Rents ticked down in October from the prior month as the supply of apartments coming onto the market outpaces demand.
(Bloomberg) -- The text to Elon Musk: a picture of giant scissors. Musk’s text back: a picture of a sword.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe person on the other end: Howard Lutnick — Wall Street billionaire, MAGA believer and head-hunter-in-chief to Donald Trump
Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration. The Environmental Protection Agency rule follows through on a directive from Congress included in the 2022 climate law. The new fee is intended to encourage industry to adopt best practices that reduce emissions of methane — the primary component of natural gas — and thereby avoid paying. Methane is a climate “super pollutant” that is far more potent in the short term than carbon dioxide and is responsible for about one-third of greenhouse gas emissions.
(Bloomberg) -- OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationGlobal oil consumption will increase by 1.8 million barrels a
U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump. The methane charge is among the last actions the outgoing administration has taken to tackle the second most prevalent greenhouse gas after carbon dioxide that tends to leak into the atmosphere undetected from drill sites, gas pipelines and other oil and gas equipment.
The market seems to be on “steroids” after Donald Trump’s victory in the US Presidential elections last week, with strong risk-on flows and even theUS Dollar pushing higher despite the Fed cutting...
Oil prices are trading back and forth on mixed signals from our good friends at the OPEC cartel and their felling of pessimism that is out of line with the optimism of the Trump Train...
