Nord Stream Sabotage

Posted: September 30, 2022
Category: News Pulse

RP Weekly Recap | September 26 – 30


In the latest development of Russia’s Nord Stream Pipeline, two explosions in the Nord Stream 1 and 2 pipelines in the Baltic Sea resulted in what could amount to the largest-ever single release of methane gas into the atmosphere. “At least two detonations occurred underwater, damaging the pipelines belonging to Nord Stream 1 and 2, causing major leaks of natural gas into the Baltic Sea,” the countries’ permanent missions to the United Nations said. But, in a recent speech to mark the annexation of four Ukrainian regions invaded by Russian forces, Russian President Vladimir Putin on Friday blamed the United States and its allies for blowing up the undersea Nord Stream pipelines, raising the temperature in a crisis that has left Europe racing to secure its energy infrastructure and supplies. Check out this story and more in this week’s recap of all things happening in oil and gas!

COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 617,451,613 (up from 594,299,299 last week)
  • Number of Cases (USA): 96,354,363 (up from 93,406,620 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News

Employment Updates

  • 315K Jobs Added in August, Unemployment Rate Ticks Up to 3.7% – the number may foreshadow some slowing of the job market and will be closely scrutinized by the Federal Reserve

United States Rig Count

  • Up (1) from last week for a total of 765
  • Up 44.8% from one year ago
  • Statistics courtesy of Baker Hughes


Content UpdatesNews PulsePodcast

  • If you live in America, chances are you have noticed a rising cost of goods and energy. While an energy crisis does grip most of the world right now, the context is different for every county. The United States is a special case in the global community as it contains an absurd amount of hydrocarbon resources, though it refuses to produce them in a time of record-high gasoline prices. This Periodical will do its best to highlight just why we are struggling with high energy prices in a way that anyone can understand. 

  • Grab a drink and join us for our newest segment, Thirsty Thursday: An Inventory Report to see if we’ve been poured another tall glass of crude and whether or not the U.S. was thirsty enough to suck down another round. 

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