Tuesday, October 7, 2017

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Title : Tuesday, October 7, 2017
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Tuesday, October 7, 2017

Enbridge: Can hardly wait to read this story over at Twin Cities Pioneer Press: US State Department grants permit for Alberta Clipper pipeline. 

Saudi Aramco IPO: more and more talk it ain't gonna happen. 

I'll be back to the blog in an hour or so after taking the granddaughters to school, but, wow, did you see the earnings being reported by Goldman Sachs? Absolutely incredible. And the subscriber growth being reported by Netflix. One of my favorite companies (I have never invested [directly] in Netflix; never will; but I love the company.)  TSLA appears to be struggling. United Health beats estimates.

And after being flat most of the night, Dow 30 futures are up nicely again this morning.

Forbes top 500 richest Americans is out.

Disclaimer: this is not an investment site. Just trying ot put the Bakken into perspective.

Active rigs in North Dakota:


$52.01 10/17/2017 10/17/2016 10/17/2015 10/17/2014 10/17/2013
Active Rigs 58 32 67 190 185


RBN Energy: gas-weighted E&Ps' second-quarter profits decline with prices.

Natural gas pipelines: huge story on gas pipeline businesses. Very, very interesting. Worth a read. 

Short-sighted: I can't wait to read this article. The headline suggests that someone doesn't know much about investing. Jordan Weissman over at Slate.

Iraq: biggest story in the Mideast today -- Iraqi forces seize oil city Kirkuk from Kurds in bold advance. Nothing like the US destroying ISIS to free up the Iraqis to go after the Kurds.


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