The central bankers seem to be in charge. Oil Gains a Second Day on Stimulus Speculation, OPEC Output Call at Bloomberg.
Oil and price incentives: Econbrowser.
A conservative take on the Bakken: NDDMR. Apache goes big on horizontal liquids: Apache Corp.
ConocoPhillips CEO causes stir with OPEC warning: Financial Post. The Saudis tightening the noose around Iran: Sober Look.
Apache with another shale gas play: Globe and Mail. Encana’s Ultra-Long Louisiana Laterals produce fat IP at Haynesville Play.
Coal Wins Again: Global Energy Use by Source, from the 2012 BP Statistical Review: Gregor. Coal use down stateside but higher globally: Haynesville Play. Coal stocks and China: China Daily. Coal Stocks – Finally Time to Buy? Robert Sinn.
COT: Understanding the commitment of traders reporting: RBN Energy. Financial strength has advantages: CNQ sells 7 year paper at 3.06%.
Off-topic: Obama says “green jobs” include oil lobbyists working on environmental issues from IPAA. Deja vu all over again? Rot needs to be purged! GM to go bankrupt again? Yahoo