Wednesday, January 3, 2018

December, 2017, EV Sales Starting To Be Reported -- January 3, 2017

From insideevs.com:
  • overall, this will be best month for EV sales 
  • Tesla
    • huge jump in Model S  (which is interesting on several levels)
    • Model X jumps month-over-month but about the same as in September, 2017
    • Model 3 yet to be reported
  • Chevy Bolt: nice bump but not as exciting as the headlines have made it out to be
  • Nissan Leaf falling away; new model yet to start selling? I don't know
  • Honda Clarity takes big jump from less than 500 last month; now 1,425 in December, 2017
  • of everything else reporting, nothing exciting
API crude oil inventories (link here): a 4.992 million drawdown. I use EIA data to re-balance. That data will come out tomorrow.

Nuclear. Link here
Scana, the South Carolina utility that last year abandoned its plan to build two of the first new commercial nuclear reactors in the US for 40 years, has accepted an all-share takeover offer from Dominion Energy valued at $14.6bn including debt.
The deal, which is dependent on regulators approving Dominion’s plan to manage the remaining costs from the failed reactor project, comes after Scana was laid low by its ambitious attempt to expand its nuclear generation capacity.
Thomas Farrell, Dominion’s chief executive, said he expected South Carolina’s future increases in power demand to be met by gas-fired plants and renewable energy. [Comment: "renewable energy" is always thrown in to get support of the mainstream media, and to get support of the regulators. In reality, it will amount to very little in the big scheme of things. Natural gas is the big winner here.]
WTI: closed up 2.6%. Wow. Iran-related?

Natural gas: from Twitter --
Natural gas deliveries jumped to a record on New Year’s Day in the lower 48 states, topping volumes reached four years ago during the “polar vortex,” which unleashed bone-chilling conditions across the Midwest and Northeast. 

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