SAF Group Jan 19, 2025 Energy Tidbits Should be Posted by Noon MT

The SAF Group Jan 19, 2025 Energy Tidbits memo should be posted by noon MT on the research section of our SAF Group website [LINK]. (i) The memo is titled “Will Trump Put in Motion Multiple Upsides to Oil & Natural Gas ie. Hitting Iran & Venezuela Oil Exports, Offshore Wind, etc?” We think it is overlooked that Trump is expected to put in motion multiple upsides to oil and natural gas tomorrow. ?(ii) Brutal cold hitting the US will cause interruptions to oil, natural gas, refineries, electricity, rail cargo, etc but can’t predict exactly what will be hit. (iii) ??? BC Premier Eby’s mandate letters seemed to imply they won’t be a holdback item for FID on LNG Canada’s 1.8 bcf/d Phase 2. (iv)? Overlooked holdback for oil post 2025 is Saudi Arabia and Qatar will be adding >1 mmb/d of condensate & NGLs to export markets that is outside OPEC+ quotas. (v) Overlooked positive missing item from IEA’s OMR release – the IEA didn’t go out of its way to negatively message on oil at every opportunity.? Rather they let their numbers speak for themselves. (vi) here are many other items in today’s Energy Tidbits memo. (vii) ?Thanks to Twitter/X followers who took me over 12,000 this week. I hope others will follow me on Twitter/X at [LINK] for breaking news that ultimately ends up in the weekly Energy Tidbits memo that typically gets posted by Sunday noon MT. I hope our SAF Group Energy blogs, Energy Tidbits memos, Linkedin articles and Tweets help with your perspective on energy and markets. Thank you for your support to my Energy Tidbits memos and tweets.

Dan T