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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Fossil
Energy Transition

At Current Pace, U.S. Will Eliminate Fossil Fuels In 170 Years

August 22, 2023 Mariel Alumit

The New York Times declared this week that a “profound shift” is taking place in America, which is “rapidly shifting away from fossil fuels.” This, the newspaper says, is also happening in Europe and elsewhere. From such […]

Prices
Crude Oil News

White House on Alert Over Rising Fuel Prices

August 22, 2023 Mariel Alumit

Rising gasoline prices in the US are starting to put pressure on the Biden administration in the run-up to next year’s election. The national average for regular unleaded gasoline was trading at $3.87 per gallon […]

Geopolitical

Kim Oversees Cruise Missile Test From Warship In Response To US Drills

August 22, 2023 Mariel Alumit

Days after the US, Japan, and South Korea sealed a new three-way security pact at a summit overseen by President Biden at Camp David, North Korea has ‘answered’ it with a fresh missile test Monday. […]

Finance

“Perfect Storm” Puts This Year’s European Gains At Risk

August 22, 2023 Mariel Alumit

By Michael Msika, Bloomberg Markets Live reporter and strategist August was expected to be a risky month, and so far it has delivered. Now technicals are starting to look shaky and investors are bulking up […]

Finance

Why The Fed May Need To Go To 6%

August 22, 2023 Mariel Alumit

Authored by Ven Ram, Bloomberg cross-asset strategist, Interest-rate traders reckon that the Federal Reserve won’t have to raise rates again in this cycle. They may be wrong. Here are some reasons why. The short-term real […]

BRICS

Can BRICS create a new world order?

August 22, 2023 Mariel Alumit

They are giant economies, with even bigger populations and still greater ambitions. Starting Tuesday, leaders of the group of nations known as the BRICS – Brazil, Russia, India, China and South Africa – are meeting […]

Coal

There’s More Coal Being Shipped By Sea Than Ever Before

August 22, 2023 Mariel Alumit

By Greg Miller of FreightWaves Clean, green renewables are on the rise. Coal, the dirtiest fuel, is dying. Or so the energy transition line goes. The reality, according to the International Energy Agency (IEA), is […]

US
Finance

More Than Half Of Small Businesses Believe The US Is Already In Recession

August 22, 2023 Mariel Alumit

Sorry economic miracle that is “Bidenomics” but the people just don’t buy it. According to the latest NFIB survey released on Monday, more than half of US small business owners believe the economy is already […]

Price
EIA News

Commercial energy use increased in eight states in 2021 over pre-pandemic levels

August 22, 2023 Mariel Alumit

August 22, 2023 Data source: U.S. Energy Information Administration, State Energy Data System More energy was consumed in the commercial sectors of eight U.S. states in 2021 than in 2019, before the COVID-19 pandemic. The […]

Blue hydrogen
Energy Transition

Critics question how climate-friendly an Appalachian ‘blue’ hydrogen hub will be

August 22, 2023 Mariel Alumit

​ Critics say a pair of proposals to make Appalachian Ohio part of regional hydrogen hubs is likely to benefit the state’s oil and gas industry more than the climate. The two proposals are among […]

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