Crude Oil News
2024 Natural Gas Slump
Daily Standup Top Stories Russia Ramps Up Arctic Oil Tanker Shipping to a New Record September 25, 2024 Stu Turley 15 oil tankers have crossed the Arctic waters so far this year With a month to […]
Tesla
Climate Crisis
EV Market Meltdown: Consumers Reject The Pricey Cars As Demand Plummets
EV demand is crashing as the ‘deplorables’ and ‘bitter’ clingers of the industrialized world are rejecting the tony vehicles. Last week, the House approved a resolution to block the Biden administration’s emissions rule that would […]
Electric Vehicles
Tesla Model Y Now Just a Hair from #1 Bestselling Model in the US, Toyota RAV4. Former #1 Ford F-150 is #3. Stellantis Plunges off Greed Cliff. EV Share Rises to 9.0%
By Wolf Richter for WOLF STREET. The thing about Ford pickup trucks is that they used to be the #1 bestseller of all models in the US much of the time. Other full-size trucks were near the top […]
Finance
Rate Cut Mania Now Crushing Stocks after Whipping Stocks into Frenzy or Whatever. Mag 7 Down $2.5 Trillion from Peak, Nasdaq Bloodied, Semis Crushed
A 4% drop will put the Nasdaq back to Nov 2021. Amazon, Tesla, and Alphabet already back where they’d been 3 or 4 years ago. Nvidia -24% from peak. By Wolf Richter for WOLF STREET. Rate cuts are […]
Electric Vehicles
Why Is the West’s EV Industry So Far Behind China’s?
By Chloe Hadavas, a senior editor at Foreign Policy. Rows of cars are lined up next to a large blue and green ship. Cars are lined up next to the SAIC Anji Eternity, a vessel […]
Crude Oil News
Week Recap: From Peak Oil in China to Tesla Trends
Weekly Daily Standup Top Stories Is China’s Demand for Oil Nearing Its Peak? August 25, 2024 Stu Turley China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about […]
Electric Vehicles
Honda executives expose a cruel reality of the US EV market
Though it seems like a very new technology, the American auto market is acclimating to fully electric vehicles. According to data from Kelley Blue Book and Cox Automotive, over 330,463 EVs were sold in the second […]
Electric Vehicles
Tesla’s Price Cuts Spark Surge in Used Electric Vehicle Sales
Tesla’s price cuts have led to a 70% increase in used EV sales in the first half of 2024. The average price of a used EV has dropped below $30,000, making them more affordable than […]
Big Oil Companies
Exxon Projects 2050 Oil Demand
Daily Standup Top Stories State Rankings: Electric Vehicles per Capita in the United States August 25, 2024 Stu Turley California leads the nation in electric vehicle adoption, with over 1.1 million EVs and the highest per […]
Electric Vehicles
State Rankings: Electric Vehicles per Capita in the United States
California leads the nation in electric vehicle adoption, with over 1.1 million EVs and the highest per capita ownership. Washington, Hawaii, and Oregon follow California as EV adoption hotspots, while Mississippi and North Dakota lag […]