OPEC: The World Cannot Run On Renewable Energy And EVs | ZeroHedge

By Tsvetana Paraskova of OilPrice.com

Proponents of critical minerals as the way to have a world running solely on renewables and electric vehicles are not providing the full picture as their assessments of necessary investments and the speed of the energy transition sound unrealistic, according to OPEC Secretary General Haitham Al Ghais.

Policymakers and forecasters, as well as advocates of a fast energy transition, need to carefully consider if the needed investments and (more…)

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Biden’s De Facto EV Mandate At Risk After Supreme Court “Chevron” Ruling | ZeroHedge

By Charles Kennedy of OilPrice.com

The Biden Administration’s new strict tailpipe emission standards have just become particularly vulnerable after the Supreme Court overturned last week a 40-year-old landmark ruling, known as the ‘Chevron deference’, which granted federal agencies the authority to interpret ambiguous (more…)

Continue ReadingBiden’s De Facto EV Mandate At Risk After Supreme Court “Chevron” Ruling | ZeroHedge

Trans Mountain Oil Pipeline Off To A Solid Start | ZeroHedge

Authored by Charles Kennedy via OilPrice.com,

The Trans Mountain pipeline delivered enough crude oil to load 20 tankers from Canada’s Pacific Coast in the first full month of operations of the expanded link, just below the company’s expectations, Reuters reported on Monday, citing data from tanker-tracking providers LSEG, Vortexa, and Kpler.

The expanded Trans Mountain pipeline has tripled the capacity of the original pipeline to 890,000 barrels per day (bpd) from (more…)

Continue ReadingTrans Mountain Oil Pipeline Off To A Solid Start | ZeroHedge