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Home2024October

Month: October 2024

Florida
Finance

Florida Housing Market Buckles, Listing Prices Sag to 30-Month Low but Are Still Way Too High, Inventory Piles Up, Institutional Investors Turn into Net Sellers

October 8, 2024 Stu Turley

He who panics first, panics best. Mr. Holmes, with no offers in 9 months, missed that train and is chasing prices lower. By Wolf Richter for WOLF STREET. So let’s use the example of “Anthony Holmes,” cited by […]

Fisker's Bankruptcy
Bankruptcy

SEC, DOJ Raise Objections To EV Maker Fisker’s Bankruptcy Proceedings

October 8, 2024 Mariel Alumit

Electric vehicle (EV) manufacturer Fisker Inc. is under investigation by the U.S. Securities and Exchange Commission (SEC) and faces formal objections from the U.S. Department of Justice (DOJ) over its Chapter 11 bankruptcy proceedings. The company filed […]

Pennsylvania
Energy Policy

Energy Issues Vital To Pennsylvania Voters

October 8, 2024 Mariel Alumit

The Commonwealth of Pennsylvania is ground zero for selecting the next president of the United States. We know that energy affordability is a key issue to voters in making this decision. Data compiled by The […]

DOE
Electrical Generation / Utilities

The DOE Is Stonewalling On Residential Energy Costs And Its Electrify Everything Push

October 8, 2024 Mariel Alumit

In 2022, the Biden administration held an “electrification summit” at the White House. The goal of the meeting, which included top White House officials, as well as leaders of various NGOs, including the American Federation […]

Republicans
Energy Policy

Republicans Most Trusted on Energy Policy as U.S. Election Nears—But Barely

October 8, 2024 Mariel Alumit

Energy has become a hot-button issue as voters prepare to head to the polls, with Republicans gaining a narrow upperhand. According to a recent Rasmussen poll, 82% of likely U.S. voters see energy policy as an important […]

Crude Oil News

Iran Is Still Shipping Crude Oil From Key Kharg Island Terminal

October 8, 2024 Stu Turley

Three tankers moored at Iran’s main export port this morning Ships left anchorage shortly after the missile strike on Israel Iran is still exporting crude from its main Kharg Island terminal even after a flotilla […]

developing countries
Energy Crisis

The ‘green agendas’ of the developed world are killing the growth of developing countries

October 8, 2024 Mariel Alumit

Developing countries face significant challenges in achieving their primary goals of poverty alleviation, reducing unemployment, and minimizing inequality. About 80% of the global population of 8 billion people live in less developed countries. Much of Africa […]

Ukraine
Crude Oil News

Ukraine Strikes Key Crimean Oil Terminal in Overnight Raid

October 8, 2024 Mariel Alumit

Ukraine launched a successful drone and missile attack on a major Russian oil terminal in Feodosia, Crimea. Russia confirmed the attack and stated that 12 Ukrainian drones were downed out of 21 deployed. Russian Foreign […]

Oil Prices
Crude Oil News

Oil Prices Under Pressure as Supply Disruptions Fail to Materialize

October 8, 2024 Mariel Alumit

Oil prices tumbled early on Tuesday morning, with traders refocusing on fundamentals despite the continued geopolitical risk and threats of a full-blown war in the Middle East. – China’s announcement of more economic stimulus to the […]

Finance

Green Hydrogen Will Be Far Costlier Than Estimated, Harvard Scientists Find

October 8, 2024 Stu Turley

The actual cost of using green hydrogen, touted as a future low-carbon solution, is at risk of being higher than projected, according to a new study. That would limit its utility to effectively replace fossil fuels. […]

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