Oil Trades Little Changed as Storm Threat to U.S. Gulf Crude Supply Fades at Bloomberg.
Annual Energy Outlook 2012 (Only 252 pages long): EIA
This would only be the tip of the iceberg: Oil price fall slowing oilfield activity at Calgary Herald.
I have little idea when the Saudi’s will cut oil production, but here is a look at the coming monarchy change: Economist. Update: OPEC may hold emergency meeting if oil prices continue to decline, Khatibi says per Platts at Twitter.
China Stockpiling masks tepid oil-demand growth: Petroleum Economist. However, “Both Malaysia’s A-P Tapis Crude and Indonesia’s A-P Minas crude are pegged to Brent crude and currently trade at an $8 premium.” Peter Pham.
Gas at the pump should head down to near $3.00 stateside: Econbrowser.
Meanwhile, a Japanese company is paying $5000 an acre for South Texas acreage. They have to drill through the Eagle Ford (which rights they do not receive) to get the Pearsall. Two words: Time-value and WOW! Oil and Gas Journal.