Friday, May 11, 2018 -- After A Busy, Busy Week, Friday Starting Off A Bit Slowly

NY Times op-ed: I had no idea where this op-ed was headed, but I certainly did not expect this:

The first piece of evidence is North Korea. When Trump was trading crude, back-alley swipes with “Little Rocket Man,” Kim Jong-un, about whose nuclear button was bigger, it sounded as if we were heading for a nuclear holocaust led by a pair of overgrown prepubescents.

In fact, Trump’s bellicosity seems to have worked. It’s impossible to know how things will pan out, but the situation with North Korea today is a lot better than it was six months ago. Hostages are being released, talks are being held. There seems to be a chance for progress unfelt in years.

Maybe Trump intuited something about the sorts of people who run the North Korean regime that others missed.

Comment: well, duh.

Comment: "bellicosity" or "persuasion"? LOL.

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Back to the Bakken

Active rigs:

$71.23→	5/11/2018	05/11/2017	05/11/2016	05/11/2015	05/11/2014
Active Rigs	60	51	27	85	192

RBN Energy: E&P's return to profitability in 2017 tied largely to post-crash discipline and focus.