Taco Tuesday -- January 14, 2025

Locator: 44681B.

Washington Post: if this is accurate -- from almost 23 million to less than 3 million daily users (readers?) at the beginning of the Biden presidency until the election last fall. The paper lost $100 million last year -- a single year loss of $100 million. 

Blue Origin: yesterday's launch scrubbed. Link here.

California fires:

• Mandeville Canyon area: mandatory evacuation
  
• Sunset up to Encino Reservoir
• from Mandeville Canyon to "the 405"
• some areas, the firemen have had to evacuate
  

Major DEI hire resigns after four years. Story covered elsewhere.

China oil demand, link here: 

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Back to the Bakken

WTI: $77.53. Dropping.

New wells:

• Wednesday, January 15, 2025: 23 for the month, 23 for the quarter, 23 for the year, 
• 40205, conf, Koda Resources, Stout 1402-2BH,
• 40099, conf, Silver Hill Energy Operating, LLC, Morgen Federal 158-93-17-20-1MBH,
• Tunesday, January 14, 2025: 21 for the month, 21 for the quarter, 21 for the year,
• None.

RBN Energy: developing crude oil production forecasts in a world that's constantly changing.

In just a few days, President-elect Trump will return to office, determined to fulfill his many campaign promises, including his high-profile commitment to ease the regulatory burden on oil and gas producers so they can “drill, baby, drill.” Significantly ramping up production would likely bring down consumer prices for gasoline, diesel and other fuels — a noble goal — but it would also be at odds with the conservative, financially disciplined strategies that now guide many oil majors and oil-focused E&Ps. With the prospects for “drill, baby, drill” uncertain at best, and the correlations between oil prices, rig counts and production volumes less reliable than they used to be, how can we develop a production forecast? In today’s RBN blog, we explain what we do — oh, and we share our forecast with you, for free!