Thursday, January 12, 2023

The Headline: OPEC-Only Production Rose By 120,000 BPD In December, 2022

But here's the bigger story: OPEC- still almost two million bpd below its target.

And remember: OPEC+ cut its collective production target by two million bpd in November

Some could add two + two and get four million bpd

Russian production: unchanged (and remember, Russia needs all the cash it can raise to fight the war)
Nigeria: rebounded to a several-month high -- which explained the headline number.

And despite needing all that money to fight a war:

At the end of December, Russia’s Deputy Prime Minister Alexander Novak said that Russia could reduce its oil output by 500,000 bpd to 700,000 bpd in response to the oil price cap.

Let's see: two million + two million + one million = five million. 

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Sticking Its Neck Out

Link here.


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Dark Matter

Link here.

From their observations, astronomers widely predict that dark matter must comprise around 85% of all matter in the universe. So far, however, most theories about the nature of this mysterious source of mass have pinned their hopes on theoretical, as-yet undiscovered particles.
Professor Eugene Oks from the Physics Department of the Auburn University has proposed that a more natural explanation could come in the form of an uncharted ‘second flavour’ of the hydrogen atom.
With a reliable basis in theory, atomic experiments, and astronomical observations, his ideas hold the potential to provide long-awaited solutions to one of the most notorious mysteries in modern physics.

Containing just a single electron orbiting a single proton, the hydrogen atom is the simplest of all elements in the periodic table. Owing to the low number of inter-particle interactions taking place within these atoms, they have long been considered a reliable test bench for physicists to compare their theories with real experimental observations.
Yet despite their simplicity, the physical properties of hydrogen atoms still hold a number of unsolved mysteries. In their ground state – where their electrons have not been excited to higher energy levels – the atoms’ linear momenta (products of the mass and velocity of an object) are distributed over a range of values. At higher energies, this pattern displays an elongated ‘tail,’ whose shape follows a close relationship with the atoms’ momenta. For decades, however, physicists’ models of the shape of this tail didn’t match up with their observations.

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