Cancel your Thanksgiving plans, they say. Well, joke's on the CDC because I never had any. Almost half as many people will travel for Thanksgiving this year, according toThat's bad news for oil and the companies that sell it. But markets are still reaping rewards from positive vaccine news. The S&P 500 energy index"Vaccine news have in a way replaced demand woes and forecasts in the oil market," Rystad Energy's Bjornar Tonhaugen wrote in a note this morning.
Anyway, I do love Thanksgiving and I will find a way to consume some tofurky next week. In the meantime, let's get to this week's top stories.Biden's secret weapon to combat carbon emissions — with or without Senate control I love topics that are neither sexy nor easy to explain. So, naturally, I've clung to news about fuel efficiency standards.Essentially, these standards set a minimum mpg for the average new car in an automaker's fleet. If you sell more hybrids and electric vehicles, you'll have a higher average mpg. These standards were originally designed to lower the nation's dependence on oil in the wake of the OPEC embargo, and the ensuing crisis, of the 1970s.
Today the standards are considered among the US government's most important climate-change policies. The transportation sectorThe standards are likely about to change — again — which could impact US auto giants and oil markets. Under former President Barack Obama, carmakers had to meet an average efficiency of 54.5 mpg by 2025.
Exporting all of our factories to China, and buying oil from ME Theocrats. Then he can claim he reduced carbon emissions (in the US)!!
That's funny. He can stop Mother Nature. Nature 'is' Divine, Supreme Ansolute Power, & 'cannot' be made in a Lab. That's 'Absolute Power'. Isis
nice
GlobalMegaVigil 3. The biggest undoing of the Church is SELF-WILL. 3. 교회의 가장 큰 실패 원인은 자기 뜻입니다.