Breaking: Devon is coming to North Dakota. Lynn Helms said this back in 2011 and the blog caught it! Whoo-hoo!
WTI: up almost 3%; up $3.19; trading at $122.60; as high as $123 earlier today.
- Trafigura, Goldman, and JP Morgan all think oil is going to $150 - $170 this year.
- JPM says it could reach even higher, $175.
XOM: shares hit a record high.
Active rigs in North Dakota: 40 or thereabouts.
New permits, pending.
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