Day: November 1, 2023

California’s EV conundrums

Energy News Beat Without crude oil that is the basis for most of the products now in society, citizens of developing nations may never be able to enjoy the abundant lifestyles available to wealthier countries. As California is attempting to lead the world toward zero crude oil production, worldwide efforts to meet the supply chain […]

DAVID BLACKMON: A Reckoning Is Coming For The Failing Energy Transition

Energy News Beat It didn’t make a ton of news in the United States media, but a new study published by the International Energy Agency in mid-October emphasizes the enormous potential roadblock to a successful energy transition posed by a projected need to refurbish and double capacity on global electricity grids. The study, titled, “Electricity Grids […]

Why Norway — the poster child for electric cars — is having second thoughts

Energy News Beat OSLO, Norway — With motor vehicles generating nearly a 10th of global CO2 emissions, governments and environmentalists around the world are scrambling to mitigate the damage. In wealthy countries, strategies often revolve around electrifying cars — and for good reason, many are looking to Norway for inspiration. Over the last decade, Norway has emerged […]

The Writing’s On The Great Wall For A China Crash

Energy News Beat Authored by James Gorrie via The Epoch Times (emphasis ours), As the saying goes, if you want to know what’s really going on, follow the money. That catchphrase doesn’t just apply to foreign companies and investors backing out of China. It also applies to the Chinese economy. A No-Confidence Vote In the […]

Cost of critical energy fuel spikes

Energy News Beat Global uranium prices reached their highest point in more than 15 years in late October, according to COMEX data, with analysts attributing the sharp rise to a range of factors, including geopolitical tensions. Uranium futures for November delivery jumped to $74.5 per pound on Monday, data shows. The radioactive metal’s price is […]

Russia’s Oil Exports Climb Despite Its Commitment To Cut Supply

Energy News Beat By Tsvetana Paraskova of OilPrice.com Russia’s crude oil exports by sea have been exceeding the country’s targeted export reductions as part of the OPEC+ pact for weeks, with the most recent week’s observed shipments as high as 360,000 barrels per day (bpd) above target, tanker-tracking data monitored by Bloomberg showed on Tuesday. […]

Russia poised to ‘sharply increase’ oil exports in November – Kpler

Energy News Beat Analysts link the move to maintenance works at several refineries and higher global crude prices Russia is likely to sharply increase oil exports in November, business daily Kommersant reported on Tuesday, citing Kpler analysts. According to the report, the country’s seaborne shipments are set to surge by some 200,000 barrels per day […]

Watch: Pro-Palestinian Activists Throw Box Of Live Rats Into British McDonald’s

Energy News Beat Pro-Palestinian activists in the west (many of them far-leftists with no ties to Palestinians or Muslim culture) have called for boycotts and punishment directed at any major companies seen as providing aid to Israel.  McDonald’s angered the woke mob recently with its offer of free food to members of the Israeli military […]

EU looks to expand sanctions on Russia – Bloomberg

Energy News Beat The bloc has so far imposed 11 packages of restrictions against Moscow over the Ukraine conflict The European Union is in talks on a new round of sanctions that would impact some €5 billion ($5.3 billion) in trade with Russia, Bloomberg reported on Tuesday, citing its sources. According to the report, the […]

German Defense Chief Says Public Must Get Used To Possibility Of ‘War In Europe’

Energy News Beat Starting last month, top Ukrainian officials began pushing an alarmist narrative that “world war 3 has already begun” – as the head Ukraine’s National Security and Defense Council Aleksey Danilov had claimed in early September. The words were spoken after it became clear that Ukraine’s military was losing, and now Time magazine has confirmed […]