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b'Opec+ ministers to next meet on 4 January
https://www.argusmedia.com/en/news/2166600-opec-ministers-to-next-meet-on-4-january
- OPEC+ deal to increase production by 500,000 bpd
Could there have been some pressure from China on UAE and Russia to increase production because China wants to buy more?
- Will meeting more regularly have more or less impact on the market?
- Should OPEC set production policy for 6-12 months or should it become a rapid-response reactive group, adjusting production policy every month?
- Does it deter U.S. producers from increasing production too much? Would it influence the shale oil industry?

Energy Pipelines\\u2019 Bad Year Has a Silver Lining
https://www.wsj.com/articles/energy-pipelines-bad-year-has-a-silver-lining-11607342400
- Will all of the companies have product flowing through their infrastructure? For those that do, the value of their infrastructure will be increased.
- Value could come years later if pipeline permitted becomes so difficult its nearly impossible to get pipelines permitted.
- But would drillers put out capital to drill if there\\u2019s no possibility of getting pipeline space.
- Got to get through 2021 to see where demand is and see how many producers actually make it to 2022.
- Would they be absorbed by a super-major?

Exxon Under Pressure From New Activist Fund
https://www.wsj.com/articles/exxon-under-pressure-from-new-activist-fund-11607310000
- Engine No. 1 investment fund is pushing for Exxon to invest more in clean energy technology, etc.
- Why not just buy shares in BP and Shell?

U.S. gasoline demand during Thanksgiving week lowest since 1997: OPIS
https://www.reuters.com/article/usa-products-gasoline/u-s-gasoline-demand-during-thanksgiving-week-lowest-since-1997-opis-idUSKBN28H1UQ?il=0
- people are NOT driving
- WHY then, are oil prices up?
- What will happen for Christmas travel? But with new lockdowns, curfews, etc. can we really expect people to travel for Christmas?
- How much will the lack of demand for Black Friday show up in diesel for package delivery? Not enough to offset

Exxon Holds Back on Technology That Could Slow Climate Change
https://www.bloomberg.com/news/features/2020-12-07/exxon-s-xom-carbon-capture-project-stalled-by-covid-19

The COVID-19 Shock and the Curious Case of Missing Barrels
https://www.oxfordenergy.org/wpcms/wp-content/uploads/2020/12/The-COVID19-Shock-and-the-Curious-Case-of-Missing-Barrels.pdf
- China probably imported them!

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