Financial Post

The Financial Post is a news site that covers various topics including business, economics, energy, oil and gas, renewables, electric vehicles, mining commodities, agriculture real estate mortgages and more. The site features articles written by experts in their respective fields and aims to provide accurate and up-to-date information on current events. The site has a history of reporting on conflicts of interest, bias and contradictions in the news industry.

83%

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

95%

Examples:

  • The author quotes Andy Walz from Chevron to make their argument that California's low-carbon fuel standards are causing gasoline price spikes and shortages.

Conflicts of Interest

75%

Examples:

  • The author quotes Andy Walz from Chevron to make their argument that California's low-carbon fuel standards are causing gasoline price spikes and shortages.

Contradictions

92%

Examples:

  • Approximately $311 billion worth of M&A deals have been announced and completed this year, significantly less than the $1 trillion recorded two years ago when interest rates began to rise.
  • The $1.3 trillion collateralized loan obligation (CLO) market is facing a supply-demand imbalance due to the success of its strategies.

Deceptions

83%

Examples:

  • The article states that California drivers paid an average of $4.94 per gallon of gasoline in the final three months of 2023 which is higher than the national average and records but it fails to mention that this was due to supply chain disruptions caused by COVID-19 pandemic not climate policies.
  • The article states that California Governor Gavin Newsom's office said in a statement that gasoline price spikes are stemmed from oil companies own lack of planning which is misleading as it implies that Chevron and other oil companies are responsible for these price spikes when in fact they have been warning about them.
  • The article states that California has long had an outsized influence on national policy but fails to mention any specific examples or evidence to support this claim.
  • The author quotes Andy Walz as stating that gasoline prices will rise significantly if state legislators continue enacting policies to discourage petroleum production but does not provide any evidence or data to support this claim.

Recent Articles

  • CLO Market Faces Challenges Amidst $311 Billion Worth of M&A Deals: Janus Henderson B-BBB CLO ETF Provides Exposure

    CLO Market Faces Challenges Amidst $311 Billion Worth of M&A Deals: Janus Henderson B-BBB CLO ETF Provides Exposure

    Broke On: Saturday, 29 June 2024 The $1.3 trillion CLO market, fueled by $311 billion in M&A deals this year, faces a challenge due to high demand and dwindling supply. The Janus Henderson B-BBB CLO JBBB10 ETF continues to provide exposure to floating-rate collateralized loan obligations despite the imbalance, offering low default risk, yield potential and low correlation.
  • BNP Paribas and the European Union's EPBD: Decarbonizing Commercial Real Estate and Mitigating Rising Costs by 2030

    BNP Paribas and the European Union's EPBD: Decarbonizing Commercial Real Estate and Mitigating Rising Costs by 2030

    Broke On: Sunday, 02 June 2024 Commercial real estate, responsible for 37% of global carbon emissions, faces increasing regulations and financing challenges due to its carbon footprint and climate risk. The European Union's Energy Performance of Buildings Directive (EPBD) is a growing trend in net zero regulations impacting commercial real estate financing. Banks like BNP Paribas aim to reduce emissions intensity, while insurance costs have nearly doubled due to extreme weather events. Building owners can mitigate risks through prevention measures, but systemic risk is growing for leading lenders.
  • California's Climate Policies Push Up Gasoline Prices, Chevron Says

    California's Climate Policies Push Up Gasoline Prices, Chevron Says

    Broke On: Wednesday, 31 January 2024 California's climate policies are driving up gasoline prices due to the state's toughest low-carbon fuel standards, which encourage refineries to convert from petroleum to renewable diesel. This has reduced gasoline supply and pushed up prices, with California drivers paying an average of $4.94 per gallon in 2023, about $1.72 above the national average.