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- Welcome to Follow The Money
Welcome to Follow The Money
This is Follow The Money, an oil and gas newsletter from the team at Barrel Hub.
💰Time is money, and our goal is to help you save yours.
📰 Wake up every day to the top news stories, yesterday’s posted price Bulletins, Nymex and Henry Hub strips.
📊We may even sprinkle in some proprietary data here and there (shh)!
⛽All you need to do is be you and let us handle the rest.
🆓For those of you who refer friends (3 to be exact), you will also receive our Premium Monthly Newsletter – free of charge.
😃If you’re a Barrel Hub subscriber, then it’s good to see you!
🤝If not, no worries, there’s still time to fix that.
🆒If you’re curious, click here… we love to talk about ourselves.
💸Now, on to the good stuff!
Daily Data Dump
The good, the bad, and the ugly of Texas oil production.
Best of the Best 🏆️
Every week, we sift through our proprietary data to find the best performers in Texas.
Never Quit 😢
Similarly, we find the oil producers who need a little help (i.e. call Barrel Hub).
If you’re wondering how we get this information, we’re under strict orders from the CIA not to disclose that (but if you want to know you can go here).
Daily Bulletin
Futures Curve
Lone Star Stories
Well, well, well, it seems Delek US Holdings had a bit of a hiccup at its Big Spring refinery in Texas.
Apparently, equipment issues and excessive gas emissions were reported.
The 73,000-barrel-a-day refinery is located in west Texas, 44 miles east of Midland.
Let's hope they get things sorted out soon, because excessive gas is never good.
The Texas Senate passed a package of bills that would cut support from wind and solar power and force renewable electricity companies to subsidize the construction of new fossil fuel plants.
The issue was caused by a equipment malfunction in the Sulfur Recovery Unit.
While many industries have already integrated the wave of nerds wielding virtually unlimited number crunching power, the oil and gas industry has yet to catch up.
Reader Question of the Day
How does the increase in US oil output affect the global oil market?
1. Impact on global oil prices: The increase in US oil output can lead to a drop in global oil prices if the increase in supply outpaces the increase in demand.
2. Impact on OPEC: The increase in US oil output has put pressure on OPEC to cut production in order to maintain oil prices.
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