12.20.2022 - By Mark LaCour & Paige Wilson
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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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