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Home2023December

Month: December 2023

Big Oil Companies

Daily Energy Standup Episode #263 – Opt-Outs, Copper Surges, EV Challenges, and Global Transition Struggles

December 5, 2023 Andy Del Prado

Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant […]

Price
Finance

I Call them “Drunken Sailors,” But Are They? Can We Finally Get a Deal on a New or Used Vehicle? Is Inflation Moving in the Right Direction? And Other Stuff

December 4, 2023 Stu Turley

Wolf Richter interviewed on This Week in Money, a podcast by Howestreet.com Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug […]

Germany
Finance

Germany is the sick man of Europe – and the prognosis is grim

December 4, 2023 Mariel Alumit

Few countries are more aware than Germany of how important it is to keep public finances in order. But few countries have indulged in more creative accounting. As Germany’s highest court ruled current spending plans […]

Copper
Critical Minerals

Copper climbs to 11-week high on Panama mine risk, shortfall

December 4, 2023 Mariel Alumit

Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large mine in Panama and amid expectations of a widening ore supply deficit in 2024. The Panama government has […]

Energy
Coal

The Dangerous Futility of the Energy Transition in a Single Graphic

December 4, 2023 Mariel Alumit

During the 1980s-2000s, the U.S. and Europe intentionally transferred their manufacturing and industrial sectors to China. Since 2015, we have been intentionally transferring our energy security to China. The chart below illustrates the utter futility […]

Turbine
International News

Turbine Accident Statistics

December 4, 2023 Mariel Alumit

Summary of Wind Turbine Accident data to 30 September 2023 The table includes all documented cases of wind turbine related accidents and incidents which could be found and confirmed through press reports or official information […]

Natural gas
Electrical Generation / Utilities

Natural gas is now stronger than ever in the United States power sector

December 4, 2023 Mariel Alumit

This summer, natural gas covered almost half of United States electricity demand For the very first time, on 28 August 2023, the United States met more than of half of its electricity demand from natural […]

Chevron
Big Oil Companies

Chevron, Exxon opt out of funding COP28 methane-reduction fund

December 4, 2023 Mariel Alumit

(Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil […]

Gold
Finance

Gold price hits $2,100 for record high — and analysts don’t expect it to stop there

December 4, 2023 Mariel Alumit

Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday […]

Expensive
Electric Vehicles

Why Repairing Your EV Is So Expensive

December 4, 2023 Mariel Alumit

Electric-vehicle owners are finding a surprising downside to their new wheels: They tend to be expensive to repair after a crash. When Scott MacFiggen’s neighbor backed into his Rivian R1T pickup truck last summer, the […]

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