EU gas slowly approaches 100€
After the EU natural gas recovered from a 66% fall from its peak and grew by 11% yesterday, it fell today by 11% again. The times of high volatility continue as EU gas approaches the psychological level of 100€. Another downfall is expected as governments came together to back urgent measures and a price cap.
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According to Elon Musk, lithium batteries are the new oil. He was in Texas to break ground on a lithium refinery Tesla wants to construct in Corpus Christi. Tesla plans to invest $375 million in the plant so it can supply more battery-grade lithium to the North American market.
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