Tea leaves in Kuwait: production will increase -- and will increase significantly -- in the out years.
Tea leaves in Saudi Arabia: Saudi Aramco will "lift" oil-trading volume to six million bopd, currently trading about 3.5 million bopd. Prince Salman is leading the change in Mideast strategy as the region continues to produce less oil Compare with:
- Vitol, the largest independent trader: 7 million bopd (previously mentioned on the blog)
- Shell: 12 million bopd (a publicly traded company)
- BP: 8 million bopd (a publicly traded company)
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Back To The Bakken
Where Fracking Is Always In Fashion
Active rigs:
$68.91↑↑ | 4/24/2018 | 04/24/2017 | 04/24/2016 | 04/24/2015 | 04/24/2014 |
---|---|---|---|---|---|
Active Rigs | 62 | 48 | 29 | 84 | 185 |
RBN Energy: Oklahoma -- processing plants, pipelines planned to keep pace with gas growth, part 2. Earthquakes in Oklahoma? That story is dead. Really, really dead. Apparently.
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