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What Welcoming Chinese Automakers Means for National Security
Same as it ever was? Not this time. Foreign investment from a direct adversary won't end well.
READ MORESame as it ever was? Not this time. Foreign investment from a direct adversary won't end well.
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The U.S. is lagging behind the rest of the world’s major auto markets in the transition to EVs.
The oil market is close to rebalancing, and one big factor has been the steep decline in U.S. shale production.
OPEC+ is ramping up production just as the demand outlook has begun to deteriorate.
Behind the billions of dollars in write-downs is a substantially gloomier assumption about the long-term trajectory of the oil market.
The Dakota Access pipeline shutdown could remove 570,000 barrels per day of takeaway capacity from the Bakken shale formation.
Iran has announced a new oil pipeline project that would allow it to bypass the Strait of Hormuz
With global demand perhaps permanently scarred from the pandemic, the U.S. oil industry may have already peaked.
Two high-profile pipeline setbacks are part of a broader story in which the winds facing the oil and gas industry are blowing in an increasingly unfavorable direction.
A tighter market could help shale bounce back, but the heady days of aggressive growth-at-all-costs drilling are long gone.
A growing number of analysts argue that the worst is over for oil, but demand remains substantially lower.
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