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International race to the bottom, link here:
- more problems for Turkey;
- more problems for Mexico: link to Charles Kennedy; Mexico may delay energy reforms; in deep doo-doo;
- OPEC in disarray, link to Simon Watkins (he needs his own blog);
- trading exec conveys ominous forecast for OPEC+: link to Bloomberg via Rigzone; it's one thing to see Simon Watkins say this, but a completely different thing when Bloomberg says it
- substitute "Saudi Arabia" for "OPEC+" when reading this article
- Saudi has lowest lifting prices in the world: as if that matters, LOL -- wow, how many times did I hear that over the years
- Saudi Arabia: and just like that lifting prices didn't matter any more
From oilprice:
- everything points to higher natural gas demand, short term, long term -- that was my first thought when I heard Governer Newlittle of California said the sale of new ICE-automobiles would be banned in California in 2035, or was it "by" 2035 (big difference);
- short term;
- wrong verb to use in this context -- "natural gas prices explode on stronger demand";
- gas bulls see winter rally; link to Bloomberg via Rigzone;
- long term:
Covid-19: autumn is in the air and so is a second wave of Covid-19
- starting with Great Britain; again, it would be interesting to see a bit of the demographics, but we won't -- it would be politically incorrect;
- illicit drugs: hold my beer; Sweden, we'll look at the numbers later;
The great conservative migration: California to Montana, Texas;
US military generals: just another group of self-interested technocrats; link here; agree 1,000%; for me it began with General Colin Powell; came to a head with General James Mattis;
EIA weekly report issued yesterday; will be posted on the blog later today; did I forget to post it yesterday; was I too busy; or am I just getting bored of the whole thing? My barber wanted to know. To be honest (another cliche I hate; why wouldn't I be honest?) I am getting bored with the weekly report. I'm getting bored with a lot of things, lately.
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