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Month: May 2021

Category:
  • USA

AAA sees a huge jump in travel over Memorial Day weekend

U.S. highways will be far busier over the Memorial Day holiday weekend than last year, but traffic still won’t reach pre-pandemic levels, according to a forecast by the AAA auto Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Pipelines
  • USA

Whitmer threatens profit seizure if pipeline keeps operating

 Michigan Gov. Gretchen Whitmer threatened Tuesday to go after Enbridge’s profits from a Great Lakes oil pipeline if the company defies her order to shut it down. The Democratic governor Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Prices
  • USA

Panic Buying Sends U.S. Gasoline Prices To Near 7-Year High

The average price of a gallon of gasoline in the United States has jumped on the Colonial Pipeline ransomware attack and subsequent outage. The overall average price of retail gasoline Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • USA

EIA raises US gasoline demand outlook by 100,000 b/d for 2021 on economic activity

The US Energy Information Administration May 11 raised its outlook for US gasoline demand by 100,000 b/d to 8.7 million b/d for 2021 on a recent uptick in driving activity Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Germany

German Climate Goals Need ‘Massive’ Cut in Industry CO2 by

German industry will need to swiftly implement a “massive” reduction in greenhouse-gas emissions to conform with targets in the ruling coalition’s new climate protection law. According to a draft seen by Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Nuclear
  • Ukraine

Nuclear Reactions At Chernobyl “Cause for Concern”

Sensors have detected increased levels of neutrons in an inaccessible chamber at the Chernobyl site, signaling that nuclear fission reactions are taking place in the entombed reactor hall, Science reports Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Hydrogen

Everfuel plans 300-MW electrolyzer for green hydrogen at Denmark’s Fredericia refinery

Green hydrogen company Everfuel is planning a 300-MW electrolyzer project adjacent to the Fredericia refinery in Denmark to supply renewable hydrogen to the plant and for local zero-emission transport by Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Europe

Europe’s Economic Prospects Brighten on Fiscal Support, Vaccines

Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here . The euro-area economy will Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Europe

EU economy to expand, bouncing back from pandemic crisis

The European Union economy is set to bounce back strongly this year after the deep coronavirus recession and member states are forecast to have recouped the ground lost by the Continue Reading

Posted On : 12 May 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil, refined product prices fall as short supply fears abate; mutant coronavirus strain

Crude oil and refined product prices slumped during mid-morning trade in Asia May 11, as fears of a shortage in supply of refined products in the US East Coast eased Continue Reading

Posted On : 11 May 2021 Published By : Tom Whipple

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