The Energy And Market Page, T+173, Part II -- July 13, 2017

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Title : The Energy And Market Page, T+173, Part II -- July 13, 2017
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The Energy And Market Page, T+173, Part II -- July 13, 2017

Enquiring minds want to know: will CNBC, Rachel Maddow, Morning Joe, or anyone else cover Mark Zuckerberg's visit to Williston, ND. I do believe that Williston, ND, is the only place in the world where Christiane Amanpour has not visited and CNN does not have a film crew. LOL.

Lithium: the new "peak oil."

List of 12: Motley Fool lists the top twelve (12) crude oil producing countries in the universe. Six of those countries are not part of OPEC and, according to Motley Fool are "keeping OPEC's dominance at bay":
  • Mexico, #12 - crude oil production has fallen 32% since 2004, due to the natural decline in its large Cantareil field
  • Brazil, #10 - its oil production has risen more than 40% in the past decade after opening its fields to foreign investment
  • Canada, #7 - US crude oil imports -- 38% from Canada; 34% from OPEC
  • China, #6 - used to be a net exporter; now due to huge domestic demand, the world's largest importer of crude oil
  • United States, #3 - EOG singled out by Motley Fool
  • Russia, #1 - actually topped Saudi Arabia in average daily production, after delivering, last year, its best annual average of the past three decades. Russia sanctions? What Russian sanctions? 
Edwards: liked by Zacks. Whoo-hoo.

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New wells coming off confidential list: this is longest dry spell since I started the blog. We haven't seen any wells come off the confidential list since Monday and we won't see any until tomorrow, when we see two. 


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