---
title: "Energy and a Cut"
url: https://independentstockanalysis.com/energy-and-a-cut/
description: "Eagle Ford human interest article: Fuel Fix As production ramps higher in a new play, operators get behind before a maintenance level of backlog inventory…"
published: 2012-06-07
updated: 2012-06-07
---

# Energy and a Cut

Published 2012-06-07

Posted on

by

J.J. Butler

Eagle Ford human interest article: [Fuel Fix](http://fuelfix.com/blog/2012/06/04/south-texas-county-wary-as-oil-boom-settles-in/) As production ramps higher in a new play, operators get behind before a maintenance level of backlog inventory is found. The Eagle Ford backlog at [Eagle Ford Shale](http://www.eaglefordshale.com/news/1500-eagle-ford-wells-waiting-to-be-completed/).

Crude oil and refined product charts by [BMO](http://www.investorvillage.com/uploads/8708/files/PetroleumStorageCharts6-June-12.pdf) courtesy of Pedriven and Land Lubber at [Investor Village](http://investorvillage.com/).

More on the Russian shale Bazhenovf at [Forbes](http://www.forbes.com/sites/christopherhelman/2012/06/04/bakken-bazhenov-shale-oil/?utm_source=alertscalledoutcomment&utm_medium=email&utm_campaign=20120606).

Shortages of Guar Gum at [24/7 Wall Street](http://247wallst.com/2012/06/06/halliburton-update-could-harm-all-oil-services-outfits-due-to-broader-issues-hal-slb-bhi-oih/).

Dodge the Bullet. Natgas Supply Overhang Correcting at [RBN Energy](http://www.rbnenergy.com/Dodge-the-bullet-natgas-supply-overhang-correcting). Musings: After 7 1/2 Months of Lower Gas Rigs, Production Finally Falls at [Rigzone](http://www.rigzone.com/news/article.asp?a_id=118393&hmpn=1). However, “A report from Bentek Energy, which examines national industry trends, estimates that even if companies stopped drilling new wells in northeast Pennsylvania, production could grow by 31 percent over the next 16 months as the partly drilled wells get hooked up.” at [Triblive](http://triblive.com/mobile/mnews/1904677-81/gas-pennsylvania-drilling-york-wells-companies-production-gheit-industry-marcellus).

Chesapeake mid-stream sale could be announced this week. [Financial Times](http://www.ft.com/intl/cms/s/0/6b56c058-aff6-11e1-ad0b-00144feabdc0.html#axzz1x6JflGns)

Sector relative strength at [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/6/6/sector-relative-strength.html).

“No one knows whether we are headed down to 800 on the S&P 500 within a year, or are going to 1700 by 2013.” [ChessNwine](http://ibankcoin.com/chessnwine/). Fed’s Yellen: “Scope remains for further policy accommodation” per [Calculated Risk](http://www.calculatedriskblog.com/2012/06/feds-yellen-scope-remains-for-further.html).

While I was putting this post tegether, China cut lending rates for the first time since 2008. See [Bloomberg](http://www.bloomberg.com/news/2012-06-07/china-cuts-interest-rates-for-first-time-since-2008.html). Think ***materials*** stocks.