Tavis and Kevin are back with the latest and greatest stories from the largest basins in the US.

Anthony and Tavis are back talking about ineffective measures of controlling commodity prices, the environmentalist rejection of domestic production, and much much more. All references are listed below.

References:

https://oilprice.com/Energy/Crude-Oil/G7s-Oil-Price-Cap-For-Russia-Easier-Said-Than-Done.html

https://oilprice.com/Geopolitics/International/Russia-Defaults-On-Foreign-Debt-For-The-First-Time-In-104-Years.html

https://www.cnbc.com/2022/06/16/environmental-groups-sue-biden-to-block-oil-and-gas-drilling-permits.html

https://www.bloomberg.com/news/articles/2022-06-24/us-poised-to-escalate-claim-that-mexico-violated-free-trade-pact?cmpid=BBD062422_OUS&utm_medium=email&utm_source=newsletter&utm_term=220624&utm_campaign=openamericas

https://www.yahoo.com/news/biden-calls-chevon-ceo-mildly-210244204.html

https://www.chevron.com/newsroom/2022/q2/a-letter-to-president-biden-from-chevron-ceo-mike-wirth?utm_source=linkedin&utm_medium=social&utm_campaign=corporate

https://www.reuters.com/business/energy/which-us-refineries-have-shut-since-global-pandemic-why-2022-06-17/

A day late, but valuable information nonetheless. Welcome back to Monday Madness!

Anthony and Tavis talk about big stories including Exxon's response to the president, the bright idea of returning to coal, and Russia's continually decreasing gas deliveries.

References:

https://www.businesswire.com/news/home/20220615006025/en/ExxonMobil-statement-regarding-President-Biden-Letter-to-Oil-Industry

https://www.linkedin.com/posts/sheridandoug_petroleum-gasoline-greenflation-activity-6942995905268649984-AiUu?utm_source=linkedin_share&utm_medium=ios_app

https://oilprice.com/Energy/Energy-General/Germany-Turns-To-Coal-Power-Amid-Natural-Gas-Crisis.html

https://oilprice.com/Energy/Energy-General/Russia-Overtakes-Saudi-Arabia-As-Chinas-Top-Oil-Supplier.html

https://oilprice.com/Latest-Energy-News/World-News/Ukraine-Hits-Oil-Gas-Drilling-Platforms-Off-Crimea-Russia-Says.html

https://oilprice.com/Energy/Natural-Gas/Russias-Gas-Deliveries-To-Europe-Plunge-Further.html

A tragic fire, utilizing archaic energy resources, and even less global supply.

Anthony and Tavis talk about the wackiest stories in energy from Ukraine's refusal to deliver energy resources to China's hoarding of rare earth metals. The internet connection was a little spotty on this recording, but the information is still worth its weight in gold!

References:

https://oilprice-com.cdn.ampproject.org/c/s/oilprice.com/Latest-Energy-News/World-News/Ukraine-To-Halt-Coal-Oil-Gas-Exports-Ahead-Of-Critical-Winter.amp.html

https://oilprice.com/Latest-Energy-News/World-News/Germany-Could-Spend-10-Billion-To-Bail-Out-Expropriated-Ex-Gazprom-Unit.html

https://oilprice.com/Energy/Crude-Oil/India-And-China-Take-In-Russian-Oil-Unwanted-In-The-West.html

https://www.forbes.com/sites/rrapier/2022/06/11/exxon-made-more-money-than-god---but-far-less-than-apple/?sh=4ebab64836ed

https://www.cnbc.com/2022/06/09/biden-announces-standards-for-electric-vehicle-charging-stations.html

https://www.mining.com/as-demand-for-rare-earths-rises-worlds-biggest-producer-might-stop-exporting-them-says-analyst/

A bumbling UK energy idea, back to 0 for Libya, and potential for decreased demand (thanks COVID).

Anthony and Tavis talk about hairbrained cartels, how Russia is doing exceptionally well getting oil to market, and why the new ethanol regulations will push gasoline prices even higher.

References:

https://oilprice-com.cdn.ampproject.org/c/s/oilprice.com/Energy/Energy-General/A-Radical-Plan-To-Halt-The-Oil-Price-Rally.amp.html

https://oilprice.com/Energy/Crude-Oil/Russia-Sends-Record-Volumes-Of-Oil-To-India-China.html

https://oilprice-com.cdn.ampproject.org/c/s/oilprice.com/Latest-Energy-News/World-News/Russian-Oil-Sells-At-Huge-Discounts.amp.html

https://oilprice-com.cdn.ampproject.org/c/s/oilprice.com/Energy/Energy-General/How-Russia-Has-Remained-One-Step-Ahead-Of-Western-Sanctions.amp.html

https://oilprice.com/Energy/Energy-General/Biden-Administration-Seeks-Restart-Of-Idled-Oil-Refineries.html

https://oilprice.com/Energy/Energy-General/What-Do-Bidens-New-Ethanol-Mandates-Mean-For-You.html

Looking the other way as illegal oil flows in, Libya's grand reopening, and EPA standards that may raise the cost of gasoline.

A rare negative rig count, an actual plan from the Biden administration, and the EU's wet noodle of a banning mechanism.