July 2020

THE GREEN ELECTRIC CAR MYTH: 772 Pounds Of Petro-Chemical Plastics In Each Vehicle

How can an electric car be called “Green” when it contains more than 700 pounds of plastic??  Electric vehicle (EV) manufacturers are using more plastic to lower the weight of the car due to the massive battery used, weighing more than 1,000 pounds.  Unfortunately, plastic is still made from petrochemicals,…

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CHART OF THE WEEK: Top U.S. Shale Gas Stocks Crushed Even With Double The Production

The top U.S. shale gas producers have seen their stock prices decimated from their highs reached in 2014.  What’s even worse is that the horrible stock performance occurs even with a nearly doubling of these shale companies’ gas production. While likely everyone heard the news that Chesapeake Energy, the United…

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Peru’s 2020 Silver Production Down By One-Third Due To Mine Lock-downs

The world’s second-largest silver producer saw its mine supply fall by one-third due to lockdowns stemming from the global contagion.  When the Peru Ministry of Mines released its metals production figures last month for April, the country’s domestic silver mine supply fell by a stunning 74%. Then on July 3rd,…

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