Top story of the week:
- Joe Biden is still president.
- Panic sets in: high gasoline prices spook Washington (DC)
- Two-hour phone call between Joe Biden and China's Xi
- XOM exploring sale of Bakken assets.
- Apple announces its most powerful chip ever. And, here.
Top international non-energy story of the week:
- Fourth week of Ukraine-Russian war. No end in sight.
- China shuts down Shenzehn due to Covid concerns. [Turned out to be a non-story; opened back up within a couple of days.]
- Agriculture / fertilizer to be a top story in 2022.
Top international energy story of the week:
- Crude oil volatility: spikes to $140; then quickly falls back to $90;
- Mideast not taking Biden phone calls; the myth of spare capacity. And, here.
- Panic sets in: Macron says its time to nationalize the oil industry.
- The myth of spare capacity. And, here. And, here.
- Diesel to be one of the big energy stories in 2022.
- Replacing Russian oil.
Top national non-energy story of the week:
- Lots of hand-wringing, not much of a story: the Fed raises the "Fed rate" by 0.25%; first raise in years; inflation coming in at 7.9%;
- BRK hits consecutive 52-week highs; due to interest in OXY?
- Tom Brady to return.
- Supply bottlenecks easing?
Top national energy story of the week:
Top North Dakota non-energy story of the week:
Top North Dakota energy story of the week:
- There may be a reason North Dakota oil production dropped 5% month-over-month.
- Oasis pays first variable dividend of $3.00 / share.
The Energy Chaser: The Williston Herald, Renée Jean;
Geoff Simon's top North Dakota energy stories:
Operations:
- Lots of work left to be done in the Bakken. And, here.
- U-turn drilling in the Permian.
- The dreaded Bakken decline.
Operators:
- The MRO Marion well hits 500K bbls crude oil in about 18 months.
- The spectacular MRO wells in the Antelope-Sanish.
- Updating the incredible WPX Crosby Chase wells.
- CLR reporting huge production in Long Creek.
- A Strobeck well in Alger field is back.
- One of the original Bakken wells goes over 500K bbls crude oil.
- Slawson's original Orca Federal well goes over 500K bbls crude oil.
- The dreaded Bakken decline.
- Hallelujah! Murex reports the Amber Renee!
- Several Whiting Tarpon Federal wells on "AB" list put back into production.
Fracking:
Natural gas:
Pipelines:
Bakken economy:
Commentary:
- Comment on wells coming off confidential list this next week: fracking.
- Inflation, high gasoline prices? Let them eat cake; take the bus, kill your dog. Bloomberg.
- About those 9,000 permits.
- US set for huge April production jump: EIA.
- International travel: the cost of going around Russia.
- Good and bad oil.
