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Oil Rigs “Total US oil rigs were up 10 to 752 this week”

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Oil Rigs “Total US oil rigs were up 10 to 752 this week”

A few comments from Steven Kopits of Princeton Energy Advisors LLC on Jan 12, 2017: • Total US oil rigs were up 10 to 752 this week • Horizontal oil rigs were up 4 to 654 • We have expected rig counts to rise sharply in recent weeks, and we saw some – but...
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Oil: “Another huge week for total US oil rigs”

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Oil: “Another huge week for total US oil rigs”

A few comments from Steven Kopits of Princeton Energy Advisors LLC: • Another huge week, total US oil rigs up 15 to 566 • Horizontal oil rig counts up +17 to 463…• Widespread gains: Permian, EF, Bakken, Cana Woodford – the shale sector as a whole has turned back on • Another month of...
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Sacramento Housing in May: Total Sales down 11% Year-over-year, Equity Sales up 8%, Active Inventory increases 84%

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Sacramento Housing in May: Total Sales down 11% Year-over-year, Equity Sales up 8%, Active Inventory increases 84%

Several years ago I started following the Sacramento market to look for changes in the mix of houses sold (equity, REOs, and short sales).  For a long time, not much changed. But over the last 2+ years we’ve seen some significant changes with a dramatic shift from foreclosures (REO: lender Real Estate Owned) to short sales, and...
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Sacramento Housing: Total Sales down 29% Year-over-year in November, Conventional Sales up 14%, Active Inventory increases 57%

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Sacramento Housing: Total Sales down 29% Year-over-year in November, Conventional Sales up 14%, Active Inventory increases 57%

Several years ago I started following the Sacramento market to look for changes in the mix of houses sold (conventional, REOs, and short sales).  For a long time, not much changed. But over the last 2 years we’ve seen some significant changes with a dramatic shift from foreclosures (REO: lender Real Estate Owned) to short sales, and...
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