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COVID 19 IMPACT ON EUROPEAN AVIATION https://www.eurocontrol.int/sites/default/files/2021-05/covid19-eurocontrol-comprehensive-air-traffic-assessment-20052021.pdf - travel within Europe is down 57% — because of lockdowns as opposed to fear? - intra-Europe flow as increased 16% over 2 weeks but intra-Europe flight are still down 63% compared to 2019.
Are Vaccinated Americans Powering the Economy? Not Yet, Data Show https://www.wsj.com/articles/are-vaccinated-americans-powering-the-economy-not-yet-data-show-11621848600 - The vaccine isn’t getting rid of fear and fear needs to be overcome before the economy can recover.
Oil to stay below $70/bbl if Iran sanctions lifted -Indian refiner HPCL https://www.reuters.com/article/us-india-iran-hpcl-idUSKCN2D217A - controlling the narrative about Iranian oil is a part of the deal. India wants sub-$70/oil and Iranian oil badly.
Goldman sees oil hitting $80/bbl despite likely return of Iran supply https://uk.investing.com/news/commodities-news/goldman-sees-oil-hitting-80bbl-despite-likely-return-of-iran-supply-2380027 - Goldman is clinging to its $80/barrel call at all cost - Say that even if there’s robust Iranian exports, there will still be $80/barrel by Q4.
Lack of truck drivers could lead to fuel shortage this summer https://abcnews.go.com/US/lack-truck-drivers-lead-fuel-shortage-summer/story?id=77374905 - between 20-25% of tank trucks in the fleet are parked. That is a lot of trucks that aren’t in use. - Saying the drivers are retired or moved to other industries.
China's construction boom is sending CO2 emissions through the roof https://www.cnn.com/2021/05/21/economy/china-co2-emissions-construction-intl-hnk/index.html - China’s plan is to build its way out of pandemic economic issues is also pushing its carbon emissions to record highs. - 9 % higher than their emissions in 2019 - 60% of the uptick in coal usage came from power structure - 70% of the growth in emissions in Q1 came from increased coal use
China’s Latest Crackdown on Bitcoin, Other Cryptocurrencies Shakes Market https://www.wsj.com/articles/chinas-latest-crackdown-on-bitcoin-other-cryptocurrencies-shakes-market-11621853002 - is cryptomining draining the power grid? - or is China trying to push people into its “official” cryptocurrency?
Listen to pipelines and cyber security here: https://soundcloud.com/user-609485369/energy-security-cubed-the-colonial-pipeline-and-cyber-energy-security |