Making America Greater Than Ever Before, T+15; February 4, 2017

Active rigs;

	2/4/2017	02/04/2016	02/04/2015	02/04/2014	02/04/2013
Active Rigs	40	44	140	190	184

Scott Adams: Berkeley and Hitler.

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Making America greater than ever before: US transparency reversal stings Canadian, European oil firms. From Rigzone:

• Senate, Friday: passed a resolution to overturn the "resource extraction rule," an Obama administration regulation that required companies to disclose taxes and other payments to foreign governments
• President Trump expected to soon sign the resolution killing the rule
• the rule was among a handful of regulations ushered in during the final months of Obama's presidency
• overturning the regulation leaves the Canadian and European natural resource companies with far more stringent reporting standards for payments to foreign governments than US behemoths like Exxon Mobil and Chevron
• could provide American companies a glimpse of their rivals' negotiating tactics around the globe, without having to tip their hands in return

Much more at the link.

So much could be said; there are so many story lines here; just best to move on. But again, President Trump working at making American greater than ever before.

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FERC's Last Acts

From Rigzone: FERC approves construction of Energy Transfer Partners LP's Rover natural gas pipeline from Pennsylvania to Ontario.

• 3.25 billion cfpd project
• $4.2 billion project 
• to come on line 2Q17

Again, much more at the link. Making American greater than ever before.

By the way, there was another pipeline along the southern border approved; if I find the story again, I will post it. Yes, here it is, over at Twitter:

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Russia May Speed Up Production Cuts

From Reuters via Rigzone:

• in January, Russia cut by 100,000 bopd
• plans to deepen the reduction to 300,000 bopd by the end of April