Oct 15 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a sixth week in a row as oil prices soared to their highest since 2014, prompting drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose 10 to 543 in …
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OPEC+ is producing less oil than it is supposed to, a survey by Platts has revealed, The oil cartel was supposed to pump a combined 37.141 million barrels in September per its quotas, according to Argus. Yet, according to the Platts survey, the actual total was 570,000 bpd below this number—even if it was higher …
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This week my brother Martin passed by his own hand. Often times people keep family tragedies quiet. That is not how i do things. In many ways Martin shaped my life. Seeing him drink to excess and getting high scared me. To the point i have never taken drugs and have never drank much. I …
Continue reading “Martin a life lost…….Making good from bad”
The cost of imported goods rose again in September largely because of higher oil prices, adding to a surge in U.S. inflation that’s the biggest in decades. The U.S. import price index climbed 0.4% last month, the government said Friday, reversing a decline in August that was the first in 10 months. Economists polled by …
https://youtu.be/Jd87HrFSSZY Something else they forget to tell you. Far more power is supplied by French nuclear reactors to England then the total power generated by wind and solar combined (Reuters) – Britain’s National Grid expects its 2-gigawatt power link with France, which has been offline for an extended outage, to be running at half capacity …
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The above agreement was made 2 years ago. The lefty greeeneewinnees got it stopped on environmental grounds Israel cannot come to the rescue of Europe’s gas and energy supply crunch as it is unlikely to raise the level of its natural gas exports, a senior Israeli official told Bloomberg on Thursday. Udi Adiri, director general …
Major stock markets in the United States closed higher on Tuesday, as earnings season started in full swing. On the pandemic front, US President Joe Biden stated that cases are going down nationally, as he urged people to get vaccinated and get the booster shot when available. In politics, the reconciliation package seems to be …
The Energy Information Administration reported on Thursday that U.S. crude inventories rose by 6.1 million barrels for the week ended Oct. 8. That defied expectations for an average 500,000 barrel decline expected by analysts polled by S&P Global Platts. The American Petroleum Institute on Wednesday reported a 5.2 million-barrel climb, according to sources. Supply data …
(Reuters) – Richmond Federal Reserve President Tom Barkin on Thursday said the U.S. central bank has cleared a path for what he hopes to be a “seamless” start to a reduction in its support for the economy, but that it will take more time to determine when interest rate hikes will be appropriate. “We still …
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The Producer Price Index (PPI) in the United States increased by 0.5% in September on a seasonally adjusted basis in comparison to August, according to a US Bureau of Labor Statistics report released on Thursday. On an unadjusted basis, producer prices rose by 8.6% for the 12 months that ended in September, the highest jump …
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