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 Podcast
00:00 - Intro
01:10 - Green Swindle Loses Again: EV Automaker Runs Out Of Juice
02:45 - NY’s Net Zero Dream Unravels As Utopian Climate Plans Face Lawsuit Woes
05:22 - Markets Update
07:24 - Civitas Resources, Inc. Reports Fourth Quarter and Full Year 2024 Results
08:48 - Chord Energy Reports Strong Q4, Increases Dividend
09:32 - Outro
Please 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 Twitter