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The fast shrinking crude inventories at Cushing, the hub for the WTI futures contract are getting attention. We saw another week of near record crude production and rising rig counts that sees WTI losing momentum

The 2015 Liberal platform said they would balance the budget in 2019 and have a $1 billion surplus. WIthout the budget balancing itself, $18.1B is the projected deficit for 2018-19.

RSP Permian Q4 earnings released Tuesday were better than expected with revenue and production soaring. $RSPP is seen as a 'pure Permian play' with 'Silver Hill' in the oil-weighted area of the Delaware Basin portion of the Permian.

Independent oil and natural gas company EOG Resources reported better fourth quarter earnings after the market close Tuesday. $EOG raised their dividend, production and CAPEX outlook. Shares were lower after selling weighed on the energy producer complex.

Carrizo Oil & Gas $CRZO announced better than expected fouth quarter earnings after the market close Monday. However the stock fell 6% after uneven production guidance between Eagle Ford and Delaware basin acquisitions.

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