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Monday, April 9, 2018

Bakken Production Up 24% Year-Over-Year --- April 9, 2018


Zuckerberg: bans another data mining company. But only after NBC brought it to public attention. No link; story easily found.

Again: Permian bottleneck could impact global oil market -- oilprice.com 

Enough is enough! KMI ready to call it quits. Trudeau tested. From The WSJ -- KMI ready to call it quits on the Trans Mountain pipeline expansion -- says politicians can't get their act together.
KMI threatened on Sunday to scrap its proposed expansion of the Trans Mountain pipeline if Canada’s provincial and federal governments cannot resolve their differences over the project by May 31.
The ultimatum, in which the energy company also declared it was halting all “nonessential” spending on the project, raised the stakes in the dispute over the pipeline expansion, which has been opposed by British Columbia, angering neighboring Alberta.
“We have determined that in the current environment, we will not put KML shareholders at risk on the remaining project spend,” said Kinder Morgan Chief Executive Officer Steve Kean in a statement.
The company cited “continued actions in opposition” to the project by British Columbia in pushing the company to making the ultimatum.
The company said it would consult with stakeholders until May 31 but would find it difficult to move forward if progress hasn’t been made by then, company spokesman Dave Conover said.
How much is the delay in completing the Trans Mountain pipeline costing the faux environmentalist Trudeau? I don't know, but to put it in perspective, the DAPL, much smaller than the Trans Mountain, from an earlier post:
DAPL adding $10 million / month to ND coffers; DAPL alone would have paid for schools in Williston in less than a year
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Back to the Bakken

Bakken boom: year-over-year (2017 vs 2016) -- production up 24% -- Filloon.

Active rigs:

$62.484/9/201804/09/201704/09/201604/09/201504/09/2014
Active Rigs58493193191

RBN Energy: Permian natural gas is increasingly headed to somewhere in middle America.
Permian Basin natural gas production is growing at a torrid pace. After starting 2017 just below 6 Bcf/d, production is set to breach the 8-Bcf/d mark soon on its way to 10 Bcf/d by the end of 2019. Pipelines flowing out of the basin are coming under increasing strain, and just about every single gas pipeline leaving the Waha hub in West Texas is now being utilized at levels not witnessed in years — if ever. Even routes north from the Permian to the Midcontinent and Midwest markets, traditionally only attractive on the coldest winter days, are starting to look viable year-round. Today, we look at recent gas-price and flow trends in the Permian natural gas market.
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The Trade War Page


The mainstream media might fact check this, but they won't report what they find.
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The Tesla Page

From twitter --



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US Health Page

Clearing out my inbox.

Cost of Narcan. Link at Business Insider.

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