October, 2016, North Dakota Crude Oil Production Data Now Posted; Killing Pipelines Good News For Buffett -- CBR Increased -- December 14, 2016

The media "turn" on Obama / Clinton: anyone paying attention cannot possibly miss the huge 180-degree "turn" on Obama / Clinton. MSNBC "Morning Joe" sounds like a responsible Fox News morning talk show. If one needs additional proof, read this article in Vanity Fair, another huge fan of Hillary. Had Hillary won, Huma would have been elevated to an even higher level than the one she held before the election.

Later, 7:47 p.m. Central Time: picture of loneliness -- Huma. From The Week:

Huma Abedin has found herself at the center of a blame game over who lost Hillary Clinton the election, Vanity Fair reports. "[Abedin] was enjoying the red carpet and enjoying the photo spreads much too much in my opinion," one campaign insider reflected.

"She enjoyed being a celebrity too much."

Abedin has spent most of her life as one of Clinton's closest aides and was largely blamed after new Clinton emails were discovered on her estranged husband Anthony Weiner's computer, prompting a fateful letter to Congress from FBI Director James Comey in late October.

But Abedin is also being blamed by Clinton insiders for "reinforc[ing] all the bad habits" throughout the campaign. "Where in most presidential campaigns the circle grows broader and broader, [Clinton's] grew smaller and smaller," one insider source explained to Vanity Fair. 

Russian hacking:  I am absolutely amazed. The liberal press is laying the blame for the Russian hacking exactly where it needs to be laid.

 

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Back To The Bakken

Director's Cut: October, 2016, data:

• Oil production:
• October, 2016: 1,043,207 bopd (an increase of 7.3% month-over-month)
• September, 2016: 971,760 bopd
• DUCs: 860, unchanged
• Inactive well count: 1,500, unchanged (AB and IA wells)
• Natural gas production: set a record -- averaging 1.7 billion cubic feet/day (~ 300K boepd)
• Flaring, capture:
• Statewide: 85%
• Federal, the reservation: 77% 
• the statewide flaring increased from 11.4% to 14.6% in October

The Bismarck Tribune story on the most recent data.

CBR:

An estimated 400,00 barrels per day was transported by rail in October, an increase from recent months but about half the amount that traveled by rail during peak months in 2014.

Some of the increase to oil from Canada that was transported on the state’s rail system in October. 

Overall, 35 percent of oil was transported by rail in October and 55 percent was transported by pipeline.

Rig count: could be near 50 next summer.

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Active rigs:

	12/14/2016	12/14/2015	12/14/2014	12/14/2013	12/14/2012
Active Rigs	40	64	181	191	183

RBN Energy: update on Oklahoma earthquakes; risks to Cushing oil hub.