Taco Tuesday -- That's About All I Can At This Moment -- February 4, 2025

Locator: 48469B.

AI art: link here. Maybe this will be important, but I doubt it.

Texas: relocation update. I think a reader sent me a screenshot taken from this article some days ago. The conclusion reached below may be art of the answer, but certainly oversimplified. The lack of state income taxes in Texas may have had something to do with. Also, the political climate in California vs that of Texas.

The market: it appears the US stock market has simply reset to a "new normal." We'll see. 

VisualCapitalist: a new link. I don't think it's going to be all that great as far as a new link goes but maybe once in awhile something entertaining will pop up.

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

WTI: $71.97. So much for tariffs / trade war driving up the price of oil. Link here. This certainly didn't age very well -- the story is all of one day old.

New wells:

• Thursday, February 6, 2025: 7 for the month, 53 for the quarter, 53 for the year, 
• 40456, conf, Hess, GO-Beck Living TR-156-98-2017H-4,
• 39390, conf, CLR, Goodson 2-21H,
• Wednesday, February 5, 2025: 5 for the month, 51 for the quarter, 51 for the year,
• None.
• Tuesday, February 4, 2025: 5 for the month, 51 for the quarter, 51 for the year,
• 39389, conf, CLR, Dalin 2-16H,

RBN Energy: despite challenges, global shipping eyes shift to lower-carbon bunker fuel.  

After successfully reducing emissions of pollutants like sulfur and nitrogen, the global shipping industry now is focused on ratcheting down — and eventually eliminating — its emissions of carbon dioxide (CO₂) and other greenhouse gases (GHGs). It’s no easy task. Crude-oil-based bunker like low-sulfur fuel oil (LSFO) and marine gas oil (MGO) are readily available, relatively inexpensive, and pack a lot of energy into each gallon. But GHG-reduction goals are in place, both globally and in the European Union (EU), and shipping companies are taking steps to meet them, initially with more LNG-fueled vessels and later with ships powered by clean methanol, clean ammonia and biofuels. In today’s RBN blog, we discuss the shift in bunker fuel consumption since IMO 2020 was implemented five years ago and the efforts to transition to even cleaner shipping fuels through the late 2020s and beyond.