Friday, November 12, 2021

Two Wells Coming Off Confidential List -- November 12, 2021

California gasoline prices: highest in history: link to Julianne Geiger. And it could get a whole lot worse.

Some thoughts on banning US oil exports: from social media.

France? I thought the country was energy independent with all its nuclear energy. Now we see this: Cheniere to supply LNG from Texas under new deal with France's Engie.

Crude oil is back ... and it isn't going anywhere. Link to Tsvetana Paraskova

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Back to the Bakken -- Let's Go Brandon

Active rigs:


$80.06
11/12/202111/12/202011/12/201911/12/201811/12/2017
Active Rigs2315546652

Friday, November 12, 2021: 17 for the month, 20 for the quarter, 271 for the year:

  • 37500, conf,  CLR, Harrisburg 7-34HSL, Indian Hill, no production data,
  • 37384, conf, Petro-Hunt, Jorgenson 158-94-12D-1-3H, East Tioga, no production data, 

RBN Energy: greater EV adoption creates a disruptive predicament for US power grid. Archived.

Electric vehicles sit front and center in the effort to decarbonize passenger transportation, a movement that helped make Tesla’s Elon Musk the richest man in the world. Pair this with heavy attention to EVs from the broader car-and-truck market and the White House’s goal of 50% EV sales by 2030 and it makes you wonder how EVs will impact the energy and power-generation sectors. We’ve all seen how power grids can be overwhelmed during periods of extreme heat or cold, by relying too heavily on intermittent renewables like wind and solar, or — as many Texans saw last February — by interruptions in natural gas deliveries to gas-fired power plants. What might happen when we add tens of millions of power-hungry EVs to the mix? In today’s RBN blog, we discuss the impacts that scaling electric vehicles may have on energy and power markets and the power grid.

The push for plug-in electric vehicles (PEVs) — a subset of electric vehicles that includes all-electric, battery electric vehicles (BEVs) such as the Tesla Model S and the Chevy Bolt, and plug-in hybrid vehicles (PHEVs) such as the Honda Clarity and the Ford Escape PHEV — will disrupt current driving and power consumption norms and has the potential to have major market impacts. An early market worry ties to infrastructure needs, which are proving to be one of the biggest hurdles in the switch from internal combustion engines to EVs.

2 comments:

  1. That cartoon said it all. The caption from the goo sheik
    should have read "shut up man."

    Perhaps we could purchase a suit fitted with solar panels
    for dumb and dumber O'Biden. [aka joemala]

    - Hans

    ReplyDelete
    Replies
    1. That's an idea: a jacket with solar panels. LOL.

      Delete