Monday, April 16, 2018

Why I Love To Blog -- I Learn So Much From Readers -- And Readers Seem Better Able To Put In Perspective What CNBC Cannot -- April 16, 2018

Reading the business news and all the new oil and gas projects and all the infrastructure going in, I was absolutely certain "we" were at risk of "over-building." Apparently not. This from a reader who knows the subject very, very well; it came in as a comment at another post:
To put some context to supply/shortage/US NGL potential ...  feedstock supply is dwindling on the global stage. 
Right now, in the US, oversupply of ethane is resulting in about 600,000 barrels a day rejected back into the pipelines. 
That is, due to the current infrastructure shortage, ethane that could supply 6 large crackers is simply being burned along with methane. 
The US has a HUGE advantage on the world stage with rock bottom, ample supply of feedstocks along with cheap electricity to run the operations.
See Houston Chronicle link at this post.

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Tesla Temporarily Shutting Down Model 3 Production. Again.
Second Time In Three Months

I'm only posting this because I find it absolutely fascinating.




The story is everywhere, but here is one link.

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