Source: Ontario says it plans to lift proof of vaccination requirements from March 1, 2022. Needs to be fact-checked.
Masks: every Super Bowl attendee given free N95 mask as a souvenir.
Shale and $100 oil: from Rystad Energy. For all practical purposes, WTI is now "at $100":
- oil at $100 could trigger an additional 2.2 million bpd of US tight oil output by 2023.
- tight oil output in the core producing regions of the US – the Permian, Eagle Ford, Niobrara, Bakken and Anadarko – in the fourth quarter of 2021 was around 7.7 million bpd.
- high oil prices are encouraging operators to increase production as supply from sources outside the US remains tight.
Chariots on fire: Stellantis recalls 20,000 plug-in minivans for fire risks. Link here.
An internal investigation found 12 incidents of fires in vehicles from the 2017 and 2018 model years, the automaker said Friday in a statement.
All of the minivans were parked and turned off, and eight were charging when the fires occurred.
Comment: probably not smart to park these vans in a garage or near a structure or near another car.
For investors:
- NOG: to uplist to the NYST; effective February 17, 2022; same symbol; Thursday, this week;
- Yahoo!Finance: T -- analysis indicates that ATT will stabilize and will pay a future dividend of $1.11. With an indicated price today, $24.50, yield will be 4.5%. Link here.
- Berkshire Hathaway: owns three of the top ways to make money in this market. IBD.
- RBC: $115 WTI summer; sustained $95+WTI through 2023; FCF over those two years would = ~67% of the entire capital structure of the average CDN energy stock. Link here.
- Autos: North American automotive builds could increase by 2.1 million vehicles in 2022; link here.
Video of the week: clearing the logjam at the bridge.
Focus on Joan Crawford: link here to Roger Ebert.
Cartoon of the day:
