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Friday, September 8, 2017

Active Rigs Trending Down -- September 8, 2017

Active rigs:

$48.969/8/201709/08/201609/08/201509/08/201409/08/2013
Active Rigs543773196184

RBN Energy: Hurricane Harvey's impact on the NGL sector.

Quick, without looking, who's the "ranking member" of the House Committee on Financial Services? Hint: nah, that would make it too easy.

Superior thinking. Minnesota gets bragging rights (low CO2 emissions); neighboring states get revenue, jobs. What's not to like? Everyone's happy. Minnesota Power to build $700 million, 550-MW natural gas plant five miles across the state line in Wisconsin. On the expensive side at $1.3 million / MW. Assuming everything goes as planned (and it won't) the energy center will be located near an Enbridge terminal oil tank farm. The new natural gas plant serving Minnesota will be built in/near Superior, WI:



EIA's weekly energy charts: link here. The bureaucrats move into the 21st century -- EIA has its own Flickr page.

Fossil fuel: room to run --


Free money? Source.


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