Biden\’s Energy Policies Collapse

Daily Standup Top Stories EU Slashes Proposed Tariffs on Tesla’s China-Made EVs August 21, 2024 Mariel Alumit The European Commission has announced the final results of its anti-subsidy investigation into Chinese electric vehicles, with Tesla receiving a reduced tariff rate of 9%. Other Chinese EV makers, including SAIC Motor Corp., Geely, and […] Texas Faces Growing Electricity […]

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Oil Demand Rising 1.6 Million Bpd

Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco’s outlook contrasts with the more […]

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Middle East vs Oil Prices

Daily Standup Top Stories How Conflict in the Middle East Could Send Oil Prices Soaring August 5, 2024 Mariel Alumit Rising tensions between Israel and Iran are threatening to disrupt oil supply chains and could send oil prices soaring. The World Bank has already outlined just how high oil prices could go if Iran and […] Israel, […]

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US Treasury imposes sanctions on Iranian shadow banking network laundering oil money

Daily Standup Top Stories Shell to build carbon capture and storage projects in Canada June 26, 2024 Mariel Alumit Shell Canada Products, a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately […] US Treasury […]

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Trump to start drilling in Alaska

Daily Standup Top Stories Trump Says He’ll Restart Oil Drilling in Alaska Wildlife Refuge June 19, 2024 Mariel Alumit ENB Pub Note: I do not mind drilling for oil and gas in Alaska’s wildlife areas. Our oil and gas companies are the best in the world and can minimize environmental impact. Our wind installations, [… Offshore wind […]

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India LOVES Russian Oil

Daily Standup Top Stories States are acting to prevent their own electricity crisis April 16, 2024 Stu Turley The Wall Street Journal editorial board warned recently that the Biden Administration’s climate agenda is forcing the retirement of fossil-fueled power plants that supply almost 60 percent of U.S. electricity.  These power plants are essential to satisfy America’s rapidly […] Top Indian Refiner […]

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Gas, oil and geopolitical updates

Daily Standup Top Stories What’s Next for Oil? Analysts Weigh In After Iran’s Attack April 15, 2024 Mariel Alumit Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in […] Israeli War […]

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