Sunday, August 23, 2020

"Focus On Fracking" Has Been Posted -- August 23, 2020

This week's edition of "Focus on Fracking" has been posted, the lede:

... a record low for drilling of new wells and completions of drilled wells in July, but active rigs jumped by ten this week...

July's well completions were down 80% from July one year ago, hitting a record low. New wells drilled also hit a record low, but rigs were up by ten this week.

Distillate imports? At a 60-week low. 

As usual, so much in "Focus on Fracking," but clearly one of the huge stories is the distillate story.

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