Week 14: April 3, 2022 -- April 9, 2022

Top story of the week:

• Joe Biden is still president.
• Putin's war enters its sixth week.
• Premium oil development acreage continues to expand in North Dakota.  
• Tiger Woods back at the Masters.
  

Top international non-energy story:

• China's lock downs.
• Germany's automobile manufacturing slows, stops.
• Saudi Arabia's foreign exchange reserves continue steep slide. And here, along with other metrics.
  

Top international energy story:

• Europe's urgent need for natural gas.
• All indications: Russia's economy will implode by summer, 2022.

Top national non-energy story:

• Judge re-instates Covid vaccine for federal employees.
• ATT - Warner Bros Discovery -- merger-spin-off complete.
• Covid 19 all but over in the US.
• Egg prices soar on back of avian flu.
• Tesla: 1Q22 deliveries.

Top national energy story:

• Gasoline demand more elastic than most thought?
• WTI drops below $100 during Congressional hearings.
• Week 0: Biden Surge
• Futures, after the Biden Surge announcement.
• Immediate price changes after the Biden Surge announcement.
• After the Bide Surge announcement, US oil in storage drops to recent low: 26.1 days.
• Biden Surge: metrics tracked here.
• SPR: the graph.

Top North Dakota non-energy story:

Top North Dakota energy story:

• Active rigs trending toward 40.

Geoff Simon's top North Dakota energy stories:

• Quick connects. 

Operations:

• How the new Whiting Littlefield wells will impact the older Lacey wells in the Sanish oil field.
  

Operators:

Wells:

• A CLR State Weydahl well goes over 500K bbls crude oil cumulative.
• CLR Federal Jorgenson: off line for two years; coming back on line.
• The XTO Darlean wells have been completed.
• WPX Lion wells are now reporting 500K bbls crude oil cumulative.
• CLR's Harrisburg wells starting to report.
• Hess BB-State wells being to report; halo effect noted.
• The Enerplus Winter Fur pad starting to report.
•  MRO's Little Owl pad is starting to report.

Fracking:

• Benefit of ceramic?
• US shale operators unable / unwilling to increase rate of fracking.

Natural gas:

• Fill rate reverses?
• New England's natural gas price differential is insane.
• LNG export terminals: update.

Pipelines:

Bakken economy:

• Exxon looking for windfall profits tax like never seen before.

Commentary:

• Fitzsimmons on US shale, myths, and EOG. The numbers.
• Ethane: the forgotten condensate.
• Energy transition is dead; more corroboration.
• Why are automobile EV manufacturers partnering?
• The US wants more Canadian crude oil, but not via pipelines.
• The EU is in deep trouble.
• New wind turbines destined to fail sooner.
• The SPR release: commentary.
• Cell phones associated with a decrease in brain cancer.