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...“Nothing terrifies a sitting American president more than a surge in pump prices during an election year,” said Bob McNally, president of consultancy Rapidan Energy and a former White House energy adviser...
...German industry is unlikely to fully recover from energy crisis, the head of RWE told the FT....
...Bob McNally, president of consultancy Rapidan Energy and a former energy adviser to US president George W Bush, said the fallout from the Iranian strike could still propel prices “towards, if not beyond,...
...“A possible escalation between Israel and Iran’s main proxy Hizbollah in Lebanon is a still under-appreciated Iran contagion risk,” McNally said....
...It’s more the fundamentals,” said Bob McNally, president of consultancy Rapidan Energy and a former energy adviser to George W Bush....
...McNally put the odds of a “material interruption in regional energy flows” as high as 30 per cent....
...A moderation in oil prices had lowered the political temperature surrounding Big Oil’s profits, even in an election year, said Bob McNally of Rapidan Energy Group, a Washington-based consultancy....
...Industry figures fear Russian president Vladimir Putin may attempt to use oil supplies to influence the US election, as potential candidates such as former president Donald Trump have suggested they will...
...“US supply was probably the biggest surprise of the surprises,” said Bob McNally, president of Rapidan Energy Group, calling it the “main reason” why markets had not tightened as many expected....
...Peter McNally, analyst at Third Bridge, said a deal with Pioneer probably made sense for Exxon, which has invested billions in its downstream businesses along the US Gulf coast....
...Peter McNally, analyst at Third Bridge, said it was “the real prize” in Hess’s portfolio....
...“The White House is in full-blown panic mode,” said Bob McNally, head of Washington-based consultancy Rapidan Energy Group and a former adviser to president George W Bush....
...The war has been a boon for the US’s growing liquefied natural gas industry. Until the invasion, China and other developing countries offered US exporters of LNG the most promising markets....
...But Granholm’s new comments were “welcome to those concerned about energy security and to those in Opec+ concerned about price stability”, said Bob McNally, head of Rapidan Energy Group....
...“It reflects both their determination to refill depleted stocks as well as a hope to encourage more US production by putting a floor in the price,” McNally said....
...Others in the industry also point to Russia’s capacity to make trouble elsewhere....
...The Permian Basin in New Mexico and Texas has emerged as the new workhorse of the American oil industry....
...But Peter McNally, global sector lead for industrials, materials and energy at research company Third Bridge, said if the goal “is to maximise the investment in renewables, then there should be no exclusions...
...Bob McNally, head of consultancy Rapidan Energy and a former adviser to the George W Bush administration, noted that, ironically, the motivation behind the White House’s repurchase price — an effort to put...
...widened a split over how best to produce low-carbon hydrogen — the cleaner alternative to methane considered by many governments to be a potential game-changer in cutting emissions from the world’s dirtiest industries...
...The US oil industry’s main lobby groups on Tuesday urged Granholm to “disavow” any potential restrictions, warning they would further drive up prices in the US and internationally....
...Bob McNally, a former adviser to US president George W Bush and head of Rapidan Energy Group, said that despite the threat of sanctions, the US government was trying to clarify market confusion about the...
...“Unprecedented two-way risks may argue for holding steady, but Riyadh has clearly warned against the crude market overshooting to the downside, a signal it may backstop with a cut,” said Bob McNally, a former...
...Peter McNally, analyst at research group Third Bridge, said the refining business was the “standout” for Exxon, noting its profits nearly doubled from the first quarter despite the business being a “political...
...Abdulaziz’s intervention “was about much more than Iran”, said Bob McNally, a former White House adviser and now head of Rapidan Energy Group....
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