Cut

2022 - 6 - 1

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Image courtesy of "Reuters"

Gazprom cuts gas supply to Orsted and Shell Energy (Reuters)

Russian gas producer Gazprom has cut off gas supplies to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, ...

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Image courtesy of "Business Insider"

Russia cuts natural gas to Germany as Shell refused to pay in rubles (Business Insider)

Gazprom has also cut off gas supply to the Netherlands, Poland, Bulgaria, and Finland, as they have all refused to pay in rubles.

On Wednesday, the Russian gas company said it has also halted gas supplies to Danish power company Orsted as it, too, refused to pay in rubles. The move came after Shell refused to pay Gazprom in rubles. Germany's economy ministry did immediately not respond to Insider's request for comment sent outside regular business hours. On Tuesday, Gazprom said it has fully suspended gas supplies to GasTerra due to the Dutch trader's "failure to pay in rubles." "Gazprom Export notified Shell Energy Europe Limited of the suspension of gas supplies under this contract from June 1, 2022" — until payment is made in rubles, the Russian company continued. Gazprom said in its Telegram channel on Tuesday that Shell Energy Europe had notified Gazprom "it does not intend to make payments under the contract for the supply of gas to Germany in rubles."

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Image courtesy of "Bloomberg"

Oman Backs U.S. Firm Mining Crypto to Cut Natural Gas Flaring (Bloomberg)

Oman's sovereign wealth fund took an equity stake in a U.S. firm that helps fossil-fuel producers cut flaring by using stranded natural gas to power ...

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Image courtesy of "Moneyweb.co.za"

Gas wars deepen as Russia curbs supplies to more European buyers (Moneyweb.co.za)

'Putin's decision to cut gas deliveries to Denmark is pure blackmailing and completely unacceptable.'

“We stand firm in our refusal to pay in rubles, and we’ve been preparing for this scenario,” Orsted chief executive officer Mads Nipper said in a statement. The company “continues to work on a phased withdrawal from Russian hydrocarbons, in compliance with applicable laws and regulations.” While that’s just a fraction of EU’s gas imports, it accounts for more than 80% of the 24 terawatt-hours Denmark imported last year. That’s less than 0.8% of what the Russian company supplied to the European Union last year. Shell Energy Europe has a contract with Gazprom for gas supplies to Germany of as much as 1.2 billion cubic meters a year, according to the Russian exporter. About 20 billion cubic meters of gas supplies have been cut off, about 15% of Europe’s pipeline imports from Russia.

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Image courtesy of "ABC News"

Russia cuts off natural gas supply to Denmark, company says (ABC News)

Denmark's largest energy company says Russia cut off its gas supply because it refused to pay in rubles.

The 27-nation bloc has relied on Russia for 25% of its crude and 40% of its natural gas. Russia's move means that Denmark must purchase more gas on the European gas market, the company added. Russia previously halted natural gas supplies to Finland, Poland and Bulgaria for refusing a demand to pay in rubles. Moscow offered customers receiving its natural gas to establish an account in dollars or euros at Russia’s third-largest bank, Gazprombank, then a second account in rubles. The agency said that Denmark losing its supply would not have immediate consequences “We stand firm in our refusal to pay in rubles, and we’ve been preparing for this scenario,” Ørsted CEO Mads Nipper said.

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Image courtesy of "Forbes"

Shippers Strive To Cut Emissions With Better Planning (Forbes)

Oracle's transportation management system offers a solution that allows transportation planners to see estimated emissions – carbon dioxide, nitrous oxides, ...

Some of Oracle’s customers need to be able to calculate the miles driven in the province, so that they can adhere to the regulatory requirements. The TMS estimates the cost of a trip inclusive of a carrier’s rate for the lane along with estimated accessorial and fuel surcharges. This tool can also be used to estimate transportation emissions in advance of any shipments. Calculating estimated fuel use is based on estimated miles in a trip, the weight of the load, and the type of equipment. A transportation management system (TMS) allows a shipper or carrier to plan the most cost-effective set of shipments that meets service level goals. According to the environmental protection agency, in the US, the transportation sector accounts for 29% of all greenhouse gas emissions.

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Image courtesy of "Central Track"

Song Of The Day: Cut Throat Finches -- "Bad Habit" | Central Track (Central Track)

Like A Bad Habit, Cut Throat Finches' Latest Western Alternative Rock Track Is Addicting In The Best Way.

