Posts
BP @ 2 mln barrels per day abandons pledge to cut production
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From CounterPunch: US Oil and Gas Production Surged to Record Highs Under Both Trump and Biden-Harris
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Ev Update: Metals Prices Lower than Expected
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"Experts projected that the “electric vehicle revolution” would increase both metal demand and metal prices, especially when it comes to rare earth elements and crucial raw materials like lithium, cobalt, and nickel. However, the U.S. metal markets continue to suffer from lower-than-expected EV demand."
EV Update: Carmakers Scaling back on EVs - Reuters:
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Inverse makes an interesting prediction "The Future of Cars Looks a Lot Like an E-Bike"
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Flywheel newsletter takes a very specific, but fascinating, look at the used e-bike market as a way to track trends, notes that cargo bikes represent a small percentage of used e-bikes sold last year. He predicts this will change. Why? Because they are ridden the most, by far, of any e-bike category.