Energy News Beat Fed cut by 75 basis points since September while 10-year Treasury yield rose by 75 basis points to 4.40%, as Bond Market frets about Inflation & Supply. By Wolf Richter for WOLF STREET. The 10-year Treasury yield jumped by 7 basis points on Friday, to 4.40%, having risen five trading days in a row. It’s […]
Energy News Beat The United States Postal Service unveiled a plan to buy a fleet of all-electric mail trucks for its mail carriers back in 2022, of which 3,000 were supposed to be delivered by now. Unfortunately, those plans aren’t even close to fruition. The Washington Post reported that defense contractor Oshkosh has only delivered 93 vehicles […]
Energy News Beat In the Energy News Beat – Conversation in Energy with Stuart Turley, talks with George McMillan dives into the geopolitical strategies influencing energy markets, highlighting how natural gas pipelines, trade routes, and economic policies are used to control global power dynamics. George McMillan explains the integration of geopolitical modeling with economic development […]
Energy News Beat The DoD’s focus on climate change over national security reflects Biden’s top policies. Trump pledges to refocus on defense priorities. Given the state of affairs in Ukraine and the Middle East and the rise of China as a chief U.S. adversary, one would assume that the Department of Defense (DoD) has […]
Energy News Beat GDP is forecast to decline by 0.2% this year, a sharp downgrade from Bundesbank’s previously projected 0.3% expansion Germany’s central bank has slashed growth outlook for the EU’s largest economy, projecting that it will contract this year and will hardly grow at all in 2025, amid deepening structural problems. In its monthly […]
Energy News Beat [[{“value”:” The United States will in the coming days introduce financial sanctions against Serbia’s oil giant NIS, which is majority owned by Russia’s Gazprom Neft and Gazprom, President Aleksandar Vučić said on Friday (13 December). “We got confirmation that in the next few days, the US will introduce sanctions against NIS because […]
Energy News Beat Weekly Daily Standup Top Stories EV Sales Slump: A Global Reality Check December 8, 2024 Clark Savage Global EV sales are slowing down due to high prices, concerns about charging infrastructure, and reduced government subsidies. Major automakers are scaling back production plans and announcing job cuts in response to the weaker demand. […] Revolutionary! […]
Energy News Beat [[{“value”:” Amid a surge in utility shutoffs, and in the face of a groundbreaking study finding racial disparities in those outcomes, Minnesota’s largest utility is taking a closer look at the issue. In a November agreement with consumer groups and the state’s Public Utilities Commission, Xcel Energy has outlined a series of […]
Energy News Beat A Ukrainian Nobel Peace Prize winner weighs in on his prospects. Insider Your all-access pass to FP Can Trump Really End the War in Ukraine? A Ukrainian Nobel Peace Prize winner weighs in on his prospects. By John Haltiwanger, a reporter at Foreign Policy. French President Emmanuel Macron and Ukrainian President […]
Energy News Beat By Wolf Richter for WOLF STREET. Balances in money market funds held by households at the end of Q3 jumped by $167 billion from the prior quarter to $4.11 trillion, according to the Fed’s quarterly Z1 Financial Accounts released yesterday. This massive jump in MMF balances occurred even as the Fed started its rate-cut cycle […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
