What You Need To Know In Oil And Gas Today – 6.14.2017

Colorado Rockies
Colorado Rockies

Here are the Top Dozen Oil & Gas stories for June 12, 2017, taken directly from the @GDBlackmon Twitter Feed:

No surprise here.  It’s what happens when you don’t drill wells for two years.: EIA says drillers still falling behind in one vital health metric: proved reserves  via @houstonchron

It’s become a trend.: Oil prices fall as OPEC output, US crude stockpiles rise 

#Innovation.: New GE startup tests drones for pipeline, gas flare inspections  via @HoustonChron

Awesome.: San Antonio-based Howard Energy enters Permian Basin in $563M deal  via @mySA

Interesting.: Hedge Funds Ditch Long Positions On U.S. Natural Gas | OilPrice.com  #oilprice

Competition is good.: Shale gas giants battle for dominance as U.S. supplies surge  via @markets

Have a great vacation!:  Fracking Says “You’re Welcome, America” For Low Gasoline Prices via @forbes

Better cut faster.: Saudi Arabia cuts its oil exports to U.S. to work down global supply glut  via @WSJ

Feeling a little nekkid.: U.S. shale firms more exposed to falling oil prices as hedges expire  via @ReutersUK

Birds and bats highly disappointed.: Trump is too late to stop the windmills  via @bv

But for how long?  Companies go back and forth between oil and natural gas all the time.: BP continues transition toward natural gas 

Fantastic.: With ban lifted, US oil exporters starting to flex their muscles 

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


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