European automakers could be faced with large cuts in car production by as much as 40% each quarter through the end of 2023. Auto forecaster S&P Global Mobility is projecting a worst-case scenario. With the auto industry still recovering from the pandemic and Russia’s invasion on Ukraine, paired with soaring energy costs and power cuts, […]
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Yesterday morning, U.K. Prime Minister Boris Johnson imposed a 6-week lockdown in England due to a surge in Covid-19 infections. Lockdown measures are like ones imposed last spring and include the closures of secondary and primary schools. CNN reported, people will be allowed to leave their homes for limited reasons like shopping for essentials, exercise […]
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Over the weekend, Italy announced that they were planning to quarantine the northern region of Lombardy as they fought to contain the spread of the coronavirus (COVID-19). The government put measures in place, such as fines, to prevent people from entering and leaving the region until at least April 3rd. They also imposed a decree […]
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As we enter the end of our winter season in the Northeast, the mild winter combined with global oversupply fears has caused liquefied natural gas (LNG) prices to plummet and the worst may not be over.
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