I opined a week or so ago that production targets will be missed this last calendar quarter due to the December snow storm. (Here's the link.)
But this is all one needs to know. Oil is at a two-year high ($91/bbl) and the number of active rigs in North Dakota has plummeted from a high of 166 a week or so ago to 156 today.
Just saying.
Could be a buying opportunity when earnings reports come out.
