This week's edition of "Focus on Fracking" has been posted, the lede:
... a record low for drilling of new wells and completions of drilled wells in July, but active rigs jumped by ten this week...
July's well completions were down 80% from July one year ago, hitting a record low. New wells drilled also hit a record low, but rigs were up by ten this week.
Distillate imports? At a 60-week low.
As usual, so much in "Focus on Fracking," but clearly one of the huge stories is the distillate story.