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Home2023May

Month: May 2023

Greg
Electric Vehicles

Greg Abbott Signs Law Making EV Owners Pay for Their Gas-Free Cars

May 25, 2023 Mariel Alumit

EV drivers in Texas don’t pay at the pump, but will have to start paying a significant annual fee that critics are calling “punitive.” Driving an electric vehicle in Texas is soon to become more […]

Biden
Climate Crisis

Biden climate warrior nominee who argued for higher energy prices has stake in oil and gas firm

May 25, 2023 Mariel Alumit

EXCLUSIVE: President Biden’s pick for a top Department of Transportation (DOT) post quietly disclosed a significant stake in an oil and gas development firm despite her past climate activism. Ann Carlson — an environmental law expert […]

electrical
Energy Transition

US electrical steel shortage threatens energy transition, recovery from power outages, groups warn Biden

May 25, 2023 Mariel Alumit

A shortage of electrical steel is challenging the transition to emissions-free vehicles, delaying power restoration after storms and slowing new home and commercial construction, electric utilities and other groups warned President Biden on Monday. Electrical steel is […]

BRICS
Crude Oil News

What Happens if Saudi Arabia Accepts BRICS Currency?

May 25, 2023 Mariel Alumit

The BRICS alliance is looking to create a new currency to settle international trade and dethrone the U.S. dollar from its global status. If the new BRICS currency gains the trust of other countries, the […]

Zero Edge

Germany Is Turning Against The EU’s Green New Deal, Common Sense To The Forefront

May 25, 2023 Mariel Alumit

Authored by Mike Shedlock via MishTalk.com, Fresh on the heels of a sensible request by France to pause new green regulations comes an even stronger pushback in Germany…   The Spectator asks Is Germany turning […]

Price
Investments

U.S. AAA Credit Rating Placed On Negative Watch As Debt-Ceiling Standoff Risks Default

May 25, 2023 Mariel Alumit

Fitch Ratings placed the United States’ AAA credit rating on negative watch, citing the risk of a sovereign default as debt-ceiling talks near the early June deadline. “The Rating Watch Negative reflects increased political partisanship […]

Zero Edge

Growing List Of Countries ‘Ready’ To Join F-16s For Ukraine Program

May 25, 2023 Mariel Alumit

Norway and Poland are the latest among an expanding list of NATO countries who say they are ready to begin training Ukrainian pilots on F-16 fighter jets, after US President Joe Biden announced approval to […]

Price
Investments

Dow Jones Futures Fall, But Techs Jump: Nvidia Surges On Earnings, Guidance, AI Stocks Rally

May 25, 2023 Mariel Alumit

Dow Jones futures fell slightly early Thursday, while S&P 500 futures rose and Nasdaq futures jumped. Nvidia (NVDA) skyrocketed late on booming artificial intelligence demand for its high-powered chips, lifting a variety of chip and […]

Geopolitical

Russia angered by visit to Norway of largest US aircraft carrier

May 25, 2023 Mariel Alumit

Russia has called a visit by the world’s biggest warship, the USS Gerald R Ford aircraft carrier, to Oslo in Norway an “illogical and harmful” show of force at a time of heightened tensions. In […]

Big Oil Companies

Daily Energy Standup Episode #131 – Protesters Fight for Climate Justice as Shell Shareholder Meeting Turns Tense

May 25, 2023 Andy Del Prado

Climate protesters dragged away from Shell shareholder meeting: ‘Go to hell!’ May 24, 2023 Mariel Alumit Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors […]

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