Later, 11:04 a.m. CT: the answer to my question regarding Norway and ethane, see comments.
If you follow the Marcellus, you'd have heard the (very cool) stories.
Basically INEOS has crackers in Norway that use ethane (and it seems like they sort of prefer that to naphtha). They actually did a very cool "hail Mary" type of play where they built special ships to transport ethane (it's like methane/LNG more than like propane/butane...have to have special chilled carriers for it, not just pressurized tanks.).
And even invested in more ethane capacity in Europe. This actually made huge sense when oil was at $100 pre-2015 (thus naphtha expensive) and ethane had already crashed in North America from the shale gas miracle. But even now with oil at $50, it's a decent play. More and more ethane getting exported to overseas crackers.
INEOS even called their ships "dragons." Very ballsy move. Basically these guys saw the shale gas miracle and believed in it and invested accordingly (to be the customers/midstream of shale gas, but in an innovative way).
Paging Art Berman!
https://ihsmarkit.com/research-analysis/why-international-buyers-import-us-ethane.html.
Original Post
US ethane exports, by destination:
Why does Norway need all that ethane? That's what intrigues me. And look how small the Chinese market is for US ethane.
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Mermaids: Where Do THEY Pee?
This morning on the way to Tutor Time, Sophia holding her mermaid doll, asked me if mermaids peed?
I said all animals pee, so yes, her mermaid -- from "The Little Mermaid" -- Ariel (?) pees.
Sophia, of course, asked where and I told her in the ocean. That grossed her out but I told her the ocean was very, very big and it was not a big deal to pee in the ocean (as opposed to plastic straws, said no one ever).
She then said, and I kid you not, the "Marianna Trench is probably filled with pee and poop."
I almost drove through the red light. LOL.
I said she would have to ask her dad about pee and poop in the Marianna Trench since he was a nuclear submariner and had visited the Marianna Trench.
Sophia, never missing a beat, told me that her dad had never gotten to the Marianna Trench. Only "Nifteens" or something like that had gotten to the trench. I could not understand what she was saying, "Nifteens?" -- so she told me she would show me on YouTube when she comes home tonight.
I don't know. I'll have to ask her about "the baby shark" song tomorrow.
