187 - Amid rising prices US courts block offshore lease

Published: Jan. 31, 2022, 9:12 p.m.

b'Court blocks latest GoM offshore lease sale, wants more greenhouse gas calculations
https://www.ogj.com/general-interest/government/article/14232851/court-blocks-latest-gom-offshore-lease-sale-wants-more-greenhouse-gas-calculations
- must run additional calculations on emissions contribution to global climate change
- \\u201cfailed to include a calculation of potential impacts on global fossil fuel consumption if the lease sale were not held at all.\\u201d

Before Ukraine Standoff, U.S. Pitched Its \\u2018Freedom Gas\\u2019 to Europe and Found Few Takers
https://www.wsj.com/articles/before-ukraine-standoff-u-s-pitched-its-freedom-gas-to-europe-and-found-few-takers-11643538604?mod=djem_EnergyJournal
- Poland did sign contract with US LNG providers
- wouldn\\u2019t Russia want to find other buyers for its oil if it plans to invade Ukraine and its oil will be sanctioned?
- Russia isn\\u2019t concerned about American retaliation?

Biden to meet Qatar leader as Europe energy crisis looms
https://apnews.com/article/afghanistan-russia-ukraine-coronavirus-pandemic-joe-biden-business-dfff33604f12df2665d060abb3ff8705
- What does the US expect Qatar to do? Most of its supply is contracted to Asia and Asia isn\\u2019t likely to resell to Europe.

Explainer: Why U.S. natural gas prices spiked by a record 70% on Thursday
https://www.reuters.com/business/energy/why-us-natural-gas-prices-spiked-by-record-70-thursday-2022-01-28/
- Short seller got caught on last day of contract, low volume

Oil Prices Could Reach $100 This Year. It\\u2019s Bad for Oil Producers, Too.
https://www.barrons.com/articles/oil-prices-could-reach-100-this-year-its-bad-for-oil-producers-too-51643275801
- question for OPEC: Does $90 Brent incentivize more drilling than $75 Brent?
- Given where inventories are, is $90 Brent too high?

Oil forward curves signal tight market, supporting price rally
https://www.reuters.com/business/energy/oil-forward-curves-signal-tight-market-supporting-price-rally-2022-01-31/

EIA forecasts OPEC production will grow in 2022 despite recent production outages in Libya
https://www.eia.gov/todayinenergy/detail.php?id=51078

Ukraine, Russia conflict could hit US steel industry
https://www.argusmedia.com/en/news/2295822-ukraine-russia-conflict-could-hit-us-steel-industry
- suppliers send from Black Sea, which could be cut off if there is military activity
- could source from Canada

OPEC oil output rises by 210,000 bpd in January, survey shows
https://www.reuters.com/business/energy/opec-oil-output-rises-by-210000-bpd-january-survey-shows-2022-01-31/

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