Thursday Morning News And Links

Active rigs: 184 (steady, reversed recent downward trend)

RBN Energy: Condensate markets east of the Suez Canal, part II. 

Jobs Report

Reuters is reporting: "unemployment benefits applications rise unexpectedly BUT still within 2013 range." Okay.  Talk about beating a dead horse. Up 10,000.  Up to 354,000. Last week's numbers were revised UPWARD. No surprise. Four-week moving average edged up to 347,250.

Original GPD estimates for 1Q13 were revised downward to 2.1%.

WSJ Links

Section D (Personal Journal):

• FAA targets certain flights to be delayed to manage overall system. Incredible.

Section C (Money & Investing):

• KKR lands Petraeus.
• Banks see record profits.

Section B (Marketplace):

• Bankruptcy court says Patriot Coal can scrap union contracts.
• Everyone cutting their internet service -- wi-fi everywhere.
• Two Flying J Truck Stop employees in plea deals.

Section A:

• New tack in preventing hospital infections: hand-washing.
• Op-Ed: just a reminder. Senator Durbin wants to look into silencing bloggers and tweeters.

No links, but one trend: both GE and Berkshire Hathaway continue to expand their holdings in fossil fuel entities.