Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory, Short-Term Energy Outlook Eight new natural gas-fired combined-cycle gas turbine (CCGT) power plants have come online or will come online in the United States this year. These new […]
Marathon Oil has entered into a purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3 billion. The transaction is subject to customary terms and conditions, including closing […]
Among the growing list of many companies bracing for layoffs is now Wells Fargo, who has seen their U.S. loan volumes “collapse”. The fall off in loan volume has left some workers “idle”, according to […]
The Norwegian government says it bears no responsibility for refugees and migrants rescued in the Mediterranean Sea on board boats flying the country’s national flag, after Italy called on Norway and Germany to take charge […]
Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Biden administration’s attempt to block depositions of several key officials was turned down Nov. 2 by a U.S. judge. U.S. Surgeon General Dr. Vivek […]
By Charles Kennedy of OilPrice.com Natural gas consumption in China may fall this year for the first time in two decades, albeit moderately, because of the slowdown in the economy, Reuters has reported, citing officials […]
The Bureau of Lies and Statistics has done it again: at a time when the best paying tech companies are mass laying off double-digits of their workforce (just ask Twitter today)… … and even left-leaning, […]
As The Fed has tightened monetary policy at its most aggressive pace in over 40 years, real rates in the US have soared (back into strong positive territory). Historically, that has reduced demand for gold […]
Update (1045ET): In a Friday tweet shortly ahead of the planned 9am mass layoffs, Musk says that advertisers are bailing due to pressure from activists, which has led to a ‘massive drop in revenue’ despite […]
By George Lei, Bloomberg markets live reporter and analyst The Chinese yuan, trading both onshore and offshore, posted the biggest daily rally in decades. The offshore yuan advanced more than 2% versus the dollar at […]
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