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Home2024July

Month: July 2024

South China Sea
Geopolitical

China and the U.S. Are Careening Toward a South China Sea Crisis

July 24, 2024 Mariel Alumit

A failure of deterrence risks pushing the region into deeper conflict. Last November’s summit between U.S. President Joe Biden and Chinese President Xi Jinping in Woodside, California, was hailed as a harbinger of progress in […]

Ohio
Climate Crisis

Ohio advocates seek to ‘Trump-proof’ recent gains made on clean energy and climate

July 24, 2024 Mariel Alumit

  Advocates in Ohio are stepping up their clean energy efforts in response to the Republican party platform and Project 2025, which detail how a second Trump administration would promote fossil fuels while cutting back […]

Climate Crisis

Day 1 Kamala Harris Will Kill Oil and Energy

July 24, 2024 Andy Del Prado

Daily Standup Top Stories Kamala Harris: ‘No question’ I Would Ban Fracking July 23, 2024 Mariel Alumit The reality is that Kamala Harris has made her position on fracking perfectly clear. Source: Realclearenergy.org Take the Survey […]

Mortgage Rates
Finance

Here Comes the Inventory of Vacant Homes: With Buyers on Strike despite Lower Mortgage Rates, Supply Spikes to Highest in 4 Years. Sales Drop Further except at High End

July 23, 2024 Mariel Alumit

A game-changer is underway. Even the NAR concedes this “shift from a seller’s market to a buyer’s market.” By Wolf Richter for WOLF STREET. Mortgage rates have dropped to about 6.8%, down by a full percentage point from […]

Kamala Harris
Energy Policy

Kamala Harris: ‘No question’ I Would Ban Fracking

July 23, 2024 Mariel Alumit

The reality is that Kamala Harris has made her position on fracking perfectly clear. Source: Realclearenergy.org Take the Survey at https://survey.energynewsbeat.com/ 1031 Exchange E-Book Crude Oil, LNG, Jet Fuel price quote ENB Top News  ENB […]

Oil Prices
Crude Oil News

Oil Prices Under Pressure Despite Bullish Catalysts

July 23, 2024 Mariel Alumit

Oil prices have been in decline this week despite rising geopolitical risks, with markets seeming to be focused primarily on Joe Biden’s decision to drop out of the presidential race. – The Asian oil market […]

crude oil exports
Crude Oil News

U.S. Commands Higher Prices for Crude Amid Growing Global Oil Market Influence

July 23, 2024 Mariel Alumit

The discount of WTI Crude to the international benchmark Brent Crude has dropped from nearly $20 per barrel in the early 2010s to below $3 a barrel today. Increased domestic offtake capacity and better pipeline […]

UK
Climate Crisis

UK climate strategy under scrutiny at landmark court case

July 23, 2024 Mariel Alumit

  The British government on Tuesday (23 July) faces an unprecedented legal challenge for allegedly failing to protect people, property and infrastructure from the likely effects of climate change. Environmental campaigners Friends of the Earth […]

Crude Oil News

Iran’s tankers double down on concealment efforts post-sanctions

July 23, 2024 Mariel Alumit

Analysis of satellite and AIS data shows these ships still play a role in Iran’s oil sector, but experts insist the financial restrictions are nonetheless degrading Iran’s capabilities IT IS no secret that tankers engaged […]

output
Crude Oil News

Economy faces threats with 1.4m bpd crude output

July 23, 2024 Mariel Alumit

THE outlook for Nigeria’s oil output, including condensate, remains gloomy at 1.4 million barrels per day, mbpd, in the second half of 2024, according to industry data and forecast. The output forecast is far below the 1.8mbpd […]

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