The world must continue to extract oil and gas in order to sustain civilization, while also developing...
The world must continue to extract oil and gas in order to sustain civilization, while also developing sustainable sources of energy, Tesla founder Elon Musk told reporters at a conference in Norway on Aug. 29.
“Realistically I think we need to use oil and gas in the short term, because otherwise, civilization will crumble,” Musk said on the sidelines of an energy conference in the southern city of Stavanger.
Asked if Norway should continue to drill for oil and gas, Musk said: “I think some additional exploration is warranted at this time.”
“One of the biggest challenges the world has ever faced is the transition to sustainable energy and to a sustainable economy,” he said. “That will take some decades to complete.”
The Buffalo Bills released punter Matt Araiza after he was accused in a lawsuit of gang-raping a minor with two of his former teammates at San Diego State. Araiza denies the allegations.
US intelligence officials said they’ll review the records taken from Mar-a-Lago for potential national security risks.
Two US warships transited the Taiwan Strait for the first time since House Speaker Nancy Pelosi’s visit to the island.
Chipotle workers in Michigan became the first location to unionize at the company.
⚾️Baseball card sells for $12.6 million (and it's Oklahoma's Mickey Mantle)
A 1952 Mickey Mantle baseball card in mint condition ...
A 1952 Mickey Mantle baseball card in mint condition sold for $12.6 million at auction—topping a $9.3 million Diego Maradona jersey as the most expensive piece of sports memorabilia ever sold. The sports collectibles space has exploded in popularity during the pandemic. In 2018, the size of the market was estimated to be around $5.4 million. By 2021, it grew to $26 billion.
Moscow's ability to pivot toward Asian customers for exports has helped ...
Moscow's ability to pivot toward Asian customers for exports has helped insulate it from Western sanctions that were expected to crush the economy.
Goldman Sachs had said five months earlier that Russia would struggle to find new trading partners amid war — but China and India, among others, have emerged as big buyers of Russian energy commodities.
India alone has seen a 900% increase in those supplies since February.
All the while, the EU still hauls in 2.8 million barrels a day despite its own sanctions on Moscow, Bloomberg data shows.
MarketWatch: U.S. stock futures sink following Friday’s Wall Street rout
U.S. stock-index futures plunged Sunday after Wall Street sank Friday following hawkish...
U.S. stock-index futures plunged Sunday after Wall Street sank Friday following hawkish comments from Federal Reserve Chairman Jerome Powell that the fight against stubborn inflation would continue, and be painful.
Dow Jones Industrial Average futures YM00, -0.68% fell more than 200 points, or 0.7%, right out of the gate Sunday, while S&P 500 futures ES00, -0.85% and Nasdaq-100 futures NQ00, -1.06% dove about 1% each.