A Simple Twist Of Fate, T+50 -- March 11, 2017

Active rigs:

	3/11/2017	03/11/2016	03/11/2015	03/11/2014	03/11/2013
Active Rigs	45	32	112	192	187

Vicissitude: David Sheppard via Twitter -- OPEC's 100 days of vicissitude -- Brent will end the week below the 100-day moving average for the first time since the November 30 (2016) meeting.

I guess that's what happens when you get caught with your hand in the cookie jar -- OPEC exported more oil in February than in January, after telling us for 60 days that the "cuts were working."

Vicissitude: a change of circumstance or fortune, typically one that is unwelcome or unpleasant. "A twist of fate." Not pleasant.

Previously posted: this is the most recent graphic of Saudi Arabia's foreign exchange reserves:

A simple twist of fate. Another Bob Dylan song.

A Simple Twist of Fate, Jerry Garcia
I first heard this song sung by Joan Baez. It all makes sense. Now.

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By Monday?

Oil could start flowing through the DAPL on Monday, March 13, 2017. Nah....I would wait until at least the 14th. Starting something on the 13th is asking for trouble. Especially when it comes to violating Native American religious rites.

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I have responsibility for Sophia ALL day today so blogging could be greatly impacted.