Hess Midstream Update Over At SeekingAlpha -- October 10, 2019

Nice update of Hess Midstream over at SeekingAlpha.

A reader sent me the link -- suggesting I connect the dots -- this story and the petrochemical talk in western North Dakota. 

Contributions over at SeekingAlpha often end up behind a paywall. If it's important to you, you may want to archive it.

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Other Notes

Telling it like it is, link here.

Chevron Corp. may be based in California, but Chief Executive Officer Mike Wirth had little praise for the state as he lauded the Texas business environment during an event in Houston on Wednesday.

The Chevron boss hailed Texas’s resource base, its skilled workforce and overall business environment while criticizing policies back in the Golden State in a wide-ranging fireside chat at a gathering organized by the Greater Houston Partnership.

He also committed Chevron to reducing flaring and methane emissions in the Permian Basin and vowed to increase diversity among the company’s senior leaders.

“The policies in California have become pretty restrictive on a lot of business fronts, not just the environment,” Wirth said. “I don’t know there’s a better place in the world for us to do business than” Texas and the Gulf Coast.

One wonders when Chevron will move out of California. Was Chevron/Wirth firing a shot across the bow / telegraphing the company's intentions? One can only hope.

WPX: I normally don't post links to stories like this, but there's a nice update of WPX -- a story line I've discussed before -- at this link. I don't hold shares in WPX but it's a big operator in the Bakken.

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