Daily Energy Report

Daily Energy Report

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Daily Energy Report
Daily Energy Report
Daily Energy Report

Daily Energy Report

Permian is getting gassier, Mexico crude exports, Egypt’s LNG story, China refineries slow, OPEC bullish on oil, Solar propaganda, EV insurance costs, and more.

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A F Alhajji
Jun 14, 2024
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Daily Energy Report
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Chart of the Day: The Permian Got Gassier after COVID-19!

 

Summary

Looking at oil and gas production data in the Permian, a direct relationship existed over the years until the end of 2020. Then, suddenly, with the recovery from COVID-19, the situation changed. More natural gas is produced for every barrel of oil produced. The shift is so pronounced, as shown in Figure (1), it makes you wonder what happened! 

EOA’s Main Takeaway

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