Week Recap: Exxon’s Expansion, EV Challenges, and Tesla’s Triumphs

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the host, Stuart Turley's covers a range of topics, including Exxon increasing oil production investments, challenges in the EV market due to costs and infrastructure, and advancements like Mercedes-Benz's solar-powered EV concept. He critiques U.S. energy policies, lauds coal as a reliable energy source, and highlights global coal plant developments, particularly in China. Turley also emphasizes the inefficiencies of renewable energy mandates and advocates for hybrid vehicle models. He discusses General Motors' costly failure with Cruise's Robotaxi and praises Tesla's innovation. Lastly, he highlights oil and gas companies' strategies to reward shareholders while maintaining production.Highlights of the Podcast00:00 - Intro00:56 - EV Sales Slump: A Global Reality Check02:44 - Revolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in again04:09 - Stop the ‘green hallucinationists’ plan to close all 200 coal power plants.06:19 - Democracy Is Dead: A Coup Against Right Wing Movements Is Underway In Europe08:11 - US Sees Small Global Oil Deficit in 2025, in Outlook Reversal11:12 - GM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on It15:17 - OutroPlease see the links below or articles that we discuss in the podcast.EV Sales Slump: A Global Reality CheckRevolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in againStop the ‘green hallucinationists’ plan to close all 200 coal power plants.Democracy Is Dead: A Coup Against Right Wing Movements Is Underway In EuropeUS Sees Small Global Oil Deficit in 2025, in Outlook ReversalGM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on ItFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

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