Friday, October 4, 2019

Notes From All Over, Part 2 -- October 4, 2019

AMLO cleans house: from Bloomberg -- that's about all you have to know -- "Aim-Low" replaced ten executives at the Pemex division that sets and monitors prices.

Oklahoma pipeline: another JV in the oil sector--
  • Holly Energy Partners LP
  • Plains All American Pipeline 
  • 50/50
  • 160,000 bopd, crude oil
  • Cushing crude oil hub to the Tulsa refining complex (HollyFrontier Corp)
  • about 60 miles?
  • $130 million; includes the existing JV Terminal contributed by Plains (valued at $40 million)
The next grand minimum: will the Thames freeze again? The reason I'm posting this -- it does a nice job of reminding us of the various solar cycles, the chronology, brief history. Link here.
  • Dalton Minimum (1790 - 1830) -- solar cycles 5 and 6
  • coincided with the Little Ice Age that disrupted the entire northern hemisphere
  • it was during this time that the Thames froze and agriculture in Britain and elsewhere came to a standstill
  • Cycles 25 and 26 will display much lower solar activity than the solar cycles of the Little Ice Age
  • NASA suggests: expect a potential period of cooling
  • solar cycle 25: 
  • will start in the year 2021 (January)
  • will last until 2031 (February)
  • solar cycle 26:
  • March, 2031, to February, 2041 
  • I was never taught "solar cycles" in school. I wonder if they teach it in Sweden? If so, Greta must have missed that day.
Nobel Peace Prize: speaking of Greta -- 100% sure she gets the Nobel Peace Prize. Well-played. Will be beatified by the Pope in 2119.