Sunday, May 29, 2016

Harold Hamm Suggests CLR And South Korea Have A Deal For Bakken Crude Oil -- May 29, 2016

From ArgusMedia: Harold Hamm has announced a deal to sell Bakken crude oil to South Korea. Some data points:
  • Harold Hamm, CEO of CLR
  • Donald Trump's energy advisor
  • unclear whether deal has been finalized
  • CLR already partners with South Korea's SK Group on gas production in Oklahoma
  • there is no westbound crude oil pipeline across the mountains (my hunch: Gulf Coast, and then through the Panama Canal; see RBN Energy) 
  • transportation costs? South Korea offers refiners special incentives to import crude from sources other than in the Middle East in an effort to diversify its crude slate
Regular readers can probably figure out what Harold Hamm's plans are.

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An Incredible Indy 500

A rookie wins.

First time at the Indy 500.

An American.

A Californian.

Nevada City, CA.

Alexander Rossi now has his own wiki page.

Took a chance and did not refuel ... he ran out of fuel just after he crossed the finish line -- needed to be towed to victory lane.

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SR-71, RAF Mildenhall, 1989

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