Hey,

Welcome to the Nooner. Better than morning or night, your midday energy delight.

Today we’re breaking down…

• OPEC and IEA spar over peak oil forecast; on this point, Citibank called for oil in the $60s in 2025 due to oversupply

• Automobile trade group sues to block Biden’s EV push

• Solar continues to dominate the energy transition discussions and has significant momentum

• We put out our Weekly Natural Gas Storage Report

• Sign up for a premium subscription and please share our work

— Jeff Davies, the Energy OG (LinkedIn / Twitter)

DAILY COMMODITY MARKETS

A snapshot of energy markets.

DAILY NEWS

The top-10 news stories you need to know about.

 1.  OPEC Slams IEA for “Dangerous” Forecast of Peak Oil Demand by 2030 | OilPrice.com (OilPrice.com)

 2.  American Solar's Way Forward (Forbes)

 3.  Fast Charging Doesn’t Degrade Batteries More Than Slow Charging: Study (Inside EVs)

 4.  Royalty-free terms draw only three oil and gas lease bids in Cook Inlet (Anchorage Daily News)

 5.  Midstream an Overlooked Beneficiary of the AI Boom (ETF Trends)

 6.  Largest US oil trade group sues to block Biden's EV push (Reuters)

 7.  First Citizens Bank Serves as Lead Arranger on $133 Million for Massachusetts Battery Energy Storage Project (StreetInsider.com)

 8.  If Paris Agreement Goals Are Missed, These Polar Bears Could Go Extinct (NY Times)

 9.  Natural hydrogen will be the next shale, and we'll make it for $1/kg': explorers (Hydrogen Insight)

 10.  Uganda Doubles Oil-Industry Budget as Start of Production Nears (Bloomberg Markets)

THE DATA DROP

EnerWrap’s proprietary daily data.

Weekly Gas Storage

Oil Prices