Day: September 16, 2023
Tight Diesel Markets Could Add To Inflation Woes
Distillate markets are tightening again, lifting the prices of diesel and heating oil for the harvest and winter heating seasons and threatening to raise inflationary pressures again. Refinery outages, changed global oil trade flows, a cautiously optim…
U.S. Renewables Capacity To Soar With The Inflation Reduction Act
The Inflation Reduction Act (IRA) is spurring a land rush for development sites and giving impetus to clean energy equipment manufacturing in the United States, which could see annual renewable capacity additions triple to 110 gigawatts (GW) in ten yea…
France May Take Action To Curb Oil Refiner’s Profits
France has “questions” about refining margins, and decisions could be made to curb excessive profits, French Finance Minister Bruno Le Maire told journalists on Thursday. Inflation has been a concern across Europe, and the French government has taken s…
U.S. Voices Concern Over Stalled Serbia-Kosovo Talks
The United States has expressed disappointment at the lack of progress in the latest round of EU-facilitated talks between Balkan neighbors Serbia and Kosovo aimed at normalizing relations. European Union foreign policy chief Josep Borrell signaled fru…
Armenia-Azerbaijan Tensions Rise As Lachin Road Blockade Continues
A Russian Red Cross truck carrying humanitarian aid entered Nagorno-Karabakh from the Azerbaijani city of Aghdam on September 12. It was the first delivery of supplies to the territory in nearly three months, since Azerbaijan shut down all traffic on …
European EVs Rely On China’s Low Manufacturing Costs
The EU needs to realize that when it points one investigatory finger at Chinese EV subsidies, three more point back at it. Among the ironies behind the EU launching an investigation into Chinese EV subsidies is the fact that Europe’s own automakers als…
UAW Strike and EV Bust Threaten to Kill Our Auto Industry
The UAW strike, combined with foolish pursuit of the EV dream and then bust, are strangling our American auto industry. Workers, once again, will pay the price. Continue reading →
The post UAW Strike and EV Bust Threaten to Kill Our Auto Industry appeared first on Natural Gas Now.