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 the country’s economic health and future oil demand. Factors such as the rise of electric vehicles, the […] State Rankings: Electric […]
Continue ReadingDaily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even considered renewable nor sustainable as they require oil and gas to even exisit. Renewable energy’s share of […] Visualizing the […]
Continue ReadingDaily 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 […]
Continue ReadingDaily Standup Top Stories China’s Coal Production Surges to Meet Energy Demands August 20, 2024 Mariel Alumit China’s coal production reached a new record high in July, surpassing the previous record set in 2023. Thermal power generation declined in July due to increased hydropower generation, but overall power generation increased. Analysts expect […] Fed Confronts Up to […]
Continue ReadingWeekly Daily Standup Top Stories Politicians Backing Net Zero Working Hard To Make Gas Prices Much Higher August 10, 2024 Stu Turley The only way for ‘net zero’ politicians like Kamala Harris to eliminate gasoline is to make it unaffordable or illegal. Any politician who supports the “net zero” agenda is working to make […]
Continue ReadingDaily Standup Top Stories We’re Burning More Climate-Warming Coal Than Ever. Why? August 12, 2024 Stu Turley There’s little doubt that avoiding the most dire effects of climate change requires phasing out power stations that burn coal, the biggest source of carbon dioxide emissions. Yet the opposite is happening. Even as temperatures […] India’s Oil Ministry Wants […]
Continue ReadingDaily 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 […]
Continue ReadingDaily Standup Top Stories Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom July 31, 2024 Stu Turley One business may finally be getting too big for Texas: data centers, those whirring warehouses packed with the electricity-sucking computer servers that power the modern internet and the development of artificial intelligence. Up until now, the […] Texas Pipeline […]
Continue ReadingDaily Standup Top Stories Amazon claims to power all its operations with renewable energy. If only that were true. July 29, 2024 Mariel Alumit When Amazon announced this month that it had achieved 100% renewable energy seven years ahead of schedule, that sounded like really good news for Virginia. Amazon owns more data centers here than anyone else, […]
Continue ReadingDaily Standup Top Stories China’s banking turmoil: 40 banks vanish as crisis deepens July 22, 2024 Mariel Alumit The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of Jiangxi Bank has further deepened the sector’s problems. Experts warn that the situation could have […] Bad News From […]
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