@Big_Orrin Interest in exchanges appears low at the moment. DOE awarded 500,000 barrels from a solicitation that offered 40 million. Flattening curve provides the market signal.
On the latest episode of the Oil Ground Up podcast, I was joined by @Bob_McNally, founder and president of Rapidan Energy Group, former White House energy advisor to President George W Bush, and the author of Crude Volatility: The History and The Future of Boom-Bust Oil Prices.
Our conversation focused on the history of the market’s view of the Hormuz risk, the latest status of negotiations between Washington and Tehran, and the longer-term consequences to the geopolitics oil the oil market.
https://t.co/jcpUTpdtj2
@JigarShahDC At what location is Jet-A currently priced at $7.95/gallon?
What feedstock, and feedstock price, is assumed to produce SAF at $4/gal?
Many thanks!
@Big_Orrin@OilandEnergy 79.73mb has been "awarded" but not all of those barrels have been released.
Award 1: https://t.co/IWCP5OhcO4
Award 2: https://t.co/75MzlhLAM7
Award 3: https://t.co/nzdgOTEHfP
@pickeringenergy Hey Dan, good stuff. How are you thinking about recent Ukraine attacks aimed at Russia oil export infrastructure? In particular, how much and for how long Russian oil exports might be disrupted?
My latest contribution to @TheDispatch is a primer on why the Iran War and the effective closure of the Strait of Hormuz is the potential to spiral further into by far the biggest energy shock in history.
And markets are sleepwalking into it.
https://t.co/PkD4v6pgC8
@Rory_Johnston In jiu jitsu, every move can be countered by the opponent. Most important concept is to maintain balance, base, and stability, while remaining calm under pressure. Fancy, desperate technique execution has a tendency to backfire and result in defeat. Let's see how this plays out.