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Saturday, June 4, 2022

Rigs Don't Matter -- June 4, 2022

Rigs don't matter -- don't take that out of context.

Link here

This is an incredibly interesting graphic -- but it's subtle and my arrows are only part of the story. The rest of the graphic is so subtle in what it says I cannot explain it using written words. I may have to do a video to point out what I'm seeing. 

In addition, the graph shows another interesting phenomenon regarding the Permian (which, by the way, also applies to the Bakken, of course). Again, too hard to explain without a video. Maybe later. 

The original graph:

The graph with overlying black arrows:

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