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Sunday, January 21, 2024

Week 2: January 8, 2024 -- January 14, 2024

Locator46467TOPSTORIES. 

Top, top story:

Top story

  • US, UK lead coalition to take out the Houthi rebels
  • other regional "wars" are in somewhat of a stalemate, status quo

Top international non-energy story:

  • Gaza: Israel shows no sign of letting up, but now no longer front page news
  • Ukraine: not looking good for the home team
Top international energy story:
  • Red Sea events push WTI to $73, but no break-out
  • US producing at record levels
  • Venezuela about to flood the global markets with oil
  • Germany: de-industrializing due to high-priced energy (natural gas and electricity)

Top national non-energy story:

  • US equity markets respond to lacklaster success of Fed to bring down inflation
  • US economy surprisingly strong; consumer surprisingly resilient
  • auto sector: Stellantis showing its EV muscle

Top national energy story:

Focus on fracking: link here.

Top North Dakota non-energy story:

Top North Dakota energy story:

Geoff Simon's  quick connects: link here.

Bakken economy

  • plugging along; active rigs jump to 40
  • still waiting word on future of the DAPL
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