Oil breaks records amid US climate collapse


Abnormal cold weather that covered a significant part of the United States led to casualties and serious losses. One of the hardest hit was southern Texas, where temperatures were lower than northern Alaska, reaching -19 degrees Celsius.


The authorities of the American region, where housing is not adapted for such temperatures, and people simply do not have suitable clothes, have already warned the population that the cold will not recede in the near future. The bad weather led to a power outage, electricity production fell by 40%, not only pools and palm trees froze, but even wind turbines, pipelines and oil and gas wells. There was a real climate collapse and communal Armageddon.

About 3 million households were left without electricity, more than 12 million people lost water because pumps stopped working. The infrastructure of settlements, not designed for such tests, simply began to fail. The death toll has reached 21, but this is only interim data and the real picture will become known later, after the rounds of dwellings.

Oil breaks records amid US climate collapse

Texas is one of the major hydrocarbon producers in the United States. This situation led to serious disruptions in the operation of refineries and LNG plants, as well as a record increase in the cost of raw materials and electricity. On February 18, 2021, the price of a barrel of Brent oil (produced in the North Sea) with delivery in April reached $ 60 per barrel on the exchanges and, without stopping, rushed upward, exceeding $ 65. Such prices for "black gold" have not been observed since the beginning of the COVID-19 pandemic. According to the forecast, oil of this grade will soon cost $ 66,5 per barrel.

At the same time, WTI oil (produced in Texas) has almost doubled in price, breaking the $ 62 per barrel mark. According to Bloomberg data, oil production in the United States fell by 4 million barrels per day, i.e. by 36%. At the same time, the countries of the OPEC + agreement are in no hurry to increase oil production "so as not to kill the goose that lays the golden eggs."
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  1. Just a cat Offline Just a cat
    Just a cat (Bayun) 18 February 2021 20: 44
    +6
    what cynicism ... while American friends freeze their balls, Saudi Arabia earns ... laughing
  2. 123 Offline 123
    123 (123) 18 February 2021 22: 08
    +1
    What sissies. smile I looked at the thermometer, overboard - 33C, turned down the gas for the night, it's hot.
    Good night dear people of Texas hi I'll go before going to bed about green energy and see something.
  3. sharp-lad Offline sharp-lad
    sharp-lad (Oleg) 18 February 2021 22: 22
    +3
    The invisible hand of the market in action!
  4. Xuli (o) Tebenado 19 February 2021 04: 59
    0
    ... the price of a barrel of Brent oil ... reached $ 60 per barrel on the stock exchanges and, without stopping, rushed upward, exceeding $ 65 ... According to the forecast, oil of this grade will soon will cost $ 66,5 a barrel ... breaking the mark of $ 62 a barrel. At the same time, the countries of the OPEC + agreement are in no hurry to increase oil production "in order not to kill the goose that lays the golden eggs."
    1. Xuli (o) Tebenado 19 February 2021 05: 42
      +1
      I admit that the picture of weather cataclysms roughly corresponds to reality. But my bewilderment and skepticism was caused by the last lines of the opus.
      In September-October, oil cost about $ 40 per barrel. Then the covid began to retreat, vaccination began, the world economy revived - oil began to slowly rise in price. I must say that the trend cannot be described with the words "without stopping, rushed" - there are smooth fluctuations, occurring daily and monthly. It reached $ 65, now it is $ 62.26, and oil is in a downtrend, so it is silly to shout "according to the forecast, soon ..." slammed the door (stupid political steps greatly affect the stock exchange), after that the ruble broke through another bottom, and domestic prices in Russia jumped just as briskly.
      Finally, a completely ridiculous nod to the OPEC countries: the United States itself produces oil and gas and has huge reserves of these hydrocarbons, short-term difficulties are possible, but nothing more.
  5. GRF Offline GRF
    GRF 19 February 2021 09: 49
    0
    Do you want to provide yourself with heat without benefitting us? This is apolitical!
    But when, Oh, it is more expensive there - ugh for promises, aid to Europe, we will drive LNG to Asia! Oh, are we feeling cold? In general, we will not sell to anyone, not enough ourselves. A city on a hill in all its "splendor".
    I wonder how long domestic liberals will admire a subject with "temporary difficulties", isn't it time to start another "foresight"?
  6. zloybond Offline zloybond
    zloybond (steppenwolf) 19 February 2021 11: 49
    -2
    when the price of oil was tending to zero, everyone wondered how our fuel began to rise in price. Now oil is getting more expensive, expectations inside the country are terrifying)))
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  8. Ulysses Offline Ulysses
    Ulysses (Alexey) 19 February 2021 22: 45
    0
    Greta Tumberg, in solidarity with the Texas victims of global warming, skipped school again today.
    The world breathed a sigh of relief ..