Stock futures are higher this morning, while Oil Declines From One-Week High as China Manufacturing Weakens at Bloomberg.
The oil price hinges on economic growth: Saudi Gazette.
Maugheri vs The Oil Drum: Cornucopians vs The Peak Oil Crowd at Million Dollar Way.
The best Bakken news you’ll read all month in Raymond James Energy Stat of the Week. Finally, a detailed analysis of the price XOM paid for DNR’s Bakken acreage: Richard Zeits.
Lower consumption and higher production: U.S. net petroleum imports for January-July 2012 were down 13% year over year. EIA
Oil rigs were down modestly while gas rigs were down substantially: Haynesville Play.
With natural gas higher another 2% this morning, Chartology: Natural Gas Recovery and Price Analysis at See It Market. Thoughts on associated gas production: Haynesville Play.
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