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ChatGPT's Surprising Environmental Footprint Revealed

ChatGPT's Surprising Environmental Footprint Revealed

Microsoft’s heavy investment in AI…

The Shipping Fuel Of The Future

The Shipping Fuel Of The Future

Methanol is emerging as the…

Energy / Energy-General

High Fuel Costs Challenge Airline Profits After Busy Summer

Sep 19, 2023 at 08:04 | Felicity Bradstock

Several U.S. airlines expect an increase in jet fuel prices to squeeze their revenues this year, following a busy summer season. Unexpectedly high fuel prices could mean lower profits for…

Good Energy CEO: Price Cap Is Pushing Energy Bills Higher

Sep 19, 2023 at 08:00 | City A.M

The price cap has been a “terrible public policy failure” which has driven up bills for customers, Good Energy chief executive Nigel Pocklington has warned. Pocklington…

EIA Forecasts Continued Decline In U.S. Shale Oil Output

Sep 19, 2023 at 03:54 | Irina Slav

Shale oil production in the United States is set to decline for the third month in a row to 9.39 million barrels daily, the Energy Information Administration said in…

U.S. Gasoline Prices Rise On Refinery Outages

Sep 18, 2023 at 10:07 | Julianne Geiger

Retail gasoline prices in the United States are continuing to rise, and are up 4.6 cents from a week ago, according to GasBuddy data. The national average is still down…

Musk Meets Erdogan About Potential Tesla Factory

Sep 18, 2023 at 09:34 | ZeroHedge

Elon Musk in May said that Tesla would pick a new gigafactory location by the end of the year. Lately, the billionaire has spoken with a handful…

EU's Renewables Surge Faces China Supply Chain Dilemma

Sep 18, 2023 at 08:57 | Tsvetana Paraskova

The European Union could move from one heavy energy dependence to another as the achievement of its green energy targets could depend on China as much as the EU's gas…

How Green Bonds Are Blurring Environmental Commitments

Sep 18, 2023 at 08:54 | Irina Slav

A week ago, Danish transport giant Moeller-Maersk issued its first green bond. The debt, worth $750 million, will be used to “help finance or refinance green assets.”…

BMW And Mercedes Debut Game-Changing EV Concepts

Sep 18, 2023 at 08:44 | Felicity Bradstock

Both BMW and Mercedes announced innovative new concept electric vehicles (EVs) this month that they say can compete with the range and capabilities of new Tesla models. The automakers hope…

UK's Offshore Wind Aspirations At Risk After Auction Flop

Sep 18, 2023 at 08:40 | Felicity Bradstock

After the most recent U.K. offshore wind auction failed to attract a single bid, the outlook for British wind energy looks increasingly bleak. In recent months, the U.K.’s conservative government…

ChatGPT's Surprising Environmental Footprint Revealed

Sep 18, 2023 at 08:35 | ZeroHedge

Climate alarmists have waged war on energy-intensive cryptocurrency mining operations but have yet to denounce large language models (LLMs) like Microsoft-backed OpenAI's ChatGPT that use 16 ounces of…

Oil Prices Extend Gains As Market Tightens

Sep 18, 2023 at 02:28 | Tsvetana Paraskova

Oil prices rose in early Asian trade on Monday, extending last week’s gains amid expectations of an increasingly tighter market and hopes that China’s latest stimulus measures would…

U.S. Drilling Activity Ticks Up As Oil Prices Rise

Sep 15, 2023 at 12:25 | Julianne Geiger

The total number of active drilling rigs in the United States rose by 9 this week, according to new data from Baker Hughes published Friday. The total rig count rebounded…

Tight Diesel Markets Could Add To Inflation Woes

Sep 15, 2023 at 09:37 | Tsvetana Paraskova

Distillate markets are tightening again, lifting the prices of diesel and heating oil for the harvest and winter heating seasons and threatening to raise inflationary pressures again. Refinery outages, changed…

Truckers Grapple With Rising Diesel Costs And High-Interest Rates

Sep 15, 2023 at 09:00 | ZeroHedge

A couple of truckload carriers said the bottom of the cycle has likely occurred but acknowledged that any material positive inflection in fundamentals won’t happen until sometime in…

European EVs Rely On China’s Low Manufacturing Costs

Sep 15, 2023 at 08:50 | ZeroHedge

The EU needs to realize that when it points one investigatory finger at Chinese EV subsidies, three more point back at it. Among the ironies behind…

France May Take Action To Curb Oil Refiner's Profits

Sep 15, 2023 at 08:41 | Julianne Geiger

France has "questions" about refining margins, and decisions could be made to curb excessive profits, French Finance Minister Bruno Le Maire told journalists on Thursday. Inflation has been a concern…

Historic Strike Hits Big Three Automakers Hard

Sep 15, 2023 at 08:36 | ZeroHedge

For the first time in history that the 146,000-member union has simultaneously gone on strike against Ford, General Motors(GM) and Stellantis, according to…

An Apparently Unstoppable Oil Price Rally

Sep 15, 2023 at 04:11 | Michael Kern

There appears to be no end in sight for the current oil price rally or for the bullish catalysts driving it as tightening supply combines with the apparent return of Chinese…

Venezuela Remains The Oil Market's Biggest Known Unknown

Sep 15, 2023 at 03:20 | Editorial Dept

1. Despite Lower Gas Prices, Europe’s Industrial Gas Demand Just Not Enough- Europe’s industry gas…

The Oil Price Rally Is Fueling Inflation Concerns

Sep 15, 2023 at 02:54 | Editorial Dept

U.S. crude oil prices have surged past $90 a barrel, triggering worries about accelerating inflation and its potential impact on an economy already grappling with the Federal Reserve's aggressive interest…

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