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Month: July 2022

Category:
  • China

China’s Property Sector Remains Biggest Drag on Economy

 China’s property downturn showed little signs of improvement in the three months through June, with its output contracting for the fourth straight quarter and clouding the growth outlook for the Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. natgas jumps 6% on output drop, hotter forecasts

 U.S. natural gas futures jumped about 6% to a four-week high on Friday on a drop in output this week and forecasts for hotter weather and more demand over the Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Economy
  • USA

Dow Rises Nearly 600 Points on Retail Spending Data

U.S. stocks rebounded Friday, capping a volatile week during which investors responded to a flurry of corporate-earnings reports and economic indicators. The news offered at-times conflicting narratives on the nation’s Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. Rig Count Rises Despite Chaotic Week In Oil Markets

The number of total active drilling rigs in the United States rose by 4 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • USA

Groundhog Day For America’s Energy Grid

Texas and California are once again facing potential energy crises as their aging energy grids struggle to cope with soaring demand. Despite promises from both the federal and state governments, Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • USA

Most of U.S. Population Now in Areas With High Covid-19 Levels as BA.5 Subvariant Spreads

Los Angeles County may reinstate an indoor mask mandate. More than half the U.S. population lives in counties where Covid-19 cases and hospitalizations are high enough that people should wear Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • USA

Joe Manchin Defends Retreat on Climate and Tax Plans

It was a familiar, if excruciating, position for Democrats. A day after pulling the plug on his party’s plans to pass a climate, energy and tax package this summer, Senator Joe Manchin Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Electricity
  • USA

Limiting bitcoin, crypto miners helped Texas during heat wave

As a blistering heat wave smothered Texas this week and taxed the power grid with record-high demand, bitcoin mining operators in the state shut down their electricity-guzzling machines. Complying with requests from Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Germany
  • Nuclear

Germany’s gas crisis generates nuclear dilemma for ruling Greens

German conservative politicians have revived debate on extending the life of the country’s three remaining nuclear power plants, and polls show a rise in public support for the energy source Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

EU could ban some Russian fuel oil imports six months ahead of deadline

The European Union could ban the import and transit of some fuel oil from Russia around six months ahead of the planned deadline, an EU official and four traders told Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple

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