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Greta Thunberg to U.S. Congress on climate change: ‘Wake up’

2 hours ago DieselGasoil Comments Off on Greta Thunberg to U.S. Congress on climate change: ‘Wake up’
WASHINGTON (Reuters) – Swedish teenager Greta Thunberg, who has inspired a global movement for climate change, delivered a strong message to U.S. lawmakers on Wednesday: “Wake up.” Wrapping up a six-day visit to Washington, D.C., the 16-year-old Thunberg rallied a room full of Democratic lawmakers and activists, urging them to follow scientific warnings and push Read More

U.S. bankers seize on repo-market stress to push for softer liquidity rules

3 hours ago DieselGasoil Comments Off on U.S. bankers seize on repo-market stress to push for softer liquidity rules
WASHINGTON (Reuters) – Big U.S. banks are using the recent chaos in short-term funding markets as an opportunity to pressure the Federal Reserve to ease liquidity requirements they have long despised. JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Read More

Parts shortage leads GM to lay off 1,200 temporarily in Canada

4 hours ago DieselGasoil Comments Off on Parts shortage leads GM to lay off 1,200 temporarily in Canada
FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt Cassio (Reuters) – The strike against General Motors Co’s (GM.N) U.S. operations has led to a parts shortage, the automaker said on Wednesday, and as a result it announced the temporary lay-offs of Read More

‘Alexa, send $20 to my favorite presidential candidate’

5 hours ago DieselGasoil Comments Off on ‘Alexa, send $20 to my favorite presidential candidate’
WASHINGTON (Reuters) – Amazon (AMZN.O) said on Wednesday it will make donating to a U.S. presidential candidate as easy as turning on the lights or replenishing a household’s toilet-paper stocks, via its Alexa digital assistant. FILE PHOTO: Prompts on how to use Amazon’s Alexa personal assistant are seen alongside an Amazon Echo in an Amazon Read More

California waiver fight may become a top energy issue in election

5 hours ago DieselGasoil Comments Off on California waiver fight may become a top energy issue in election
Highlights Battle heads to the courts, adding to uncertainty for automakers Trump says rollback helps drivers to replace older cars Policy expected to boost US oil demand by 500,000 b/d Washington — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now US President Donald Trump said Wednesday he is revoking Read More

Trump and California go to war over clean cars

5 hours ago DieselGasoil Comments Off on Trump and California go to war over clean cars
WASHINGTON (Reuters) – U.S. President Donald Trump and the state of California went to war on Wednesday over who should set the standards in the United States for vehicle emissions and electric cars, foreshadowing a legal battle over environmental policy issues that will affect the auto industry and consumers. In a morning flurry of tweets, Read More

U.S. trade groups urge Congress to rein in ‘Tariff Man’ Trump

8 hours ago DieselGasoil Comments Off on U.S. trade groups urge Congress to rein in ‘Tariff Man’ Trump
WASHINGTON (Reuters) – Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump’s power to unilaterally impose tariffs amid growing concern about the negative economic impact of his trade policies. FILE PHOTO: U.S. President Donald Trump walks to address the media before boarding Marine One for a Read More

Fed does the ‘right thing’ in supporting repo market: JPMorgan’s Dimon

8 hours ago DieselGasoil Comments Off on Fed does the ‘right thing’ in supporting repo market: JPMorgan’s Dimon
WASHINGTON (Reuters) – JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon credited the U.S. Federal Reserve on Wednesday with doing the “right thing” in supporting the overnight funding needs of banks after borrowing costs suddenly spiked on Monday. JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative Read More

Greta Thunberg to Congress: ‘Don’t listen to me. Listen to the scientists’

9 hours ago DieselGasoil Comments Off on Greta Thunberg to Congress: ‘Don’t listen to me. Listen to the scientists’
WASHINGTON (Reuters) – Swedish teenage climate activist Greta Thunberg delivered a short and direct message before a Congressional hearing on Wednesday: “I don’t want you to listen to me. I want you to listen to the scientists.” The 16-year old founder of the ‘Fridays For Future’ weekly school walkouts to demand government climate-change action that Read More

Saudi oil outage impact following attacks on refineries not as bad as predicted

17 hours ago DieselGasoil Comments Off on Saudi oil outage impact following attacks on refineries not as bad as predicted
The attacks on Saudi oil facilities that led to the largest ever disruption in oil markets might not last for several months, and therefore, additional supply from the Strategic Petroleum Reserve isn’t necessary. The outage at Abqaiq is not just a problem because of the immediate impact on production, but also because it takes much Read More