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