2.20

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One critical offset to the tightening market is the current upswing in shale output from the U.S., which could add more than 900,000 barrels a day this year. Without the resurgence in U.S. supply, oil prices would likely be even higher. With new export capacity coming this year, the U.S. will become the world’s largest LNG exporter, ahead of Australia and Qatar. In a tight global gas market, U.S. LNG is critical to avoid a world-wide shortage and keep the lights on in Europe, as demonstrated by the flotilla of tankers headed to Europe.

Did rogue techies spy on the president? Maybe. The one-sided Durham filing can’t be trusted, right-wing misinterpretations of that filing even less so.

Also worth watching the US funded (star-studded) “fake news” propaganda campaign (in the eyes of the Soviets) in support of the Polish dissident fight against the communist govt, and in support of free, rather than controlled opposition, elections