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Home2022December

Month: December 2022

Ukrainian
Electrical Generation / Utilities

; Kiev Plunged Into Darkness After ‘Massive’ Missile Attack; Ukrainian S-300 Lands In Belarus

December 29, 2022 Mariel Alumit

Ukraine has been hit with a “massive” attack of over 120 missiles across the country Thursday, its military and presidency’s office said. “December 29. Massive missiles attack… The enemy is attacking Ukraine from various directions […]

Electric Vehicles

Tesla Surges 7% After Morgan Stanley Calls Recent Sell Off “Opportunity”

December 29, 2022 Mariel Alumit

Morgan Stanley’s Adam Jonas was out yesterday lowering his price target on Tesla stock from $330 to $250, but maintaining his overweight rating on the name and arguing that the recent selloff in the name […]

Inflation
Finance

Slow Pace Of Balance Sheet Reduction Calls Into Question Fed’s Commitment To Inflation Fight

December 29, 2022 Mariel Alumit

Via SchiffGold.com, Most people have focused on Federal Reserve interest rate cuts as it battles price inflation. But there is another element in the inflation fight most people ignore – balance sheet reduction.   It […]

Crude Oil News

WTI Extends Losses After Small Crude Build, Gasoline Stocks Plunged Last Week

December 29, 2022 Mariel Alumit

Oil prices are lower this morning (despite a small crude draw reported by API overnight) amid concerns about a jump in Covid-19 cases after China suddenly rolled back pandemic rules (which is ironic because prices […]

Texas
Alternative Investments

Is $100 oil a passing fad? You would not believe who is quietly investing in Texas oil companies.

December 29, 2022 Mariel Alumit

Ok, one of the best Hollywood plot lines is “Follow the Money.” It seems like all of the best detectives follow the money and get their criminal. When you look at the ESG investing funds, […]

Ukraine
Aljazeera International

Why there won’t be a ‘Hollywood ending’ to the Ukraine war

December 29, 2022 Mariel Alumit

From: The Bottom Line As the Ukraine war becomes a “hurting stalemate” for both Russia and Ukraine, is the prospect of outright success for either side becoming impossible? Stephen Walt, a professor of international relations […]

winners
Finance

Wall Street’s biggest winners and losers in 2022

December 29, 2022 Mariel Alumit

New YorkCNN —  This hasn’t been a good year for the equities market. The S&P 500 is down nearly 20% and with two trading days left in the year, investors’ hopes of a miraculous recovery have […]

Exploration and Production

TotalEnergies stays in Gabon for another 25 years

December 29, 2022 Mariel Alumit

TotalEnergies’ unit in Gabon has signed a new exploitation and production sharing contract with the Gabonese government, as well as a deal to extend the Establishment Agreement. TotalEnergies EP Gabon has signed with the government […]

climate
Fossil

Doom isn’t inevitable: My top 10 climate lessons from 2022

December 29, 2022 Mariel Alumit

This is the Dec. 29, 2022, edition of Boiling Point, a weekly newsletter about climate change and the environment in California and the American West. Sign up here to get it in your inbox. Another year gone […]

HSBC
ESG

One big bank halts new fossil fuel investments. Will others follow?

December 29, 2022 Mariel Alumit

Europe has been dealing with an energy crisis for much of this year, but there’s been some recent good news on the climate front on the Continent. HSBC, Europe’s largest bank, announced this month it […]

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