Friday, May 31, 2024

Week 22: May 27, 2024 -- June 2, 2024

Locator: 48016TOPSTORIES.

Top story:

  • Former president Trump convicted on 34 counts; decision made in a couple of hours; has the feel of a "kangaroo court.
    • Maureen Dowd said it best
  • Israel moves into Rafah; Israel says the war will go to the end of the year (2024)

Top international non-energy story:

  • US President Biden sides with Hamas to call for unilateral cease-fire without preconditions (re: hostages)

Top international energy story:Top national non-energy story

  • SpaceX - Boeing Starliner launch on Saturday scrubbed 3.5 minutes before launch; 
    • HAL made the decision; no human input; 
    • following launch NASA / Boeing spokepersons unable to explain why launch was scrubbed.
    • initial indications: HAL simply decided to shut itself down; nothing appears to have been wrong with the launch sequence itself

Top national energy story:

  • WTI continues to struggle; range-bound below $78

Focus on fracking. 

Top North Dakota non-energy story: 

Top North Dakota energy story:

Geoff Simon's quick connectslink here.

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Market

Market at the close, end of the week, May 31, 2024:

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