Updates
Later, 2:24 p.m. CT: this is pretty funny. After several posts about the grids in the northeast (ISO-NY and ISO-NE), zerohedge now takes the baton. See zerohedge at this link; a reader sent met he link; saw the headline; did not read the story.
Original Post
ISO NE, take a look at this and see if you can see what catches my attention today? Link here:
Time to run through twitter:
- First Squawk: OPEC July oil output falls to lowest level since June, 2011 -- that would be almost ten years ago; wow [memo to First Squawk: need to quit with the ALL CAPS ALREADY]
- OOTT: "almost no growth in US crude oil production since December, 2018"
- OOTT: data for crude oil production in five plays including Colorado, and fails to mention the Bakken
- OOTT: US oil product exports up 1.125 million b/d; compare with 5.827 million b/d last week;
- OOTT: US crude inventories have declined by nearly 49 million bbls in the last seven weeks; doesn't mention when/whether EIA changed its method of calculating inventories
- Williston Herald: after delays, construction begins again on Williston's new Pizza Hut; it's been a year since ground was broken; apparently now near completion;
- Tom Steyer: still advertising; I didn't see his name on the list of those debating on stage; talk about tilting at windmills -- wants Nancy Pelosi to cancel Congressional 6-week summer break; yeah, like that will happen
Week 29
|
June 12, 2019
|
2.2
|
485.5
|
Week 30
|
June 19, 2019
|
-3.1
|
482.4
|
Week 31
|
June 26, 2019
|
-12.8
|
469.6
|
Week 32
|
July 3, 2019
|
-1.1
|
468.5
|
Week 33
|
July 10, 2019
|
-9.5
|
459.0
|
Week 34
|
July 17, 2019
|
-3.1
|
455.9
|
Week 35
|
July 24, 2019
|
-10.8
|
445.1
|
Week 36
|
July 31, 2019
|
-8.5
|
436.5
|
49.0
|
Nearly? I get 49.0 million bbls exactly.
Calendar, another non-sequitur. Impeachment is still on the table, but ...
- six week Congressional recess
- Democrat base mixed
- autumn session: budget
- Christmas / year-end holidays / recess
- spring: smack dab in the middle of the US presidential campaign
- interest wanes
- Pelosi knows that if the US House moves to impeachment, nothing else gets done
- was it mentioned in the debates last night
- haven't heard anything from the junior senator from Utah in, like, months (I almost said, "years")
- throw out nuclear -- barely changes from day-to-day, and natural gas makes up about 99% of fuel; it's the marginal fuel, regardless; wind/solar non-dispatchable
- coal, almost nonexistent, is still on the graph
- but look at this: so is heating oil, still on the graph and heating oil is at 3%; renewables at 5%
- natural gas can't keep up with demand
- after decades of grants, tax breaks, government mandates, Tom Steyer ads, faux environmental protests, etc, etc., renewables account for 5% -- which equals oil & hydro combined
Last nites debate, by the numbers, didn't even out draw Fox and MSNBC regular program schedule. Did not watch it, went fishing instead.
ReplyDeleteGood choice. I was barbecuing for Sophia and swimming.
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