Energy News And Comment, Monday, February 11, 2019 -- IN PROGRESS

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Title : Energy News And Comment, Monday, February 11, 2019 -- IN PROGRESS
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Energy News And Comment, Monday, February 11, 2019 -- IN PROGRESS

Oh-Oh

Venezuela: the other day I posted this --
Not mentioned: if Venezuela routinely needs light oil to mix with its heavy oil for shipment, one would assume under "better" times, Venezuela would get that light oil from the US, but with US-imposed sanctions, Venezuela may be looking for alternatives.
Hold that thought. It turns out I was correct. Link to follow.

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Miscellaneous

WTI: down again today. This is killing Saudi Arabia and OPEC. US shale survives at $40; thrives at $50 oil; surges at $60 oil. But Saudi Arabia cannot "make it" on $50-oil. What could change it to drive prices higher? I can't think of a thing. 

Tesla: The Coyote Blog has a great piece on Tesla. Link to follow.

AGW: it's not just America reporting cold weather; pretty much worldwide. Will post links later.

Dueling rallies: El Paso. Trump mano a mano Beto.

Pebble Beach: free entrance today to watch the finish of the ATT Pro-Am. With two holes left to play, it's hard to see how Phil Mickelson could lose. He leads by three strokes. His lone competitor has three holes yet to play.


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