Week 22: May 26, 2019 -- June 1, 2019

Of note:

• Hearing dockets for June, 2019, posted.
• Morris Adelman on peak oil.
• Volatility of oil prices.
• Drilling deeper? The Jurassic is in play.
• Newly added shale plays -- EIA.
• Breakeven prices -- what it means for shale.

Top  international non-energy story: Pemex to get even more tax breaks;

Top international energy story: WTI plummets; trades below $54

Top national non-energy story: Wall Street and Main Street diverge.

Top national energy story  Supreme Court won't hear pipeline eminent domain case;

Top ND non-energy story:

Top ND energy story:  

• North Dakota electricity demand could almost double by 2040;
• Record IP reported by Hess;
• MRO denied;

Top ND energy stories, Geoff Simon

• Land Board okays grant for Williston School
• Williams County receives grant for road improvement
• NDIC approves slurry disposal wells
• Oil industry growth will boost electricity demand
• McKenzie County well breaks nation’s IP record -- McKenzie County Farmer 
• KLJ contracted for survey of North Dakota's Missouri River mineral acres -- Bismarck Tribune 
• Affordable housing dampening potential in western ND -- Williston Herald
• Smoke and haze troubling for Minot region, source is Alberta wildfires -- Minot Daily News 
• Wheels already in motion on Theodore Roosevelt presidential library -- Fargo Forum
• Hitting the open road, vehicle usage at all-time high and travel volume increases -- IER 
• Hundreds of construction projects on North Dakota roads this summer -- Fargo Forum  

Operations

• Unexplained jump in production, Petro-Hunt well in Charlson oil field;

CBR: 

• RBN looks at Washington State law banning Bakken CBR oil;

Bakken 101

• HGL -- hydrocarbon gas liquids
• Commentary: short cycle vs high impact;

Bakken economy

• Dickinson firm builds section of southern wall;  
• Legacy Fund: annual report;
• Legacy Fund deposits, May, 2019;