Friday, February 3, 2023

Wait Until The Wind Turbines Quit Turning — February 3, 2023

Updates
 
February 4, 2023: I don't recall seeing this before -- oil saves the day in New England -- natural gas is running about $2.50 -- amazing.....



The price went to $500 / MWH overnight.

Original Post

Boston: -8. Wind chill: -42. — Midnight, February 4, 2023.

Linkhttps://www.nbcnews.com/news/us-news/maine-braces-60-wind-chills-arctic-blast-forecast-northeast-rcna68950.
If there was any doubt about just how brutal Friday's conditions were in New England, look no further than New Hampshire's Mount Washington Observatory, where a wind chill of minus 101 degrees was recorded. 
And it's hardly an isolated case. 
Much of New England is dealing with a dangerous blast of winter. 
And a large swath of the nation, from the Great Lakes to the East Coast, and from the Mid-Atlantic to the U.S.-Canada border is facing extreme weather, too, as blizzards, snow squalls and hurricane-force winds were reported. 
In Southwick, Massachusetts, just outside Springfield, a storm is blamed in the death of an infant who was killed when winds knocked down a tree that fell and struck the vehicle the baby was in. The 23-year-old mother of the infant sustained serious injuries. 
Wind chill, a figure that represents the feels-like temp, reached the triple-digit mark at the nonprofit observatory in North Conway, New Hampshire, at 5:09 p.m., as wind gusts topped 100 mph.

Imagine -- Is Anyone Paying Atttention? February 3, 2023

Updates

February 8, 2023: more of the same --

February 4, 2023: let's add a fifth dot. Link here:

Later, 10:49 p.m. CT: I added a fourth dot.

Link here.

 Original Post

I haven't seen anyone yet connect these three dots. 

Link here.

Link here (highest profit, not revenue -- huge difference).

Gasoline demand:

Another Recipe For Disaster -- February 3, 2023

Rent And Disinflation -- February 3, 2023

Link here.

Where's The SecEnergy -- Anyone Heard Her Name Recently? February 3, 2023

Link here.

I Need A New Tag For BP -- Doing This For Twenty-Three Years -- February 3, 2023

Link here

Link here.

BP: oops, we did it again!

Oil's pipe dream

Projections: BP or XOM?

Why I haven't wasted time posting BP's projections

I doubt they did this on their renewables.

BP's prediction in 2020 of peak oil demand was wrong.

BP goes green. Two years ago.

BP's failed renewable energy predictions.

Transition to renewable energy won't lead to lower energy prices -- BP.

Forbes, August 4, 2020:

prwatch, May 3, 2010:


They've been doing this for twenty-three years and still aren't making money? ! ? ! -- LOL.

This Explains Refining Operating Capacity Reported By The EIA In Their Past Few Reports -- February 3, 2023

Think about this -- comparing US refiners and what's going on in the rest of the world, particularly China and Europe.

Link here.

Texas Renewables -- February 3, 2023

Link here.



Remember, We're In A Recession -- February 3, 2023

Link here.


Link here

Could it get any better?
  • for the oil investor: making record profits on $6-handle WTI; increased dividend and $75 billion share buyback -- COP; and,
  • for the American consumer: WTI drops 1% today; can't stay above $67

ISO NE: Oil -- 28% Of The Resource Mix -- Coal Doubles From Less Than 1% To 2% -- February 3, 2023

Heavy oil for New England has historically come from the Caribbean and Russia, not from the US. At one time CITCO (Venezuela) was the #1 provider (? -- neeeds to be fact-checked).

An Old XTO Well Shows Second Jump In Production -- February 3, 2023

The XTO FBIR Lawrencee wells are tracked here. In addition, the wells were updated today and posted here.

The well:

  • 20143, 1,794, XTO, FBIR Lawrence 24X-26B, Heart Butte, t5/12; cum 428K 12/19; off line as of 12/19; remains off line 1/20; has just returned to production, 11/22; t5/12; cum 490K 11/22; cum 497K 12/22; recent production/ 7K over 12 days extrapolates to 17K over 30 days; full production profile; 17K is greater than the initial production back in 2012; "the theory" says this is not supposed to happen:

