Locator: 44480B.
Morning Joe: doing everything he can to survive. For the first time ever (unlikely but not in a very, very long time) Joe Scarborough appears on CNBC for an incredibly long segment with Andrew Ross Sorkin. Don't forget the Ross. Joe Kernan noted that CNBC and MSNBC are both in trouble with Comcast's decision to spin off the cable networks.
Pelosi: hip replacement in Germany; at the US (Army) military hospital in Landstuhl, Germany. PBS. Forbes.
Beirut, 1960s, link here. BleeckerStreet, then.
Measels, Congo. NYT today.
Stagflation: Joe Kernan, CNBC, today. Wow, what does he want? He's starting to sound like a rancher. Or a banker.
The day the music died: Canada pushes out target for net-zero to 2050. Had been 2035. Link here. No paywall here.
Another Biden legacy: Biden's agencies fail to meet fleet EV targets. Link here. Without the paywall.
Biden: hasn't had a positive favorability rating since 2021. Link here.
Long thinking: the WSJ. Nvidia.
Taiwan: power failure. TSMC.
LNG: Trump has it right. How did Biden miss this? Not how, but "why"?
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Back to the Bakken
WTI: $70.56.
Thursday, December 19, 2024: 27 for the month; 130 for the quarter, 657 for the year
- 35511, conf, Enerplus, FB Clinton 148-94-29B-32-9B,
- None.
RBN Energy: Chevron's 105-year-old Texas refinery gets a new lease on life.
More than 15 years into the Shale Era, the U.S. refining sector’s response to burgeoning production of light, sweet crude oil continues. Earlier this month, Chevron completed the long-planned, $400 million renovation and expansion of the century-old refinery in Pasadena, TX, which the company acquired from Petrobras in 2019. In today’s RBN blog, we discuss the refinery’s extensive history, why Chevron bought the facility five years ago, and how the just-finished project will enable the integrated oil and gas giant to make fuller use of its Permian oil bounty.
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