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• US petroleum product exports hit a first-half record
  The US exported nearly 6 million barrels per day of petroleum...
  The US exported nearly 6 million barrels per day of petroleum products in the first six months of 2022, a record for first-half-of-year exports and an 11% increase from the same period in 2021, according to the Energy Information Administration. Distillate fuel oil exports rose 19% from the first half of 2021, while propane and motor gasoline exports climbed by 6% and 11%, respectively, the agency reports.
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• Report: US LNG a necessity for Europe
  Liquefied natural gas demand in Europe could surge 150% through...
  Liquefied natural gas demand in Europe could surge 150% through 2040 if Russia doesn't resume natural gas flows to the continent via the Nord Stream 1 pipeline system, creating an opening for US LNG exporters to step in, according to a Rystad Energy report commissioned by the American Petroleum Institute and the International Association of Oil & Gas Producers. "To harness the power of U.S. LNG, we need smart and consistent policy support here at home, including strengthening domestic pipeline networks and energy export facilities, that will ensure both American consumers and global allies have access to the reliable energy that powers our modern world," said API Vice President of Natural Gas Markets Dustin Meyer.
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• ☕️What Else is Brewing Tuesday Morning
  Amazon is holding a second Prime Day sale October 11–12.
  
  Three men were charged with securities fraud in a scheme that led to a South Jersey deli reaching a valuation of $100 million.
  
  Apple will produce its new iPhone 14 in India, signaling a shift away from overwhelmingly manufacturing the product in China.
  
  James Earl Jones, the voice of Darth Vader, gave permission for future Star Wars releases to use AI technology to recreate his voice.
  
  RIP Pro Bowl: The NFL is canceling its unpopular all-star game and replacing it with a weeklong skills competition and a flag football game.
  
  
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• Anxiety reigns in Britain over the pounded pound
  After the pound crashed to a record low against the dollar, England’s central bank tried to soothe...
  After the pound crashed to a record low against the dollar, England’s central bank tried to soothe investors by saying it would “not hesitate” to continue hiking interest rates to curb inflation. The market chaos stems from a new tax-cutting plan released by the UK government, which critics have called “reckless.” Even US officials are sounding the alarm—the Atlanta Fed President said yesterday that the British plan raises economic uncertainty and the chances of a global recession.
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• Riverstone-backed Montney Shale Producer Plans US Listing in SPAC Deal
  Hammerhead Resources Inc., a Canadian oil and...
  Hammerhead Resources Inc., a Canadian oil and gas producer backed by Riverstone Holdings LLC, plans to list on the NASDAQ by merging with a blank-check company also sponsored by Riverstone, the companies said in a joint release on Sept. 26.
  
  The blank-check company, Decarbonization Plus Acquisition Corp. IV (DRCD), marks the fourth Riverstone-sponsored special purpose acquisition company (SPAC) focused on global decarbonization to transact. Further, the merger agreement with Hammerhead also marks the first oil and gas transaction by the firm’s decarbonization SPAC vehicles.
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