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Home > Energy Week > Episode 131 - Novak in charge of Moscow's OPEC ties despite promotion | IEA sees new European lockdowns denting oil demand outlook | Oil o
Podcast: Energy Week
Episode:

Episode 131 - Novak in charge of Moscow's OPEC ties despite promotion | IEA sees new European lockdowns denting oil demand outlook | Oil o
Category: Government & Organizations
Duration: 00:50:37
Publish Date: 2020-11-10 06:10:14
Description: https://shor.by/WarRoom14DayFreeTrial

Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do - https://amzn.to/3eNf3sP

Novak in charge of Moscow's OPEC ties despite promotion
https://www.reuters.com/article/oil-russia-novak/novak-in-charge-of-moscows-opec-ties-despite-promotion-sources-idUSL8N2HV2RL
- Vladimir Putin, does he have Parkinson’s? Is he really retiring?
- Novak is going to stay involved in OPEC, comes across as a stable presence, new energy minister
- Where is OPEC going on with this?

IEA sees new European lockdowns denting oil demand outlook
 https://uk.reuters.com/article/us-iea-oil-demand/iea-sees-new-european-lockdowns-denting-oil-demand-outlook-idUSKBN27P0KI
- Demand will be dented, not just outlook

Asia-Pacific stocks jump as investors react to Biden's presidential election win; oil prices surge
https://www.cnbc.com/2020/11/09/asia-markets-us-elections-china-trade-data-currencies-and-oil.html
- prices were up in early trading and then jumped even more and WTI made it to over $40/barrel

Oil operators get DUCs in a row, adding fracking crews to boost output
https://uk.reuters.com/article/us-usa-drilling/oil-operators-get-ducs-in-a-row-adding-fracking-crews-to-boost-output-idUKKBN27M0MG
- According to Enervus, burning through DUCs at a rate of 200/month, though others say it may be closer to 300/month
- According to EIA 3500 DUCs in Permian
- As price comes back up, when these producers want to put oil on market they will go to DUCs first, though not always the case if there’s a lease they want to hold

Biden win may curb U.S. oil drilling, supercharge renewables
https://www.latimes.com/business/story/2020-11-08/biden-energy-renewables
- What will the oil and gas industry see for this?
- There are really only 2 years for Biden to enact radical energy/climate policies.
- Will the focus be on gov stimulus and spending and grants to clean energy companies? How will that impact clean energy investing?
- Role of Chinese made batteries/solar panels, etc?

70,000 Louisiana jobs are riding on Biden’s plan for oil, gas
https://www.nbc12.com/2020/11/08/louisiana-jobs-are-riding-bidens-plan-oil-gas/

A Warning From The United Kingdom: Renewable Energy May Not Suffice
https://www.forbes.com/sites/ellenrwald/2020/11/05/a-warning-from-the-united-kingdom-renewable-energy-may-not-suffice/?sh=1d69a36e5aca
- Calm weather brings a possible gap in energy needed
- Coal fired plants asked to get ready
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