Sunday, August 11, 2019

In Round Numbers -- August 11, 2019

Crude oil
  • Permian: will eventually get to 8 million bopd
  • US Gulf Coast: well beyond 3 million bopd
  • Bakken: unfettered, 2 million bopd
  • US consumption: 20 million bopd
  • Current US production: 12 million bopd
  • Russian production: 11 million bopd
  • Saudi production: 10 million bopd, trending down
  • Saudi crude oil exports: 7 million bopd; to US, about 500,000 bopd
  • EU: consumption: 15 million bopd
  • China consumption: 13 million bopd
  • China imports: 12 million bopd
  • Global demand: 100 million bopd
My hunch: Michael Moore saw these numbers; and then saw the SoftBank numbers.

ISO-NY (link here):


  • Wind: 330 MW
  • Dual fuel (sounds better than COAL and natural gas: almost 20%
  • Natural gas: 17%
  • Other renewables: 286 MW and it includes methane

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