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Month: May 2020

Category:
  • USA

3 million more US layoffs intensify fears of lasting damage

 Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak forced more companies to slash jobs even though most states have begun to let Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Economy
  • USA

‘Rolling Shock’ as Job Losses Mount Even With Reopenings

Scattershot reopenings of retail stores, nail salons and restaurants around the country have not halted the flood of layoffs, with the government reporting Thursday that nearly three million people filed Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Electric Cars

How Tesla tapped a tiny Canadian lab for battery breakthroughs

Tesla Inc ( TSLA.O ) is a leader in electric vehicle battery technology, but the company doesn’t do all its own research. Tesla Chief Executive Elon Musk has reached out Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Renewables

Why Covid-19 Won’t Kill The Renewable Revolution

“By the end of the coming decade we will be on one of two paths. One is the path of surrender, where we have sleepwalked past the point of no Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Electric Cars

Tesla Could Launch A Million-Mile Battery This Year

Tesla is set to launch a million-mile battery as soon as this year or early in 2021 for its Model 3 in China, as part of a wider plan to Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Coal
  • USA

Class I railroads see sharp Q1 declines in coal volumes, eye infrastructure changes

Across the board, the four major Class I railroads said low natural gas prices, coal plant retirements and a mild winter drove declines in coal volumes in the first quarter Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count falls 29 to 369 in 9th straight week of double-digit drops: Enverus

The total US oil and gas rig count fell 29 to 369 on the week, rig data provider Enverus said Thursday, marking the ninth straight week of double-digit declines as Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US Shut-Ins Could Reach 2MMBPD in June

Gross U.S. production cuts could reach two million barrels per day in June, according to Rystad Energy. Gross U.S. production cuts, including liquids, could reach two million barrels per day Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • LNG

NextDecade’s Rio Grande LNG Terminal Facing Market Hurdles

Current conditions may adversely affect efforts to reach a final investment decision. The outbreak of COVID-19 and volatility in the energy markets have surfaced an additional risk factor for NextDecade Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

US Judge Upholds Keystone XL Ruling

Earlier this week Chief U.S. District Judge Brian Morris upheld his ruling from last month that nixed a permit for the Keystone XL oil pipeline. The judge shot down a Continue Reading

Posted On : 15 May 2020 Published By : Tom Whipple

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