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 Volkswagen ID.4 electric SUV is currently manufactured in Germany and China but will begin U.S. production in 2022.
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Werner Vogels, Amazon’s chief technical officer, spoke to Cheddar about the 15 years of impact AWS has had on cloud computing and the world.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Maxine Williams, chief diversity officer at Facebook, spoke to Cheddar from the all-virtual SXSW to discuss Facebook's progress on improving diversity and inclusion within the social media giant.
NASA has completed an engine test firing of its moon rocket, after the first attempt in January ended prematurely.
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Doug Scott, Twitch CMO, talked to Cheddar about the platform's streaming success partly by allowing its audience to be creators as well.
CEO and founder of OloNoah Glass spoke to Cheddar about the restaurant tech firm's successful public offering on Wednesday.
Cannabis e-commerce platform Dutchie announced a $200 million Series C round of funding that the company said values it at $1.7 billion.
