For me, the most important post of the past week may have been this one.
Internationally, Saudi cash reserves continue to dwindle. For the archives: despite OPEC / non-OPEC cuts (wink, wink) US crude oil inventories unexpectedly increase.
Nationally, this was the most important story -- at least for American drivers: the average nationwide gasoline price is now at the lowest for this point of the year since 2005. For a nation of non-EV drivers, I just can't imagine a more incredible turnaround -- since 2005. That was before Barack Obama was President Obama. Wow.
The most interesting story in the Bakken might have been posted today. Kraken Operating reported three incredible DUCs -- leases/permits the company bought from CLR, and I think these are better wells than what CLR was getting. This is a good area in the Bakken but not seen as one of the best areas and yet the IPs were incredible.
Operations
XTO reports an incredible well after being shut in for a few months
Fracking
Random update of an MRO re-frack
Huge jump in production after neighboring well fracked
Five high-intensity fracks announced over weekend
Bakken 2.0
Ten new permits; sixteen permits renewed; twenty-one wells approved for "tight hole" status
North Dakota oil industry shows signs of a rebound
Bakken economy
Williston's new airport keeps moving along
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