The shipment didn't come in Friday June 16th.FTAG 2000 said:Can't wait to see what he surprises with. Gonna need that update stat!Farmer @ Johnsongrass, TX said:
Paging bmoochie
Add these to my list from yesterday.
- The Congressionally mandated sale of crude from the SPR (26 million barrels...really not much) comes to an end in June.
- The Congressionally mandated sale of 140 million barrels to take place in 2024 through 2027 was canceled in the last Congress. No more oil is coming out of that facility.
- In Beijing, power demand is up 30% so far this quarter from the same period a year earlier. In Shanghai coal plant burns up to 800 tons an hour, yet this provides less then 7% of the cities needs. The China economic startup is just warming up.
- EIA NG report is bullish. The effects of U.S. gas well declines are starting to show up.
- US the Sec of Trans says that air travel is booming and IEA says 2023 will be ATH for demand. (.....but oil lingering in a $70 range due to lack of demand?) TSA checkpoint numbers are running par with 2019 numbers...surprising with the higher air fares. Apparently the US consumer is not going to let higher fares keep them from traveling.
- Netherlands closing Groningen (massive EU NG production) closing due to seismic activity caused by withdrawals, TTF responding in kind upward ... huge bonus for XOM (that supplies much NG to EU)
- Chinese authorities have issued a third batch of crude oil import quotas to refiners for 2023, with overall allowances up by 20% in the first half of this year compared to the same period of 2022.
- Saudi voluntary crude oil cut of 1 million bpd starts July 1st. (This voluntary cut will extend into August, bookmark it)
July is a crossroads for the year.
I picked up 2 bottles of Buffalo Trace Bourbon yesterday. My liquor store guy said comeback on Friday for a surprise. (Yea me!)
It came today.
Here's what I got.
Stagg
Kentucky Straight Bourbon Whiskey
65% ALC by VOL
130 Proof 22B (22nd Batch)
Barrel Proof * Unfiltered