Category: fossil fuels
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Elon’s All-in
He talks about the progress of the Starship and the challenges of building a rocket twice the size of Falcon 9. He addresses the controversy around Starlink and Ukraine, explaining the reasons behind not turning on Starlink in Crimea. Musk also shares his perspective on the Biden administration and social media platforms, emphasizing the need…
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OIL is the most important commodity on the planet.
This is a great explanation of futures markets and oil futures using the CME crude oil contract as an example.
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Canada’s 40B LNG Investment
Canada, being one of the world’s largest producers of natural gas, does not have the infrastructure to export it overseas. LNG Canada aims to become a major source of liquefied natural gas (LNG) for export. So, this project involves building a terminal and pipeline to transport the gas from the source to the terminal, where…
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Germany kicking the can…
https://www.kob.com/news/business-money/german-government-puts-off-vote-on-a-contentious-heating-plan-until-september/ Germany’s governing coalition has delayed a vote on legislation aimed at encouraging the replacement of fossil fuel heating systems until September. The decision came after the country’s top court rejected plans to push the bill through parliament this week. The court’s ruling was an obstacle for Chancellor Olaf Scholz’s coalition, hampering its attempts to…