Energy Week
Energy Week
228 - OPEC cuts | China drills second deepest well

228 - OPEC cuts | China drills second deepest well

Commodities Slide as Investors Bet on Economic Slowdown

- if prices trend down to the $60s or $50s by October then Shale producers might curb production plans

Saudi Arabia Springs 1 Million b/d Cut in Opec Megadeal

- will Aramco take oil from storage if customers want more oil than they have available from production?

Saudi Arabia Cuts Oil Output After OPEC Members Clash Over Quotas

- Angola vs. Saudi Arabia over a reduction in baseline quotas

- 2024 new baseline quotas that more accurately reflect capacity

What oil production cuts were agreed at OPEC+ meeting?,a%20combined%2040.46%20million%20bpd

- Does OPEC know something about China's demand that the rest of the market doesn't?

China is drilling a 10,000-meter-deep hole into the Earth

- "The project will provide data on the Earth’s internal structure, while also testing deep underground drilling technologies, according to China National Petroleum Corp., which is spearheading the project."

- Is this REALLY just a scientific and technical venture? Or is it cover for something military?

- How much oil and gas would they have to get out of 457 days of drilling?

- could it be for rare earths like lithium?

An Inflexible EPA Rule Will Hamper Goals to Reduce Methane Emissions

Energy Week
Energy Week
Ellen Wald and Ryan Ray discuss the week's events in energy, and what it all means to you.