October 29, 2015

Jack Kemp's weekly energy tweets:

• Total US crude and product stocks fell -3.7 million bbls last week, the largest one-week decline in three months
• US refineries have started to come back from the fall turnaround season and ramp up processing
• US crude and product stocks all well above the 10-year range, except for distillate fuel stocks which are smack dab in the middle and trending down
• US refineries pass midpoint of turnaround season; crude stocks rise more slowly; refined fuel stocks draw strongly 

From the EIA:

US propane exports surging --

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The Silly Season In Massachusetts 
Call It Their "Guilt Tax" 
The State Religion Folks Feel Guilty For Not Having Any Wind Power So They Impose A Carbon Tax To Make Them Feel Good

This will be good for the state: Massachusetts is considering a state-wide price on carbon.

Barrett laid out his plan in Senate Bill S.1747, one of two carbon price options before the legislature. Massachusetts joins five other states—Connecticut, Oregon, Rhode Island, Vermont and Washington—with proposed legislation exploring this option for cutting greenhouse gas emissions.

Although the idea of a carbon price is not new, it is increasingly seen as a key climate solution in the leadup to the U.N. climate talks in Paris in December.

Six major oil and gas companies, including BP, Shell and Statoil, have said they support carbon pricing. In recent weeks, Germany’s Chancellor Angela Merkel and Norwegian Prime Minister Erna Solberg voiced support for a global price on carbon. So have the heads of the World Bank and International Monetary Fund, along with many global leaders in business and politics.

It is very important to note where BP, Shell, and Statoil are headquartered when looking at this.

The really "funny" thing about all this is that if the truth be told, the folks in Boston would love slightly warmer winters. I know; I was there for four winters. Shoveling.

Wind power by state, Massachusetts:

• installed wind power: 107 MW (essentially zero in the big scheme of things)
• state ranking: 34th
• under construction 8 MW (LOL)
• number of wind turbines: 88 (107/88 = 1.2 MW/wind turbine = mom-and-pop operations
• Cape Wind throttled

The carbon tax will help those in Massachusetts who feel guilty. 

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The Silly Season 

For Algore's Contingency, It's Year-Round

I may have to add a new segment to the blog. I may have to steal something from Hillary Clinton. One of her favorite sayings is "this is the silly season" whenever she is personally attacked, and the attack actually happens to be accurate.

With the craziness coming out of the Algore contingency, we may have to add the "Algore silly season." It begins, of course, with the Algore assertion that rising CO2 levels might be making "us" less smart, or as Algore would say: dumb and dumber.

Now, today, the Washington Times is reporting that the US Energy Department says pumpkins cause climate change. The link is still loading; so slow I may not see it today.