Thursday, May 12, 2016

Remember: Director's Cut is scheduled to be released today at 2:00 p.m. Central Time, which I guess is 7:00 p.m.  GMT.

Active rigs:

	5/12/2016	05/12/2015	05/12/2014	05/12/2013	05/12/2012
Active Rigs	26	85	193	185	209

RBN Energy: the headline in yesterday's WSJ on ETE and WMB. Today, a "spotlight" report on Energy Transfer Partners. This post will definitely "disappear" over time; recommend archiving.

Global oil glut to shrink despite Iranian output surge -- WSJ; global stocks will fall 200,000 bopd in the last six months of 2016.