Active rigs: 186
RBN Energy: excellent, excellent update on Canadian plans to ship crude oil by rail --
The saga of Western Canadian producers struggling to get increasing volumes of heavy crude to market in the US has not been pretty. In 2010 the rude interruption of surging Bakken crude output competing for space on pipelines built for Canadian crude contributed to a logjam in the Midwest. Now that logjam is finally unwinding and pipeline capacity to the Gulf Coast is opening up. And Canadian producers suddenly have the option to ship bitumen crude to market competitively by rail. Today we investigate why they may be hesitating to jump on board that train.I haven't done this in a long time. Time to view it again:
Global Warming
IceAgeNow is reporting that support for CO2 madness wanes.
On Friday, the Czech Republic denounced subsidies for clean but costly renewable energy and pledged to double down on its use of fossil fuels, writes Sean Carney in the Wall Street Journal.
“It followed Poland’s declaration that it would use its abundant domestic coal supplies for power generation rather than invest in costly renewable energy facilities.”IceAgeNow is also reporting that winter came three weeks earlier than last year to summer resort, Lake Tahoe.
“Beats last year by 3 weeks !” says reader Kenneth Lund.
First snow of the season at Heavenly ski resort at Lake Tahoe, California !!!!The Europeans are switching to coal. Germany will go broke if they stick with their aggressive renewables program. My hunch: Germany will silently dial back on the program.
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