The elected president of Venezuela Edmundo González Urrutia had to flee to Spain and is currently in exile in that country after the regime issued an arrest warrant against him for subversion. González Urrutia obtained 67% of the votes in the election day of July 28, against 30% for Nicolás Maduro with 83.5% of the votes verified with published tally sheets, winning in all states (source: resultadosconvzla.com). We reject the arrest warrant, and the fraud intended by the National Electoral Council – CNE of Venezuela, proclaiming Nicolás Maduro as president-elect for a new presidential term and its ratification by the Supreme Court of Justice-TSJ, both without showing the voting minutes or any other support.  EnergiesNet ” Latin America & Caribbean web portal with news and information on Energy, Oil, Gas, Renewables, Engineering, Technology, and Environment.– Contact : Elio Ohep, editor at  EnergiesNet@gmail.com +584142763041-   The elected president of Venezuela Edmundo González Urrutia had to flee to Spain and is currently in exile in that country after the regime issued an arrest warrant against him for subversion. González Urrutia obtained 67% of the votes in the election day of July 28, against 30% for Nicolás Maduro with 83.5% of the votes verified with published tally sheets, winning in all states (source: resultadosconvzla.com). We reject the arrest warrant, and the fraud intended by the National Electoral Council – CNE of Venezuela, proclaiming Nicolás Maduro as president-elect for a new presidential term and its ratification by the Supreme Court of Justice-TSJ, both without showing the voting minutes or any other support.
10/01 closing Prices  / revised 10/02/2024  08:16 GMT | 10/01 OPEC Basket $71.34 –$1.66 cents | 09/30 Mexico Bascket (MME)  $63.76 –$0.04 cents (The MME price is not published today due to Tuesday’s presidential inauguration day.)  08/31 Venezuela Basket (Merey)  $62 15   +$1.66 cents 10/01 NYMEX Light Sweet Crude $69.63 +$0.01 cents | 10/01 ICE Brent Sept $73.56 +$1.86 cents | 10/01 Gasoline RBOB NYC Harbor $1.9966 +0.0315 cents | 10/01 Heating oil NY Harbor  $2.1742 +0.0198 cents | 10/01 NYMEX Natural Gas  $2.896 -0.027 cents | 09/27 Active U.S. Rig Count (Oil & Gas) 587 -1 | 10/02 USD/MXN Mexican Peso 19.6214 (data live) 10/02 EUR/USD  1.1072 (data live) | 10/02 US/Bs. (Bolivar)  $36.91870000 (data BCV) | Source: WTRG/MSN/Bloomberg/MarketWatch

Argentina Plans to Implement Power Cuts if Necessary to Cope With Summer Demand

Argentina has had problems in recent years with unexpected summer blackouts after electricity distributors saddled by price controls struggled to pay for upkeep.
Argentina has had problems in recent years with unexpected summer blackouts after electricity distributors saddled by price controls struggled to pay for upkeep.

 Jonathan Gilbert, Bloomberg News

BUENOS AIRES
EnergiesNet.com 09 23 2024

 Argentina plans to resort to scheduled power cuts to cope with electricity demand this Southern Hemisphere summer amid forecasts for high temperatures that would force customers to crank up air conditioning.

Chief of Staff Guillermo Francos told Radio Mitre that the government is planning the cutoffs after years of neglect, which has left the grid unable to meet sudden demand peaks.

Francos said the idea was to reach agreements with industrial users, something governments have also done when there have been natural gas shortages.

A La Nina climate pattern that is forming globally would make Argentina’s summer warmer and drier than normal.

The South American country has had problems in recent years with unexpected summer blackouts after electricity distributors saddled by price controls struggled to pay for upkeep.

While distributors have gotten fee increases under libertarian President Javier Milei, issues remain elsewhere in the grid. In particular, Argentina doesn’t have enough high-voltage transmission lines needed to grow power generation with new plants.

This isn’t the first time the government has said it might need to turn the lights out: Energy Undersecretary Eduardo Chirillo issued a warning as far back as January, and energy and mining official Daniel Gonzalez also mentioned it earlier this month.

bloomberg.com 09 22 2024

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