Tuesday, February 9, 2021

Notes From All Over -- Mid-Day Edition -- February 9, 2021

WTI is dead! Long live WTI: 


Driving miles: 

Get woke! Go broke!

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And My Favorite

ISO NE oh-oh: one of the worst days ever, so far this winter. Link here. Graphics to follow.

  • coal: 5%
  • oil: 5%
  • renewables: 5% -- only is renewable energy not "holding its own" it's costing consumers even more as expensive alternatives required
  • Boston: paying $152 / WMh

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2 comments:

  1. AnonymousFebruary 9, 2021 at 3:59 PM

    Shale will crash the price. We have NOT learned our lesson. We are bad, bad boys. Who live to drill.

    https://twitter.com/MOAR_Drilling/status/1357485105544101888

    ReplyDelete
    Replies
    1. Bruce OksolFebruary 9, 2021 at 9:48 PM

      If you are correct, it will speak volumes about the shale revolution. It will be fascinating to follow. The good news, the European oil companies are pivoting to wind and solar. Some think we will need more rigs to offset that pivot.

      Delete

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