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Energy News Beat Podcast

EV Maker Falters

26 Feb 2025

Description

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner discusses several key updates: Nikola, the EV automaker, faces bankruptcy after fraud allegations and failed promises; New York's net zero climate plans are unraveling due to canceled wind projects and lost subsidies; oil and gas markets are down, influenced by economic concerns and upcoming tariffs; Civitas Energy’s stock drops after firing their COO and announcing workforce cuts despite strong financials; and Chord Energy also sees a decline in stock after reporting a slight production decrease despite high capex spending. Tanner wraps up the episode with a quick overview of market dynamics and energy news.Highlights of the Podcast00:00 - Intro01:10 - Green Swindle Loses Again: EV Automaker Runs Out Of Juice02:45 - NY’s Net Zero Dream Unravels As Utopian Climate Plans Face Lawsuit Woes05:22 - Markets Update07:24 - Civitas Resources, Inc. Reports Fourth Quarter and Full Year 2024 Results08:48 - Chord Energy Reports Strong Q4, Increases Dividend09:32 - OutroPlease see the links below or articles that we discuss in the podcast.Green Swindle Loses Again: EV Automaker Runs Out Of JuiceNY’s Net Zero Dream Unravels As Utopian Climate Plans Face Lawsuit WoesFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

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