Oil and Gas This Week

OGTW285

12.20.2022 - By Mark LaCour & Paige WilsonPlay

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This week Mark and Paige cover news articles live from the 12th Annual Christmas Party Customer Appreciation Gumbo Gathering at R4 Specialites

News articles

Occidental CEO Hollub slams California's plan to fine oil companies

https://seekingalpha.com/news/3914948-occidental-ceo-hollub-slams-californias-plan-to-fine-oil-companies

Los Angeles bans oil and gas drilling within city limits

https://www.cnbc.com/2022/12/05/los-angeles-bans-oil-and-gas-drilling-within-city-limits.html

EU sanctions, Russian oil price cap cause tanker bottleneck as crude moves through Turkey

https://www.cnbc.com/2022/12/07/eu-sanctions-russian-oil-price-cap-cause-crude-tanker-bottleneck.html

Turkey seeks proof of insurance from Russian oil tankers

https://www.aljazeera.com/news/2022/12/7/turkey-seeks-proof-of-insurance-from-russian-oil-tankers

White House to ask oil and gas execs to support Ukraine energy infrastructure

https://www.reuters.com/markets/europe/biden-administration-meet-with-oil-gas-execs-how-support-ukrainian-2022-12-05/

One dead after accident at Phillips 66 Wood River refinery

https://www.hydrocarbonprocessing.com/news/2022/12/one-dead-after-accident-at-phillips-66-wood-river-refinery

Speculative Oil Positioning Now as Bearish as In Early Weeks of Pandemic

https://www.rigzone.com/news/speculative_oil_positioning_now_as_bearish_as_in_early_weeks_of_pandemic-08-dec-2022-171316-article/

USA Gasoline Price Now Lower Than Year Ago Average

https://www.rigzone.com/news/usa_gasoline_price_now_lower_than_year_ago_average-08-dec-2022-171318-article/

Neptune Finds Oil in Calypso Prospect

https://www.rigzone.com/news/neptune_finds_oil_in_calypso_prospect-06-dec-2022-171284-article/

Deeply damaging mistake’: UK’s decision to approve a new coal mine criticized as misguided

https://www.cnbc.com/2022/12/08/uks-approval-of-new-coal-mine-criticized-as-deeply-damaging-mistake.html

OPEC+ to consider deeper oil output cuts ahead of Russia sanctions and proposed price cap

https://www.cnbc.com/2022/12/02/opec-meeting-oil-output-cuts-on-the-table-ahead-of-russia-sanctions.html

EIA: U.S. crude stocks drop; fuel stocks post large builds

https://www.hydrocarbonprocessing.com/news/2022/12/eia-us-crude-stocks-drop-fuel-stocks-post-large-builds

Focus: BP Doubles Down on Hydrogen as Fuel of the Future

https://pgjonline.com/news/2022/december/focus-bp-doubles-down-on-hydrogen-as-fuel-of-the-future

The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview 

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