Seeking Alpha author Kirk Spano joins Cheddar to discuss his view on the electric vehicle industry and how it relates to the demand for oil. He talks about fracking and the "peak" of the oil plateau.
Spano suggests that fracking is done accelerating and will most likely only produce 10-11 million barrels a day moving forward.
He believes the takeover of electric vehicles may not happen as soon as people expect. He doesn't see families giving up their cars and dropping everything to go electric. He predicts 1 billion EVs will hit the road by 2040. Additionally, Spano believes oil prices will rise a bit and worries that war may drive up the demand.
The White House dropped Trump-era executive orders that attempted to ban the popular apps TikTok and WeChat and will conduct its own review.
Criminal gangs that used a secure-messaging app called ANOM unwittingly allowed the FBI and other law enforcement agencies to eavesdrop on their conversations.
Jeff Bezos will be aboard for Blue Origin's first human space flight next month.
Twitter is rolling out a subscription service, starting in Canada and Australia, that offers perks like an undo button for subscribers.
Facebook says it will suspend former President Donald Trump's accounts for two years following its finding that he stoked violence ahead of the deadly Jan. 6 insurrection.
Gas pipelines have long been a vulnerable target due to their value and exposed nature, yet while government agencies have doubled down on physical security, cybersecurity has been overlooked for decades.
Critics of bitcoin's energy use argue that its carbon footprint is way out of proportion with its social value, while supporters assert that bitcoin is no different than the rest of the financial system.
United said Thursday that it reached a deal with startup aircraft maker Boom Supersonic to buy 15 of Boom's Overture jets.
NASA is returning to sizzling Venus, our closest yet perhaps most overlooked neighbor, after decades of exploring other worlds.
Officials are confirming hackers infiltrated computer systems for North America’s largest transit system in April.
