Tuesday, June 1, 2021

Is The Pandemic Over? June 1, 2021

Is the pandemic over? Not in countries "under-vaccinated." For countries reaching "herd immunity," it looks like the pandemic is over. The UK reported zero deaths from Covid-19. I assume that was in a 24-hour period. In the US, we should easily reach Biden's goal two weeks early.

Moderna becomes the second vaccine maker asking for full FDA approval. Pfizer/BioNTech applied for full approval on May 7, about a month ago.  

If this can be confirmed, this is quite remarkable, maybe one of the best vaccines out there: 

Moderna has been found to be more than 90% effective at protecting against Covid and more than 95% effective against severe disease up to six months after the second dose.

181 Free Doughnuts

And, yes, I qualify.

And, yes, there is a Krispy Kreme down the street from where I live. 

From Yahoo!Finance:

Krispy Kreme has been offering a free “Original Glazed” doughnut every day through the end of the year to vaccinated customers who bring their COVID-19 vaccination cards into participating stores. And in the roughly two months since the chain rolled out this free-doughnut-a-day promotion, Krispy Kreme has already given away a gut-busting 1.5 million doughnuts, the company revealed on Tuesday.

And customers who have received their single-shot Johnson & Johnson JNJ jab, or at least one of the Moderna MRNA and Pfizer PFE doses, can double-down on the deal this Friday
That’s because, in honor of National Doughnut Day on June 4, anyone (vaccinated or not) bellying up to a participating store gets a free doughnut of their choice. But customers who are also vaccinated against COVID can score their free daily glazed doughnut on top of that, which means they can score two treats gratis.

I just feel guilty walking in every day, and getting a free donut. LOL.

But not that guilty.

I don't think being rewarded for doing the right thing is the right way of going about these things, but anything to prevent another national lockdown. 

Oasis Is Back! Five New Permits For Oasis -- Welcome Back, Oasis -- June 1, 2021

Brent: $70.65 

Back to the Bakken

Active rigs, look at that, 67% more rigs than a year ago (by the way, the number of active rigs is less important than the number of operators with active rigs -- maybe a discussion for a later date):

Active Rigs2012646048

Five new permits, #38333 - #38337, inclusive:

  • Operator: Oasis
  • Field: Siverston (McKenzie)
  • Comments:
    • Oasis has permits for five Soto 5097 wells in lot 3 section 3-150-97;
    • the wells will be sited between 436' and 346' FNL and 1942' and 2039' FWL

Three permits renewed:

  • Petro Harvester: an FLX3 permit, a PTL4 permit, and an LIG2 permits, all in Burke County;

 Welcome back!

Covid-19 Vaccination Roll-Out Update -- June 1, 2021

CDC data here

The CDC did not report data on Monday, May 31, 2021, Memorial Day.

Based on the numbers released today, June 1, 2021, and doing the math based on the numbers released two days ago, Sunday, May 30, 2021, the number of folks getting their Covid-19 vaccinations was the lowest ever since I began tracking this back in January. Seldom has the number of folks vaccinated in a 24-hour period been less than a million. 

Sunday, May 30, 2021, and Monday, May 31, 2021, on average, only 737,695 vaccinations give each day.

 If everything was closed on Monday, Memorial Day, then the number of vaccinations given was a respectful 1,475,390 on Sunday, the day before Memorial Day.

Californians Can't Transition To EVs Fast Enough -- Gasoline Trending Toward $6 / Gallon -- June 1, 2021


Later, 1:21 p.m. CT: absolutely amazing. I suggested to a reader that the $6 / gallon gasoline pictured in the original post was from west Hollywood and that prices were probably higher out in the far east desert near the Arizona state line. 

It's generally higher out there simply because of the distance to transport gasoline and very few stations with huge traffic on the interstate with gas stations out there few and far between.

Right on cue, a reader sent this picture of one of those very, very busy service stations I used to visit on my cross country trips. It appears they've pulled the gasoline pumps and will be installing EV charging stations any day now. This is on the Arizona side of the state line. California requires warning signs regarding risk of cancer (Proposition 65).

You can fact check this by googling "Desert Center, I-10."

Original Post


  • Brent: $71.11 / bbl
  • WTI: $68.59 / bbl
  • Gasoline: $5.99 / gallon west Los Angeles

Back to the Bakken

Active rigs

Active Rigs2212646048

Wells coming off confidential list:

Monday, May 31, 2021: 38 for the month, 59 for the quarter, 140 for the year:

  • None.

Sunday, May 30, 2021: 38 for the month, 59 for the quarter, 140 for the year:

  • None.
Saturday, May 29, 2021: 38 for the month, 59 for the quarter, 140 for the year:
  • 36994, 2,433, MRO, Hull 41-28TFH, Chimney Butte, t12/20; cum 114K 3/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare

RBN Energy: OPEC+ supply management faces tests as crude oil market recovers

Much like the world at large, the crude oil market has been healing from the ravages of COVID-19. Overall, market conditions are far better than they were in April 2020, when global oil consumption, crushed by pandemic-related lockdowns, slumped to 80.4 MMb/d, a 17% decline from the start of last year and a 20% drop from April 2019. Demand has been rebounding in fits and starts for a full year now — recovering from downturns is what markets do. But this recovery has gotten a big assist: 10 members of the Organization of the Petroleum Exporting Countries (OPEC), acting in concert with 10 non-members, have restrained crude oil production in a program unprecedented in scale and duration. Now, oil prices are high enough to revive activity by some producers outside the so-called OPEC+ group. For at least the rest of this year, in fact, the market looks like a steel-cage match between crude supply subject to coordinated management and supply governed only by raw market signals. Today, we look at oil-market projections from three important agencies and estimate demand for oil not supplied by the OPEC+ exporters.