In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, President and CEO of the Sandstone Group, covers a range of energy-related topics in his daily update. He discusses state rankings for electric vehicles (EVs) in the U.S., with California leading, while states like Mississippi lag behind. Turley also reports on recent incidents, including a fire at Rivian's manufacturing plant and geopolitical tensions affecting oil prices. Additionally, he addresses Exxon’s forecast that oil demand will remain steady until 2050, despite global efforts to transition to renewable energy, emphasizing the ongoing need for fossil fuels alongside renewables.

Highlights of the Podcast

00:00 - Intro

01:02 - State Rankings: Electric Vehicles per Capita in the United States

03:51 - Green Inferno: Fire at Tesla Rival Rivian’s Illinois EV Plant Damages Electric Trucks

04:39 - Oil Prices Soar as Geopolitical Risk Rises Rapidly

06:01 - Stricken suezmax off Yemen now an ‘imminent’ environmental hazard

07:07 - Exxon Sees 2050 Oil Use at Current Level, Despite Net Zero Goal

11:04 - Outro

Please see the links below or articles that we discuss in the podcast.

State Rankings: Electric Vehicles per Capita in the United States

Green Inferno: Fire at Tesla Rival Rivian’s Illinois EV Plant Damages Electric Trucks

Oil Prices Soar as Geopolitical Risk Rises Rapidly

August 26, 2024 Mariel Alumit

Stricken suezmax off Yemen now an ‘imminent’ environmental hazard

Exxon Sees 2050 Oil Use at Current Level, Despite Net Zero Goal

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