Locator: 48739B.
Epstein: Trump, et al, has let the Epstein story become the top story on the NBC Nightly News. Not good.
Iraq: deepening natural gas crisis supply. I was completely unaware. Trump continues to redraw the maps in the Mideast.
Iran: deepening natural gas crisis. I was completely unaware. Not getting the coverage one might expect. X is particularly quiet.
This appears to be a very, very big story. Something suggests the 12-day war may have taken out a lot more natural gas assets in Iran than we were led to believe.
This is probably hyperbole but everything suggests Iran is about ready to implode.
More likely, Iran becomes another North Korea, but worse.
Recommend: ask ChatGPT.
According to ChatGPT, Iran has cut its gas deliveries by over half -- from roughly 55 mcm/day to 25 mcm/day, resulting in an immediate shortfall of 3,800 - 6,000 megawats of power production in Iraq. Gas-fired plants are faltering, Iraq is struggling to meet demand, especially during heatwaves, causing rolling blackouts. See this story over at oilprice.
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Back to the Bakken
WTI: $66.82.
Active rigs: 30.
Four new permits: #42125 - #42128, inclusive:
- Operator: Zavanna
- Field: Glass Bluff (McKenzie County)
- Comments:
- Zavanna has permits for four Beth wells, NESE 4-151-103,
- to be sited 1913 / 2003 FSL and 289 FEL.
