The Opener, T+19, February 8, 2017; Legacy Fund Adds $31 Million In New Deposits

Active rigs:

	2/8/2017	02/08/2016	02/08/2015	02/08/2014	02/08/2013
Active Rigs	40	42	136	192	185

RBN Energy: the road to New England.

Scott Adams: introducing the "Chaos Drinking Game."

Top story today: DAPL easement to be issued by US governments? Court injunction to follow? If so, most likely from Federal judge in Washington State.

Biggest story of the week? This may be something to watch -- huge implication for US shale. From Reuters via Rigzone:

BP is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its Chief Executive Officer Bob Dudley said on Tuesday.

Biggest story of the month? Year?  From Bloomberg:

• Iran: in principle, OPEC needs to pare output in second half; remember, the current agreement comes to an end mid-year
• Qatar: producers' compliance with supply cuts has been good
• the graph at this post tells me all I need to know

ND Legacy Fund. Through January, 2017, total deposits were $3,766,986,998. Deposits, not net assets. Previously, one month earlier: $3,736,151,063. New deposits: just under $31 million in one month. Net assets as of August 31, 2016: $4.01 billion.