For Investors Only: Companies Increasing Dividends -- Friday's Announcements

The WSJ is reporting that twenty-nine (29) companies raised their dividend/distribtion Friday, including: ONEOK Partners (OKS), SandRidge Miss Trust II (SDR), and Marathon Petroleum (MPC). SDR and MPC were pretty significant increases.

Again, the disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read on this blog.

Administration: Scope of Coal-Fired-Utility-Planned Shutdown Is Unprecedented

From President Obama's own administration:

Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA).

A record-high 57 generators will shut down in 2012, representing 9 gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired.

While many of those coal plants are old and relatively inefficient, the scope of this new planned shutdown is unprecedented.

“The coal-fired capacity expected to be retired over the next five years is more than four times greater than retirements performed during the preceding five-year period,” EIA noted in the analysis.

Killing A Golden Goose of Jobs

According to the linked article: "Most of the coal-fired generator retirements will occur in the Mid-Atlantic, Ohio River Valley and the Southeast."

Week 30: July 22, 2012 -- July 28, 2012

Human interest stories:

• Mining sand in Wisconsin
• Fracking, sand, jobs: fracking sand operations have doubled in Wisconsin
• Job seekers from all 50 states have inquired about the Bakken
• Industrial revolution: the Bakken
• A tale of two cities: Fremont, CA, and Williston, ND
• A reminder: don't come to the Bakken without a plan
• All roads lead to the Bakken
• North Dakota's winter wheat crop will be quit nice
• Development in Williston: another apartment unit; 12-movie screen complex, MainStay Suites to open in autumn, 2012;

Oil field updates

• Hebron: CLR looking at 70+ wells in this small field
• Flurry of activity in Heart Butte
• Beaver Lodge field updated: oldest field in the Williston Basin

Data

• August hearing dockets

Operators

• Newfield to add a fourth rig in 2013; three pilot programs to test spacing
• OXY increased production in 2Q12; most of the production from the Bakken 
• Are OXY's IPs improving?
• CLR putting oil into storage, anticipating higher prices
• Hess doubled Bakken production year-over-year
• ONEOK to build a fourth 100 million cubic feet per day natural gas facility - perhaps top story of the week?

Education

• Natural gas primer, RBN Energy

Firsts

• Bakken crude being shipped to the Gulf Coast by barge
• Ceramics manufacturing plant in North Dakota?

Projections

• Bakken to 2 million bopd in 2025, Bentek Energy study
• 800,000 bopd -- soon? - possibly top story of the year?

Saturday Morning Link; Clarification Re: "800,000 BOPD From the Bakken"

So far, just one, and I will be out and about with granddaughters for breakfast in a few minutes, so don't expect to do much blogging until later.

Link here to Independent Stock Analysis.

One clarification: the "800,000 bopd from the Bakken" may refer to Bakken oil production from both North Dakota and Montana, but the source is not clear. But if it includes the entire Bakken, then that's a very reasonable number.

Nice Human Interest Story From Wisconsin: Fracking Sand

Link here to Leader-Telegram, Eau Claire and Chippewa Valley, sent in by a reader. Thank you.

The headline: no slowdown yet for sand mining industry in west-central Wisconsin.

The story includes a great map of the sand mines.

A new industry continues to rise — quite literally — from the ground in west-central Wisconsin.

Officials from 12 regional counties reported the area now has a total of 52 silica sand mines that are either operating or approved.

That's up 136 percent from 22 just a year ago and shows just how fast the sand storm is sweeping across west-central Wisconsin, ...

Go to link for rest of story.

There are a number of interesting data points at the link. This caught my interest: earlier, officials thought that supply/demand for fracking sand was narrowing in Wisconsin, but lately, they've not seen that to be true. Applications for additional sand mining operations continue to come in.