Remove Companies Remove Cost Of Remove Lebanon
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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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million-bbl/d Tapline to Lebanon. Use of the alternate routes would increase the cost of transportation. However, in 1996, the TPP was shut down as oil companies began shipping Alaskan crude along alternative routes. Other alternate routes could include the deactivated 1.65-million

Oil 297
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EV fightback! Can the 2026 Honda-Nissan-Mitsubishi merger finally get Japan competitive against Tesla and the Chinese?

EV Central

Instead, Honda wants all three to pool resources and share the huge cost of developing its next-generation EVs and plug-in hybrids. Sharing costs would drive up profit, enabling it to compete on a level-footing with the likes of both Tesla and the looming threat of Chinese car-makers such as BYD. Nissan Ariya EV. Mitsubishi eK X EV.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

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Each producer, therefore, is incentivized to undercut other producers directly (price per barrel) or indirectly (absorbing shipping cost or delivery risk) to win sales in Asia (or displace incumbent suppliers in other major markets). National oil producers can and are shifting the cost of the lowered prices to other sectors of the economy.

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This Solar Engineer Is Patching Lebanon’s Power Grid

Cars That Think

In Mira Daher s home country of Lebanon, the national grid provides power for only a few hours a day. The countrys state-owned energy provider, Electricity of Lebanon (EDL), has long struggled to meet demand, and a crippling economic crisis that began in 2019 has worsened the situation.