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☆ The World’s Demand for Oil Is Set to Slow
▼ + stars: | 2023-06-14 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

Unease about prospects for global oil demand may account for this market malaise, analysts say. The agency’s report is likely to add to fears among oil traders that China, for decades the key driver of global oil demand growth, no longer performs this role. Growth in its consumption of oil is expected to slow, especially in the latter years of the forecast, which runs through 2028. There is a “dawning realization that China’s economic recovery from Covid isn’t producing the same sort of oil demand growth that China had prepandemic” said Henning Gloystein, a director at Eurasia Group, a political risk firm. These vehicles will mean that three million barrels a day of oil a day that might have been consumed will instead remain in the ground.

Persons: lockdowns, isn’t, prepandemic ”, Henning Gloystein Organizations: Brent, Eurasia Group, International Energy Agency Locations: Riyadh, China

☆ Belmont Park: Trainer Mark A. Henning wants answers after two horses die
▼ + stars: | 2023-06-13 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —The trainer of two horses that died at Belmont Park – home of the Belmont Stakes – said he has been left “heartbroken” and “devastated” by the news. In the first race at Belmont Park on Sunday, Mashnee Girl fell near the quarter pole, according to industry-owned database Equibase, before being euthanized on the track. The horse suffered an injury leaving the backstretch, was pulled up, and euthanized on the grass track, according to Equibase. I spoke to both of them and they both told me how well the horses were travelling under them, before taking a tragic bad step.”At Belmont Park, New York, four horses died while racing or training in the period from May 13 to Saturday’s Belmont Stakes. We will continue to grieve and pray over the loss of these two beautiful horses.”

Persons: –, “, ”, Mark, Hennig, Mashnee, Excursionniste, ” Hennig, Pat McKenna, Kathy Guillermo, NYRA Organizations: CNN, Belmont, Arcangelo, ” New York Racing Association, Kentucky Derby, PETA Locations: Belmont, ”, Belmont Park , New York, Churchill Downs

☆ Is taurine the ‘elixir of life’? Maybe, if you’re a worm, mouse or monkey
▼ + stars: | 2023-06-08 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +10 min

“This study suggests that taurine could be an elixir of life within us,” Yadav said in an earlier news release on the study, which published Thursday in the journal Science. Considered a non-essential amino acid, taurine exists in the brain, retina and nearly every muscle and organ tissue in the body. Taurine-fed worms lived longer and appeared healthier, but taurine “had no effect on yeast,” Yadav said. More than one solutionThe field of anti-aging is exploding, with taurine just one of many potential pathways to the holy grail of longer life. In the end, science is going to need “100 different kinds of taurine,” Lithgow said.

Persons: CNN —, taurine, Vijay Yadav, ” Yadav, Henning Wackerhage, “, ”, Walter Willett, Harvard T.H, ” Willett, Gordon Lithgow, I’m, it’s, Lithgow, ” Lithgow, “ You’ve, taurine “, Wackerhage, Yadav, Taurine, Pieter Cohen, Cohen, ” Cohen, There’s, “ It’s Organizations: CNN, Columbia University, Technical University of Munich, Harvard, of Public Health, Harvard Medical School, Buck Institute, Disease, US Food and Drug Administration, Research, Cambridge Health Alliance, taurine Locations: New York City, Germany, Chan, Novato , California, Somerville , Massachusetts

☆ With Russia's role in the global energy system falling, a select few nations are set to benefit
▼ + stars: | 2023-04-26 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Russia's role as a global energy player is set to diminish, and the U.S. and Qatar are among a slew of nations ready to fill its shoes, analysts told CNBC. "Russia's global LNG supply share will almost certainly decline this decade," Henning Gloystein, a director for energy, climate, and natural resources at political consultancy Eurasia Group told CNBC. He noted that its role in the liquefied natural gas space was retreating even before the country's invasion of Ukraine last year. Western sanctions, which resulted from the onslaught of its neighbor, further sapped most foreign investment out of Russia's LNG sector. He added that the total capacity for Russia's LNG facilities to produce natural gas will remain flat at 37 million tons over the next few years.

☆ Electric Cars: What It Takes to Convince People to Ditch Gasoline
▼ + stars: | 2023-04-26 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Men make up most early adopters of electric cars, while women account for most EV skeptics. Here is who they are and what they're looking for. The adopters' top three prioritized vehicle features include addressing concerns about CO2 emissions and air pollution, vehicles that are unique, and a vehicle that keeps its value. They're also the most flexible of buyers regarding the range they're looking for in an EV. Given that, "I think we'll potentially start to see a shift in terms of what the range of features within electric vehicles is."

