Market Headwinds Force Owners To Hit The Brakes On EV Projects | ZeroHedge

By Sebatian Obando of ConstructionDive

Once a bustling site poised to power the electric vehicle revolution, a $2.6 billion battery factory under construction in Lansing, Michigan, now sits at a near standstill, its future frozen as economic headwinds stall its progress.

LG Energy Solution paused a portion of its $5.5 billion battery manufacturing complex in Queen Creek, Arizona, earlier this summer due to market conditions, according to the company. Courtesy of LG Energy Solution

EV (more…)

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Gazprom Exports To Europe Via Ukraine Continue Despite Fighting | ZeroHedge

Authored by Charles Kennedy via OilPrice.com,

  • Russian gas exports to Europe have continued despite reports of Ukrainian forces seizing a key gas metering station near the Russia-Ukraine border.

  • Concerns over potential disruptions to gas flows have led to a spike in European gas prices.

  • The ongoing conflict between Russia and Ukraine highlights the vulnerability of Europe's energy supply and the potential for disruptions.

Natural gas flows from Russia to (more…)

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“Numbers Aren’t Jiving To The Real World” – Huge Revisions Leave Traders Questioning Biden Admin’s Energy Data | ZeroHedge

Just over a year ago, we commented on the "massive" revisions that the statistical arm of Biden administration's Department of Energy - the Energy Information Administration (EIA)...Adding to those who…

Continue Reading“Numbers Aren’t Jiving To The Real World” – Huge Revisions Leave Traders Questioning Biden Admin’s Energy Data | ZeroHedge