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Home2024August

Month: August 2024

PPI
Finance

Services PPI & Core PPI YoY Were Pushed Down by Extreme Base Effect That’ll Flip Next Month for Rest of 2024

August 13, 2024 Stu Turley

Whiplash-causing month-to-month services PPI fell in July after hot readings in prior months. Core goods PPI is well-behaved. By Wolf Richter for WOLF STREET. The sharp deceleration on a year-over-year basis of the core Producer Price Index and […]

Geopolitical

Ukraine and Russia Plan to Keep Gas Flowing Amid Fighting

August 13, 2024 Stu Turley

Fears of disruption to supplies have driven up European prices Gazprom’s flows via Ukraine have so far remained stable Russia and Ukraine intend to keep pipeline gas flowing to Europe even as fighting continues near […]

Germany
Finance

“Germany’s deindustrialization has begun”

August 13, 2024 Clark Savage

The number of industrial companies considering moving away from Germany is constantly increasing, as a new survey shows. The situation is particularly dramatic among large companies. The anger is directed at the traffic light coalition, […]

Oil Prices
Crude Oil News

Oil Prices Under Pressure Despite Continued Geopolitical Uncertainty

August 13, 2024 Clark Savage

Oil prices are under pressure from continued demand concerns but geopolitical risks and the recent rally from last week’s crash means Brent is still sitting comfortably above the psychologically-important $80 mark. – Ukraine’s incursion into […]

Harris
Crude Oil News

In Pennsylvania, Harris can’t shake her anti-fracking past

August 13, 2024 Clark Savage

ATLASBURG, Pa. — After years of positioning herself as a climate crusader and ardent opponent of fracking, Kamala Harris has avoided mention of such credentials in this must-win state for Democrats, where natural gas drives the economy, culture and everyday […]

Trump
International News

Trump outlines hopes for relations with Putin

August 13, 2024 Stu Turley

  If reelected, the former president has said he expects to get along with “tough characters” It is “a good thing” for US presidents to get along with foreign leaders, even if Washington disagrees with […]

Hungary
Press

Hungary continues Commissioner fight, Brussels must resist

August 13, 2024 Stu Turley

  Though Hungary has missed out on a top European Commissioner job, its government has made clear it is not giving up the fight, with Prime Minister Viktor Orbán again nominating Olivér Várhelyi as EU […]

Cheniere’s Corpus Christi
Energy Regulations

Cheniere’s Corpus Christi seeks approval to place supply line facilities in service

August 13, 2024 Clark Savage

Last year, FERC approved construction of the terminal supply line facilities. These facilities include a pig launcher adjacent to the ADCC custody meter, a pipe originating at the pig launcher site and terminating at pig […]

Hydrogen
ENB Pub Note

“Green” Hydrogen Subsidies Are 1,900x Larger Than What’s Given To Nuclear

August 13, 2024 Clark Savage

ENB Pub Note: Please follow Robert Bryce on his Substack for great commentary and throught leadership in the industry. I have enjoyed my conversations with Robert and he is a great friend to the show. […]

EVs
Electric Vehicles

EVs drive used car boom

August 13, 2024 Clark Savage

In the second quarter of 2024, the UK used car market grew by 7.2%, marking the sixth consecutive quarter of growth. Sales of used battery electric vehicles (BEVs) increased by 52.6%, reaching a market share […]

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