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Good morning, here's what the OilPatch Team has for you today:
Optimism Ramps Up
The oil and gas industry is getting more optimistic about its future.
That’s according to the latest Dallas Fed survey.
It showed expectations of higher prices for both oil and gas, and stronger activity in the sector.
Dallas Fed Energy survey: What do you expect WTI prices to be in six months, one year, two years, five years?
$69 rising to $90
dallasfed.org/research/surve…— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi)
7:56 PM • Jan 2, 2025
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Listen to Life of an Oil Man
Life of an Oilman tells the stories of the great petroleum entrepreneurs of the past.
The latest episode is Part 3 on the Life of Aubrey McClendon, from the book The Frackers.
These men built the modern world with abundant and cheap energy. Listen now to Life of an Oilman.
“Eat the Rich”
An EU bureaucrat has called for higher taxes for the rich.
The purpose of those taxes? Pay for the energy transition.
Otherwise sceptics will win all elections.
Marxist Frans Timmermans, who leads the Dutch Green/Labour alliance, was once the key architect of the disastrous European Green Deal. As he starts to understands his madness is unaffordable, he suggests more socialism to avoid a backlash. Fire him
— Alexander Stahel 🌻 (@BurggrabenH)
7:17 AM • Jan 6, 2025
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Tweet of the Day
January 6th still haunts me to this day.
Please say a prayer for my uncle Clayton.. he’s been confined in the cells ever since attending J6.. here he is wearing the brown over vest and camo hat.
— De La Rosa (@Tejanobrown)
7:44 PM • Jan 6, 2025
Thanks for reading today’s Oil Patch!
Stay oily, my friend.
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