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b'Biden Official Heckled by Oil Group After Urging Shale Boost
https://www.bloomberg.com/news/articles/2021-12-06/biden-official-heckled-after-urging-shale-to-boost-oil-supplies
- was it really a heckle? or just a little pushback?

European Power Prices Climbs in Freezing Cold Weather This Week
https://www.bnnbloomberg.ca/european-power-prices-climbs-in-freezing-cold-weather-this-week-1.1691679
- US temps are up which is has brought natural gas prices down in the US
- But in Europe, price increase of 69%

Saudis Raise Oil Prices for Asia, U.S. Despite Omicron\\u2019s Spread
https://finance.yahoo.com/news/saudi-arabia-raises-oil-prices-122146298.html
- Aramco prices January Arab Light to Asia at $3.30 above benchmark
- Amin Nasser says omicron not a threat to demand and market has over-reacted
- OPEC+ message to the market that it believes the global economy will continue to be strong

JP Morgan sees oil prices hitting $125 in 2022, $150/bbl in 2023
https://www.reuters.com/business/energy/jp-morgan-sees-oil-prices-hitting-125-2022-150bbl-2023-2021-12-02/
- Why? JP Morgan thinks that OPEC+ will slow down production increases because the prices won\'t be high enough
- This seems to be a ridiculous assumption to me.
- The bank forecast global oil demand to reach 99.8-101.5 million barrels per day in 2022-23.

China Seeks First Military Base on Africa\\u2019s Atlantic Coast, U.S. Intelligence Finds
https://www.wsj.com/articles/china-seeks-first-military-base-on-africas-atlantic-coast-u-s-intelligence-finds-11638726327
- Is China\'s military prowess really as significant as say, Nazi Germany?
- Ryan\'s read - trying to do whatever they can to keep the top down economy afloat. Investment in Africa is also to create jobs for Chinese
- Is China heading out of Africa?
- Will China invest in African oil and gas production? Especially when western countries are not as interested in investing in oil and gas production in developing countries.
- protecting mineral rights?

OPEC\'s power was waning. Soon it may have more sway than ever
https://www.cnn.com/2021/12/02/energy/opec-market-power/index.html
- "The only producers that have put in the investment that\'s needed [to sustain long-term production] are Saudi Aramco and Adnoc," said Ellen Wald, author of the book "Saudi, Inc.," referring to state oil firms in Saudi Arabia and the United Arab Emirates. "That shifts the balance over to OPEC."
- If shale producers don\'t return to exponential growth they may never be able to challenge OPEC in the same way again?

Global oil CEOs stress need for fossil fuels despite push for cleaner energy
https://www.reuters.com/markets/commodities/houston-oil-conference-speakers-pull-out-over-omicron-worries-2021-12-06/
- Will oil and gas make its case for why fossil fuels are still necessary?

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