US shale producers face spending hikes
https://www.argusmedia.com/en/news/2284916-us-shale-producers-face-spending-hikes
- some mixed messaging in terms of costs of production. some are saying that improvements in efficiency offset increasing costs
- DUCs being finished means that costs are going up, also salaries and cost of material
- public companies only reinvested 46% last Q, but private companies spent much much more. Private sector firms account for 2/3 drilling

Europe’s rollercoaster energy market is now at the mercy of weather
https://www.afr.com/companies/energy/europe-s-rollercoaster-energy-market-is-now-at-the-mercy-of-weather-20211220-p59j3d
- How will energy crisis in Europe and potential shut down of industrial plants impact Europe's GDP?
- Can it be seperated from Covid policies?

Russian gas exports to Europe via Yamal pipeline fall again
https://www.reuters.com/markets/europe/russian-gas-exports-europe-via-yamal-up-after-saturday-drop-2021-12-19/

EU leaders agree on new sanctions with U.S. if Russia invades Ukraine
https://www.reuters.com/business/aerospace-defense/eu-leaders-consider-new-sanctions-against-russian-surprises-2021-12-16/
- Would cutting Russia off from the SWIFT network make it impossible for Europeans to pay for Russian natural gas, etc.
- biggest geopolitical energy issue through the end of 2021 and into 2021

China's largest LNG importer to buy supplies from US developer Venture Global
https://www.spglobal.com/platts/en/market-insights/latest-news/lng/122121-chinas-largest-lng-importer-to-buy-supplies-from-us-developer-venture-global
- Chinese companies signed nearly half of the supply deals - 45% - thisyear
- China top buyer of US LNG in 2021

China’s energy transition: Walking a thin line between decarbonization and disruption
https://www.spglobal.com/platts/en/market-insights/blogs/energy-transition/121721-china-energy-transition-decarbonization
- closing coal mines was actually due to safety, not environment

Electric vehicle stocks tumble after Manchin rejects Biden’s climate and social plan
https://www.cnbc.com/2021/12/20/electric-vehicle-stocks-tumble-as-bidens-climate-and-social-plan-flops.html

Battery Storage Soars on U.S. Electric Grid
https://www.wsj.com/articles/battery-storage-soars-on-u-s-electric-grid-11640082783
-1 gigawatt is roughly enough to power 350,000 homes for a handful of hours. US is on pace to add six gigawatts this year and another nine gigawatts in 2022.
- California is driving much of the U.S. battery market’s expansion. It is racing to secure power to make up for the impending closure of several gas-fired power plants as well as a nuclear facility that provides nearly 10% of the electricity generated in the state.

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