Remove Climate Remove Oil Prices Remove Supplies Remove Ukraine
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Tesla’s production expansion, surging oil prices bring stock upgrade from Daiwa Securities

Teslarati

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock.

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A Guide To Fuel Efficient Driving — Part Three (2022 Update)

CleanTechnica EVs

Thanks to Covid-induced supply chain issues and Russia’s war with Ukraine, oil prices have surged to over $100/barrel at times. That and the dearth of refining capacity (converting crude oil to gasoline/diesel) has pushed the price of gasoline and diesel to record highs.

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EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California

Green Car Congress

In 2022, both low global distillate fuel inventories and high crude oil prices have been contributing to higher global distillate prices. Global distillate inventories had been relatively low before Russia’s invasion of Ukraine because of higher demand and lower refinery production of distillate.

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