Wednesday, March 4, 2015

115 This Morning, Now 114 -- March 4, 2015

Active rigs in North Dakota:


3/4/201503/04/201403/04/201303/04/201203/04/2011
Active Rigs114190183207172

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Crude Stock Increases
More than Twice Levels Forecast

Reuters is reporting:
Oil prices fell on Wednesday after U.S. crude stock builds were more than twice levels forecast, although prices held off recent lows after Saudi Arabia's oil minister said he expected prices to recover soon from the selloff of recent months. U.S. crude stocks jumped by 10.3 million barrels last week, the government said, versus a Reuters poll calling for a build of just 4 million barrels. While the Cushing, Oklahoma hub for U.S. crude saw less supply than expected, it was still the eighth straight week of builds and record highs for total inventories. 
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Chillin'.


She can creep / crawl anywhere she wants; she chose this spot.

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