Throttling The EV Transition

Posted: August 6, 2021
Category: News Pulse

RP Weekly Recap | August 2 – 6


On Thursday, President Joe Biden signed an executive order setting a target to make 50 percent of all new vehicles sold in the United States zero-emission by 2030, in a move supported by Detroit’s Big Three Automakers – General Motors, Stellantis, and Ford Motor. The zero-emission vehicle target is strategically aligned with current de-carbonization goals but also with the targets of major U.S. automakers who are investing billions in EV production in anticipation of a shift in buyer behavior, but challenges remain. Check out this story and more in this week’s recap of all things happening in oil and gas!

COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 201,172,398 (up from 196,910,814 last week)
  • Number of Cases (USA): 35,453,516 (up from 34,762,688 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News

Employment Updates

United States Rig Count

  • UP 3 from last week for a total of 491
  • Up 101.2% from one year ago
  • Statistics courtesy of Baker Hughes


Content UpdatesNews PulsePodcast

  • Our latest Periodical highlights the fact that the number of drilled but uncompleted wells, or DUCs, has risen dramatically from 2017 until 2020. From the middle of 2020 until now, the DUC inventory has been decreasing rapidly as operators reduced drilling programs and focused on completing existing DUCs.

  • RARE PETRO is the tik talk of the town! Short-form content to educate both the public or industry professionals is available NOW! Check out our latest Tik Tok Video covering what you can squeeze out of a barrel of oil. 

  • Grab a drink and join us for our newest segment, Thirsty Thursday: An Inventory Report to see if we’ve been poured another tall glass of crude and whether or not the U.S. was thirsty enough to suck down another round. 

  • If you’ve ever read the news you’ve surely seen the controversy surrounding our industrial circulatory system: pipelines. When was the first pipeline built? Are pipelines safe? Is there a better transportation method than pipelines? Find out in episode six of Hydrocarbon History!

  • Episode Sixteen of The Industry Leader Spotlight Podcast is available now! Be sure to check out our interview with David MacNeill, the founder, President, and CEO of Wellbore Integrity Solutions! 

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