Week Recap: Consumer Revolt, BP’s Strategy Shift, and Ford's Big EV Losses

Please see the links below or articles that we discuss in the podcast.

Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars
https://energynewsbeat.co/bidens-ev-mandate-is-backfiring-as-consumers-rebel-against-electric-cars/

Investors Turn To Fossil Fuels As Green Energy Falters On Costs, Reliability
https://energynewsbeat.co/investors-turn-to-fossil-fuels-as-green-energy-falters-on-costs-reliability/

Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers
https://energynewsbeat.co/many-roadblocks-delay-journey-to-zero-carbon-world/

BP and Shell Brace for Profit Drop
https://energynewsbeat.co/bp-and-shell-brace-for-profit-drop/

Colonial Pipeline Weighs Sale at $10 Billion-Plus Value
https://energynewsbeat.co/colonial-pipeline-weighs-sale-at-10-billion-plus-value/

Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion
https://energynewsbeat.co/ford-lost-another-58k-for-every-ev-sold-in-third-quarter-or-1-2-billion/

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Stuart Turley and Michael Tanner discuss key energy market trends, including backlash against EV mandates, rising interest in traditional combustion engines due to cost concerns, and hedge funds shifting investments from green energy to fossil fuels. They highlight political influences on climate policies, the underperformance of climate investments despite stimulus efforts, and upcoming financial challenges for BP and Shell. Additionally, they discuss the potential $10 billion sale of Colonial Pipeline, its strategic importance, and conspiracy theories surrounding it. Lastly, they detail Ford's significant financial losses on EV sales, emphasizing the need for more viable hybrid models.

#EnergyNews #EVBacklash #FossilFuels #GreenEnergy #ClimatePolicy #BPandShell #ColonialPipeline #FordEVLoss #HybridCars
#EnergyInvestments

Highlights of the Podcast

00:00 - Intro
01:11 - Biden’s EV Mandate Is Backfiring As Consumers Rebel Against Electric Cars
05:02 - Investors Turn To Fossil Fuels As Green Energy Falters On Costs, Reliability
07:31 - Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers
11:57 - BP and Shell Brace for Profit Drop
13:52 - Colonial Pipeline Weighs Sale at $10 Billion-Plus Value
15:59 - Ford Lost Another $58K For Every EV Sold In Third Quarter, Or $1.2 Billion
17:54 - Outro

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