Schachter’s Eye on Energy – July 21st
07/21/2021 10:50 AMEach week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
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China’s Changing Policies Could Create A Huge Oil Demand Deficit
07/21/2021 6:28 AMFigures released last week show that China’s crude oil imports in the first half of 2021 declined for the first time in eight years. China has been the world’s largest net importer of crude oil and other liquids in the world since September 2013 and almost on its own...
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The Biggest Winner if Inflation Comes Roaring Back
07/21/2021 5:49 AMNot most of us because our pay cheques don't keep up with inflation. The big winners are borrowers and who's the biggest borrower of them...
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A Timely End for the Uptrend, Greater Vancouver Homes Resist $2M Price Barrier
07/20/2021 10:26 AMGreater Vancouver detached properties fails in the latest attempt to surpass the two million price barrier. Even as prices reach their highest point in history of $1.982M during June, the average sale price is barely above the aggressive uptrend. The pending break to...
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Peloton plans to launch an in-app video game where you pedal to control a rolling wheel
07/20/2021 9:59 AMPeloton is entering the video game business. Today the company announced its latest idea to get people to exercise: an in-app video game tentatively called Lanebreak. The game, which will only be available for Peloton bike owners and subscribers, involves riders...
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It’s official: The Covid recession lasted just two months, the shortest in U.S. history
07/20/2021 9:43 AMThe Covid-19 recession is in the books as one of the deepest — but also the shortest — in U.S. history, the official documenter of economic cycles said Monday. According to the National Bureau of Economic Research, the contraction lasted just two months, from February...
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Send People a Cheque Under Universal Basic Income and Guess What?
07/20/2021 6:13 AMSurprise or maybe not - new stats make clear that pay people not to work and some won't but that's not the only problem with...
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Airlines race to train pilots as travel demand roars back
07/19/2021 7:17 AMSome of airlines’ most in-demand flights this summer don’t even leave the ground. Flight simulators from Atlanta to Dallas to Miami and elsewhere are humming as airlines scramble to get hundreds of pilots trained to meet a surge in bookings that kicked off this spring...
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The Oil Industry Is Borrowing Again, But This Time It’s Different
07/19/2021 7:05 AMTwo years ago, Wall Street banks were on their way out of a long-term relationship with the oil industry. Now, with oil prices over $70 for the first time in three years, big bond buyers are snapping up oil bonds once again. Only there is a condition this time. The...
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New Anthony Bourdain documentary deepfakes his voice
07/19/2021 6:48 AM‘We can have a documentary-ethics panel about it later’. In a new documentary, Roadrunner, about the life and tragic death of Anthony Bourdain, there are a few lines of dialogue in Bourdain’s voice that he might not have ever said out loud. Filmmaker Morgan Neville...
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