It would be great if we were able to post a story about how Hurricane/Tropical Storm Florence was a complete miss or that the impact was much lighter than expected. Unfortunately as some know that is far from the case. Florence has devastated the Southeast primarily in the Carolina's and parts of Virginia.
The Bureau of Land Management, under the Department of the Interior, held a two-day auction on 142 parcels of land in New Mexico at the beginning of September. The results from this single sale has surpassed their sales numbers from all transactions in 2017 combined. The land lease sale of nearly US $1 billion will provide ample land to further boost the already growing oil production in the state.
Auto makers have begun to produce Electronic vehicles or EV’s at a rapid pace in order to comply with Corporate Average Fuel Economy or CAFE standards. As of yesterday, another auto manufacturer has announced its 2019 entrant into the competitive EV landscape. Audi announced the global launch of their new electric sport utility vehicle, named the e-tron midsized SUV. Surprisingly enough the announcement was made in San Francisco which is the home of Tesla. It can be inferred that the “launch site” choice is a direct shot at Elon Musk’s Tesla operation and the current leader in the EV market. According to Reuters, “The Audi e-tron midsize SUV will be offered in the United States next year at a starting price of $75,795 before a $7,500 tax credit.” To further increase their chances of surpassing Tesla, Audi has chosen to partner with Amazon to tackle the recharging problems with EV’s.