Macro/Headlines/Events Baker Hughes Rig Count- The U.S. onshore rig count was down 1 rig w/w to 731. WSJ- Clean and Cheap Oil Is a Heavy Lift- Link FT- The rare earths race entails difficult choices- Link WSJ- Biden Declares U.S. Arctic Ocean…

DEP Update:  Dividing and conquering again this week as half the team heads to Midland while the other half is conducting E&P meetings in Houston.  Our Midland reception is on Wednesday, so email us if you would like to swing by.  Lastly, we are…

Happy Mother’s Day to all our mom readers….you are the best!   DEP Travels.  We drive to Midland tomorrow morning for two days of meetings.  Likely will assemble a small group dinner Tuesday night in Midland, so if you’re up for Mexican or Italian,…