OPEC+ Makes Shock Million-Barrel Cut in New Inflation Risk
OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy. It’s a significant reduction […]
Dennis Quaid documentary ‘Grid Down, Power Up’ explores dangers of sudden electric grid failure – Fox
Actor Dennis Quaid is known for his multi-faceted roles on the silver screen, but he recently released a documentary about the prospect of a power grid outage that would send the United States “back to the […]
California to phase out diesel truck use in bid for cleaner air
The administration of United States President Joe Biden has approved a plan for California to gradually phase out the use of carbon-emitting heavy trucks, as the state makes a push to cut emissions and improve […]
US Power Plant Firm Goes Bankrupt After Winter Storm Penalties
Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator. The Chapter 11 […]
Popular Expectations About BRICS’ New Currency Project Should Be Tempered
There’s no doubt that BRICS’ planned creation of a new reserve currency will accelerate de-dollarization processes and advance financial multipolarity, but that’s very different from the dollar’s death that many folks prematurely predicted. Duma Deputy […]
The De-Dollarization Of Brazilian-Chinese Trade Sheds More Light On Lula’s Grand Strategy
The post Daily Energy Standup Episode #93 appeared first on Energy News Beat.
Energy News Beat