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 Podcast 00:00 - Intro 00:56 - EV Sales Slump: A Global Reality Check 02:44 - Revolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in again 04:09 - 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 Europe 08:11 - US Sees Small Global Oil Deficit in 2025, in Outlook Reversal 11:12 - GM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on It 15:17 - Outro Please see the links below or articles that we discuss in the podcast. EV Sales Slump: A Global Reality Check Revolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in again Stop the ‘green hallucinationists’ plan to close all 200 coal power plants. Democracy Is Dead: A Coup Against Right Wing Movements Is Underway In Europe US Sees Small Global Oil Deficit in 2025, in Outlook Reversal GM Shuts Down its Misbegotten Robotaxi Money-Pit after Acquiring Cruise in 2016 and then Blowing $10 Billion on It Follow Stuart On LinkedIn and Twitter Follow Michael On LinkedIn and Twitter ENB Top News ENB Podcast ENB Substack ENB Trading Desk Oil & Gas Investing In 2024 – Get in Contact With The Show –