Iran: Oil prices could jump to $140 on U.S. sanctions
“No one in OPEC will act against two of its founder members. The U.S. tried it last time against Iran, but oil prices got to $140 a barrel.”
Posts
Three looming crises that may rattle oil markets
Iranian sanctions, Venezuelan unrest and Libyan terrorists could push prices up.
Tesla’s Model 3 production goals may hit cobalt speed bump
For Tesla there have been several production issues around getting all of the parts needed for the cars. Could cobalt become the Achilles heel for Tesla’s Model 3 ambitions?
Will Tesla ever make a cheap version of the Model 3?
Building cars is hard. Building an affordable electric car is exceedingly hard.
United States, Saudi Arabia and Russia find agreement on oil policy
It is unusual for the United States, Saudi Arabia and Russia to see eye-to-eye, much less try to achieve common energy policy goals, even indirectly.
Forget about that Tesla—the Jaguar I-Pace is the most compelling EV yet
The I-Pace is not particularly cheap—prices start at $69,500 in the U.S. before any federal or local incentives are taken into account. But it’s better looking and better made than any other BEV on sale today.
OPEC likely to agree on production increase next week, survey shows
OPEC will probably overcome internal disputes to agree on a production increase next week to temper rallying prices, according to a Bloomberg survey.
Gas price jump pushes consumer prices up 2.8% annually, highest rate in 6 years
U.S. consumer prices rose 0.2% in May, with surging gasoline costs driving much of the increase.
There’s a better answer than electric cars
If a paper published on Thursday correctly estimates the cost of extracting carbon dioxide from the air, regulators could do better to concentrate on that technology rather than on forcing vehicle electrification.
U.S. still subsidizing fossil fuels to tune of $27 billion
New research has shown that the United States continues to subsidize the production and consumption of fossil fuels to the tune of $27 billion, despite repeated pledges since 2009 to phase out fossil fuel subsidies.
