The Energy And Market Page, Part 2, T+304 -- November 21, 2017; Two New Permits; Three DUCs Reported As Completed

Market surges, records may be set. NYSE new highs, 217, including: Deere; Diageo; D. R. Horton;

• new lows: 25

WTI: looks like it could be a great day for oil; up almost 1% shortly before the close.

Remember when Chavez was giving away Venezuela oil to Joseph Patrick Kennedy? No more.  Venezuela now asking for free oil to keep its refineries open. Flashback: Mar 10, 2013 - For years, the eldest son of the late Robert F. Kennedy has relied on the Venezuelan strongman to prop up his charity with tens of millions of dollars in donated oil. The steady flow of heating oil allowed the former congressman from Massachusetts to portray himself — and Chavez — as heroes to the poor ... Amid continuing economic turmoil, Venezuela skipped heating oil contributions to an energy assistance program based in Massachusetts for a second consecutive winter, imperiling the popular program. The decision by Venezuela's Citgo Petroleum Corp. to bow out of the program founded by Joseph P.

Net neutrality: not consistent with a populist president; this is the kind of deal that could cost a president a second term

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CBS and the kneelers:

Dish Network Corp. subscribers face a Thanksgiving weekend without CBS shows including football matchups like the NFL's Dallas Cowboys versus Los Angeles Chargers after the network's programming was pulled from the service over a fee dispute.

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Back to the Bakken

Active rigs:

$57.09↑↑	11/21/2017	11/21/2016	11/21/2015	11/21/2014	11/21/2013
Active Rigs	55	38	65	191	184

Two new permits:

• Operator: Windridge
• Field: Short Creek (Burke County)
• Comments: a relatively new operator but we're seeing the company more often in the news

Three producing wells (DUCs) reported as completed:

• 24111, 604, Enerplus, Beaver Creek 149-94-31D-30H-TF, Eagle Nest, t11/17; cum --
• 24113, 695, Enerplus, Zion 148-95-02B-11H, Eagle Nest, t11/17; cum --
• 28790, 848, CLR, Melgaard 2-23H1, Sadler, t11/17; cum --