Thursday, July 5, 2018

Brits Like Higher-CO2 Gasoline More Than Diesel, T+35 -- July 5, 2018

From The Financial Times, do as I say, not as I do:
UK sales of new diesel cars fell by 30 per cent in the first six months of this year, as buyers shunned the once-dominant fuel in favour of higher-CO2 petrol
Diesel sales fell to 428,612 between January and June, compared to 613,985 in the same period a year earlier. 
Petrol sales climbed 11 per cent to 812,535, taking the fuel’s market share to 61.8 per cent, compared to 52 per cent a year earlier
Total UK car sales over the six months fell 6.3 per cent to 1.3m, as the market declined following years of strong growth. Sales in June slipped by 3.5 per cent, despite sales of new cars across Europe rising in the same month.
Chevron-exit?  Chevron getting ready to exit all UK central North Sea assets? Link and data points:
Chevron's presence in the U.K. North Sea spans more than 50 years, according to the company’s website, which highlights that on December 26, 1964, Chevron's joint venture operator Amoseas (American Overseas Petroleum Ltd.) drilled its first North Sea well, 165 miles offshore the United Kingdom.
And now it's leaving. 
Enbridge-exit? Enbridge agrees to sell its Canadian natural gas gathering and processing business
19 natural gas processing plants and liquids handling facilities --
  • total capacity 3.3 billion cf/day
  • 3,550 km of natural gas gathering pipelines
Nineteen gas processing plants. Sounds like a lot. But the state of North Dakota, alone, has about 34 NG processing plants and by 2020 will have a total capacity of almostt 3 billion cf/day
The North Dakota Pipeline Authority tracks the natural gas plants in North Dakota. Link here: https://northdakotapipelines.com/gas-plants/.
California spot prices for electricity will spike today, link here:


NYC: that heat wave?


No comments:

Post a Comment