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News & Articles By Laura Harris
12/08/2023
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By Laura Harris
Ford Motor Company scales down EV investments at Michigan plant due to declining demand and inflation pressures
The Ford Motor Company is scaling back its investment in electric vehicles (EVs) by reducing the production capacity of its battery factory in Marshall, Michigan and cutting 800 jobs. According to Ford spokesperson Mark Truby, the company initially planned to invest $3.5 billion in the factory, known as Blue Oval Battery Park, to produce 35 gigawatt […]
12/08/2023
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By Laura Harris
OPEC+ to implement voluntary oil production cuts in 2024, further strangling the global energy supply
After days of intense negotiations and delays caused by disputes over production baselines, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have reached an agreement to implement voluntary oil production cuts. The meeting, originally scheduled to take place in person in Vienna, Austria from Nov. 25 to 26, was […]
11/08/2023
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By Laura Harris
EVs on the verge of becoming UNINSURABLE due to HIGH COST of battery repairs
Electric vehicles (EVs) in the U.K. are on the verge of becoming uninsurable because of the high cost associated with fixing their batteries. Jonathan Hewett, CEO of the motor insurer-funded automotive research firm Thatcham Research, issued this warning. According to him, the lack of “insight and understanding” about the cost of repairing damaged EV batteries leads […]
10/25/2023
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By Laura Harris
Oil prices surge by more than $1 per barrel amid ongoing Israel-Hamas conflict
Global oil markets were rattled as oil prices surged by more than $1 per barrel on Oct. 20 amid the ongoing Israel-Hamas conflict. According to the Epoch Times, Brent crude futures have gained $1.23, pushing the price to $93.61 per barrel, while U.S. West Texas Intermediate crude also followed suit, rising by the same amount to reach $90.60 per […]
10/24/2023
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By Laura Harris
Reserve Bank of Australia Gov. Michelle Bullock: Israel-Hamas conflict may contribute to oil price increase and global inflation
Reserve Bank of Australia (RBA) Gov. Michelle Bullock explained the potential impacts of the ongoing Israel-Hamas conflict on oil prices and global inflation during her first public appearance at the AFSA Annual Summit Panel in Sydney. Bullock pointed out that one immediate consequence of the conflict in the Middle East was the rapid surge in oil prices. She […]
10/20/2023
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By Laura Harris
Dannar, BMW combine to launch a mobile power station carrying EV battery packs
U.S. company Dannar and renowned automaker BMW have combined their expertise to launch a mobile power station carrying electric vehicle (EV) batteries. In 2015, Dannar and BMW co-developed BMW i3 EV batteries, a “first-of-its-kind electric heavy-duty vehicle for infrastructure maintenance and disaster response,” designed for road applications. By 2017, Dannar launched its Mobile Power Station off-road […]
10/17/2023
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By Laura Harris
“Kidnapped” by his own car: Man unable to stop Chinese-made electric vehicle that wildly malfunctioned
A 53-year-old man claims to have been “kidnapped” by his own Chinese-made electric vehicle (EV) after a malfunction left him unable to control the car. Brian Morrison of Glasgow, Scotland claimed his 30,000 pound ($36,700) Chinese-made MG ZS suddenly accelerated to 30 miles per hour when he was heading back home from work on the […]
10/16/2023
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By Laura Harris
Gasgrid Finland and Elering detect “unusual” leak in Finland-Estonia offshore pipeline in Baltic Sea
Gasgrid Finland and Elering, the Finnish and Estonian gas system operators, detected an “unusual” leak in the 77-kilometer (48-mile) pipeline between Finland and Estonia on October 8. “Based on observations, it was suspected that the offshore pipeline between Finland and Estonia was leaking. The valves in the offshore pipeline are now closed and the leak is thus stopped,” […]
10/13/2023
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By Laura Harris
IRONIC? Tesla is building the world’s largest supercharger station, but it’s powered by a diesel power plant
Energy-related public policy analyst David Blackmon has revealed that Tesla, the leading electric vehicle (EV) manufacturer, is building the world’s largest Tesla Supercharger station in California. But the irony is, the station is fueled by a diesel power plant. During the interview with Blackmon on EpochTV‘s “Crossroads,” he disclosed that the Harris Ranch EV charging station […]
10/10/2023
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By Laura Harris
Russia and China dominate nuclear electricity generation industry ahead of the U.S.
Russia and China, along with France and Finland, have taken the lead in nuclear electricity generation as the United States grapples with the challenges of intermittent renewable energy sources. According to several reports, Russia and China are providing continuous, uninterrupted and zero-emission power. Approximately 60 nuclear power reactors are under construction in 15 countries worldwide. Russia and China […]
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