Oil Slides, Gasoline Gains as Hurricane Sandy Nears U.S. at Bloomberg.
Energy chart of the day: Shale oil production in North Dakota and Texas has boosted US oil production to a 17-year high by Mark Perry.
Off topic: North Dakota’s oil boom in pictures at Reuters.
OPEC’s oil production has spent the last 9 years between 30 and 32 million barrels a day. Through July 2012 production has been over 33 MMbbl. EIA Yet, IEA says call on OPEC oil to rise slowly over next five years at Platts.
Non-OPEC Average Annual Crude Oil Supply in mbpd 2001-2012 at Peak Fish.
Canada’s Energy Stumble as an editorial in Friday’s WSJ.
The U.S. rig count was down: Haynesville Play.
RJ raised its natural gas price outlook but is still bearish: Raymond James.
With an already stretched balance sheet and the latest acquisition, sounds like MHR will be selling it’s Eagle Ford position. Oil Gas 360