WTI Plunges -- Drops Below -- $74 -- August 2, 2024

Locator: 48297B.

CNBC "Half-Time Report": this is "NOT" Cisco (CSCO) during the dot-com bubble. Amazing how a meme gets started. LOL. 

For the archives: this was the day after JPow and the Fed did not cut rates when the data / common sense suggested cutting should have begun by now.

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Back to the Bakken

WTI: $73.73.

Sunday, August 4, 2024: 71 for the month; 71 for the quarter, 397 for the year
40451, conf, Neptune Operating, Frederick LE 3-10 11H,
39512, conf, Liberty Resources, Haley # 158-93-29-32-2MBH,

Saturday, August 3, 2024: 69 for the month; 69 for the quarter, 395 for the year
40450, conf, Neptune Operating Frederick 3-10 6H,
40336, conf, CLR, Dahle 4-35H,
39513, conf, Liberty Resources, Haley E 158-93-29-32-3MBH,

Friday, August 2, 2024: 66 for the month; 66 for the quarter, 392 for the year
40449, conf, Empire North Dakota, Eagle 29 1
40410, conf, CLR, Dahle 5-35HSL,
40385, conf, Neptune Operating, Frederick 3-10 5H,
40305, conf, Stephens Williston, Cabot 15591-0112-2H,
39601, conf, Hess, BL-Iverson B-155-95-0807H-7,

RBN Energy: small modular reactors could be part of nuclear revival, but hurdles remain.

There’s been a lot of discussion lately about the best way to meet the expected increases in U.S. power demand, driven in part by manufacturing growth and the rapid development of large-scale data centers. That has spurred a renewed interest among regulators, industry leaders and the general public in nuclear power. But while traditional reactors are known for their cost overruns and construction delays as much as the massive amounts of carbon-free power they produce, some see a better way forward in the form of small modular reactors (SMRs). Advocates with “uranium fever” say they can be built without many of the problems that accompany their larger cousins and offer a number of potential advantages, including siting flexibility, price and efficiency. In today’s RBN blog, we’ll look at the state of nuclear power in the U.S., examine the potential for SMRs, and discuss the hurdles they face to obtaining the necessary permits and ultimately beginning operation.