Title : Wednesday, February 28, 2018
link : Wednesday, February 28, 2018
Wednesday, February 28, 2018
Chart of the day:Headlines from Rigzone today:
- Texas governments gain from US "global power broker" status
- US to overtake Russia as top oil producer by 2019 at latest -- IEA
- Big Corn says "no deal" after White House biofuels meeting; Iowa (6) wins; Pennsylvania (20) loses
- Saudi Arabia won't substantially raise output over the next 2-3 years even if OPEC production cut agreement not extended
- SandRidge lays off 30% of Oklahoma City staff
- Oil dips as industry report shows swelling spare US -- posted yesterday: the American Petroleum Institute was said to have reported U.S. crude stockpiles expanded by 933,000 barrels last week. If confirmed in a government tally scheduled to be released on Wednesday, inventories will have racked up increases in four of the past five weeks: consistent with my re-balancing data
- Total interesting in building 150,000 bpd refinery in Iraq
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Back to the Bakken
Active rigs:
$62.98↓↓ | 2/28/2018 | 02/28/2017 | 02/28/2016 | 02/28/2015 | 02/28/2014 |
---|---|---|---|---|---|
Active Rigs | 57 | 41 | 38 | 119 | 192 |
RBN Energy: How much Canadian gas can the US west coast take? Wow, that's a great question, after all the articles about the difficulty getting "the pipeline" through British Columbia to the west coast.
Thus Article Wednesday, February 28, 2018
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