Video From CNBC: Oil markets will see another glut in 2020, IEA predicts

Some folks are getting excited because WTI hit $60, again; but experts say don't get your hopes up.  You can see the video here:  https://www.cnbc.com/video/2019/07/12/expecting-considerable-oversupply-of-oil-iea-says.html  

Advertisements

By The Numbers, 7/10/2019

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except utilization rate which is a four week ending average.  The full report can be found here. Item 7/5/19 6/28/19 Refinery…

Press release: Sir Kim Darroch, British Ambassador to United States of America, to resign

https://www.youtube.com/watch?v=MNvN81JqnNE 10 July 2019 From:Foreign & Commonwealth Office Sir Kim Darroch has decided to resign as British Ambassador to the United States. In a letter to Sir Simon McDonald, Permanent Under Secretary at the Foreign and Commonwealth Office, Sir Kim wrote: Since the leak of official documents from this Embassy there has been a great…

Video: SPEX CertiPrep Cannabis Standards

With the current opioid epidemic in our industry and our country, I though this video might be informative.  I met this company at the Gulf Coast Conference held in Houston last fall, 2018. I did not know that to test a material for a substance you have to use a reference material, which is that…

Houston Energy Events, July 15 – 19, 2019

Here are some energy events next week for you. Project Management and Controls for EPC and Heavy Industry July 17 -18, 2019 Hotel ICON Register with this discount code CHC1006-HEIN http://bit.ly/2XhADeF Solidworks Training Seminar on Sheet Metal, Weldments, and Assemblies July 17, 2019 10777 Northwest Fwy https://mlc-cad.com/events/solidworks-advanced-training-seminar-houston/ Solidworks Structural FEA Simulation Event July 18, 2019…

Statement From The White House Press Secretary On New Court Rulings Regarding “Catch And Release”

July 3, 2019 Yesterday, a single, unelected district judge in Seattle issued an injunction that prevents the government from ensuring the detention of those aliens who cross the border unlawfully until the completion of their immigration court proceedings.  The decision ignores an express statutory prohibition on granting class-wide injunctive relief against enforcement of the immigration…

Press Release From UK Foreign and Commonwealth Office – Iran has broken its agreed commitments to the Joint Comprehensive Plan of Action (JCPoA) over their nuclear activity

7 July 2019 A Foreign and Commonwealth Office spokesperson said: Iran has broken the terms of the JCPoA, following its announcement that it will start uranium enrichment above the 3.67% limit agreed in the nuclear deal. While the UK remains fully committed to the deal, Iran must immediately stop and reverse all activities inconsistent with…