Some Will Follow Him Everywhere; Global Warming Buries Britain -- January 12, 2017

Oil cut: Saudi says it will cut more oil production in February than originally agreed. Sends price of oil up a bit; will probably close above $53.50 or thereabouts. But not only that, look at this: Saudis concerned oil market could become "tight" by 2020. From Platts:

The world could run short of oil by 2020 due to the recent sharp global downturn in upstream investment, Saudi Energy Minister Khalid al-Falih said Thursday.

"From what I can see, within two to three years there will be tightness because many projects have been deferred and delayed," Falih told delegates at the Atlantic Council Global Energy Forum in Abu Dhabi.

He's talking his book, as they say on the street. Saudi needs best price possibly going into the Saudi Aramco IPO and $50-oil isn't going to cut it.

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7" Of White Global Warming Buries Britain

From The [London] Telegraph:

Blizzard conditions are sweeping Britain, with snow falling as far south as London and dozens of flights grounded, amid coastal evacuations because of a flood risk. Thundersnow is expected to bring up to 7in (20cm) of snow in parts of the UK, with the worst weather during the evening rush-hour. 

But I love this. I was in North Yorkshire for many, many months while serving with the USAF. They knew how to sit out any storm or adversity: the pub.


Wow, I miss northern England. 

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The Musical Countdown

#12 in the 20-song countdown.

I Will Follow Him, Little Peggy March
They won't have to travel far. He's staying in Washington, DC.

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Jobs

Amazon says it will create 100,000 new jobs over the next 18 months, The Washington Post.