Friday, August 5, 2022

Week 31: July 31, 2022 -- August 6, 2022.

Currently I am on the road: my notes will be less frequent, perhaps shorter. I will not get to my e-mail as often and I will not be able to post comments as often or in a timely manner.

Road trip.

 Top Stories

Top energy story: EIA's "gasoline demand" statistics defy common sense, and expose the politicization of even the EIA. Link here

Focus on fracking: link here.

Javier Blas:

Focus on fracking: link here.

Top story of the week:

  • Joe Biden is still president.
    • "rebound Covid-19"; or,
    • as we used to say: "lab error"

Top international non-energy story:

  • The Ukraine war drags on. 
  • US "votes" to bring Sweden and Finland into NATO; that's all four Scandinavian countries in NATO now;
  • WBNA star Griner sentenced to nine years in Russian prison;

Top international energy story:

  • Now, it's being reported that southern Germany is experiencing a run on diesel, distillate
  • Situation continues to worsen in Europe; countries returning to 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

Top national non-energy story:

  • "January 6th" hearings continue — how long will this go on? 
  • "Fed" raises rates another 75 basis points.

Top national energy story:

  • WTI plummets; trading below $90
  • US gasoline continues to drop in price;

Top North Dakota non-energy story:

Top North Dakota energy story:

  • ND Supreme Court overturns 2019 legislative initiative on "pore space"
  • supreme court ruled in favor of landowners
  • saw the 2019 initiative as an "illegal land grab"

Geoff Simon's top North Dakota energy stories:

Bakken economy:

Commentary:

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