Javier Blas: Coal is king.
Focus on fracking: link here.
Top story of the week:
- Joe Biden is still president.
- recovers from the sniffles;
- without question: the most incredible day or two in the market; as exciting as any in quite some time
- Intel, Roku, Meta crater
- Apple, Amazon soar
- GM in trouble; Ford surprises
Top international non-energy story:
- The Ukraine war drags on.
Top international energy story:
- Situation continues to worsen in Europe; countries returning coal
- use of coal will set a new all-time record in 2022
- Critical Russian turbine for Nord Stream 1 is apparently still held up in Germany after being "returned" from Canada
Top national non-energy story:
- "January 6th" hearings continue — compelling.
Top national energy story:
- WTI surges; after President Biden announces another 20-million-bbl sale from thee SPR, WTI soars; gains 5%; closes right around $100
- oil companies reporting record quarterly earnings; US reaction muted as gasoline prices are dropping but average price across the US is still around $4.26 / gallon
Top North Dakota non-energy story:
Top North Dakota energy story:
Geoff Simon's top North Dakota energy stories:
Bakken economy:
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