Oil Trades Near Three-Week High on Mideast Protests, Fed Meeting at Bloomberg.
North Dakata Bakken boom continues: Mark Perry. Pad drilling and rig mobility lead to more efficient drilling at the EIA. EOG Says U.S. Fracking Rule to Cost $1.5 Billion a Year at Bloomberg.
Crude and gasoline inventory: Bespoke.
“BP PLC said it wants to aggressively clean up buried oil exposed on Louisiana’s beaches by Hurricane Isaac’s churning waves.” (Fuel Fix). Researchers say bacteria consumed oil from Macondo oil spill (Fuel Fix).
Chesapeake’s Permian sale was disappointing. A bit on the Permian basin (AAPG).