Chariots on fire: yes, that huge ship at sea that's on fire -- transporting EVs from Europe -- Porsches and Bentleys.
Frackers on fire: pushing into "once-dead" shale as oil nears $100 / bbl. WSJ.
Saudi Aramco on fire: shares trading like a tech company. Up 5% today to an all-time high. In one day, market cap has increased by $100 billion; market cap at a record $2.13 trillion.
US housing market on fire: Whoa that was fast. Housing units under construction are higher than May '06 and any time since '73. Population adjusted today ~matches 2006, right before the housing bust. 30-year mortgage rates are 4% v 2.625% in Sept.
U-Haul on fire: with significantly higher energy costs in New England, north Atlantic, and west coast states, expect to see a lot of articles on U-Haul / United Van Line moves to US Gulf coast. Energy demand less and costs less. There's a reason folks move to Arizona. It's a dry heat.
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Back to the Bakken
Active rigs:
| $91.52 | 2/21/2022 | 02/21/2021 | 02/21/2020 | 02/21/2019 | 02/21/2018 |
|---|---|---|---|---|---|
| Active Rigs | 33 | 15 | 54 | 66 | 55 |
Tuesday, February 22, 2022: 43 for the month, 98 for the quarter, 98 for the year
- 38149, conf, CLR, Flint Chips FIU 14-5H,
- 38062, conf, Hess, GO-Soine A-156-97-2932h_3,
- 37781, conf, Hess, EN-Rice_A-155-94-0310H-6,
Monday, February 21, 2022: 40 for the month, 95 for the quarter, 95 for the year
- 38148, conf, CLR, Flint Chips FIU 13-5H1,
Sunday, February 20, 2022: 39 for the month, 94 for the quarter, 94 for the year
- 38147, conf, CLR, Flint Chips FIU 12-5H,
- 37798, conf, Koda Resources, Stout 342-3BH,
- 37797, conf, Koda Resources, Stout 3410-2BH,
Saturday, February 19, 2022: 36 for the month, 91 for the quarter, 91 for the year
- 34062, conf, Enerplus, Recluse 149-92-32C-29H-TF1,
RBN Energy: energy transition slams into energy reality -- school of energy, spring. 2022.
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