
Commentary / World Dec 5, 2021
Gasoline at $3 a gallon isn’t as painful as it used to be
November’s year-over-year price increase is the sharpest in monthly data going back to the early 1990s.
For Liam Denning's latest contributions to The Japan Times, see below:
November’s year-over-year price increase is the sharpest in monthly data going back to the early 1990s.
Until news of the COVID-19 vaccine broke, energy had been the worst performing sector in 2020, falling by more than half.
You may recall Tesla only got into the Bitcoin game the very same quarter, announcing it would also start accepting the stuff for car payments.
With the right chemistry and configuration, batteries can send power to the grid rapidly — which is relevant in light of February’s debacle.
The casual reference to Tesla taking Bitcoin as payment down the road is like digital catnip, helping to boost the value of that $1.5 billion bet.
The fact the activist led with this straightforward jab speaks to the difficulty inherent to landing the other punch: namely, getting Exxon to look beyond oil and gas.
News of more mysterious tanker attacks, this time in the Gulf of Oman, is having its predictable effect on oil prices. But there is another fuel at risk: liquefied natural gas. What might conflict, or the threat of it, mean for this fast-growing segment ...