Locator: 44979B.
Market: "mixed" as they say, after a three-day weekend
- Dow: down 175 points at the open; down one-half of a percent
- NASDAQ: up 2 points at the open
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Back to the Bakken
WTI: $70.45, down almost 2%.
Tuesday, June 20, 2023: 36 for the month; 144 for the quarter, 399 for the year
None.
Monday, June 19, 2023: 36 for the month; 144 for the quarter, 399 for the year
None.
Sunday, June 18, 2023: 36 for the month; 144 for the quarter, 399 for the year
39398, conf, Kraken, Wiseman 31-36-35-34 4H,
39303, conf, CLR, Meadowlark FIU 8-6H,
38633, conf, SOGC (Sinclair), Grasslands Federal 14-15-2H,
Consider this fact: Three of every five barrels of crude oil produced in the U.S. are exported, either as crude oil or in the form of gasoline, diesel, jet fuel or other petroleum products. Sure, large volumes of crude and products are still being imported, but the net import number is dwindling toward zero — and if you count NGLs (ethane, propane, etc.) in the liquid fuels balance, the U.S. has been a net exporter since 2020. Yes, folks, exports are now calling the shots, and the role of exports is only going to become larger over the next few years.
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