Hope springs eternal, link here:
Gasoline demand soars, link here:
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Back to the Bakken
Active rigs: 45.
Peter Zeihan newsletter.
WTI: $69.42.
Natural gas: $2.218.
Thursday, March 23, 2023: 76 for the month: 238 for the quarter, 238 for the year
39107, conf, Kraken, Rose 16-21 4H,
39165, conf, CLR, Micahlucas 14-5HSL1,
39106, conf, Kraken, Rose 16-21 3H,
38442, conf, Hess, EN-Sable-157-93-3534H-3,
RBN Energy: could Canada's emerging renewable diesel replace US imports?
The buzz and activity around renewable diesel (RD), a chemically identical “drop-in” replacement for traditional petroleum-based diesel, continues to grow. The goals with RD, which is produced from renewable feedstocks, are to reduce the need for petroleum and to lower life-cycle greenhouse gas (GHG) emissions — critical steps in meeting climate agendas in many countries. Canada recently enacted legislation designed to promote the domestic production of RD as part of a broader emissions-reduction strategy. In today’s RBN blog, we take a tour of the newly emerging RD production sector in Canada and examine whether it could one day replace imports from the U.S.
The world’s push to lessen its dependence on petroleum-based fuels remains unrelenting. From both a climate perspective and a desire for greater self-reliance, many nations have been attempting to reduce their petroleum dependence by increasing efforts to produce more homegrown fuels — literally, in RD’s case, given that its primary feedstocks are the oils derived from agricultural products such as canola and soybeans. [Think North Dakota.]
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