Category: Energy News Beat

US Breaks Dependence on Gasoline Imports – depending on what part of the country your located

Energy News Beat In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look. […]

Xi reveals Beijing’s four red lines to Biden

Energy News Beat The Chinese leader has warned the US president against trying to hold back the country’s economic development Chinese President Xi Jinping has laid out four sets of limits that the US should not cross, for a balanced and healthy relationship between the two countries. He stressed that Beijing aims to cultivate a “steady, healthy, […]

EU won’t survive without Russia and BRICS – Russian senator

Energy News Beat The bloc has essentially trapped itself by its sanctions, Konstantin Kosachev believes The EU can’t survive without cooperating with Russia and the BRICS states, Russian Federation Council Deputy Speaker Konstantin Kosachev said in an interview with RT on Saturday. Russia, however, needs the EU far less, he said. Kosachev noted that the […]

New attacks target Ukraine’s energy systems – officials

Energy News Beat The domestic electricity operator has reportedly implemented emergency power outages A large-scale attack against Ukraine’s energy system has been reported on Sunday. Ukrainian Foreign Minister Andrey Sibiga claimed that Russia launched one of its largest air attacks against the country since the conflict began.  “Another mass attack on the energy system,” Ukraine’s […]

Auto-Loan Balances, Burden, Subprime & Prime Delinquency Rates, and Subprime Dealer America’s Car-Mart in Q3 2024

Energy News Beat Subprime is always in trouble, and now, after the reckless-subprime lending era, more so. Prime is in pristine shape. Car-Mart joins our Imploded Stocks. By Wolf Richter for WOLF STREET. Total balances of auto loans and leases for new and used vehicles rose by 1.1%, or by $18 billion in Q3 from Q2, and by […]

Trump Picks Oil Fracking Boss Chris Wright as Energy Secretary

Energy News Beat ENB Pub Note: President Trump has committed to lowering our energy bills by 50%, and he is well on his way to doing that by selecting Chris Wright as Secretary of Energy. Chris is the best man for the job, and I have thoroughly enjoyed my podcasts and conversations with him. The […]

China Could Lead Climate Fight if U.S. Drops Out

Energy News Beat China could become the leader of the global fight to slow down climate change if the United States backs down under President Donald Trump, South Africa’s Minister of Environment, Dion George, told Bloomberg Television in an interview on Friday. “That’s the big debate that is going on,” George said, referring to China’s reluctance so […]

Scholz urges Putin to “enter into negotiations” with Ukraine in first phone call in two years

Energy News Beat [[{“value”:” German Chancellor Olaf Scholz spoke to Russian President Vladimir Putin for the first time since December 2022 on Friday afternoon (15 November), urging him to start “serious” talks with Ukraine.  In the phone call, Scholz urged Putin to end the war of aggression against Ukraine and withdraw his troops, German government […]

Russia Is Keeping Up Gas Flows to Europe Despite OMV Cut-Off

Energy News Beat Impact of move for European gas market may be limited for now Gas continued to travel through Ukraine, Slovakia on Saturday Gazprom PJSC is sending natural gas to Europe via Ukraine at normal levels even after cutting off one of its longest partners, Austria’s OMV AG. The Austrian energy company confirmed its Gazprom deliveries […]

Trump considering Fox News host for top economic position – WSJ

Energy News Beat ENB Pub Note: -This is a good thing for investors. With the possibility of Chris Wright, CEO of Liberty Energy, and Larry Kudlow on as finance, this is a great thing for investors. The US president-elected is reportedly looking at inviting Larry Kudlow back to the White House US President-elect Donald Trump […]