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Sunday, September 19, 2021

Notes From All Over -- Part 6 -- September 19, 2021

UK mess: UK energy firms seek bailout as government talks run on.  Sounds like the "Texas Freeze" but ... super-sized ... so much worse ...

Global mess: surging natural gas prices -- not just a UK story;

  • around the entire world;
  • link to The WSJ;
  • in the US, natural gas closed at $5.105; has doubled in the last six months; up 17% this month (so far);
  • last time prices this high: during the blizzards in the US northeast back in 2014;
  • analysts say that it might not have to get that cold this winter for prices to reach heights unknown during the shale era, which transformed the U.S. from a gas importer to supplier to the world.

Why Covid-19 remains the focus for Resident Biden:

  • my hunch is that the young Biden administration staffer thought the migrants crossing into Texas was funny until it wasn't;
  • link here;
  • only a matter of time before the Del Rio story becomes the "top story"; photo op if the 15,000 migrants start to "riot"

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