Elon Musk says more oil & gas production is needed now to help bring down sky-high prices 🛢
Russia’s attack on Ukraine has sent energy prices surging this week👇
🇺🇸 US crude oil futures at 14-year high #OOTT
🇪🇺 Europe natural gas at record
🚢 Asia LNG at a record
Russia’s attack on Ukraine has sent energy prices surging this week👇
🇺🇸 US crude oil futures at 14-year high #OOTT
🇪🇺 Europe natural gas at record
🚢 Asia LNG at a record
https://twitter.com/elonmusk/status/1499907549746937860
US oil futures posted its biggest weekly gain EVER as Russia’s attack on Ukraine has sparked fears of a major supply crunch 📈📈📈
Futures in New York rose by more than $24 this week, the highest weekly dollar increase on record
(Russia is a major exporter of oil & gas 🇷🇺)
Futures in New York rose by more than $24 this week, the highest weekly dollar increase on record
(Russia is a major exporter of oil & gas 🇷🇺)
The Biden administration is weighing a ban on US imports of Russian crude oil 🇺🇸 🙅♂️
(Yes, the US still imports Russian oil even a decade after the shale revolution turned America into an exporter. It makes up 3% of total US crude imports last year)
bloomberg.com/news/articles/…
(Yes, the US still imports Russian oil even a decade after the shale revolution turned America into an exporter. It makes up 3% of total US crude imports last year)
bloomberg.com/news/articles/…
Musk signaled that the adoption of EVs and a wider shift to renewables couldn’t be accelerated fast enough to shield consumers from today’s higher prices
(To be sure, boosting natgas production will help lower electricity prices, which will benefit Tesla owners in short-term ⚡️)
(To be sure, boosting natgas production will help lower electricity prices, which will benefit Tesla owners in short-term ⚡️)
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