---
title: "Undulating Plateau"
url: https://independentstockanalysis.com/undulating-plateau/
description: "Global oil demand growth accelerating: IEA North Dakota has 213 rigs running, tying record, and a few comments on efficiency gains: Million Dollar Way…"
published: 2012-05-23
updated: 2012-05-23
---

# Undulating Plateau

Published 2012-05-23

Posted on

by

J.J. Butler

Global oil demand growth accelerating: [IEA](http://peakoil.com/consumption/iea-global-oil-demand-growth-accelerating-2/)

North Dakota has 213 rigs running, tying record, and a few comments on efficiency gains: [Million Dollar Way](http://milliondollarway.blogspot.com/2012/05/back-to-213-active-rigs-in-north-dakota.html)

Nuclear power by region: [EIA](http://www.eia.gov/todayinenergy/detail.cfm?id=6310)

It’s not that Chesapeake is ‘sticking by growth plans’, but that they **must** drill their brains out. CHK has a ginormous long term asset base, matched against large short and intermediate term liabilities, to get the same asset base held by production. [Fuel Fix](http://fuelfix.com/blog/2012/05/22/amid-heat-from-critics-chesapeake-standing-by-growth-plan/)

Energy and materials under-performance (scroll down). [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/5/22/sector-relative-strength.html)

Time to sell on strength? [Humble Student of the Markets](http://humblestudentofthemarkets.blogspot.com/2012/05/time-to-sell-on-strength.html)