---
title: "Energy!"
url: https://independentstockanalysis.com/energy-13/
description: "Oil Extends Decline as Inventories Reach Most Since 1990 at Bloomberg . Left unmentioned was gasoline and distillate inventories in the lower limit of the…"
published: 2012-06-20
updated: 2012-06-20
---

# Energy!

Published 2012-06-20

Posted on

by

J.J. Butler

Oil Extends Decline as Inventories Reach Most Since 1990 at [Bloomberg](http://www.bloomberg.com/news/2012-06-20/oil-declines-before-fed-decision-projected-supply-drop.html). Left unmentioned was gasoline and distillate inventories in the lower limit of the average range…

E&Y Study: O&G Companies Focus on Drillbit Growth in 2011 from [Rigzone](http://www.rigzone.com/news/article.asp?a_id=118724&hmpn=1).

From ND governor urges speedy, safe pipeline building: “More than one-third of the natural gas produced during oil drilling in North Dakota is burned off as a byproduct of the state’s escalating oil production, state statistics show.” [CNBC](http://www.cnbc.com/id/47820151). Bakken returns and pipeline constraints: [Petroleum News](http://www.petroleumnews.com/pntruncate/445522171.shtml).

Ghawar was supposed to have puked by now: [Oil Drum](http://www.theoildrum.com/node/9263). As for *Peak Oil,*an **undulating plateau** looks right to me: [Financial Sense](http://www.financialsense.com/contributors/ugo-bardi/peak-oil-has-it-arrived).

Fracking: Truthland vs Gasland from [Haynesville Play](http://www.haynesvilleplay.com/2012/06/truthland-vs-gasland.html).

“Looks to me like we might have a bottom on our hands in the crude oil market.” [All Star Charts](http://allstarcharts.com/crude-oil-is-the-bottom-in/)

Equities Rally Without Oil from [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/6/19/equities-rally-without-oil.html).