☆ Gavin Newsom says he's taking a road trip through red states to fight the policies and 'anger machine' of DeSantis and other GOP governors
▼ + stars: | 2023-04-04 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +10 min

California Gov. Gavin Newsom is traveling to red states to tout the progressive agenda. Gavin Newsom of California already had a plan in the works to go on offense against Republican governors. California Gov. California Gov.

☆ Arkansas enacts law restricting school bathroom use by transgender people
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mike SegarMarch 21 (Reuters) - Arkansas Governor Sarah Huckabee Sanders on Tuesday signed a law targeting the trans community, prohibiting transgender people from using the restroom that matches their gender identity at public schools. The law requires schools to provide reasonable accommodations, that include single-person restrooms and changing areas. School authorities that violate the law can face fines of at least $1,000, and parents can also file lawsuits to enforce the measure. Similar laws directed at transgender youth have been enacted in Alabama and Oklahoma. read moreRepublican legislators across the United States have escalated a campaign to ban certain healthcare for transgender youth, in some cases seeking to charge parents and doctors with child abuse if they provide treatment.

☆ Fact Check-Altered image of Sarah Huckabee Sanders sitting cross-legged at Politicon conference
▼ + stars: | 2023-03-09 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

An image of Governor of the U.S. state of Arkansas Sarah Huckabee Sanders sitting cross-legged and barefoot onstage at the 2019 Politicon conference shared by social media users online is altered. In the original photo taken at a 2019 event, Huckabee Sanders sits upright and wears shoes. The original photograph (here) shows Huckabee Sanders onstage speaking at the 2019 Politicon conference in Nashville, Tennessee, archived (archive.is/wip/Zfebb). Politicon was an annual nonpartisan political convention last held in 2019 in Nashville (here). The original photograph shows Huckabee Sanders sitting upright at the 2019 Politicon conference.

☆ Europe's natural gas prices fall below €50
▼ + stars: | 2023-02-17 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Europe’s natural gas prices have tumbled to their lowest level in nearly 18 months in the latest sign the region has avoided a much-feared energy crisis. Benchmark wholesale gas prices fell almost 5% Friday to hit €49 ($52) per megawatt hour, their lowest level since September 2021 and a fraction of the all-time high of €320 hit in August last year, according to data from Independent Commodity Intelligence Service. The plunge in prices will further reduce the risk of a recession in Europe. Gas stores across the European Union were 65% full on Thursday, according to Gas Infrastructure Europe, an industry body. The bloc has also boosted imports of pipeline natural gas from Norway, and of liquefied natural gas (LNG) — a chilled, liquid form of gas that can be transported via sea tankers — mostly from the United States and Qatar.

☆ Natural gas prices haven’t been this low since Russia went to war
▼ + stars: | 2023-01-06 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

London CNN —Natural gas prices in Europe and the United States have tumbled to levels last seen before Russia sparked a global energy crisis by invading Ukraine. Even so, European gas prices are still historically high, and could rise again this year if demand from China picks up or supplies are disrupted. Wholesale prices were already shooting up in the months before the war as economies reopened from pandemic lockdowns. “It will take a bit [of time] for the fall in the wholesale prices of natural gas to [feed into] into the retail prices,” he said. That will keep Europe at a competitive disadvantage to the United States, where gas prices are about five times lower.

A large dent has also come from industrial sectors forced to curb output as high gas prices make production uneconomic with some firms shifting production to regions with cheaper energy. FIGHT FOR SUPPLIESThe obvious way to boost supplies is through liquefied natural gas (LNG). That may not happen next year, meaning Europe would face fierce competition for LNG that would drive up the cost. Record high prices in Europe, however painful, helped the region to secure record volumes of LNG imports this year. Benchmark European gas prices hit a peak in August of more than 300 euros/MWh.

☆ Russian oil sanctions are about to kick in. And they could disrupt markets in a big way
▼ + stars: | 2022-12-01 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

European oil sanctions are due to kick in on December 5. Upcoming sanctions on Russian oil are set to be "really disruptive" for energy markets if European nations fail to set a cap on prices, analysts warned. The 27 countries of the European Union agreed in June to ban the purchase of crude oil from Dec. 5. The potential for rising oil prices is "why there's pressure from the U.S." to agree on a cap, Gloystein told CNBC Wednesday. A price limit would see G-7 nations buy Russian oil at a lower price, in an effort to reduce Russia's oil income without raising crude prices across the globe.

