Yearly gas prices

- A + A KUALA LUMPUR (Aug 14): The transition to clean energy is inevitable as the world moves towards reversing the impact of climate change, while simultaneously strengthening energy security to hedge against external uncertainties, such as the Russia-Ukraine conflict’s impact on the energy sector. TNB Generation Sdn Bhd (TNB Genco) chief operating officer Datuk Ir Roslan Abd Rahman said Tenaga Nasional Bhd (TNB) plans to reduce its dependency on coal by 50% by 2035 and is seriously looking into renewable energy sources such as hydrogen and ammonia. “We do not want to be dependant on a single source to generate electricity. Renewable energy such as hydrogen is more secure now, as we need to import coal from producing countries such as Indonesia. “We will have a problem if Indonesia stops exporting its coals,” he told Bernama on the sidelines of a media visit to TNB’s hydropower stations in Cameron Highland recently. Also present were TNB head of state … [Read more...] about Energy transition inevitable in ensuring energy security

ANOTHER INFLATION EXPLOSION… CNBC: Inflation rose 9.1% in June, even more than expected, as price pressures intensify Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad measure of everyday goods and services, soared 9.1% from a year ago, above the 8.8% Dow Jones estimate. That marked another month of the fastest pace for inflation going back to December 1981. Excluding volatile food and energy prices, so-called core CPI increased 5.9%, compared to the 5.7% estimate. On a monthly basis, headline CPI rose 1.3% and core CPI was up 0.7%, compared to respective estimates of 1.1% and 0.5%. Taken together, the numbers seemed to counter the narrative that inflation may be peaking, as the gains were based across a variety of categories. WHITE HOUSE REACTION: DON’T BELIEVE YOUR EYES… ADMIN WILL KEEP SELLING OFF OUR … [Read more...] about Editors Daily Rundown: Another Inflation Explosion

BREAKING THIS AM… RECORD INFLATION NUMBERS… BEN CASSELMAN, NYT: U.S. consumer prices rose 1% in May and were up 8.6% from a year earlier, faster than April’s 8.3% pace. The reacceleration in headline inflation was driven by another big jump in gas prices. […] The 8.6% increase in consumer prices over the past year is the fastest pace of inflation since December 1981. NEVER MIND THAT… PELOSIPALOOZA BEGINS!! … DEMOCRATS RELY ON HEARING FOR DONATIONS… ‘THE PRIMARY PURPOSE OF IT IS … FUNDRAISING’ … AXIOS: Democrats’ Jan. 6 fundraising spree Democrats are leaning on this week’s Jan. 6 committee hearings and the broader investigation into the Capitol attack to juice small-dollar donor enthusiasm, records show. […] Thursday’s hearing has set off debate in Washington about whether the probe will move votes for Democrats in November. The more apparent upside, though, is a boost to the the party’s grassroots fundraising program. […] “The primary purpose of it is … [Read more...] about Editor Daily Rundown: Inflation Hits New Record In Biden’s America

Share to Twitter Share to Linkedin Video killed the radio star, and streaming services will soon kill television. Are streaming services the next industry to be disrupted? The average cable package in America is $217.42 per month. The average household spends $205.50 per month on all major utilities combined including electricity, gas, water, sewage, and garbage. For a money strapped customer, they are going to look at where they can cut costs. Netflix costs $15 dollars per month, and this week Disney+ announced it is raising its premium subscription to $10.99 per month. With a recession looming, consumers are already taking a closer look at their expenditures. Eventually the consumer will become frustrated with the dizzying experience that these competing platforms are creating for them. Just like Google once organized and democratized content on the internet, perhaps someone will eventually build a loophole to the saturated streaming market in … [Read more...] about Customers Don’t Care About Streaming Wars – They Just Want Their Content