EDITOR'S COMMENTS - The End of Fossil Energy
Oil prices take a bit of a breather as OPEC adds more production nonetheless rumors persist regarding depletion that could take oil prices well over $100 barrel and negatively affect inflation and interest rates. We are facing perilous economic headwinds.
Oil Ticks Lower as Traders Digest OPEC+ Decision to Add Barrels
- Tank bottom: topping up a depleted world could push oil toward $100
- Oil prices take a breather, OPEC+ sticks to output plans
GLOBAL OIL DEPLETION
- The Market Is Ignoring The Surge In U.S. Oil Output
- Low Oil Inventories Suggest Imminent Supply Deficit
- OPEC+ Still Expects Oil Surplus This Year
- OPEC, Allies Agree to Pump More Oil Amid Supply Concerns
- OPEC+ group’s go-slow strategy may do little to ease Asia’s pain
- Arab Gulf’s Only Coal-Fired Power Plant to Switch to Gas
- Soaring Commodity Prices Could Crush Demand In India
- KRG extends gas pipeline network, raising the potential for exports
- Shell Is Betting Big On Namibia’s Oil Boom
- Shell delays expansion work at Nigeria’s Bonga oil field by two years: sources
- FPSO Catches Fire And Sinks Offshore Nigeria
- Latin America’s US oil product imports at pre-pandemic levels despite high prices
- Panama Canal to decrease Neopanamax locks maximum draft to 49.5 feet
- Increasing snowstorms in Northeast U.S. linked to climate change
- ADP: Private payrolls fell by 301,000 jobs in January
- Summary of Weekly Petroleum Data for the week ending January 28, 2022
- The Electric Truck That Can Power Homes
- NYMEX Henry Hub surges to $5.50/MMBtu ahead of the winter storm, potential freeze-offs
- SOUTHEAST POWER TRACKER: Electricity prices up on gas strength, weather
- US distillate stocks touch five-week low as winter weather supports demand
- UK to soften new energy price surge for inflation-hit households
- U.K. Lawmakers Warn Net-Zero Target at Risk With Poor Heat Plan
- E.U. plans to include natural gas and nuclear in green energy taxonomy – The Washington Post
- Novak: Russia To Resume Oil Output To 90% Of Pre-pandemic Level
- Russia bans ammonium nitrate exports until April to support domestic farmers
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