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Thursday, November 21, 2024

Thursday -- November 21, 2024

Locator: 44369B.

Reprogramming and transferring: time for a re-look. My hunch: Trump and Homan consider immigration / deportation a national emergency.

  • the more Congress, Morning Joe, the more Trump will dig in.
  • amazing to listen to talking heads trying to explain that 100,000 undocumented violent criminals is trivial compared to the large number of otherwise hard-working, "legal" undocumented visitors

Keystone XL: speaking of a re-look?

Ford, Europe, EVs: the demise of ICE vehicles and gasoline will take longer than aspirations. Link here.

  • Ford to lay off 14% of its European workforce.
  • to lay off 4,000 EU jobs.
  • ticker F: lost 3% yesterday


Which brings us to this
: the sun is setting on European-style welfarism. Link here. The EU has several problems:

  • social welfare costs
  • immigration
  • high, high energy costs

Mercedes: plans to cut costs by several billion euros per year over next few years. Handelsblatt via Bloomberg.

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Back to the Bakken

WTI: $70.15.

Friday, November 22, 2024: 31 for the month; 91 for the quarter, 606 for the year

  • 40675, conf, CLR, Carpenter 7-13HSL,
  • 40585, conf, SOGC (Sinclair), Harris Federal 5-31H,
Thursday, November 21, 2024: 29 for the month; 89 for the quarter, 604 for the year
  • 40584, conf, SOGC (Sinclair), Bighorn 4-6H,
  • 40104, conf, Enerplus, Devils Canyon 147-97-17-20-6H,

RBN Energy: LCI hydrogen would help reduce GHG emissions, but major challenges loom.

Increasing the production of low-carbon-intensity (LCI) hydrogen is viewed by many as a way to help the U.S. reduce its greenhouse gas (GHG) emissions. But so far only minimal amounts of LCI hydrogen are being produced, raising the question of what it would take to significantly ramp up production without breaking the bank. In today’s RBN blog, we conclude a series on a National Petroleum Council (NPC) study on LCI hydrogen with a look at its recommendations for what the U.S. should do next.

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