David Wethe

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David Wethe

David Wethe

@DavidWethe

Energy reporter in Houston @Business. 🎙Voice of the Grizzlies. @Mizzou grad. Formerly @startelegram @DallasBizNews. Opinions = mine. Retweets not endorsements.

Houston, Texas Katılım Ağustos 2011
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Annmarie Hordern
Annmarie Hordern@annmarie·
Morgan Stanley: Brent is now seen averaging $110 a barrel in the second quarter, up from a previous outlook for $80. Figures for subsequent quarters were also raised. The bank’s analysts including Martijn Rats write: “The recent closure of the Strait of Hormuz has disrupted about 20% of global oil supply, double the impact of the Suez crisis in 1956-57."
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Jennifer A. Dlouhy
Jennifer A. Dlouhy@jendlouhyhc·
NEWS: The Trump administration is planning to temporarily waive the century-old Jones Act that requires American ships be used to ferry goods between US ports in a bid to blunt surging oil & gas prices. bloomberg.com/news/articles/…
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Jennifer A. Dlouhy
Jennifer A. Dlouhy@jendlouhyhc·
President Trump deployed Interior Secretary Doug Burgum to Venezuela as part of his bid to revive oil & mineral production there. In between conversations with oil and mining executives, Burgum is now meeting w/ interim President Delcy Rodriguez. bloomberg.com/news/articles/…
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Bloomberg Originals
Bloomberg Originals@bbgoriginals·
Bloomberg Originals explores why the world is awash in cheap crude oil, how geopolitical tensions don’t have the same effect on price they once did and what this glut means for the global economy bit.ly/4k4UyJM
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David Wethe
David Wethe@DavidWethe·
EXCLUSIVE: BP is aggressively expanding shale drilling, bucking the conservative approach of many rivals, as the UK oil giant seeks to reverse years of anemic output bloomberg.com/news/articles/…
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Bloomberg TV
Bloomberg TV@BloombergTV·
Bloomberg Television traveled to Venezuela with Energy Secretary Chris Wright as he became the highest ranking US official in the country since the capture of Nicolás Maduro. @annmarie got a rare look into the country as it tries to rebuild bloom.bg/4qNDTfK
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Annmarie Hordern
Annmarie Hordern@annmarie·
Another surreal moment— Secretary Wright and Acting President Delcy Rodriguez touring a Chevron-PDVSA joint upstream facility
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David Wethe
David Wethe@DavidWethe·
SCOOP: Chevron acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude oil on the 22,000-acre property. w/@CrowleyKev bloomberg.com/news/articles/…
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Ben Volin
Ben Volin@BenVolin·
The 49ers press box is basically a monument to print journalism and I’m here for it
Ben Volin tweet mediaBen Volin tweet mediaBen Volin tweet mediaBen Volin tweet media
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David Wethe
David Wethe@DavidWethe·
Fracking transformed the US into a fossil fuel powerhouse, reshaping global energy markets along the way. Now, the technology is going global bloomberg.com/news/features/…
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Dan Tsubouchi
Dan Tsubouchi@Energy_Tidbits·
"Harold Hamm to Halt Drilling in Bakken Shale on Lower Oil Prices... Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, said he’s about to shut down drilling in North Dakota’s Bakken for the first time in decades because of low crude prices. “This will be the first time in over 30 years that Harold Hamm has not had an operation with drilling rigs in North Dakota,” Hamm, the founder of shale driller Continental Resources Inc., said in a telephone interview Thursday. “There’s no need to drill it when margins are basically gone.” “A lot of people are assessing their activity in all the basins,” said Hamm, who also has oilfield assets in Oklahoma and Texas, among other locations." Thx @DavidWethe. #oott
Dan Tsubouchi tweet media
Dan Tsubouchi@Energy_Tidbits

US oil rigs +1 WoW to 410: US gas rigs -2 WoW to 122 on 01/16. US oil rigs now -15.1% or -73 rigs vs Apr 25 US gas rigs now +23.2% or +23 rigs vs Apr 25. Baker Hughes US #Oil & #NatGas rigs. 01/16: 410, 122 01/09: 409, 124 12/30: 412, 125 (Tues due to New Year) 12/23: 409, 127 (Tues due to Xmas week) 12/19: 406, 127 12/12: 414, 127 12/05: 413, 129 11/26: 407, 130 [Wed due to Thanksgiving week] 11/21: 419, 127 11/14: 417, 125 11/07: 414, 128 10/31: 414, 125 10/24: 420, 121 10/17: 418, 121 10/10: 418, 120 10/03: 422, 118 09/26: 424, 117 09/19: 418, 118 09/12: 416, 118 09/05: 414, 118 08/29: 412, 119 08/22: 411, 122 08/15: 412, 122 08/08: 411, 123 08/01: 410, 124 07/25: 415, 122 07/18; 422, 117 07/11: 424, 108 07/03: 425, 108 06/27: 432, 109 06/20: 438, 111 06/13: 439, 113 06/06: 442, 114 05/30: revised 06/06 to 451, 109 05/30: originally reported 461, 99 05/23: 465, 98 05/16: 473, 100 05/09: 474, 101 05/02: 479, 101 04/25: 483, 99 #oott

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Dan Pickering
Dan Pickering@pickeringenergy·
My conclusion from above: Trump wants oil price down/low.He is not a friend of the US energy industry, he is a counterparty to the oilpatch. $XOM politely said what almost everyone attending had to be thinking. Uninvestable without significant changes. This is going to take TIME.
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David Wethe
David Wethe@DavidWethe·
The boss for global oilfield contractor Weatherford called Venezuela a “massive opportunity.” His comments are among the first from major oil executives expressing interest in returning to the Venezuela bloomberg.com/news/articles/… w/@MiaGindis
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NWS Midland
NWS Midland@NWSMidland·
Snowing here at the office in Midland. We have about .3 inches of new accumulation of snow and ice so far today. #txwx
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