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Register for Shale oil Roundtable: https://shor.by/warroomwebinar Shale oil production's brief comeback https://www.argusmedia.com/en/news/2133001-shale-oil-productions-brief-comeback - Can it really be called a “comeback” - Is this a comeback or a dead cat bounce? - DUC data from EIA - DUCs are up and to the right - 800,000 bpd returning August-September - ExxonMobil is idling but ready to increase activities again - Permian has 3500 DUC wells which can be brought online fairly quickly
U.S. Recession Likely to End Late 2020 or 2021, NABE Survey Says https://finance.yahoo.com/news/u-recession-likely-end-2020-040100770.html - Have we even gotten to the real recession? - Trickle up recession
Russia should rethink its role in new energy economy https://www.thenational.ae/business/comment/russia-should-rethink-its-role-in-new-energy-economy-1.1067415 - Russia is too focused on natural gas and doesn’t have enough renewables - Too focused on natural gas exports and ant gas prices very low
Can Biden Fix Climate Change With $1.3 Trillion? https://www.forbes.com/sites/ellenrwald/2020/08/21/can-biden-fix-climate-change-with-13-trillion/#1bc72e415ea1 - If the economy rebounds, there is no reason not to print $1.3 trillion for whatever they want - tax the wealthy and get a healthier environment but where is the policy? How will we get there? What’s the role of SMRs? Renewable energy?
Methane Ruling article https://financialpost.com/pmn/business-pmn/trumps-methane-emissions-rule-rollback-isnt-a-disaster |