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It was not clear, however, if the settlement is related to refinery fires.click here for more Houston Chronicle October 26, 2017 The long-struggling offshore energy sector is showing early signs of recovering, but corporate executives’ opinions of how far and how fast the recovery might proceed ranged from dour to optimistic during earnings calls Thursday.
“Load shedding may or may not be the result of a violation of a Reliability Standard.The proposal would federally subsidize coal and nuclear power, and it’s a dramatic reversal from a man who had spent his political career extolling the virtues of market competition. In Texas, there’s [a] catch: The subsidies wouldn’t apply here, because the group that regulates the Texas grid – the Electric Reliability Council of Texas – operates independently of FERC.“The thing with ERCOT is because its self-contained within Texas, it’s not under federal jurisdiction,” said Joshua Rhoades, a fellow at UT’s Energy Institute. Brent crude futures, the international benchmark for oil prices, were at $60.78 per barrel at 0343 GMT. West Texas Intermediate (WTI) crude futures were at $54.05 a barrel, 10 cents below their last close.The statement by Prince Mohammad, the next in line to the Saudi throne, is the strongest signal yet that the Organization of the Petroleum Exporting Countries and its allies like Russia will agree to continue curbing production at their next meeting on Nov. Saudi Arabia is OPEC’s largest producer and most influential member.The OPEC cartel and a Russia-led group of non-OPEC producers are in the middle of an accord that cuts global oil output by almost 2% through March 2018.Where it isn’t, no penalty would apply.” click here for more Bloomberg October 30, 2017 The central pillar of Vistra’s case, though, is synergies.
At $350 million per year at the Ebitda level, or about 30 percent of Dynegy’s combined operations and maintenance costs and overhead, the target is about $50 to $100 million higher than what many expected.
And, on Tuesday / Thursday / Saturday, he does weight training for an hour at his home plus swimming (cardio workout).
Regarding diet, he generally eats chicken salad during lunch.
The national average is running about 9 cents lower than a month ago, but 25 cents more than a year ago.
click here for more New York Times October 30, 2017 Russia is increasingly wielding oil as a geopolitical tool, spreading its influence around the world and challenging the interests of the United States.
Russia has been making a flurry of loans and deals all centered on the Venezuelan oil business, money that could make the difference between the government’s collapse and its survival.