Ukrainian state energy firm Naftogaz said in a Tuesday tweet that “Gazprom accused Ukraine of stealing gas. Russia is also sending gas to Europe via the TurkStream pipeline that runs through Turkey to Bulgaria. If Russia halted exports through Ukraine, Europe would lose about 4 billion cubic meters of gas — or just 1% of its estimated gas demand for 2022 — between December and March, Filippenko said. The continent’s gas storage facilities are nearly 95% full, according to data from Gas Infrastructure Europe. In this context, a total shut off of Moscow’s pipeline gas through Ukraine would cause “minimal” damage, Filippenko said.

The Dutch Title Transfer Facility (TTF) is Europe's main benchmark for natural gas prices. In addition, intraday European gas prices even went negative at the start of the week — meaning that holders of natural gas paid buyers to take the cargo off their hands. Nikoline Bromander, analyst at consultancy Rystad Energy, said high output from wind power and political agreement within the EU on cooperative measures to reduce gas prices and consumption have contributed to lowering gas prices. Before Russia's invasion of Ukraine, the EU was obtaining about 40% of all its natural gas from Moscow. Several experts have warned that Europe's high storage levels were to a large extent achieved with Russian gas.

☆ Former German Chancellor Merkel defends her government's move to buy massive amounts of Russian gas, saying she has no regrets as it was right for the time
▼ + stars: | 2022-10-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The former German Chancellor said she had no regrets about her government's energy policy, per Reuters. "You always act in the time in which you find yourself," Merkel told reporters in Lisbon, according to Reuters. Merkel was referring to liquefied natural gas, a supercooled version of natural gas that can be transported via ships. She recently came under heavy scrutiny and criticism from political rivals, the press, and her peers for her Russia policy amid Moscow's invasion of Ukraine. Germany's Russian gas policy spanned decades, starting during the Cold War in the 1960s with the Pipelinepolitik policy that connected both sides with a pipeline.

☆ Professor Nina Khrushcheva on Nord Stream pipeline damage: It doesn't look like the Russian fingerprint
▼ + stars: | 2022-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailProfessor Nina Khrushcheva on Nord Stream pipeline damage: It doesn't look like the Russian fingerprintHenning Gloystein, The Eurasia Group director of energy, climate and resources & Nina Khruscheva, professor of international affairs at New York's New School, join 'The Exchange' to discuss damage to the Nord Stream pipeline.

☆ Shorter showers, slower driving and an Eiffel Tower blackout: How Europe plans to cut gas usage this winter
▼ + stars: | 2022-09-21 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

"We're already there … savings this month have already surpassed the 15% target," said senior energy strategist from Goldman Sachs, Samantha Dart. Kenzo Tribouillard | Afp | Getty ImagesShe added that northwestern Europe's estimated August gas consumption was 13% below average. "We believe this is more than enough savings to go through winter without blackouts or a heating crisis," Dart said, assuming that the average winter weather scenario holds. "Achieving the 15% reduction target vs business as usual will be difficult, but not impossible," Gloystein told CNBC. A cold winter could make it difficult to achieve the demand reduction needed in Europe.

☆ Even as the West tries to wean itself off Russian oil, Moscow has found itself yet another buyer: Myanmar
▼ + stars: | 2022-08-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Myanmar is buying Russian oil, which it says is "high-quality" and cheap. This time, Myanmar is joining the line to buy Russian gas and fuel oil, according to Reuters and Bloomberg. He said military chief Min Aung Hlaing sealed a fuel oil deal with Russia during a trip to Moscow in July. Russian fuel oil exports are expected to start arriving in Myanmar in September, Reuters reported, citing local media. Myanmar is the latest in a list of crisis-hit countries — including Sri Lanka and Laos — to actively seek out Russian oil.

☆ Aid workers in ISIS bull's-eye: 'If not us, then who?'
▼ + stars: | 2015-03-14 | by ( Katie Walmsley | ) edition.cnn.com time to read: +10 min

Story highlights Numerous aid workers remain in Syria despite dangers With a lack of government, more than 8 million refugees rely on aid agencies for food, shelter and medical care Many aid agencies have no means of armed defense against attackNew York CNN —Kayla Mueller, Peter Kassig, Alan Henning, David Haines – just a few of the aid workers who have been abducted and killed by ISIS in the past year. The exact number of aid workers currently being held is unknown; a level of secrecy tends to surround details of those currently captive. Abductions and killings of aid workers are, unfortunately, nothing new, but the numbers are. According to Aidworkersecurity.org, at least 155 aid workers were killed in 2013, a 121% increase on 70 recorded killings the year before. ISIS doesn’t just target aid workers.

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