U.S. president vows “consequences” for Saudi Arabia
White House to re-evaluate Saudi relationship ($FT)
U.S./Saudi relationship under pressure
U.S./Saudi relations under strain ($WSJ)
U.S./Saudi relations under strain ($FT)
U.S./Saudi relations congressional primer ¹
Global mining and the future energy system
La Niña’s impact on weather in China (trans.)
¹ This briefing paper is the best overview of the strategic relationship and tensions between the United States and Saudi Arabia. The U.S. Congressional Research Service (CRS) sets the benchmark for non-partisan, fact-driven, insightful and well-written policy research. CRS has always been a major inspiration for best in energy and my own research notes. The late CRS defense specialist Stephen Daggett has been one of the three biggest influences on my own writing.
EU28 GAS INVENTORIES are accumulating at a record rate for such a late date in the refill season. Gas storage increased by almost +3 TWh per day in the seven days ending on October 10, the fastest seasonal increase on record. Total stocks have risen to 1,027 TWh compared with 865 TWh at the same point in 2021 and a prior ten-year average of 919 TWh.
In response to government mandates and exceptionally high prices, the refill season is on course to persist later into October or even November than usual, boosting the volume of gas in storage, and delaying the onset of drawdowns later than usual:
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