Thursday, January 11, 2018

Off The Net For Awhile -- It Will Take Awhile To Digest The Market Action Today -- Need To Take A Break -- January 11, 2018

In addition to market action affecting my psyche (positive), north Texas is about to get hit with a huge winter storm, not sure how big it will be, but with a lot of driving tonight taking granddaughters to various venues, need to get away from the blog. I simply can't handle all this.

Good luck to all. With a 3-day weekend coming up, I'm looking forward to:
  • futures tonight; and,
  • Dow close tomorrow
I'll post the NDIC daily activity report but that's it for awhile.

Fiat Chrysler: now we get this, just reported on CNBC -- will add a heavy truck manufacturing plant in Michigan; will move a Ram Heavy Duty truck manufacturing plant from Mexico to Michigan; $2,000 to every employee; will invest more than $1 billion in Michigan plant; will add 2,500 new jobs in Michigan -- all because of the Trump tax bill. NAFTA? Dead. Fiat's suppliers in Mexico will move to Michigan in a New York minute.

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Active rigs:

$63.551/11/201801/11/201701/11/201601/11/201501/11/2014
Active Rigs543655167192

No new permits.

Two producing wells (DUCs) reported as completed:
  • 32781, 1,067, CLR, Bridger 11-14H1, Rattlesnake Point, t12/17; cum -- (Bridger wells are tracked here)
  • 32904, 897, BR, Lovaas 6-8-12 MBH, Blue Buttes, t11/17; cum --

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