Across the country, states that once championed aggressive climate mandates are now reversing course. After years of billionaire-funded activism, sweeping transition pledges, and coordinated legal attacks on the energy industry, reality is setting in. From the Texas perspective, where reliability and innovation drive energy policy, this shift reflects a return to the balanced approach that has kept Texas at the center of American energy leadership.
As states collide with the economic and grid realities of rapid-transition mandates, they are rediscovering the essential role of oil and natural gas. The nationwide pullback is more than a political correction. It is a recognition that America’s energy future depends on what works. And in that environment, Texas continues to lead with reliability, innovation, and responsible development.
Read more here: https://t.co/i7GZMSXUFV
They’re not paying them off - they’re defaulting, and lenders are taking the cars back.
I'm seeing a major increase in REPOS for numerous reasons and consumers are even asking HOW to just give their car back.
Auto loan balances declined by $13 billion, and now stand at $1.64 trillion, only the second time since 2011 Q2 that auto loan balances have dropped from one quarter to the next.
That $13B drop?
That’s repos, charge-offs, and fewer approvals, not financial health.
It was so exciting to share the @FreightWaves stage with @BNSFRailway and announce a breakthrough #Intermodal solution that will deliver consistency, agility and speed for customers’ service-sensitive highway #Freight. Learn more about Quantum! https://t.co/YopGQTSkqL