Week 13: March 28, 2021 -- April 3, 2021

Top story of the week:

• Joe Biden is still president
• US economy on a tear; and, here; S&P hits all-time record, goes above 4,000;
• US new jobs report blows through analysts' forecasts (same link);
• Tesla blows through analysts' forecasts;
• Gasoline demand trending toward nine million bbls/day;

Top international non-energy story:

• Saudi Aramco may slash its dividend;
• Saudi's foreign exchange reserves drop again;
• Suez Canal back to normal after container ship re-floated;
  

Top international energy story:

• US thirst for Russian oil hits record high;

Top national non-energy story:

• Automobile sales are surging;
• Covid-19 vaccinations approaching four million jabs/day;
• Biden's Amtrak proposal;
• Texas manufacturing smashes expectations; record-breaking March surge; and, here;

Top national energy story:

• Pioneer Energy acquires DoublePoint Energy in $6.4 billion deal; commentary;
• WTI drops below $60 before recovering;
• Gasoline demand trending toward nine million bbls/day;

Top North Dakota non-energy story:

• Medora's Burning Hills Amphitheater almost lived up to its name;

Top North Dakota energy story:

Geoff Simon's top North Dakota energy stories:

• Quick connects;

Operators:

• Devon announces industry-first variable cash dividend;
• "Damn the torpedoes, full speed ahead" -- CLR;

Operations:

Wells:

• Another huge MRO well in Reunion Bay;
• MRO's Standfest well;

Fracking:

Pipelines:

• MHA supports DAPL;
  

Commentary:

• US crude oil export / import numbers now irrelevant;