Headlines -- September 27, 2023

Locator: 45590B.

We can add this headline to the list posted two days ago.

Cushing lows. Links everywhere; stories everywhere. 

UK: approves a controversial $3.8-billion oil and gas project -- development plan for the Rosebank project, North Sea, Equinor. Link here.

Posted two days ago:

Fossil fuel: quick look at headlines overnight suggests fossil fuels are back; renewable energy, global warming issues facing headwinds. Apparently some folks don’t like the idea of $7-gasoline. Overnight headlines;

• OPEC+ cuts offset by booming US oil production
• oil demand destruction in India won't happen at $100-oil
• court upholds order to expand oil and gas lease sale in Gulf of Mexico, the expansion Biden tried to stop -- illegally -- he learned well from Obama, who actually went to law school
• Groningen finally closing for good -- well, except for emergencies for one more winter; link here.
  
• Goldman Sachs ignores activists' calls to "abandon" oil and gas investments
• Trans Mountain oil pipeline back on track; regulator, in what seems record time, approve the requested route change 
• short sells scramble as energy stocks surge (whoo-hoo)
• energy fund manager predicts major upside for oil equities
• OPEC+ cuts offset by booming US oil production: US production to hit 13 million bopd by the end of this month, matching the record output from November, 2019. Link here.