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Home2022December

Month: December 2022

IEA
Aljazeera International

EU could face gas shortage next year, IEA warns

December 12, 2022 Mariel Alumit

The heads of the International Energy Agency (IEA) and the European Union’s executive branch have said that the 27-nation bloc is expected to successfully weather an energy crisis this winter. Speaking at a news conference […]

Inflation
Zero Edge

NY Fed 1-Year Inflation Expectations Plunge At Fastest Pace On Record To Lowest Since 2021

December 12, 2022 Mariel Alumit

With long-term inflation expectations (those 3-Years ahead or more) peaking more than a year ago, and even shorter inflation expectations – at least according to the NY Fed Survey of consumers – now sliding after […]

Supply
Industry Insights

Aussie Net Zero Insanity: Shell Suspends East Coast Gas Supply Agreement

December 12, 2022 Mariel Alumit

​ Essay by Eric Worrall Gas companies appear to be hinting they might halt exploration and drilling in Australia, unless the government backs off from imposing price controls. East coast gas supply pact at risk […]

UK
Industry Insights

UK Peak Demands for Natural Gas

December 12, 2022 Mariel Alumit

​ From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood h/t Joe Public Natural gas accounts for 43% of the UK’s primary energy consumption. In comparison, renewable energy only supplies 4%. Our reliance […]

energy
Energy Crisis

‘Like an oilwell in your back yard’: Irish people turn to cutting peat to save on energy bills

December 12, 2022 Mariel Alumit

This was supposed to be the year Ireland got serious about protecting its bogs but some of those hopes are wafting up in smoke as households burn peat to save on energy bills. The soaring cost of […]

Global
Coal

Mapped: Global Energy Prices, by Country in 2022

December 12, 2022 Mariel Alumit

Mapped: Global Energy Prices, by Country in 2022 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. For some countries, energy […]

Biden
Critical Minerals

Exclusive: Behind Biden’s overseas mining funding

December 12, 2022 Mariel Alumit

The Biden administration is looking at funding roughly a dozen mineral projects overseas in a bid for more resources used in lower-carbon technologies. Why it matters: Supporting more mining overseas could ease a raw material squeeze […]

Offshore
Offshore

Equinor Wins Offshore Wind Lease In California

December 12, 2022 Mariel Alumit

Norwegian energy major Equinor was one of the provisional winners of an offshore wind lease area on the Outer Continental Shelf off California. Five leases were offered by the Bureau of Ocean Energy Management in […]

US economy
Finance

Jamie Dimon worries about the ‘extraordinary’ dangers posed by the Ukraine war. ‘I would definitely be preparing for it to get much worse’

December 12, 2022 Mariel Alumit

Europe may have been spared from an extreme energy crisis this year, but the head of one of the world’s largest banks is worried about what’s next. Through a mix of unseasonably warm weather so far this winter and low […]

Governor
Electric Vehicles

Governor Hochul Announces New Electric Vehicle Fast Charging Stations Along Major Travel Corridor Between Mid-Hudson and Western New York Regions

December 12, 2022 Mariel Alumit

Governor Kathy Hochul today announced that a dozen new electric vehicle fast chargers have been deployed along the primary travel corridor from the Southern Tier to Western New York. The new chargers will ensure that […]

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