The Barrett Brief - The Virtuals Did Such A Bang Up Job They Deserve A Pay Raise Here is what is happening today in the Brief. First The Virtuals Did Such A Bang Up Job They Deserve A Pay Raise Second Dan Savickas - Government Affairs Manager stops by Third Social Media: The Intimidation and Enforcement Arm of the American Left As well as Dishonest and sneaky “gun control” measures in omnibus spending […]
U.S. crude oil briefly tops $130 a barrel, a 13-year high on possible Western ban of Russian oil Via CNBC.com: Oil prices continued to surge in Monday morning trade as the market reacted to supply disruptions stemming from Russia’s ongoing invasion of Ukraine and the possibility of a ban on Russian oil and natural gas. West Texas Intermediate crude futures, the U.S. oil benchmark, spiked nearly 9% higher to $126.05 […]
‘Economic destruction’ may lie ahead as oil prices push higher, analyst says Via CNBC.com: Oil prices are spiraling higher on supply concerns as the Russia-Ukraine crisis develops, and this could lead to demand destruction and an economic recession, according to an oil analyst. “I’m concerned that we don’t have enough oil at all here, and we need to go to $120 to $150 [per barrel], and then we get into […]
The Barrett Brief - Congrats Soccer Moms, This Is What Matriarchy Gets You Here is what is happening today in the Brief. First Congrats Soccer Moms, This Is What Matriarchy Gets You Second Christopher Laurence stops by Third Dem presidents paved the way for Putin’s Ukraine invasion Also McMaken: Russian 'Weakness' & The Russian "Threat" To The West Don't forget Thor: Love And Thunder LEGO Toy Set Describes Tessa Thompson’s Character As King […]
Oil could vault as high as $150 a barrel Via CNBC.com: Oil prices are soaring and nothing appears to be stopping their ascent. December to January saw international benchmark Brent crude climb by roughly $11 a barrel, and it’s gone up nearly the same amount since the start of February, underpinned by supply concerns, rising inflation and geopolitical tensions. Brent surpassing $100 a barrel is almost a given at this […]
Oil prices plunge as Omicron's rapid spread dims fuel demand outlook Via Reuters.com: Oil prices slumped on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand. Brent crude futures fell $2, or 2.7%, to settle at $71.52 a barrel, while U.S. West Texas Intermediate (WTI) crude futures fell $2.63, or […]
Oil may hit $150 and a surge could ‘definitely escalate an inflation scare,’ says Jefferies Via CNBC.com; Oil prices could move “a lot higher” from current levels given the world’s deep reliance on fossil fuels and may hit $150, says Christopher Wood from Jefferies. “In a world that really reopens — which is a big ‘if’ — the oil price can go significantly higher,” Wood, global head of equity strategy […]
Feds to hold first oil-and-gas land lease sale after Biden’s court loss Via Just The News: The Biden administration will hold its first oil-and-gas land lease sale Wednesday morning after Louisiana Attorney General Jeff Landry sued to overturn a federal moratorium in June. The Bureau of Ocean Energy Management (BOEM), an agency within the U.S. Department of the Interior, will livestream Lease Sale 257 from New Orleans. The sale will […]
Oil prices tick up after robust China data Via Reuters: Oil prices ticked up on Tuesday after strong Chinese import data but markets broadly shrugged off Middle East tensions which have so far not disrupted oil supply. Brent crude oil futures were up 25 cents, or 0.4%, at $63.53 a barrel by 0855 GMT while U.S. crude oil futures gained 14 cents, or 0.2%, to $59.84 a barrel. Both contracts […]
