Episode 162: Gasoline demand back for now | Biden's quest for cheap gasoline tests his climate goals - a podcast by Ryan Ray & Ellen Wald

U.S. Refineries Eye Week of Strong Gasoline Demand With Caution
https://financialpost.com/pmn/business-pmn/u-s-refineries-eye-week-of-strong-gasoline-demand-with-caution
- summer is in full swing and so is gasoline demand
- Was July 4 the height of gasoline demand? Is is downhill from here? Or will we see another surge when people go back to work/office in September?

https://twitter.com/GasBuddyGuy/status/1414286726281969671?s=20

Biden's quest for cheap gasoline tests his climate goals
https://www.eenews.net/stories/1063736567
- Did Biden really try to get OPEC+ to increase production?
- Is Biden really concerned about higher gasoline prices right now?

Higher Inflation Is Here to Stay for Years, Economists Forecast
https://www.wsj.com/articles/higher-inflation-is-here-to-stay-for-years-economists-forecast-11626008400
- 3.9% inflation in May excluding energy and food. 3.9% including food and energy.
- But energy impacts everything over the line
- Fed still thinks inflation is transitory due to bottlenecks and hiring difficulties.
- But lots of industries are having issues that aren’t related to Covid

OPEC+ yet to make progress in resolving impasse, sources say
https://financialpost.com/pmn/business-pmn/opec-yet-to-make-progress-in-resolving-impasse-sources-say
- Will OPEC get its act together?

Analysis: Big Oil keeps brakes on spending even with crude rally windfall
https://www.reuters.com/business/energy/big-oil-keeps-brakes-spending-even-with-crude-rally-windfall-2021-07-12/

BP Report Tries To Explain What Really Happened to Energy Markets in 2020
https://jpt.spe.org/bp-report-tries-to-explain-what-really-happened-to-energy-markets-in-2020
- China to the rescue when it comes to natural gas demand in 2020
- Will natural gas prices decline or increase as we get into winter?

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