ENERGY

Authored by Guy Caruso via RealClearEnergy,

The U.S. energy sector finds itself in a precarious position. Increasing geopolitical volatility and strong energy demand forecasts could spell trouble domestically in the future. The U.S. needs to stop hamstringing American energy companies and invest in the nation’s infrastructure, such as pipelines, processing, and production.

If we have learned anything in the last two and a half years, it’s that the U.S.’ energy (more…)

Authored by Andrew Moran via The Epoch Times (emphasis ours),

More electric vehicle drivers are thinking about switching back to internal combustion engine automobiles, according to new findings from the 2024 McKinsey & Co. Mobility Consumer Global Survey.

A Volkswagen electric car is parked in front of a charging station in Salzgitter, north-central Germany, on May 18, 2022. (John Macdougall/AFP via Getty Images)

Forty-six percent of EV owners surveyed in the United States say (more…)

Oil prices continue to extend their gains as "price-supportive rhetoric" from OPEC and its allies forced algorithmic traders to switch from short to long as oil prices have tracked financial assets higher in recent weeks.

API

• Crude +2.26mm

• Cushing +524k

• Gasoline -1.08mm

• Distillates +538k

DOE

• Crude -2.55mm

• Cushing +307k

• Gasoline -2.28mm

• Distillates -1.73mm

Against the API report's build, (more…)