Full production profile:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-20221269256824673038653492313
BAKKEN11-20222157024991430143
BAKKEN10-20221000000
BAKKEN9-20220000000
BAKKEN8-202274067521122612390
BAKKEN7-2022312825277515071430126050
BAKKEN6-20223024552534993133912180
BAKKEN5-20223125112507737114810430
BAKKEN4-20222921842191661975753129
BAKKEN3-20223128942840932159813330
BAKKEN2-2022282728268875511819920
BAKKEN1-20223129572900996149912760
BAKKEN12-20213129573007971148212420
BAKKEN11-202130299829821303151012930
BAKKEN10-202131318931411011164313800
BAKKEN9-202130310531611024147813580
BAKKEN8-202131342834331246157214390
BAKKEN7-202131254926022253127411760
BAKKEN6-202130268726031029142313050
BAKKEN5-202131295529501165162814940
BAKKEN4-202130327832781269171715740
BAKKEN3-202129308530931217170514560
BAKKEN2-202128335233331312182215740
BAKKEN1-202131418841911639212318240
BAKKEN12-202031520748542398184116880
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-20200000000
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-20200000000
BAKKEN4-20200000000
BAKKEN3-20200000000
BAKKEN2-20200000000
BAKKEN1-20200000000
BAKKEN12-20196410580934071570
BAKKEN11-2019302458243192821916380
BAKKEN10-2019312492279694423928350
BAKKEN9-2019302418246895724339680
BAKKEN8-20193126012404102424208820
BAKKEN7-20193128262616118023387770
BAKKEN6-20192319632050965171352883
BAKKEN5-2019211305145555913815120
BAKKEN4-2019302578259598424429710
BAKKEN3-20193127792655105018292230
BAKKEN2-2019282525261594416170294
BAKKEN1-2019282466246996818204880
BAKKEN12-2018312470257498011427710
BAKKEN11-201830298827911111141810370
BAKKEN10-201831300831581240153911380
BAKKEN9-201830289528791226145711730
BAKKEN8-20182424082264113611489190
BAKKEN7-2018211785181271411079150
BAKKEN6-201830278427601084149212000
BAKKEN5-201831266827991112177514720
BAKKEN4-201830286228581113169714050
BAKKEN3-201831287030341142191715320
BAKKEN2-201828279226421077187615180
BAKKEN1-201831306030631135185414760
BAKKEN12-201731323331331269195115660
BAKKEN11-2017302806287910911587834428
BAKKEN10-20173128352875112719361044536
BAKKEN9-2017303035294211702138964882
BAKKEN8-20173132883281112120691615151
BAKKEN7-20172728512955117115911129203
BAKKEN6-20173031023061126017541217255
BAKKEN5-20173133633280134818871438146
BAKKEN4-2017303386339313131971161069
BAKKEN3-201731341034131327187914930
BAKKEN2-20172833553312131719381444132
BAKKEN1-201720223021839241317738347
BAKKEN12-20163033633406123819491448138
BAKKEN11-2016303513355714122490209111
BAKKEN10-2016313747373714612449198372
BAKKEN9-2016303624363014222334202219
BAKKEN8-20163138163861142224702046129
BAKKEN7-2016313850382415832259192830
BAKKEN6-2016303821385415422265193538
BAKKEN5-20163139763978156823011791209
BAKKEN4-20163039163804152222571580388
BAKKEN3-20163142724294156623371506440
BAKKEN2-20162940243972150522711354559
BAKKEN1-20163140154068174626972016283
BAKKEN12-20153149054994176227082076236
BAKKEN11-2015304560448017852724225586
BAKKEN10-2015314946510619732828235971
BAKKEN9-20153049204940199527202304130
BAKKEN8-2015738023828722178120
BAKKEN7-2015314684469619072702230991
BAKKEN6-201530458345531883261023118
BAKKEN5-2015314711475720182635232210
BAKKEN4-201530479047291981259323020
BAKKEN3-2015314623458418782509204076
BAKKEN2-2015284285430018172394196375
BAKKEN1-201531496252571862308612211467
BAKKEN12-201431539158562092340616801328
BAKKEN11-201413201615558321297650491
BAKKEN10-201431499654352078318117861012
BAKKEN9-20143048264328607232192505247
BAKKEN8-201431562557197960349120631305
BAKKEN7-20142948774930273852534825304
BAKKEN6-2014305326517621155617546532
BAKKEN5-201431569156622284402315862314
BAKKEN4-201430579355752289519839441134
BAKKEN3-201431686867812766620144761601
BAKKEN2-20145142313306659360871
BAKKEN1-20142139074357161024961660732
BAKKEN12-201331625960922429815616776355
BAKKEN11-20133060736020239576753427213
BAKKEN10-201331608861302383771907596
BAKKEN9-201330609260802405768707567
BAKKEN8-20133164516471260181921527916
BAKKEN7-201331655065122472908919047061
BAKKEN6-201330638662842435911721506847
BAKKEN5-2013311017410332458313276161611536
BAKKEN4-2013301175411708517614893014773
BAKKEN3-20131327752625118037992673408
BAKKEN2-2013267090714828349146968938
BAKKEN1-20132990959227354911714111589
BAKKEN12-20123112958128594889144979914336
BAKKEN11-20122257406020175957685095199
BAKKEN10-20123181018100244349885104416
BAKKEN9-20123083588313268253236964567
BAKKEN8-20123111104109773259849213087122
BAKKEN7-20123113796141135017524726832502
BAKKEN6-201230169171671371161075345816112
BAKKEN5-20123114752142391645512507121211249