Warnings are coming in from everywhere:
- Texas: rolling blackouts in Austin, May 9, 2022, extreme heat overwhelms grid;
- California: governor says California doesn't have enough electricity to keep the lights on;
- OPEC comments on space capacity: it ain't there;
- OPEC falters: production coming in under quotas;
- Russian's energy minister Novak spinning his story: production stabilizing; let's see what happens six months from now;
- US equity markets: plunges
Spare capacity:
OPEC:
- Russia production: link to Julianne Geiger.
- OPEC falters: link here.
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