Day: May 7, 2024

A green embargo by China will trigger a financial crisis that will implode the US economy!

Energy News Beat It seems that no one remembers the Oil Embargo of 1973, just 50 years ago, as America’s National Security is now with China’s monopoly of critical Minerals! In 1973, the Organization of Arab Petroleum Exporting Countries (OPEC) imposed an oil embargo against the United States, triggering a crude oil crisis that sent […]

Washington Keeps Choosing the Wrong Moment to Challenge China

Energy News Beat The TikTok ban shows how decisions end up rushed—after being ignored. The same decision can be smart at the right time or disastrous at the wrong time. The recent passage of a bill that forces Chinese company ByteDance to divest from TikTok or face a ban on the video-sharing app in the […]

Blackrock LOVES Oil Now?

Energy News Beat Daily Standup Top Stories Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM May 6, 2024 Mariel Alumit An 800-MW, four-hour battery is “not a realistic option” for replacing Talen Energy’s 1,280-MW, coal-fired Brandon Shores power plant near Baltimore, according to the PJM Interconnection. The Sierra Club’s proposed battery […]