What You Need To Know In Oil And Gas Today – 10.4.2017

AdobeStock 86426698
AdobeStock 86426698

Here are the Top Dozen Oil & Gas stories for October 4, 2017, taken directly from the @GDBlackmon Twitter Feed:

#GodBlessTexas.: The Wisdom And Foresight Of The Texas Rainy Day Fund via @forbes  #fracking #energy #oil #gas

Wait, what? Permian is home to 40% of US active rigs.  Plenty of dollars going there.: Drillers choke off dollars to Permian Basin operations 

Plenty of money going into the #Permian.  Both of these Permian articles appeared in the Houston Chronicle on the very same day.  Holy cow.: New York fund paying $1.83 billion for Permian oil pipelines 

Very interesting.: Shell to Seek Sale of Stake in $1.4 Billion Wind Farm  via @markets

It was a nasty storm.: Hurricane Harvey cost Occidental Petroleum some $70 million in lost income  via @HoustonChron

Up and down, up and down…: Oil prices dip on doubts that recent rally will last 

But every year is different.  No big price drop coming.: Oil prices are heading into what has been an ugly part of the year 

Promise?: The market’s worst-performing sector is about to rebound, top strategist Lee predicts 

High-grading.: Abraxas Petroleum selling last of its Powder River Basin oil leases  via @SABizJournal

Cool.: Blank-check co. led by former Schlumberger, Weatherford execs files for $300M IPO  via @HOUBizjournal

Go for it.: Disputed East Coast pipeline likely to expand via @expressnews

Looking on the bright side.: Harvey’s rain caused coal-to-gas switching: NRG Energy

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


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