As everyone in the World knows, things are bigger in Texas. They just are. According to a survey released on November 18, 2016, by the US Geological Service, the Midland Basin...
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One of the frequent updates we have given you throughout the many editions of The Five Star Standard is what the breakeven production costs are in the United States? We have...
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Many of our customers are reporting an increase in business over the past few months. Some are actually getting “busy” again, and some are getting work for the first time in...
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This week the big news is the OPEC freeze deal. As those of you who regularly read The Five Star Standard probably know, I have been a big cynic of OPEC...
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In November 2016, the Paris Agreement on Climate Change went into effect. A total of 193 Nations are signatories, 115 of which have ratified the convention, including the United States. The...
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History On The Deal So finally, we get to give some good news!!!! We have a deal from OPEC on a production freeze. As you might remember, OPEC reached a preliminary...
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Several people have asked me this week about what my opinions of the U.S. election results are. And at first, I hesitated to address those, but on further reflection, the election...
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In each edition of the Standard, we strive to provide you a bare bones summary of what happened to the price of WTI, Natural Gas, and Brent Crude. In addition, we...
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In what is a bit of a surprise, GE and Baker Hughes announced an unprecedented merger. The deal structure alone is creative and unique. Unlike a traditional merger or acquisition, GE...
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This week we continue our discussion of Q3 earnings and what the execs had to say. I once again took some relief in the reports we are getting. All of these...
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