Monday, September 7, 2015

WE'RE "LOCKED IN" TO 3-FT SEA LEVEL RISE: EXPERT .... Euro stocks up today, Asia down on China data .... Several more Canada oil sands projects to come online by '17. Could add 500Kb/d production .... US refining industry could lose $22B/yr if oil export ban removed: EIA .... EDF's 1st nuke project in over 15 yrs was to be be done in '12 for 3.3B Euros. Start date now end of '18 for 10.5B .... Court: Chevron can be pursued in Canada over Ecuador damage .... US oil prodution in Feb, March, May 80-125Kb/d lower than previous EIA estimates. June 250K lower .... US oil rig count down 13 last week .... Sauds cut monthly oil selling price for many customers .... OPEC production down 170Kb/d in Aug v. July. ~$1B lower Iraq exports from pipline attacks in Turkey by Kurds .... Rosneft CEO: Russia has potential to increase oil production to 14Mb/d from 10M now. Also could export 300BCM/yr of NG to China .... China refiners could export 44% more in Aug-Dec than 1st 7 months .... Utah oil sands project producing 250b/d at $30/bl. Plans for 5Kb/d plant at down to $20/bl cost .... Vitol: oil to stay $40-$60/bl into '16 .... Jinko Solar plans development of 2.3Gw in Egypt .... Of course, none of this matters a hoot if Jesus is returning soon.

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