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There is a new squeeze on oil supplies coming up, and expected price rises. https://oilprice.com/Energy/Energy-General/Why-Oil-Prices-Could-Spike-in-February.html "Oil prices are set to finish this week some $2 per barrel lower than a week ago as the January ICE Brent futures contract expires just below $77 per barrel. However, the second straight weekly decline could be cut short very quickly if Donald Trump’s February 1 deadline for Canada and Mexico leads to the US slapping punitive 25% sanctions. If the threat does become a reality, the oil bulls will not stop until Brent is back above $80 per barrel." Also, some of the false assumptions of the Green movement have been exposed by the former Biden administration officers, https://www.reuters.com/business/energy/new-report-aims-turn-iea-away-energy-transition-focus-2025-01-29/ "IEA criticized for focus on clean energy policy Report claims IEA's assumptions on oil demand are flawed IEA defends its projections, calls report error-filled" The Trump policies are already being implemented, https://www.reuters.com/world/us/us-moves-repeal-biden-administration-vehicle-fuel-economy-standards-2025-01-29/ "The agency in June said it would hike Corporate Average Fuel Economy (CAFE) requirements to about 50.4 miles per gallon (4.67 liters per 100 km) by 2031 from 39.1 mpg currently for light-duty vehicles. Duffy, who took office late Tuesday, also directed NHTSA to reconsider rules for heavy duty pickup trucks and vans through 2035. "Artificially high fuel economy standards designed to meet non-statutory policy goals, such as those NHTSA has promulgated in recent years, impose large costs that render many vehicle models unaffordable for the average American family," Duffy's memo said. "They also put coercive pressure on automakers to phase out production of various models of popular (internal combustion engine) vehicles.""

Electric vehicle lithium-ion batteries challenge California wildfire cleanup | Fox News Highly combustible lithium-ion batteries used in electric and hybrid vehicles are complicating cleanup efforts in the Los Angeles neighborhoods ravaged by wildfire damage. Phase 1 of the federal cleanup is underway, as surveyors with the Environmental Protection Agency (EPA) work to remove and dispose of hazardous materials, including lithium-ion batteries found in charred vehicles and decimated homes. The EPA warned that batteries should be considered "extremely dangerous," even if they are believed to be intact, and "can spontaneously re-ignite, explode, and emit toxic gases and particulates even after the fire is out." The Palisades and Eaton fires aftermath is estimated to require the "largest lithium-ion battery pickup, cleanup, that’s ever happened in the history of the world," EPA incident commander Steve Calanog reportedly told local KNBC. He explained that removing lithium-ion batteries — even those that do not appear damaged — from fire wreckage requires "technical sophistication and care," as hazardous material crews find and deionize the batteries so they can be crushed or safely shipped for disposal. "We don’t know the long-term effects of all this exposure, and we haven't seen this on this large of a scale and this many electric vehicles," Los Angeles City Fire Capt. Adam VanGerpen told KNBC. "This is an unprecedented amount of electric vehicles with lithium-ion batteries in there." According to the California Energy Commission, more than 99,000 zero-emission vehicles were sold in Los Angeles County in 2024 alone, including battery electric, plug-in hybrid and fuel cell electric vehicles. The Tesla models Y, 3 and Cybertruck were the top three selling zero-emission models sold in Los Angeles County last year, according to the commission's online tally. Authorities are warning that residual heat poses danger for days, weeks and even months after the initial fires, potentially causing lithium-ion batteries to spontaneously combust. "With the lithium-ion batteries, even if they look like they are intact they could have damage on the inside, so they continue to off gas and the off-gas from these batteries can be toxic to your health," VanGerpen said. Besides in electric and hybrid vehicles, lithium-ion batteries can be found in personal electronics, vaping devices, power tools and home energy storage systems, which have become increasingly popular during California's power outages. Seems to me, they knew how toxic the Lithium Batteries were long before mass production. Safer for the environment?? I think not, I'll stay with my ICE vehicles.

Once again for the slow learners. Down is down. Ecocharger will once again be wrong about oil price increases. Oh, and $80 Brent? You luddites were bragging about that temporary (war related) price bump a while back. Such short memories. Upvote the failed economist, show your stupidity. Oil prices will fall. Try to remember your predictions old men,.

The much-touted "Net Zero" fairytale has totally collapsed, is no longer being taken seriously. Reality is back in business. https://oilprice.com/Energy/Energy-General/The-Net-Zero-Gap-Global-Green-Spending-Is-Falling-Short-of-Targets.html "Global green energy investment hit a record $2.1 trillion in 2024, up 11% from 2023, but growth has slowed. To achieve net-zero by 2050, annual investment needs to reach $5.6 trillion, meaning current levels are only 37% of what's required. While China leads in green spending, investment in the US has stagnated, and it has fallen in the EU and UK." "China’s total investment last year was greater than the combined investment of the U.S., the EU, and the UK. However, investment was stagnant in the U.S., at $338 billion, and fell in both the EU and UK, hitting $381 billion and $65.3 billion, respectively, BNEF said. The research provider also noted that energy transition investment will have to average $5.6 trillion each year from 2025 to 2030, in order to get on track for global net zero by 2050, in line with the Paris Agreement. The current investment level of $2.1 trillion implies that the world is only at 37% of what is required to get on track, BNEF said."