The Nooner

Daily Energy News & Data Insights

February 20, 2024

 📈  The Nooner  📉

Better than morning or night, your midday Energy delight

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EnerWrap Featured Research:

TLDR: Geopolitical tensions, a pullback in NVIDIA and revisions to rate expectations are driving the broader market lower today. The downward and non-stop move lower in natural gas and concerns over EV growth remain the main headlines in the Energy sphere. EnerWrap released our Weekly Rig Count Report which shows continued pressure on rig counts despite growth in US oil & gas production. Our Daily Thermal Switching report is also attached.

Top-10 Midday News Items to Make You Smarter about Energy 👀

 1️⃣  Ford is slashing prices for electric cars after sales took a nosedive last month

 2️⃣  Pipeline That Manchin Championed Faces More Delays, Higher Costs

 3️⃣  Oil Prices Near 3-Month Highs Amid Israel, Gaza Fighting. Red Sea Attacks Threaten Supply. - MSN

 4️⃣  China’s EV rush into Western markets risks ending in a ‘bloodbath’ for the industry, warns founder of Tesla rival Xpeng

 5️⃣  Retirements of U.S. electric generating capacity to slow in 2024

 6️⃣  Biden-Harris Administration announces $5.8 billion from President Biden’s Investing in America agenda for drinking water, wastewater and stormwater infrastructure upgrades

 7️⃣  French Firms Trade US Tax Credits to Spur Renewable Projects

 8️⃣  Guyana Explores Options for Gas Exports, Possibly With Suriname

 9️⃣  EV Battery Swapping Takes Over Africa, Is US Next?

 🔟  A Climate-Friendly Way To Capture Carbon Dioxide In the Air

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