TTE: profit more than doubles on high oil and gas prices. Link here.
Beyond Meat: McDonald's ends trial in Canada. Old story but had not previously posted. Beyond Meat down another 4% at open.
Ford: huge earnings report. Will raise dividend from 10 cents to 15 cents. Speaks volumes on company's cash flow, and expectations going forward. GM does not pay a dividend.
Dow: opens up 86 points. All indices green?
WTI: $98.98.
Natural gas: $8.606.
VOD: comes out of Saudi Arabia today -- link here.
Oil, supply, demand: everyone is on same page of music: CVX, TTE, and Shell. Link here.
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Back to the Shale Revolution
How about those rigs? Rig counts, Y charts:
How about that production?
- New Mexico: 1.5 million bopd, link here.
- North Dakota: 1.1 million bopd.
- Texas: 5.0 million bopd, link here.
Gasoline demand, link here:
- the overall chart improves slightly, but,
- the data going forward looks really, really good
Natural gas fill rate, link here:
- I don't think it will happen, but it certainly appears working gas in underground storage could drop below the five-year minimum.
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