Sunday, November 3, 2024

Week 44: October 27, 2024 -- November 2, 2024

Locator: 48693TOPSTORIES.

Not a bit surprising: the US EV story.

From Geoff Simon last week:

  • construction continues at the David Refinery site, west of Belfield, Meridian Energy Group
  • MDU spins off its construction services subsidiary, Everus Construction Grop, forming a separate independent public company

Top story of the week

  •  a relatively quiet week in the Mideast, as Israel prepares for a retaliatory blow form Iran via .... wait for it ... Iraq
  • Intel and Dow kicked off the NYSE DJIA -- replaced by Nvidia and Sherwin-Williams

Top international non-energy story:

  • Ukraine: same ol', same ol' -- except North Korea has now sent 8,000 troops to help Russia

Top international energy story:

  • OPEC+ has delayed plans to increase oil production; can't afford to see oil prices drop any more than they already have.

Top national non-energy story:

  • if polls are correct, Harris will win by a landslide
  • polls suggest Iowa has flipped to Harris

Top national energy story:

  • WTI moves slightly higher; back up over $71

Focus on fracking: current link here. Generally updated late Sunday night.

Top North Dakota non-energy story:

Top North Dakota energy story:


Geoff Simon's quick connectslink here.

The market in a nutshell: At the close -- after a very volatile week, a nice close on Friday -- 

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