Tuesday, July 12, 2022

No Wells Coming Off Confidential List Through The Rest Of The Week -- July 12, 2022

 GOEV soars: on Walmart order. Share price could double today.

Dollar: kinda strong.

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Back to the Bakken

Far Side: link here.

WTI: will test $99.00 today. 

Active rigs: 45 or thereabouts.

Yes, the North Dakota January was this bad six months ago:

  • Saturday, July 16, 2022: 13 for the month, 13 for the quarter, 352 for the year 
    • None.
  • Friday, July 15, 2022: 13 for the month, 13 for the quarter, 352 for the year 
    • None.
  • Thursday, July 14, 2022: 13 for the month, 13 for the quarter, 352 for the year 
    • None.
  • Wednesday, July 13, 2022: 13 for the month, 13 for the quarter, 352 for the year 
    • None. 

RBN Energy: RBN's new consulting team refined fuels analytics.

Gasoline and diesel prices are skyrocketing. Refineries are running near maximum capacity. The Biden administration is asking refiners to bring more capacity online to relieve refining constraints. And as the economy recovers from the COVID meltdown, it looks set to get worse before it gets better. So the timing could not be better to launch our new team focused on refineries and refined products: RBN Refined Fuel Analytics. We readily admit that this is an advertorial but stick with us, it will be worth it. We’re building out a whole new approach to the understanding of refined fuel markets –– both traditional hydrocarbons and renewable fuels –– from feedstocks through refining processes to final products. In today’s RBN blog, we’ll introduce the who, what and how of this important initiative.

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