Happy Independence Day Week! -- July 2, 2018

Blogging: I'm not sure I'm in the mood to blog much today. Too much other stuff to do. Reading, mostly. Relaxing. I asked my executive producer if I could cut back on blogging today. He must still be reading the memo; I haven't heard back. 

Wow, wow, wow! My biggest disappointment this weekend -- missing the Chicagoland NASCAR race yesterday. Even if you don't like NASCAR, watch the last 3 minutes of this race from yesterday: https://www.foxsports.com/nascar/video/1268093507798.

Best thing all weekend: three hours in the pool on Saturday with Sophia; and then four hours in the pool on Sunday with Sophia. 101 degrees yesterday.

Reminder: if you have time for only article on the Bakken this week, this is the one to read. Re-posting. This is the third time I've linked it. Lots of data hidden in that article. Remember this name Renee Jean. 

Saudi's June production at / near all-time high. Link here. Take it with a grain of salt. We'll know more in six months. Saudi always increases production in the summer due to their own increased domestic demand.

Four supertankers stranded: BP has four supertankers with 8 million bbls of crude oil waiting off the coast of China with no buyers. Previously linked. Better story here. 

Strike: another potential curtailment in crude oil production. Union set to strike North Sea production next month. Total. My hunch: they have a month to sort this out.

Activist agenda? No way, Jose. Now that Trump is going to get his second Supreme Court nomination, US senators don't want an activist judge. LOL. Kagan. Sotomayor. RBG. Give me a break.

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Back to the Bakken

One well came off the confidential list over the weekend:

• 33552, 1,063, Liberty Resources, Albertson 158-93-27-34-2TFH, Enget Lake, on jet pump, 26 stages; 9.1million lbs, all large white, t1/18; cum 93K 5/18;

On Friday: only one well reported out, and that was another DUC. 

Active rigs:

$73.71→	7/2/2018	07/02/2017	07/02/2016	07/02/2015	07/02/2014
Active Rigs	67	58	30	75	190

RBN Energy: Mont Belvieu fractionation capacity and assets: ONEOK and GCF, Part 4.