How this week will be remembered: the White House tweet that the Fourth of July BBQ (without steak) will cost the average American 16 cents less than last summer). And the White House spokesperson doubled down on that -- defending it and defending it with a straight face. So, how this week will be remembered: Sixteen cents, thanks Biden.
Top story of the week:
- Joe Biden is still president.
- Kamala Harris wearing out her welcome in the Biden administration.
- Fourth of July barbecue less expensive than last year -- White House
Top international non-energy story:
- US pulling "all" ground troops out of Afghanistan
- Saudi Arabia in transition. How much oil can Saudi Arabia really produce?
Top international energy story:
- OPEC in disarray
- Brent hits $76.17
- Johan Sverdrup: best hope for Brent.
- Norway: going "green"? Not really.
Top national non-energy story:
Top national energy story:
- Economic recovery. What economic recovery? Gasoline demand flat for two months.
- Crude oil deficit should worsen -- Goldman Sachs.
- WTI hits $75
- US crude oil in storage down to 28 days
- US Supreme Court gives nod to PennEast pipeline;
- the three most widely followed indices in the US hit all-time records Friday before July 4th
- US ethane exports continue to set records;
- coal in the US is not dead .. not dead by a long shot;
- lots of chatter about DUCs being completed; maybe in the Permian; not so much in the Bakken;
- the dawn of a new era for US shale.
Top North Dakota non-energy story:
Top North Dakota energy story:
- Active rigs in North Dakota jumps to 23; CLR with seven.
- With fifteen operators with active rigs in the Bakken, a "modern" record.
Geoff Simon's top North Dakota energy stories:
Operators:
- COP's ten-year plan.
- MRO: nine wells on a 1280-acre unit.
- WPX: eight wells on a 1280-acre unit under the lake.
- WPX: four wells on an overlapping 640-acre unit.
- Grayson Mill Energy's first case since acquiring Equinor's assets in the Bakken.
- Hess: EN-Joyce wells soon to be reported.
Operations:
Fracking:
Pipelines:
Bakken economy:
Commentary:
Top tweet:
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