Tax credit extensions and cash refunds for clean energy are current motions under consideration in the US House of Representatives cabinets.

The Worldwide Rig Count for May was 1,262, up 73 from the 1,189 counted in April 2021

Brent fell 35 cents, or 0.5%, to $71.54 a barrel , WTI reversed course to trade at $69.22, down 40 cents or 0.6%.

Today, nuclear energy plays a critical role in the fight against climate change.

S Korea's LNG demand has been on the rise on hopes of a postpandemic economic recovery as well as the shutdown of a few nuclear reactors.

U.S. Rig Count is down 1 from last week to 456 , Canada Rig Count is up 15 from last week to 77.

Brent rose 33 cents, or 0.5%, to $71.64 a barrel , WTI was up 22 cents, or 0.3%, at $69.03.

In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production.

Nuclear has a reliability factor of 80-90% (with many plants above 90%), compared with wind at 30-40% and solar at 10-25%.

"Japanese refiners will buy Iranian crude. Iranian crude is impossible to replace by other grades and are unique,"

U.S. commercial crude oil inventories decreased by 5.1 million barrels from the previous week to 479.3 million barrels.

Brent settled up 93 cents, or 1.3%, to $70.25 a barrel , WTI was up $1.40, or 2.1%, to $67.72.

The new fuel will make nuclear power plants both safer and more cost-efficient.

Brent was up 31 cents/b (0.45%) from the previous settle at $69.03/b, WTI was 37 cents/b (0.56%) higher at $66.69/b.

Overall, nuclear energy is riskier and has a worse environmental impact than wind energy, while wind is enormously less costly.