“Bad Habits” is one of two singles on Modern Electric Sessions and one of a handful of singles they have out. The “Americana-ish” indie/alternative rock band has been making music together with its combination of eclectic tastes since 2015. By highlighting one new North Texas-sprung tune every week day, our hope is that you’ll find something new to love about the rich and abundant DFW music scene five days a week.

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Image courtesy of "Pennsylvania Capital-Star"

With budget season approaching, Pennsylvania business leaders ... (Pennsylvania Capital-Star)

Pennsylvania chambers of commerce say a tax cut will attracts businesses and create jobs.

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Image courtesy of "Financial Post"

Flow of gas to Denmark from Germany steady amid Gazprom cut-off (Financial Post)

COPENHAGEN — The flow of natural gas to Denmark via Germany remained steady on Wednesday, despite Gazprom's decision to halt supplies, data from Danish ...

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Russia's Gazprom cuts gas to Germany, Denmark over ruble fight (Fox Business)

Russian energy giant Gazprom cut off gas supplies to top energy companies in Denmark and Germany after they refused to pay in the mandated Russian ruble.

Nations have been bracing for an end to their Russian-supplied gas following Moscow’s March mandate and Dutch energy company GasTerra said this week it expected its supplies to be cut off. The cuts to German gas supplies were significantly less impactful, as Gazprom provided less than two percent of the country’s annual natural gas needs. Russian energy giant Gazprom on Wednesday said it had completely cut off its gas supplies to two reigning energy companies in Denmark and Germany after they refused to pay in rubbles.

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Image courtesy of "Cornell Chronicle"

Consumers embrace milk carton QR codes, may cut food waste ... (Cornell Chronicle)

Milk carton “use-by” dates soon may be a quaint relic. A new Cornell study finds that consumers like QR codes, better depicting how long milk is drinkable ...

“During two-month study, over 60% of customers purchased the milk with the QR code, showing a considerable interest in using this new technology,” Lau said. She wanted to assess consumer acceptance for QR code technology that may one day replace the static best-by or sell-by dates commonly found on food products. The environment is affected too. Smart refrigerators ultimately could also tell consumers about a suggested recipe that uses the products in the refrigerator that are close to the end of shelf life, he said, “This type of new digital food system infrastructure can reduce food waste.” Not only could the QR codes accurately inform consumers on drinkability and dynamic pricing, he said, but the technology exists where smart milk cartons could communicate with smart refrigerators to inform a household of the need for fresh milk. “This revealed that the use of QR codes on food products can be an innovative way to address the larger issue of food waste.”

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Image courtesy of "CNN"

Why Russia isn't hurting even as it cuts off Europe's gas - CNN (CNN)

Russia's increasingly aggressive actions against its European gas customers are taking a toll. The country's natural gas exports have tumbled by more than a ...

The bloc has set a target for member states' underground stores to be at least 80% full by November. Russia may not feel the impact just yet. The Netherlands' GasTerra similarly said

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Image courtesy of "Business Insider South Africa"

Russia is cutting off Denmark's supplies of natural gas (Business Insider South Africa)

In March, President Vladimir Putin said Russia would require "unfriendly" countries that had imposed sanctions on Moscow to pay for its gas in rubles. Getty ...

Denmark has vast reserves of natural gas but closed one of its biggest gas fields in Tyra in September 2019 for renovations. Ørsted said that there wasn't a direct gas pipeline from Russia to Denmark so Russia couldn't directly cut off the country's gas supplies. "At Ørsted, we stand firm in our refusal to pay in rubles, and we've been preparing for this scenario, so we still expect to be able to supply gas to our customers," CEO Mads Nipper said. Gazprom said on Wednesday morning local time that it had "completely" stopped supplies to Ørsted, Denmark's largest energy company because it hadn't paid in roubles. Denmark says it doesn't expect the move to significantly impact its energy security. In late March, President Vladimir Putin said Russia would require "unfriendly" countries that had imposed sanctions on Moscow to pay for its gas in rubles.

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Image courtesy of "Reuters"

GM to cut prices on EV Chevrolet Bolt up to 18 percent (Reuters)

General Motors Co on Wednesday said it will sharply cut prices on its electric Chevrolet Bolt after the Detroit automaker had halted sales for six months ...

