Week 28: July 7, 2019 -- July 13, 2019

Top international non-energy story:

Top international energy story:

• Price of oil remains flat despite Mideast tensions; tropical storm in the Gulf of Mexico; OPEC cuts;

Top US non-energy story:

• US equity markets hit all-time highs; and, here;

Top US energy story:

• EIA graphic -- US crude oil production surpassed 12 million bopd in April, 2019

Top North Dakota non-energy story:

Top North Dakota energy story:

• ND oil production to surge; waiting for infrastructure to catch up;

Geoff Simon's top North Dakota energy stories:

• Heavy rains raise level of Lake Sakakawea by about eight inches (this does not sound like global-warming induced drought)
• ND gets $10 million in federal airport grants, including Minot ($2 million); Hettinger ($1 million)
• US ranked 54th in flaring intensity
• US surpasses 12 million bopd for first time

Operations:

• Huge jump in production for an old XTO Werre Trust Federal well

Miscellaneous:

• Projecting number of permits to be issued in 2019;

Commentaries:

• Coal
• Petchem projects flood the gulf
• Global electricity generation by fuel  
• Change in method of determining US crude oil inventory
• Permian pipeline buildout