So much going on, but as far as I'm concerned, I'm caught up. Time to do some reading. Maybe some proofreading of the blog. But first, one last check, the Drudge Report and Fox News.
It's "me-time" right now. If you came here for the Bakken, scroll down or check out the sidebar at the right.
Oh, by the way, before I get started, I really do appreciate the comments sent to me last evening by "Tom." He was willing to go farther/further out on the proverbial limb explaining current economic/financial events. I find the whole "recession" talk interesting: the Fed; the Treasuries; etc. Wow, I'm glad I don't watch CNBC any more. I assume Liesman, I forget his first name ... Steve? ... is having a field day explaining everything that's going on. I do miss Kudlow. Talk about cognitive dissonance.
Highlight of the past week: getting a better understanding of the geography, especially the waterways in and around NYC, from Long Island, east to Philadelphia west, and then north to Albany and south New Jersey, Trenton, or thereabouts. Two books:
- The Battle For New York: The City at the Heart of the American Revolution, Barnet Schecter, c. 2002
- Valiant Ambition: George Washington, Benedict Arnold, and the Fate of the American Revolution, Nathaniel Philbrick, c. 2016
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20,000 Households To See $23/Year In Tax Revenue With New Turbines
Portland, Oregon-based PacifiCorp plans to replace 68 wind turbines at the Foote Creek I wind farm with 13 turbines. The wind farm atop the barren and blustery ridge called Foote Creek Rim west of Cheyenne will continue to generate about 41 megawatts, or enough electricity to power nearly 20,000 homes.Not mentioned in the story:
- age of "old" turbines (but hints at 20-years old)
- actual amount of electricity provided vs nameplate capacity
- tax breaks for Berkshire Hathaway, et al
- amount of CO2 produced (FWIW) in construction and installation of these massive turbines
- whether any CO2 savings will actually be realized
- whether any CO2 savings were realized from the "old" turbines
- first commissioned in 1999
- $14 million in tax revenue for local counties
- wow, sounds like a lot
- but that's over 30 years
- $14 million / 30 years = $500,000 / year
- 20,000 households: $500,000 / 20,000 households = $23 / year = one cup of Starbucks coffee each month ... each month
Maybe I should post my disclaimer here.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, career, or relationship decisions based on what you read here or think you may have read here.
Gasoline demand. I almost forgot. Link here.
It looks like it is a time for a stand-alone post.
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