Friday, January 13, 2023

What We'll Be Talking About Today -- January 13, 2023

Updates

Friday, January 13, 2023: link here -- agree, 1,000% --

Original Post

This isn't supposed to happen:

Links later

  • FAA: this isn't supposed to happen either; the backstory here;
    • the good news: the shutdown only lasted a few hours; and in the middle of the night;
    • Buttigieg: "these glitches happen all the time" -- say what! Buttigieg completely owns it; he will never be held accountable; 
    • he will run for president

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Back to the Bakken

The Far Side: link here.

Active rigs: link here.

WTI: trending toward $80! Whoo-hoo!

Natural gas: $3.735.

Sunday, January 15, 2023:
38768, conf, Lime Rock Resources, Eleanor Twist 4-3-10H-143-95,
38195, conf, Hess, EN-Rehak A-LW-155-94-1423H-1,
36892, conf, Petroshale, Bowie Federal 3MBH,
27892, conf, CLR, Jersey FU 9-6H,

Saturday, January 14, 2023:
39015, conf, Kraken, Feller 15-22 7H,
38767, conf, Lime Rock Resources, Eleanor Twist 3-3-10H-143-95;

Friday, January 13, 2023:
36891, conf, Petroshale, Carson Federal 21-19A,
36177, conf, BR, George 2E MBH,
27883, conf, CLR, Jersey Federal 21-6H,

RBN Energy: tier 3 gasoline specs can handcuff production, but refiners have options, part 3.

Senior refining executives were called to Washington, DC, in June, around the time U.S. gas prices hit their high-water mark for the year, as the government sought recommendations about how to increase the supply of gasoline. One suggestion made to Secretary of Energy Jennifer Granholm was to relax sulfur specifications on fuels, including the Tier 3 gasoline sulfur specifications. But what is the connection between those rules and the U.S. refining system’s ability to produce gasoline? In today’s RBN blog, we explain how the Tier 3 rules constrain gasoline supply capacity in the U.S. and discuss ways to break free from those chains.

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