Monday, November 1, 2021

Something Tells Me OPEC+ Really Doesn't Care -- Remember The Stated Price Target For OPEC -- November 1, 2021

 COLA, military: there it is, it's official -- a 5.9% COLA for military retirees. Whoo-hoo. Apparently announced on / about October 28, 2021.

Biden on climate change: I'm not listening to any COP26 speeches, so I am very, very happy readers are doing that for me. From a reader moments ago: 

I just listened to Biden talk about climate. For some reason it made me remember what an old cowboy said, "Pepper corns and rat turds look a lot alike but its good to know the difference."

From the man who shut-out affordable, accessible, dependable crude oil from the nation's largest trading partner and one of only two nations that shares a long border with the US, Biden is begging for help from Russia and OPEC. Headline from oilprice.com at the G20 meeting in Rome, Italy:

Why Big Oil or the GOP is not making this a huge "marketing" campaign is beyond me. Is anyone seeing any ads on television wondering why the president killed the Keystone XL, is denying drilling on federal land, and will require new environmental statements on BLM land?

Brandon, MN:

2 comments:

  1. Woke up this am and WTI was premium to Brent. Has now settled back below Brent, by .42 cents.

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    Replies
    1. I missed that, things are moving too quickly. Thank you.

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