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 next time you get a call about an upcoming medical appointment you may not be talking to a human. Hospitals are increasingly using AI assistants.
Schools are turning to AI-powered surveillance technology to monitor students on school-issued devices like laptops and tablets. But there are risks.
Hours after a series of outages that left X unavailable to thousands of users, Elon Musk is claiming that the social media platform is being targeted in a “massive cyberattack." Musk said on a post Monday that the attacker is either a large, coordinated group or a country. Complaints about outages spiked Monday at 6 a.m. Eastern and again at 10 a.m, with more than 40,000 users reporting no access to the platform, according to the tracking website Downdetector.com. A sustained outage appeared to begin just after noon Eastern.
The World Video Game Hall of Fame has revealed its 12 finalists for 2025. Members of the public have a week to vote for their favorites online.
An insider account being billed as an “explosive” memoir about “seven critical years” at Facebook/Meta will be published next week.
Extinction is still forever. But scientists at a biotech company are trying what they say is the next best thing to restoring ancient beasts.
The typically tight-lipped CIA is peeling back the curtain on some of its secrets with an upcoming presentation at South By Southwest festival.
Melania Trump says it’s “heartbreaking” to see teens grapple with the fallout after they’re targeted by malicious and sexually explicit online content.
A woman is suspected in a string of vandalism against a Colorado Tesla dealership that included Molotov cocktails thrown at vehicles.
Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011.
