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Saturday, September 18, 2021

ND No Longer #2 But Carbon Projects Help Offset Sting -- Lynn Helms -- September 18, 2021

Link here to Williston Herald

Oil prices:

  • Clearbrook: WTI + $0.05
  • Cushing (WTI): $71.60
  • LSS: WTI + $1.62
  • Brent: WTI +$3.29 ($74.89)

Crude oil production by state in very, very round numbers, bopd, 2020, link here:

  • in a league by itself:
    • Texas: 5 million bopd
  • it is what it is
    • GofM: 1.7 million bopd
  • bragging rights for #2 among states; both could see significant increase if price is right (and only if ND can attract fracking spreads);
    • NM: 1 million bopd
    • ND: 1 million bopd
  • next five:
    • Alaska: 0.5 million (iffy)
    • CO: 0.5 million (will struggle to do much more -- too many faux environmentalists)
    • OK: 0.5 million (probably maxed out)
    • CA: 0.4 million (iffy going forward, but no one cares)
    • WY: 0.3 (lots of talk but pretty marginal)
  • not one other state produces more than 0.1 million bopd; a handful of states produce 75,000 bopd
  • most surprising:
    • UT: with upwards of three trillion in reserves, produces all of 87,000 bbs oil per day; North Dakota produces that much every two hours;
  • sleeper?
    • LA? only 95,000 bopd but oil-friendly state and operators getting interested; it's hard to believe the Texas miracle stops at the state line.

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National Headlines

Q: What would be the nation's lead story if it weren't Covid-19?

A: Del Rio, TX.

The administration is playing us like a fiddle.

Liquor Shortage -- Oh, Give Me A Break -- September 18, 2021

The other day it was reported that Pennsylvania and North Carolina were experiencing a shortage of liquor, to the point that Pennsylvania was going to ration sales to two bottles per visit.

I was curious. I had not heard of this anywhere else.

Google:

Link here


Now, clicking on "news": Forbes, one month ago. North Carolina is first state mentioned. Odd. 

My "to-do" list today includes visiting Total Wine and More. I'll report back.

Tweet Of The Day -- September 18, 2021

Link here

I don't know which wind project is being referenced but this is a pretty good update of wind farm activities in West Texas. From The San Antonio Express-News dated July 6, 2020. Not yet behind a paywall. Archived.

Critics say that plans by Chinese billionaire Sun Guangxin to build wind farms on 140,000 acres he owns in Val Verde County will threaten the Devils River and also interfere with Air Force pilot training.

Critics say that plans by Chinese billionaire Sun Guangxin to build wind farms on 140,000 acres he owns in Val Verde County will threaten the Devils River and also interfere with Air Force pilot training.

Michael Fisher/ San Antonio Express-News