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U.S. Refineries Eye Week of Strong Gasoline Demand With Caution https://financialpost.com/pmn/business-pmn/u-s-refineries-eye-week-of-strong-gasoline-demand-with-caution - summer is in full swing and so is gasoline demand - Was July 4 the height of gasoline demand? Is is downhill from here? Or will we see another surge when people go back to work/office in September?
https://twitter.com/GasBuddyGuy/status/1414286726281969671?s=20
Biden's quest for cheap gasoline tests his climate goals https://www.eenews.net/stories/1063736567 - Did Biden really try to get OPEC+ to increase production? - Is Biden really concerned about higher gasoline prices right now?
Higher Inflation Is Here to Stay for Years, Economists Forecast https://www.wsj.com/articles/higher-inflation-is-here-to-stay-for-years-economists-forecast-11626008400 - 3.9% inflation in May excluding energy and food. 3.9% including food and energy. - But energy impacts everything over the line - Fed still thinks inflation is transitory due to bottlenecks and hiring difficulties. - But lots of industries are having issues that aren’t related to Covid
OPEC+ yet to make progress in resolving impasse, sources say https://financialpost.com/pmn/business-pmn/opec-yet-to-make-progress-in-resolving-impasse-sources-say - Will OPEC get its act together?
Analysis: Big Oil keeps brakes on spending even with crude rally windfall https://www.reuters.com/business/energy/big-oil-keeps-brakes-spending-even-with-crude-rally-windfall-2021-07-12/
BP Report Tries To Explain What Really Happened to Energy Markets in 2020 https://jpt.spe.org/bp-report-tries-to-explain-what-really-happened-to-energy-markets-in-2020 - China to the rescue when it comes to natural gas demand in 2020 - Will natural gas prices decline or increase as we get into winter? |