August 12, 2024
“U.S. crude oil closed below $73 per barrel, the lowest settlement since Feb. 5…” https://www.cnbc.com/2024/08/05/crude-oil-prices-today.html
August 6, 2024
“Exxon earnings beat as the acquisition of Pioneer drove record production Production grew by 15%, or 574,000 barrels per day, to 4.4 million barrels per day from the first quarter. The Pioneer deal contributed $500 million to Exxon’s earnings…” https://www.cnbc.com/2024/08/02/exxonmobil-xom-earnings-q2-2024-.html
July 25, 2024
“As Donald Trump accepted the GOP presidential nomination last Thursday, he reminded the megawealthy coterie of oil tycoons backing him why he is their man. “We have more liquid gold under our feet than any other country by far, we are a… Continue Reading…
“Oil market ‘oversold’? Analysts and traders pin crude’s price plunge on demand, trading strategies”
June 6, 2024
“… …” https://www.cnbc.com/2024/06/05/oil-market-oversold-analysts-and-traders-on-crudes-price-plunge.html The cost of energy is going to keep going up over time not down. America needs to become energy independent. Then prices will not only fall but stay low.
May 7, 2024
“Microsoft has signed a deal with Brookfield Asset Management to invest more than $10 billion to develop renewable energy capacity to power the growing demand for artificial intelligence and data centers, the companies announced on Wednesday. Brookfield will deliver 10.5 gigawatts… Continue Reading…
April 22, 2024
“…The demand surge wouldn’t be met immediately by more power generation. New data centers would initially be served by excess capacity already on the regional grid, imported electricity from other areas and then eventually by newly constructed sources, said Paul… Continue Reading…
April 15, 2024
“…The big picture: Average gas prices are up 24 cents per gallon over the last month to $3.63, per AAA, and summer driving demand typically puts more upward pressure on costs. Threat level: The Middle East crisis has already pushed up oil… Continue Reading…
April 15, 2024
“Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol… Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while… Continue Reading…
April 12, 2024
“As utilities race to keep ahead of rising electricity demand, developers have proposed a surge of new power plants across the US — and very few of them would run on fossil fuels. The generating capacity of proposed plants seeking… Continue Reading…
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