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🛢️ "Gas or Tariffs?" Trump asks EU
Peak China Oil Demand...When?
Good morning, here's what the OilPatch Team has for you today:

Trump To EU: Gas or Tariffs
The U.S. president is not wasting any time setting new rules.
Trump has told the EU they must buy more U.S. gas.
If they want to avoid tariffs on their exports.
🚨 TRUMP: “I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!”
Babe wake up! Trump is tariffing the EU!
— Autism Capital 🧩 (@AutismCapital)
6:15 AM • Dec 20, 2024
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China Oil Demand Set To Peak Soon. So?
Oil demand growth in China could peak as soon as next year.
Or it could peak by 2027.
That’s according to China’s own supermajors.
The question no one is asking is “So what?”
Food for thought next time you chew on paper drinking straw. China generates more electricity from coal than the US from all sources combined. Throwing tomato soup at Mona Lisa will barely have any impact in this regard.
Chart @DanielKral1
— Michael A. Arouet (@MichaelAArouet)
5:36 AM • Dec 27, 2024
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Tweet of the Day
Anytime an O&G field hand adds a “K” to Frac I am compelled to ask them one simple question.
— De La Rosa (@Tejanobrown)
4:07 PM • Dec 28, 2024

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