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Friday, May 28, 2021

Fourteen Percent Increase In US Crude Oil Production, Month-Over-Month, March/February, 2021

Link here.

It just shows how quickly US shale can "turn on a dime," as they say. If WTI moves to $80 we will see similar jumps in production. In the Bakken sixty days from spud to market, and during that sixty days, operators can open the spigots, and and frack the DUCs.

See also the "914's."

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