Energy News Beat 2/5/2021: Friday’s With DRW

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Friday with #hottakeoftheday’s David Ramsden Wood, or as his friends call him “DRW”. 

 

 

Stocks rise moderately throughout the day, with bad jobs data spurning the notion of a new stimulus bill soon • S&P 500: 0.49% • Nasdaq: 0.50% • Dow Jones: 0.26% “The jobs number was particularly underwhelming as far fewer jobs were expected,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance. “Ultimately, the stock market is anticipating continuing healing in the economy and has been moving higher because of Federal stimulus, which arguably is the bigger story.” Crude Oil and Natural Gas News Crude prices cant be stopped as we see fresh yearly highs for crude, which is currently trading around $56.84. Natural gas prices stall amid recent huge bull runs as traders have priced many of the new in already. Natural gas currently trading at around $2.888. US Energy News • Liberty earnings • Chevron wants to buy Noble midstream • Rig counts +8 International Energy News • Russian pipeline update • Worlds largest battery

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About Stu Turley 3357 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.