Four Wells Coming Off Confidential List -- WTI Holding -- February 7, 2023

OTTR: increased its dividends by two pennies. Link here.

Outages: Microsoft Outlook, starting last evening; most resolved but still a problem.

BP: back to petroleum; ditches the "Beyond Petroleum" marketing theme. 

US debt ceiling, and presidential deficits: trending on twitter.

Russian deficit: link here.

Apple iPads: the new ones are coming down in price. 

Remember, the new iPads do not support the second generation Pencil. That's a deal-killer for me. The older iPads are just as good and support the the second generation Pencil. 

INTC: prepare for a dividend cut. If not, Intel simply redistributing cash from a government bailout.

EVs: from Reuters this morning.

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Back to the Bakken

Active rigs: 46.

Peter Zeihan newsletter.

WTI: $75.57.

Natural gas: $2.578.

Wednesday, February 8, 2023: 22 for the month; 92 for the quarter, 92 for the year
39020, conf, CLR, Rhonda 6-28H1,
38916, conf, Rampart Energy, Coteau 2,
38466, conf, Crescent Point, CPEUSC Riley Anne 8-36-156N-98W-TFH,
38465, conf, Crescent Point, CPEUSC Riley Anne 9-36-156N-98W-MBH,

Tuesday, February 7, 2023: 18 for the month; 88 for the quarter, 88 for the year
None.

RBN Energy; new White House guidance might have a limited effect on FERC. Alphabet soup.

The National Environmental Policy Act was created to ensure federal agencies consider the environmental impacts of their actions and decisions, but it is the Council on Environmental Quality (CEQ), which serves as the White House’s environmental policy arm, that provides guidance as to how those agencies should evaluate the projects subject to their review. Energy and environmental policy have shifted under President Biden, and interim guidance recently submitted by the CEQ extends efforts to prioritize the administration’s commitment toward lowering greenhouse gas (GHG) emissions. Still, it’s not easy to swiftly change policy, for a variety of reasons. In today’s RBN blog, we look at the CEQ’s interim guidance and why the real-world impact on energy and environmental policy might be hard to quantify for a variety of reasons, at least in the short term.