Sandy Energy

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

From my local newspaper:  Find out where oil and gas leasing activity is booming across Lower Michigan (Mlive).  What you need to know before you lease your land for oil and gas exploration (Mlive).