DAPL weather: no travel advised in several counties; Bismarck and Mandan schools closed. Many schools across western North Dakota closed or delayed openings. Bismarck is north of Standing Rock Reservations. No travel is advised across several western counties including Mountrail County. It seems the area around Minot and Bismarck are the worst hit. Conditions have worsened:
Yesterday, it was reported that ND Highway 1806 into the reservation was still blocked/closed; ND Highway 6 was suggested as the alternate. Today, ND Highway 6 is in worse condition with scattered ice. Yellow in the map above: ice and compacted snow.
For newbies: this is NOT what the protest camp looks like today -- maybe The New York Times will send a photo-journalist out to the camp and get a current photo:
6:00 a.m. surprise: after reading about disarray in OPEC over upcoming meeting; and, the downward trend in the price oil, I would have thought Dow 30 futures to be trending down. In fact, Dow 30 futures went from negative three to positive five during the night and now up 22 points in futures.
6:42 a.m. surprise: doesn't even make MSNBC "Morning Joe" news or Drudge report, and not the first story over in Los Angeles Times: 70 killed when plane carrying Brazilian soccer team crashes. May have run out of fuel.
World Chess Championship: at end of 12 matches, it ends in a tie. Now, we begin with the tie-breakers on Wednesday: rapid games and the blitz.
Costlier sand: shale rebound starts with costlier grains of sand.
- sand prices have rise roughly 25% to about $24/ton -- first sign that turnaround has begun
- spending by drillers in the lower 48 states are not forecast to be $1 billion higher than analysts expected in the final three months of 2016; now up to $13-- second sign that turnaround has begun
- best rigs: lease rates are up as much as $5,000 / day -- third sign that turnaround has begun
- sand volume: 120 million tons of sand through 2018, for both oil and gas wells; up from a previous forecast of 95 million tons
- service companies may increase prices by 10% / year through 2021
President Obama ceded the Arctic to others. Norway and Russia step up cooperation in Arctic hunt for oil.
- will share new seismic data from the Arctic Barents Sea border region
- will hold discussions on how to split potential future discoveries that straddle the border
- these are being called the Arctic Unitisation Talks -- Norway and Russia
- as part of its global $30 billion asset disposal program
- seeking to slim down after its $54 billion acquisition of BG group earlier this year (this deal transformed Shell into the world's top LNG trrader)
- with slump in oil prices, Shell wants to concentrate on LNG and deepwater oil production in Brazil and the Gulf of Mexico
RBN Energy: Texas is flipping from a net producer to a net demand region. What?