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A #TALE OF TWO CITIES - #ECONOMICS AND #SCIENCE COLLIDE

  SURREAL ECONOMICS OR CONCRETE SCIENCE? ORIGINAL POST It  was the best of times, it was the worst of times, it was the age of wisdom, it wa...

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Wednesday, 2 February 2022

TOP DAILY #ENERGY #HEADLINES - February 2, 2022

 Editor's Comments

As oil prices continue to rise their upward moves will put more pressure on inflation and for the FED to raise interest rates to protect the sale and rollover of US bonds and treasuries - ultimately to maintain the reserve currency status of the US dollar to avoid hyperinflation, economic collapse, and unprecedented political /social unrest. Not looking good. 

https://www.quora.com/Is-the-US-dollar-going-to-collapse-in-2022.

TOP HEADLINES

  • Oil climbs toward 7-year highs on U.S. stock draw, eyes on OPEC+ move

  • Oil Holds Near Seven-Year High as Traders Count Down to OPEC+

  • The Lack of Fossil Fuel Investment Is Hindering The Energy Transition

  • Surprise Crude Draw Suggests Tighter Oil Market
  • OPEC+ seen sticking to policy despite oil price rally -sources
  • New Energy Deals Are Transforming Geopolitics In The Middle East
  • OPEC Underproduction Is Driving Bullish Sentiment In Oil Markets
  • OPEC+ struggles to hit production targets with oil demand on the rise
  • Islamic State hits back, aided by power vacuum in Iraq and Syria
  • U.S. to send fighter jets to assist UAE after Houthi attacks
  • Nigeria Lost $4bn to Oil Thieves in 9 Months, Says Tony Elumelu
  • Guyana Delivers Again: New Discovery Made Offshore
  • There’s a Russia-Sized Mystery in China’s Electricity Sector
  • Tokyo’s daily COVID-19 infections exceed 20,000 for first time
  • Bill Gates Invests in Carbon Capture Startup After Tech Breakthrough
  • California Warns of Another Dry Year After Snowless January
  • Exxon, Chevron Hit Gushers of Cash as Big Oil Companies Lure Back Investors
  • The Global Gas Crisis Has Made American LNG Hot Again
  • ExxonMobil sees US Permian production growing by over 25% in 2022, narrows capex range
  • Orsted expects pickup in wind speeds to lift earnings
  • Gas flows to Europe halted again via Yamal pipeline after short resumption
  • EV Sales Reach ‘Inflection Point’ With Fast Growth in China and Europe
  • Shell Forced to Reroute Oil Supplies After Cyberattack
  • Gazprom’s Gas Exports Slump By 41% In January
  • Egypt, Iran, Sudan receive most of Russia’s January wheat exports: lineup

  • END OF OIL





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