@BubleQe Only a relatively small minority goes to the government. Majority is settled between industry (those generating credits selling to those owing). Required government payment has been declining and drops to 10% soon
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@Rory_Johnston Does it make sense for some of the shut in production to try to turn back on with only 2-week line of sight or do you expect they stay offline until something more definitive is sorted?
@GasBuddyGuy Appreciate all your posts/content. Agree with comments/replies re: low (no?) correlation between energy policy and US production (i.e. Pres doesnt influence rig count). In above you link to OPEC being true driver - do you see a link between US foreign policy and OPEC decisions?
@BenjaminCosper @vanillaopinions bigger (actual) lever is taxes applied to the gallons at the pump, comparatively minor ability of pres. to influence supply balance. Biggest tool at president's disposal is (was) the #SPR ... that card has largely been played.
Taking in an #Arsenal game with my wife and Waleed Al Bader and the team from #Kuwait’s PIC in 2017. Was fortunate to work with him, albeit briefly as he moved on to tackle the Al-Zour Refinery mega project
I would like to extend sincere, heartfelt condolences to the family, friends, loved ones and community of Chief Terry Cardinal of Saddle Lake Cree Nation, who recently passed.