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Month: December 2020

Category:
  • Electric Cars

Hybrids Enjoying More Robust Sales Than Electric Vehicles

Hybrid cars are seeing a quiet resurgence as the boom in electric vehicles spurs automakers to give the older, cheaper technology a second look. (Bloomberg) — Hybrid cars are seeing Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • USA

There Aren’t Enough New Cars, Main U.S. Automotive Lender Says

lly Financial Inc., the largest U.S. auto lender, said carmakers should get busy. There’s enough consumer demand for manufacturers to ramp-up output of new models but not enough supply, Chief Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • USA

New York Traffic Eases in Sign of Further Dwindling Fuel Demand

Fewer New York City drivers passed over toll bridges this month as the pandemic worsened, a signal that fuel demand will further weaken as the city faces tighter restrictions in Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • California

Southern California Blackouts Expand as Winds Raise Fire Risk

More than 75,000 homes and businesses in Southern California are in the dark as dry, gusty winds continue to blow across the state, raising the risk of wildfires in the Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Short-Term Energy Outlook

Forecast Highlights Global liquid fuels The December Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity related to the COVID-19 Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • United Kingdom

Brexit Deal in the Balance as Boris Johnson Prepares for Crunch Talks

After years of uncertainty and missed deadlines, the U.K. is finally leaving the EU. But the Brexit drama may not be over as the U.K. enters a new phase of Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • Shell

Shell executives quit amid discord over green push

Royal Dutch Shell has been hit by the departure of several clean energy executives amid a split over how far and fast the oil giant should shift towards greener fuels. The Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • Denmark

Why Is Denmark Ditching Natural Gas?

Denmark’s announcement that it would stop offering exploration licenses came down on the European oil and gas sector like a bolt from the blue. Not that it would be a Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • Oil Supply

Waha-to-Henry Hub spread narrows as West Texas, US markets face divergent fortunes

The cash-market spread from Waha to the benchmark Henry Hub is at its narrowest this month since May as the two locations face opposing market forces that could endure into Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple
Category:
  • United Kingdom

Green Energy Boom May Pay For Itself Says U.K. Climate Adviser

The cost of Britain’s efforts to reduce its greenhouse gases over the next three decades is lower than previously thought and could even be neutral, according to the government’s independent Continue Reading

Posted On : 9 Dec 2020 Published By : Tom Whipple

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