Notes From All Over -- Is The Dickinson Meridian Davis Refinery Dead? - Early Saturday Afternoon, Part 2 -- Juneteenth, 2021

Back with a vengeance: US crude oil exports surge / bounce back / now above three million b/d.

• number to follow, for US exports, crude oil: three million bbls
• most recent data: April, 2021
• destinations:
• the Netherlands, #1; where all the refineries are; they are optimized for Brent:
• FoB WTI hit an 18-month high against Ice Brent; quick link here;
• remember: a lot of WTI is blended with Brent;
• India, #2
• full Argus Media article here;

Top three ArgusMedia stories today, link here (this is likely to be a dynamic link)

• Vitol sees 2021 oil at $70 - $80/bbl;
• Argentina shale oil beckons
• Johan Sverdrup: potential benchmark savior;

But, is the story of the day? Is the Meridian Davis refinery dead? If so, died from a thousand cuts? Regulators give the developers three more months to begin construction ... otherwise, sayonara. Link here.  Also, here, no paywall.