What You Need To Know In Oil And Gas Today – 1.19.2017

AdobeStock 59544872 1
AdobeStock 59544872 1

Here are the Top Dozen Oil & Gas stories for January 19, 2017, taken directly from the @GDBlackmon Twitter Feed (that’s me):


No surprise here.  That’s what’s going to happen when you have half the rigs in the country running in a single producing basin, after all.: #Oil production accelerating in the Permian Basin, EIA says http://fuelfix.com/blog/2017/01/17/oil-production-accelerating-in-the-permian-basin-eia-says/


Progress.: #Oil rises from 1-week low as IEA says oil market tightening http://cnb.cx/2jzJpVw #oilandgas #energy #fracking


#GodBlessTexas: Total Sees Trump’s America As Good For #Oil Investment And Will Reveal Texas Deal Soon – CEO http://www.forbes.com/sites/mergermarket/2017/01/18/total-sees-trumps-america-as-good-for-oil-investment-and-will-reveal-texas-deal-soon-ceo/#5d41bc5c3e88


Love those expanding markets: Pemex imports first diesel cargo via train from U.S. http://www.petroleumworld.com/story17011807.htm #oil #oilandgas #energy


An Obama judge, of course.: Judge rules Dakota Access study can move forward http://thehill.com/policy/energy-environment/314940-judge-rules-dakota-access-study-can-move-forward#.WICqoH1MWs0.twitter


Ummmm…no, they most likely won’t be.  We’re most likely going to see a year-long tug of war between OPEC cuts and U.S. production increases. Balanced by rising global demand, that will most likely create a far more stable price picture than we saw from 2014-2016.: #Oil prices will be much more volatile in 2017: IEA http://reut.rs/2jMuXpR via @Reuters


A clear-eyed view.: OPEC slashes production but sees higher U.S. output ahead http://fuelfix.com/blog/2017/01/18/opec-slashes-production-but-sees-higher-u-s-output-ahead/ #oil #oilandgas #energy #fracking


Awesome.  Fracking says “You’re welcome!”: Improving #energy sector helps region’s economic activity rise http://www.mystatesman.com/business/improving-energy-sector-helps-region-economic-activity-rise/9hBsVUdwfHWX1BQVn7UXyJ/ #oil #oilandgas #fracking


Needed infrastructure.:  Plains increases Permian crude takeaway with expansion of Cactus Pipeline – Oil | Platts News Article & Story http://www.platts.com/latest-news/oil/newyork/plains-increases-permian-crude-takeaway-with-21640087


…while China’s #oil demand contines to rise.: China’s oil output set for long-term slump http://www.wsj.com/articles/chinas-oil-output-set-for-long-term-slump-1484650810 via @WSJ #oil #oilandgas #energy


We will close today with two pieces that show a) how the out-of-control EPA bullies cities into doing what it wants, and b) that help for these cities is on the way in the form of Scott Pruitt:


Playground bullies at the EPA: City of Tyler: EPA strongarms municipalities into consent decrees http://www.kltv.com//story/34292839/city-of-tyler-epa-strongarms-municipalities-into-consent-decrees#.WICw42xwy5s.twitter


Help is on the way.: Trump EPA pick clashes with senators over climate change, his plan to rein in agency http://www.dallasnews.com/news/donald-trump-1/2017/01/18/trumps-pick-run-epa-pledges-rein-agency-says-many-americans-now-fear


That’s all for today.  Come back tomorrow for another dozen Things You Need To Know In Oil And Gas.



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