Week 4: January 22, 2023 -- January 28, 2023

The single best story:

• Economy and Wall Street doing much better than expected.
  

Top story:

• Joe Biden is still president; 
• "everyone" in Washington, DC, has classified documents at their home or in their garage;
  

Top international non-energy story:

• Russian-Ukraine war continues
• allies agree to send "modern" tanks -- Germany was last hold-out; Leopards and Abrams.
• extended sanctions on Russia about to take effect: diesel. 
  
• Egypt: currency crisis; some say inflation has hit 101%.
  

Top international energy story: 

• Europe doing a lot better than expected; but expensive.
  

Top national non-energy story:

• Microsoft adds to its huge investment in AI; ChatGPT;
  
• Intel implodes.
• AMEX has huge quarter.
  
• "The Fed" still remains the story; "everyone" says recession; some say we are already in a recession
• pending housing sales surge;
• oil company profits surge, 4Q22;
• demand for semi-trucks surging;
• the death of globalization;
• Port of New York shatters trade record.
• Amazon pharmacy open for business.
  

Top national energy story: 

• CVX: record profits; $75 billion share buyback; increases dividend
• gasoline demand continues to deteriorate;
• natural gas drops below $3;
• Hess to increase CAPEX by nearly 40% next year;
  

Javier Blas:

• the widening crack spread.
  

Focus on fracking: most recent edition.

Top North Dakota non-energy story:

• Dickinson firm gets deal to build another segment of "the wall" along Texas southern border;
  

Top North Dakota energy story:

• Hess to put ten wells on one mega-pad.  
• Petro-Hunt with eight new overlapping 1920-acre units in Little Knife.
• the amazing Bakken; it's all about TOC; technology will catch up; 
• Bakken operators: moving to three-mile laterals; Tier 2, Tier 3;
  

Geoff Simon's top North Dakota energy stories:

• Quick connects. 

Bakken economy:

Commentary:

Entertainment: 

• Dallas Cowboys don't get past first round.