Blizzard To Hit Northeast -- March 13, 2017

Iso Express: over $150/MWH earlier this morning; now about $110.

Active rigs:

	3/13/2017	03/13/2016	03/13/2015	03/13/2014	03/13/2013
Active Rigs	45	32	112	191	186

RBN Energy: US crude oil prices, inventories, and the supply/demand balance.

The latest sharp drop in crude oil prices, which was blamed in part on unexpected gains in already record-high U.S. inventories, is a stark reminder of the importance of understanding and routinely calculating estimates of the oil supply/demand balance. Only by keeping up with the ever-changing relationship between crude availability and crude consumption—and by anticipating shifts in that relationship—can oil traders and others whose daily success or failure depends on crude pricing trends make informed decisions. Today we begin a blog series on the modeling of U.S. crude oil supply and demand, and the sourcing of input data.

Scott Adams: previously posted, could cognitive scientists eliminate ISIS?