rates, and that has triggered a steady decline in home sales. According to data compiled by Moneyfacts Group, there was a 9% drop […]
Germany’s food producers are warning that rising energy prices may soon force them to shut their doors. The German Frozen Food Institute and the Association of German Cold Storage and Logistics Companies recently released an […]
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