The company has been lobbying Congress to extend a $7,500 tax credit for EV purchases. Bolt sales in 2021 hit a high of 24,828 vehicles. The Bolt EUV will start at $28,195 down from $35,695.

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Image courtesy of "Financial Mail"

SIMON BROWN: Cut back, grow a beard (Financial Mail)

OK, not everyone can save on razor blades, but making a series of small cuts will add up to a surprisingly weighty monthly saving.

We could walk places instead of driving, but that’s not really practical in our sprawling cities... We could cancel DStv, if we haven’t already, and visit friends for match day. Then throw in rising interest rates and the soaring cost of food, with staples seemingly going up between every shop.

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Image courtesy of "The New Yorker"

Smart New Ways to Cut a Cake, According to TikTok (The New Yorker)

Shave it with a Mach3 razor: Run the blades along the icing as close to the outer crumbs as possible, being careful not to nick the jam. Spoon it into ...

Dig it up: Sweep the frosted surface with a metal detector. Stomp on it as if a talent agent for the show “Stomp” were in the room: You never know! Gently kiss it on your way back up.

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GM's 2023 Chevy Bolt EV Gets a Massive Price Cut (Review Geek)

These days EV manufacturers like Tesla and Rivian are raising the prices of vehicles at an alarming rate, but GM decided to do the complete opposite.

Chevy’s high-end Bolt EUV Premium model no longer costs $39,000 either, and GM lowered the 2023 model to start at $32,695. The 2023 Bolt EUV in the LT trim will run you around $28,200, which again is 18% lower than last year. Additionally, the Chevy Bolt EV (2LT trim) is packed with leather seats, lane-change alerts, and other upgrades and will see a similar 16% discount for the new model year.

Consumers embrace milk carton QR codes, may cut food waste (Science Daily)

The 'use-by' and 'best-by' dates printed on milk cartons and gallon jugs may soon become a thing of the past, giving way to more accurate and informative QR ...

"During two-month study, over 60% of customers purchased the milk with the QR code, showing a considerable interest in using this new technology," Lau said. A new Cornell University study finds that consumers will use the QR codes -- to better depict how long the milk is drinkable and create substantially less agricultural and food waste. She wanted to assess consumer acceptance for QR code technology that may one day replace the static best-by or sell-by dates commonly found on food products. The environment is affected too. Not only could the QR codes accurately inform consumers on drinkability and dynamic pricing, he said, but the technology exists where smart milk cartons could communicate with smart refrigerators to inform a household of the need for fresh milk. The "use-by" and "best-by" dates printed on milk cartons and gallon jugs may soon become a thing of the past, giving way to more accurate and informative QR codes.

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Image courtesy of "Electrek"

2023 Chevy Bolt EV and EUV get $6000 price cut, start at $25600 (Electrek)

Otherwise there are no significant changes to the underpinnings of the vehicle from the 2022 model. There's a new color available, Radiant Red Tintcoat, at ...

If you want a cheap, solid EV now, then the Bolt just became an even better choice than before – if you can find one, that is. The Bolt came before Ultium and is currently built in GM’s Orion plant. Now that that’s all fixed, GM finally resumed production in April, and the Bolt is finally back up to speed. The Bolt still qualifies for state and local EV incentives in some areas, so keep an eye out for those and you might be able to get a better deal. Chevy has added a “Redline edition” trim to the EUV (and not the EV), which is mainly just an appearance package, and can be added on for $495. Even better, there is some tiny chance that the government might pass an EV tax credit extension with the Build Back Better act which passed the House, though efforts for that are still stalled due to all Senate republicans (plus Joe Manchin) blocking this necessary environmental and economic package in a time where we could really use it.

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Image courtesy of "Detroit Free Press"

Chevy Bolt gets a price cut for 2023 and adds a sporty new package (Detroit Free Press)

GM has released the starting prices for the Bolt and the Bolt EUV for 2023 model year and they come in nearly $6000 lower than 2022 model.

In April, GM said it had the fix under control and enough new batteries to also restart production. On Wednesday, Chevrolet announced the 2023 model year Bolt EV will start at $26,595. The 2023 Bolt EUV, an SUV styling of the EV, will start at $28,195. The batteries posed a potential fire risk so GM had a stop-sale as part of global recall on the 140,000 vehicles. As we’ve said, affordability has always been a priority for these vehicles." "Nothing has been removed," Balch said.

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