Saturday, November 15, 2014

Quick Note On Permits For 2014 -- November 15, 2014

See this post for background. In that post, earlier in November, North Dakota was on track to issue 3,016 permits.

As of Friday, November 14, 2014, North Dakota is on track to issue 3,034 oil and gas permits this year.


This is what POTUS said about the Keystone XL, justifying his decision to kill the project:
"Understand what this project is: It is providing the ability of Canada to pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else. It doesn't have an impact on US gas prices."
I can't make this stuff up. 

And I used to think some of the questions being asked at the original Bakken discussion group were ...

It never quits, does it? The lunacy.
"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." -- commonly attributed to Albert Einstein.

We stopped at a sandwich shop on the way home from the swimming meet today. Today's issue of the Ft Worth Star-Telegram was hanging on the bulletin board. The front page, headline story: ObamaCare premiums will go up about 20%, but one might be able to find less expensive policies if one looks around, and switches from their current policy to a new policy. Or so they say. I can't believe that from here on out, folks are going to be looking for new health care policies every year. But if you like the policy you have, you can keep it. For about 20% more.

And people complain about their cable television "premiums" which also seem to go up every year, but only about 3%.

Speaking of ObamaCare, I see the Washington State on-line healthcare exchange "crashed." Send out an S.O.S. 

This Can't Be True!
Fox Business Network anchor Melissa Francis dropped a bombshell on her show Friday, revealing that when she worked at CNBC, she was silenced by management for questioning the math behind ObamaCare on television.
In the shocking clip that has picked up major traction on social media, Francis explains that she is not surprised by the lack of media coverage of "Grubergate" because many liberal media outlets are all too happy to help the architects of ObamaCare cover up the truth.

"When I was at CNBC, I pointed out to my viewers that the math of ObamaCare simply didn't work, not the politics, by the way, just the basic math," Francis said.

"And when I did that, I was silenced. I said on the air that you couldn't add millions of people to the system and force insurance companies to cover their preexisting conditions without raising the price on everyone else."

"I pointed out that it couldn't possibly be true that if you like your plan, you can keep it," Francis said. "That was a lie. And in fact, millions of people had their insurance canceled."
A Note to the Granddaughters

I absolutely love this apartment, 787 square feet, one bedroom, one bath. The apartment is about the size of one of Algore's walk-in closets, I suppose.

It's not as cold in north Texas as it is in North Dakota, but it is cold, and it will freeze tonight, but I work very hard at not turning on the heat. A few minutes ago my wife asked me to get her a comforter -- lying on the sofa, enjoying a DVD together -- I walked over to the bedroom, got the comforter, and brought it out to her. 

I asked my wife how far I would have had to walk had we lived in a McMansion ... down the hall, up the stairs, down the hall, to the master bedroom, and then back....

I absolutely love this apartment, 787 square feet, one bedroom, one bath.

Philadelphia's Resurgence On The Shoulders Of The Bakken And The Marcellus; Global Warming: 5,000 - 2,000 BC Versus Global Warming: 2014 - 2015

Regular readers are very, very aware of this story: the resurgence of Philadelphia due to Bakken oil. This was one of many posts regarding this story, posted back in October, 2013.  Today, two readers sent me the link to this story -- the resurgence of Philadelphia due to Bakken crude oil and Marcellus natural gas. It's quite a story. CNBC News is reporting:
With little fanfare, Philadelphia is undergoing a revolution powered by the U.S. energy renaissance. Renewed investment and activity in the region's sprawling railway network and aging infrastructure is turning the City of Brotherly Love into a potential energy hub that some believe can rival Houston.
Energy experts cite two major factors working in Philly's favor: it's proximity to the booming Marcellus Shale, where 5,400 shale wells churned out nearly 2 trillion cubic feet of natural gas during the first six months of the year; and the city's bustling commercial railroad system, which has made it a transit point for oil being shipped from North Dakota's Bakken formation.
Along the Northeast corridor, "there are maybe six distribution pipeline proposals for natural gas," said Vincent Devito, a law partner at Boston-based Bowditch & Dewey. "A lot is intended for exports and the quickest and easiest way is through Philadelphia's infrastructure." 
President Obama should visit. See a pipeline. See a railroad. See economic activity. LOL. 

Global Warming: 5,000 - 2,000 BC

I can't make this stuff up.

In an article on an "extraordinary find" (human footprints), Life Science is reporting:
The Stone Age footprints were likely formed sometime between 5,000 B.C. and 2,000 B.C., Jensen said. At that time, the water level of the Baltic Sea was rising due to melting glaciers in northern Europe. 
I can't make this stuff up.

I assume the warming was due to CO2 emissions from all the wood-burning SUVs the stoners were using at that time.

By the way, back in 2008/2009, Algore predicted that the Arctic ice cap would be completely gone by 2013.
Global Warming: 2014  - 2015 AD

ABC News is reporting:
Cold temperatures and snow across the Great Lakes in November is certainly nothing out of the ordinary, but this morning, a layer of ice was visible on parts of Lake Superior in Ashland, WI.
While this may not seem unusual given the current stretch of unseasonably cold temperatures, it is actually several weeks earlier than normal.
The first sightings of ice on Lake Superior and the Great Lakes overall usually occur during the beginning to middle of December. However, a perfect combination of last season's record ice coverage, cooler summer temperatures, and an early blast of arctic air this fall has allowed for areas of ice to form earlier than normal for the second year in a row. 
Note: for the second year in a row

I can't make this stuff up, either. And I doubt ABC News would. If you actually go to the linked story, be sure to read the comments.

Week 46: November 9, 2014 -- November 15, 2014 -- A Lot Of Big Stories This Week, Seven Years Into The Boom

Crude oil price slump
Reuters essay
Will Saudi kill US shale oil industry?
US shale industry "circling the wagons" -- Financial Times
Halcon to cut five (5) from 2015 drilling program
Oil price slump, fracking -- game over -- Forbes

New crude oil production record
New record IPs set (two)
EOG reports a well with almost 150,000 bbl production in less than five months
Oasis reported eight (8) wells Thursday
State quarterly lease sales results

Crude oil stabilization
NDIC to require oil to be "stripped" of volatile gases before shipping by rail (CBR) ; also at WSJ
Post citing WSJ

BNSF to cut back on oil shipments to east rail traffic jam

New low; operators choking back production to meet new flaring rules

New record set: 94-stage and 102-stage fracks in the North Dakota Bakken
MRO's re-fracking program in the Bakken
10 of 12 wells to DRL status

Double H pipeline completed?
Economics no longer make Keystone XL viable -- CNBC

Williston sets new building permit record; almost one-half billion-dollar building program
Construction on new $57 million Williston High School begins
Papa John's, Culver's Restaurant, permanent FBI field office

Reader notes no drilling under Missouri River in center of reservation 
Bloomberg interviews Harold Hamm
Samson Resources Bakken assets in play?
Polar vortex will affect North Dakota Bakken