The Market, Energy, And Political Page, Day 0 -- November 6, 2018 -- Kennedys Flying To Colorado To Show Their Grandchildren What Snow Looks Like

Weather forecast: early winter and lots of snow forecast for the US. Colorado skiing opens tomorrow -- apparently the earliest opening ever for some.

Breckenridge and Keystone ski areas pushed up Friday’s 2018 openings to tomorrow, Wednesday, November 7, 2018, marking the first time in 10 years that the two have opened early, according to a release out Monday

Eldora will also be running its first lifts Wednesday, nine days ahead of schedule, and its earliest opening in more than two decades. The Nederland ski area will be the first Ikon Pass resort to open. Meanwhile, Ski Cooper moved up its opening to November 23, 2018.

Seriously, could we go from $60 to $100 in less than 60 days? Bloomberg thinks it is possible. 

Oil prices are likely to be “biased to the upside” for the rest of the year as demand from refineries rises in November and December, according to Citigroup Inc.

An average price of $80 a barrel for this quarter is “realistic,” with spikes to $90 or even $100 possible if further disruptions worsen a supply crunch amid rising consumption, Citi’s Global Head of Commodities Research Ed Morse said Tuesday. Benchmark Brent crude topped $85 early last month on concern U.S. sanctions on Iran would create a shortage. Prices have since dropped back.

Oil majors see roaring profits, 3Q18 -- Rigzone --

• share prices may be down now, but think "seed corn" especially in the Bakken, Eagle Ford, and Permian
• it's all about the cash
• huge share repurchase program
• saving for a rainy day
• debt still an issue
• crisis of confidence among investors

Voyager pipeline: would link Cushing to Houston, possibly Corpus -- Rigzone -- 

• Magellan Midstream Partners; Navigator Energy Services
• operator: new entity called "Magellan Navigator"
• initial capacity 250,000 bopd
• 500 miles of new 20-inch diameter pipe
• Cushing, East Houston
• at Cushing, pipeline would link to Rockies and the Bakken via the MP-operated Saddlehorn pipeline
• at Cushing pipeline would linke to Mid-Continental basins by way of Navigator's Glass Mountain pipeline
• also considering new export terminal at Corpus that could hand VLCCs

Permian bottlenecks to be gone by end of 2019 -- Halliburton -- Bloomberg --

• we've been saying this all along -- the problem is temporary and a nice problem to have

Sandridge back in the news -- Rigzone --

• sells Permian assets
• buys Mid-Con assets
• SandRidge Energy: Oklahoma-based
• 13.1 million shares of the SandRidge Permian Trust to an unaffiliated party for $14.5 million
• purchased assets int eh Mississippi Lime and NW STACK areas of Oklahoma and Kansas for $25.1 million
• acreage not disclosed in this article