I don't like it. You could show the same information better in some sort of an x-y graph with API gravity and percent S as the axes. I don't get the arrangement other than that. Also, the information on production amount is very helpful, but you have to click the box to get it. Just have the redundant (versus coordinates) in text.
Maybe just a table of all the info would be best. One that is sortable by gravity, %S, and amount of production.
It does go to an analysis that I have never seen, but would love to: a pie chart of oil by API gravity for the world. Can do it for lower 48, based on the 914 API gravity report. But never seen it for the world.
I haven't watched it yet, so I can't comment specifically.
What interests me is that until the Bakken shale revolution, folks like me never knew there were different kinds of oil or the importance of the different kinds of oil. Now "everyone" knows the important of light vs heavy oil, and even more importantly, sweet, sour, dirty, bitumen, heavy sands, etc.
The best part is all the peak oilers getting hoisted by their petards. 10 years ago, they knew about tar sands...so they would say "ok...maybe there will be more oil, but not light sweet WTI". And then the whole shale revolution has been, what? (WTI!)
Now, with shale rocking, you have them whining and calling the shale stuff cat piss. They're very illogical too. SAy that nobody wants it. But then where is it all going? And why is it still usually selling at a premium to medium sour? Maybe a lower premium but a premium. Then again noting peakers as illogical or whiney is like noting more examples of water being wet.
That reminds me, seriously. I have been planning to note this in a one-line stand-alone post but I keep forgetting. "Oilprice" -- the poster site for peak oilers -- is quick to point out when Bakken production is declining. But to date "oilprice" has not posted a story that North Dakota reported an all-time record production in the most recent Director's Cut, for June, 2019, data.
Oilprice started with a peak oiler slant and you can still see that at times from the founder. They basically decided to swing to being more mainstream, less kooky, because that's where the dollars were. Although you still see the old traits emerge at times.
There's also a wide variation in stories. A lot of it is trite rehashes, but every now and then one of the lady authors (not the founder) writes something thoughtful.
There's also a general tendancy of oil price bulls to embrace a light form of peak oil. They're kinda different than the sandal wearing peak oiler crowd. They like owning oil company stocks. Just want a high price, from scarcity. The OP founder started on the kook side of the peak oilers and has been trying to move to writing for the price bull side.
Chris Martensen and Nelder (forget first name) are similar, but are still deep in the kook fringe. Berman is trying to reposition himself to be a little more commercially relavent but is really still deep in the ASPO protesting outside the DOE (no joke, he did this) kook fringe. Robert Rapier, to his credit, saw the kookiness very early and left the TOD crowd to reposition, successfully to the oil price bull light peak oil area. (And then still got his ass kicked by shale oil AND gas!)
Wow, thank you, seriously. I have had trouble with "oilprice." They have such good information periodically I want to "like" the site, but it's difficult with their history. But your background helps a lot, and the fact that there are others who can begin to "accept" the site for what it is helps me out. Much appreciated. Thank you for taking time to write a long, thoughtful note.
This product is user generated. And out of date. But it's much more convenient than the periodic table of the vegetables. If you did same thing with the Platts data (and add a column for the amount of production) I would prefer that. The Platts thing screams of look cool rather than be useful. Only reason I'm making a point of it is the topic and the data is very important.
Then again, I hate the bar chart races. Rather see a line graph.
I don't like it. You could show the same information better in some sort of an x-y graph with API gravity and percent S as the axes. I don't get the arrangement other than that. Also, the information on production amount is very helpful, but you have to click the box to get it. Just have the redundant (versus coordinates) in text.
ReplyDeleteMaybe just a table of all the info would be best. One that is sortable by gravity, %S, and amount of production.
It does go to an analysis that I have never seen, but would love to: a pie chart of oil by API gravity for the world. Can do it for lower 48, based on the 914 API gravity report. But never seen it for the world.
I haven't watched it yet, so I can't comment specifically.
DeleteWhat interests me is that until the Bakken shale revolution, folks like me never knew there were different kinds of oil or the importance of the different kinds of oil. Now "everyone" knows the important of light vs heavy oil, and even more importantly, sweet, sour, dirty, bitumen, heavy sands, etc.
The best part is all the peak oilers getting hoisted by their petards. 10 years ago, they knew about tar sands...so they would say "ok...maybe there will be more oil, but not light sweet WTI". And then the whole shale revolution has been, what? (WTI!)
DeleteNow, with shale rocking, you have them whining and calling the shale stuff cat piss. They're very illogical too. SAy that nobody wants it. But then where is it all going? And why is it still usually selling at a premium to medium sour? Maybe a lower premium but a premium. Then again noting peakers as illogical or whiney is like noting more examples of water being wet.
That reminds me, seriously. I have been planning to note this in a one-line stand-alone post but I keep forgetting. "Oilprice" -- the poster site for peak oilers -- is quick to point out when Bakken production is declining. But to date "oilprice" has not posted a story that North Dakota reported an all-time record production in the most recent Director's Cut, for June, 2019, data.
DeleteOilprice started with a peak oiler slant and you can still see that at times from the founder. They basically decided to swing to being more mainstream, less kooky, because that's where the dollars were. Although you still see the old traits emerge at times.
DeleteThere's also a wide variation in stories. A lot of it is trite rehashes, but every now and then one of the lady authors (not the founder) writes something thoughtful.
There's also a general tendancy of oil price bulls to embrace a light form of peak oil. They're kinda different than the sandal wearing peak oiler crowd. They like owning oil company stocks. Just want a high price, from scarcity. The OP founder started on the kook side of the peak oilers and has been trying to move to writing for the price bull side.
Chris Martensen and Nelder (forget first name) are similar, but are still deep in the kook fringe. Berman is trying to reposition himself to be a little more commercially relavent but is really still deep in the ASPO protesting outside the DOE (no joke, he did this) kook fringe. Robert Rapier, to his credit, saw the kookiness very early and left the TOD crowd to reposition, successfully to the oil price bull light peak oil area. (And then still got his ass kicked by shale oil AND gas!)
Wow, thank you, seriously. I have had trouble with "oilprice." They have such good information periodically I want to "like" the site, but it's difficult with their history. But your background helps a lot, and the fact that there are others who can begin to "accept" the site for what it is helps me out. Much appreciated. Thank you for taking time to write a long, thoughtful note.
DeleteHere's a sortable table. You can click on the little arrows to sort high to low or low to high, by each column.
ReplyDeletehttps://en.wikipedia.org/wiki/List_of_crude_oil_products#List_of_crude_oil_products
This product is user generated. And out of date. But it's much more convenient than the periodic table of the vegetables. If you did same thing with the Platts data (and add a column for the amount of production) I would prefer that. The Platts thing screams of look cool rather than be useful. Only reason I'm making a point of it is the topic and the data is very important.
Then again, I hate the bar chart races. Rather see a line graph.
I'll move the link into the main body of the blog for easier access. Thank you.
ReplyDelete