In March 2023, E&E News, a Politico outlet, published a fascinating article suggesting that oil companies might soon face not only civil lawsuits. It suggested they might face criminal charges — for climate homicide. At the time, I missed the article. Of course I would, there was so much happening elsewhere and that article didn’t really get the amplification typical of pretty much anything with the word “climate” in it. I guess it’s because the paper, on which the article was based, wasn’t...

Crude oil prices moved higher after the Energy Information Administration reported a crude oil inventory build of 500,000 barrels for the week to October 2. A larger decline in gasoline and distillate stocks and a sizeable increase in production, however, were more bullish. This compares with a 2-million-barrel draw estimated for the previous week and analyst expectations for a moderate build of less than 300,000 bpd. A day earlier, the American Petroleum Institute estimated an inventory...

When it listed in June, Nikola took EV-hungry markets by storm, with its shares soaring more than 100 percent within three days of trading. Now, just four months later, the company is facing a probe from the Securities and Exchange Commission, its founder has stepped down from his executive chairman post, and GM is renegotiating a deal that was all but sealed and extremely bullish for the newcomer in the automaking space. Nikola, perhaps because of its name, was hailed by the media as a...