Thursday, August 17, 2017

The Market And Energy Page, Part 2, T+209 -- August 17, 2017 -- Gasoline Demand: Close But No Cigar!

Close but no cigar (source): gasoline demand came close to beating last year's record demand, but didn't quite do it. It will be interesting to see how gasoline demand is affected by the "great migration" on/about August 21, 2017. They say this will be the greatest one-week migration in the history of the US.


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Fracking In Illinois

First well to be fracked in Illinois -- getting close.

Link here. Data points:
  • White County, just north of Enfield
  • Woodrow No. 1H-310408-193: vertically, 5,280 feet (exactly one mile vertically); horizontally: 4,780 feet
  • permit application last June (2016) but put on hold while details worked out
  • if permit issued, it would be the first for Illinois
  • former governor signed legislation in 2013 to allow fracking in Illinois
Also here

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Firing In Nebraska

UNP to lay-off 750 employees, mostly in Omaha, NE.

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