Week 12: March 21, 2021 -- March 27, 2021

Top story of the week:

Top international non-energy story:

• Coming out of the pandemic, global economy surging;
• Huge container ship runs aground; completely blocks the Suez Canal;

Top international energy story:

• WTI plunges as European nations extend lockdowns;
• Record: Russian crude oil imported into US;
• Don't underestimate the Bakken; same link: OPEC's biggest fear is becoming a reality;
• Saudi Aramco reports full year results;

Top national non-energy story:

• CBR on steroids -- the Canadian Pacific acquires Kansas City Southern;

Top national energy story:

• Fossil fuel is dead; long live fossil fuel;
• Huge jump in gasoline demand; and, here; and, here;

Top North Dakota non-energy story:

Top North Dakota energy story:

• Legacy Fund deposits: fourth straight month of increasing deposits;

Geoff Simon's Top North Dakota energy stories:

• Quick connect
• ND Senate soundly defeats plan to raise gasoline tax by three cents

Operators:

• CLR with big cases for April, 2021, NDIC hearing dockets;
• CLR with permits for seven Plano FIU wells;
• MRO with record IPs;

Operations:

• A spectacular MRO Three Forks second bench well;

Wells:

• The Betty Shobe well -- showing some life;
• A Whiting Scanlan well with 10-fold jump in production;

Fracking:

Pipelines:

Bakken economy:

Commentary:

• Daughter wells not as good as parent wells? Oh, give me a break!