Oil: Cautious optimism; Alaska LNG/ Pebble progress; Biden ban kills 200k jobs.

In News, Uncategorized by wp_sysadmin

News of the Day:    Retired Anchorage lawmaker Bob Lynn has died at age 87 OIL Demand rise, output cuts could mean oil market balance in JuneOil & Gas 360, May 26, 2020 Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks predict. “Bullish … read more

Accentuate the positive (Oil jumps 18%!); Eliminate the Negative (bogus claims on BLM virtual meeting participation).

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OIL Oil jumps 18% in fifth day of gains on demand recovery and production cuts Oil & Gas 360, May 5, 2020 Oil prices surged on Tuesday as optimism around ongoing production cuts and a recovery in demand with the reopening of economies around the world pushed prices higher. Goldman Sachs Predicts $51 Oil in 2021  Tsvetana Paraskova, OILPRICE.com, May … read more

Thank you 3M!!!! Wuhan reopens; Finance co-chair gets it wrong

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COVID 19 Trump Ends Feud with Mask Maker 3M, Announces Deal For 55 Million U.S. Masks Per Month Rachel Sandler, Forbes, April 6, 2020 Topline: President Donald Trump on Monday said 3M will produce 55.5 million masks per month for health workers in the U.S., ending a days-long conflict between the White House and the mask manufacturer over Trump’s use … read more