North Dakota On An Energy Roll -- Government $$$ For Hydrogen Hub; Now More For Electric Grid; Eight Wells Coming Off Confidential List Next Two Days -- October 19, 2023

Locator: 45820B.

Thursday, busy, busy, busy

• earnings reports continue to roll in;
• two huge speeches today: JPow and President Biden
• NFL: TNF -- JAX at NO

Tesla: Cybertruckwoes.

• too bad the UAW is on strike; what an opportuunity for F to take on Elon Musk

UAW:  no news now for several days;

• impasse on negotiations?
• Fain trying to salvage what he had?
• finally sees the light? 

Later: the box above -- posted after the original note -- as expected!

• GM says it can't meet demands without devastating effect;
• F has said the same thing
• UAW members grow "weary" after only five weeks -- really?
  
• putting that into perspective: military members deploy to the middle East for a year at a time; submariners go out for weeks at a time; a/c deploy on open-ended missions.
  
• poll: GM/F/Chryslers owners starting to look at Honda, Toyota, Nissan, Kia, VW, Volvo, Subaru, just to name a few options ...

Feature story today: rock-climbing -- if I have time.

************************************
Back to the Bakken

WTI: $87.35.

Friday, October 20, 2023: 49 for the month; 49 for the quarter, 619 for the year
37451, conf, Hess, EN-Abrahamson-155-93-3019H-9, Alger,
36778, conf, BR, Bailey-George 1A TFH-ULW, Pershing,
39328, conf, CLR, Arthur 6-12H, Little Knife,

Thursday, October 19, 2023: 46 for the month; 46 for the quarter, 616 for the year
39682, conf, Crescent Point Energy, CPEUSC Farthing 4-30-31-158N-100W-MBH, Church
39329, conf, CLR, Skachenko FIU 5-31H1, Jim Creek,
39281, conf, Oasis, Osprey 5401 43-22 2B, Todd,
37450, conf, Hess, Austin 105-1929H, Parshall,
36779, conf, BR, George 1B MBH, Pershing,

RBN Energy: DOE follows its blueprint in selection of clean hydrogen hubs.

If you’re vying for billions in federal dollars, a predictable selection process with measurable criteria is probably what you’re hoping to see. And while there was much speculation about what projects would be ultimately picked for the Department of Energy’s (DOE) regional clean hydrogen hubs initiative, H2Hubs, the selections made October 13 included no curve balls and matched the agency’s previous guidance. In today’s RBN blog, we’ll look at the selections and how they fit into the DOE’s stated criteria. 

We’ve been following the discussions about hydrogen hubs since the DOE announced details around the hub initiative in a Funding Opportunity Announcement (FOA) published in September 2022 that defined a hub as “a network of clean hydrogen producers, potential clean hydrogen consumers, and connective infrastructure located in close proximity.” The FOA set out the overall goals of the program: the creation of six to 10 regional hubs that would receive up to $7 billion in federal funding to help meet the Biden administration’s targets of producing 10 million metric tons per annum (MMtpa) of clean hydrogen by 2030, 20 MMtpa by 2040, and 50 MMtpa by 2050.