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Title : Judge Allows DAPL To Continue To Flow -- October 13, 2017
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Judge Allows DAPL To Continue To Flow -- October 13, 2017

Judge allows DAPL to continue to flow. PennEnergy story here.

GM to idle factory: to close for 6 weeks starting in mid-November. Chevrolet Volt, Cadillac CT6, Buick LaCrosse. Dealers are sitting on a roughly 10-month supply of the Buick LaCrosse, another car built at the plant. A two-month supply is considered healthy. 

Active rigs:

$51.56↑	10/13/2017	10/13/2016	10/13/2015	10/13/2014	10/13/2013
Active Rigs	59	33	67	191	184

RBN Energy: impact of new supplies on infrastructure prices.

The U.S. natural gas market tightened considerably in 2016, with a pull-back in production volumes leaving total gas supply, including imports, within a hair’s breadth of total demand (including exports) on an annual average basis. In 2017, however, gas production has climbed again. And it’s not just from the Marcellus/Utica, which grew through even the downturn over the past few years, but also from other basins, particularly ones focused on crude oil. Current production economics and drilling activity suggest continued growth over at least the next five years. Could it be too much? Will demand expand fast enough and will all the growing supply regions be able to access that demand? Or, are producers headed for another contraction before they’re barely out of the last one? In today’s blog, we begin a series unpacking RBN’s five-year natural gas supply-demand outlook.

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