ISIS TO SHORTLY CONTROL most of Iraq water supply. Still advancing on Baghdad. ISIS seized NG field in Syria ... Iraq oil production/exports increasingly in jeopardy. Baghdad govt in chaos ... Kurds hope to increase their oil exports to 400Kb/d by yearend from 120K now ... Yemen falling into chaos. 100Kb/d oil pipe attacked over weekend ... Libya still in chaos. Not likely to remain a single country much longer. (Like Iraq.) ... Iran nuke talks in 4-month extension ... OPEC said its crude production down 2.5% in '13. Share of global production 43.4%, down from 44.6% in '12 ... Sauds exported 6.99Mb/d in May, least in 3 yrs. Production 9.71Mb/d ... Scarcity of avfuel in Nigeria ... Caribbean refineries going out of biz from US shale boom ... Bakken oil production growth now confined mostly to 1 county ... Quote of week: Bakken oil production to rise to 2Mb/d: Bakken oil exec ... ND crude output up to 1.04Mb/d in May. But flaring reduction plan will hinder growth ... Petrol engineers' pay soared near 60% v. 25% total US econ '03-'13 ... Israel's Leviathian offshore NG reserves raised to 24.9TCF from 18.9. Online '16. Most to be exported ... Lebanon's govt postponed offshore NG auction ... Denton TX city council rejected petition to ban further permitting of fracking. Nov ballot ... US power use peaked in '06. Flat since. (Think about that awhile.)