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Month: July 2020

Category:
  • USA

Firms are slashing worker pay, a harbinger of a slow recovery

Denise Iezzi, an accounting assistant, has had every Friday off since the pandemic escalated in March. This isn’t by choice. Her employer cut her hours and pay. It’s an involuntary Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Oil Supply

Summary of Weekly Petroleum Data for the week ending June 26, 2020

U.S. crude oil refinery inputs averaged 14.0 million barrels per day during the week ending June 26, 2020 which was 193,000 barrels per day more than the previous week’s average. Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Coal
  • Electricity

Why Power Companies Can’t Ditch Coal Just Yet

We’ve always had difficulty understanding why US electric companies have not simply closed down old, smaller and least efficient coal-fired power plants quickly. From a simple bargaining perspective we thought Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • USA

Reopenings stall as U.S. records nearly 50,000 cases of COVID-19 in single day

Governors of U.S. states hit hardest by the resurgent coronavirus halted or reversed steps to reopen their economies on Wednesday, led by California, the nation’s most populous state and a Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

US Crude Inventories Drop 7+ Million Barrels

U.S. commercial crude oil inventories decreased by 7.2 million barrels from June 19 to June 26, according to the latest weekly petroleum data from the EIA. U.S. commercial crude oil Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

House Democrats finally have a goddamn climate plan

On Tuesday, the House Select Committee on the Climate Crisis released a report that it has been working on since January 2019. With Republicans in control of the Senate and Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Climate
  • USA

House Democrats’ Climate Plan Embraces Much of Green New Deal, but Not a Ban on Fracking

Rep. Kathy Castor, D-Fla., speaks during a news conference with members of the House Select Committee on the Climate Crisis on plans to address climate issues on June 30, 2020. Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Russia

Russians grant Putin right to extend his rule until 2036 in landslide vote: partial results

Russians appeared to have paved the way for Vladimir Putin to stay in power until 2036 by voting overwhelmingly for a package of constitutional changes which will also boost pensions, Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • United Kingdom

UK firms slash jobs to cope with outbreak’s long term impact

 Companies linked to hospitality, travel and retail in Britain have announced thousands of more job cuts as the longer-term consequences of the COVID-19 pandemic take hold, choosing to slim down Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple
Category:
  • Hydrogen

Daimler Truck AG pushing forward with series production of fuel cells

Daimler Truck AG is pushing forward with series production of fuel cells with Daimler Truck Fuel Cell GmbH & Co. KG. Over the past ten years, experts from Daimler have Continue Reading

Posted On : 2 Jul 2020 Published By : Tom Whipple

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