JPMorgan Chase CEO Jamie Dimon confirms that the ESG agenda is hurting the American economy and that MORE oil and natural gas production is needed: pic.twitter.com/16DLzHr0Td
Tropical Depression 9 forms in Caribbean, could impact Florida
Tropical Depression 9 formed Friday morning and could impact Florida by next week. The tropical disturbance...
Tropical Depression 9 formed Friday morning and could impact Florida by next week. The tropical disturbance is forecast to develop into a hurricane by this weekend. The storm could be near western Cuba by early next week.
The forecast models for TD9 currently have the system moving toward the west coast of Florida or South Florida.
Benchmark U.S. crude oilfor November delivery rose 55 cents to $83.49 a barrel Thursday. Brent crude for November delivery rose 63 cents to $90.46 a barrel.
Wholesale gasoline for October delivery rose 3 cents to $2.52 a gallon. October heating oil rose 8 cents to $3.41 a gallon. October natural gas fell 69 cents to $7.09 per 1,000 cubic feet.
U.S. stocks end lower as Treasury yields surge after Fed rate hike
U.S. stocks ended lower Thursday, adding to sharp declines suffered...
U.S. stocks ended lower Thursday, adding to sharp declines suffered the previous session after the Federal Reserve delivered a 75 basis point rate hike and signaled significant further tightening ahead.A number of other major central banks, including the Swiss National Bank and the Bank of England, delivered rate hikes on Thursday as investors fret that monetary tightening will lead to a sharp economic slowdown or recession. The Dow Jones Industrial Average DJIA, -0.35% fell around 108 points, or 0.4%, to finish near 30,076, according to preliminary figures. The S&P 500 SPX, -0.84% ended 0.8% lower near 3,758, while the Nasdaq Composite COMP, -1.37% slumped 1.4% to close near 11,067.
PitchBook: Carbon tech to be a $905B market in 2022
Companies working in the carbon dioxide removal and reduction...
Companies working in the carbon dioxide removal and reduction space are taking off and will likely represent a $905 billion market by the end of 2022,reports PitchBook. That figure is expected to hit $1.4 trillion by 2027. Investor interest in carbon capture firms remains high, with 11 deals valued at $882.2 million closed in the second quarter alone.
