Top blog story:
Top international non-energy story:
- The coronavirus coming out of China; global reach;
- Brexit -- done;
- Western Canadian municipalities left holding the bag;
- Oil plummeting in price on Chinese coronavirus fears; and, here;
- India about ready to import much more US crude oil;
- US existing home sales near two-year high;
- North Dakota leads all states in tax collection since Great Recession;
- US gasoline inventories at record high; google doofus-in-chief;
- "Rule-of-capture," Pennsylvania;
Top North Dakota energy story:
Geoff Simon's top North Dakota stories:
- Long X bridge replacement continues; winding down for winter; will be open by winter, 2020;
- Trump approves Keystone XL on federal lands in Montana
- South Dakota board approves Keystone XL water permits
- Hearing set for ONEOK natural gas liquids pipeline in Williams County
- PSC not seeking more spill information for proposed DAPL expansion
- Minnesota regulators to consider Line 3's revised environmental review
- Oil production and exports hit historic highs for US
- Watford City new elementary school starting to take shape
- New operator in the Bakken;
- CLR looking to put 24 wells in one drilling unit;
- Hess looking to put 12 wells in one drilling unit;
- January drilling report -- Bakken not slowing down -- EIA;
- MRO reports a huge well in Reunion Bay;
- NDIC reports 21 wells on one day (clearing a backlog, not a fracklog)
Natural gas liquids:
- Outrigger with Texas plans; compare with North Dakota;
- LNG: the big winner after China-US trade deal signed?
Commentary:
- Shale production sees continued year-over-year efficiency improvements -- EIA;
- US energy consumption, 2018 -- EIA
- Top US banks don't want to lead the climate fight;
- UK likely to get colder;
- California Tesla registrations plummet;
- US energy-related CO2 emissions to fall; fossil fuel production to increase;
My annual 2 cents for what North Dakota needs to do to continue to grow the Oil market.
ReplyDelete1. Reduce taxes to match or beat Texas.
2. Plan on filling Keystone, and upgraded Pipelines as the get built.
3. Use the Oil fund at a set percentage to provide sweetheart deals for value added
activities within the oil sector, fertilizer plants, electric flare generation.
4. Reminder, our competition is the other states. Our only major negative is market location, so we need to compete on the other factors and bring market to us when possible.
Have a good day, always enjoy reading what you have.
Thank you for your kinds words. I could not agree more with your comments, especially with point four. There's much that could be said. I'm pretty much resigned to North Dakota to slow, steady progress but nothing huge in the near future.
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