Saturday, April 25, 2020

My First Question: So What? -- April 25, 2020

From twitter:

Two comments:
  • the numbers may be bogus, but the trend / optic is accurate -- Saudi emptied its on-shore storage in March / April, 2020
  • this is global storage; most of it may be in Saudi Arabia, but the kingdom has storage including but not limited to throughout the Middle East, Rotterdam, and the US
The first question is "so what?"

The next question is "why" did they empty their on-shore storage in the manner that they did?

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Tomorrow Night

Tomorrow Night, Jennifer Warnes
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Vegetative Or Dead: Kim Jong Un -- April 25, 2020

Time Line

April 26, 2020, morning: US president Trump and South Korean presidential aide both suggest Kim is alive; the SK presidential aide, saying "alive and well." US intelligence agency reporting no unusual military movements in North Korea which they would expect;

April 26, 2020, 10:10 a.m. CT: KPOK radio in Bowman just reported Rocket Man is DEAD. 10.10 AM cst8:59 p.m.

April 25, 2020: US senator Lindsey Graham says he would be surprised if KJU not dead or incapacitated. Washington Examiner. One would think Graham would have coordinated with Trump before talking.

London Mirror: around 9:00 p.m. Central Time, Saturday, April 25, 2020 -- botched heart surgery.

4:04 p.m. CT, April 25, 2020. meet Kim Yo Jong, KJU's sister and possible successor. Forbes.

Tweet: TMZ broke news late afternoon, Central Time, Saturday, April 25, 2020.

New York Post, Fox News: early afternoon, Central Time, Saturday, April 25, 2020. Reports.
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New Gas Processing Plant Proposed Near Williston -- April 25, 2020

Link at Williston Herald:
  • B. Sanderson Gas Processing Plant, Williams County, siting application, PSC hearing, April 24, 2020;
  • OE2 North proposing to build a 250 million cfpd gas processing plant
  • $150 million project
  • 39 acres of a 143-acre parcel owned by OE2
  • if construction begins by mid-April, could be completed by December 15, 2020;
  • 15 miles west of Williston, near the Montana border with Roosevelt and Richland counties
  • will serve XTO production in Williams County
  • will help reduce flaring in that area by as much as 25,000 tons/year
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US Delays Oil Pipeline Approvals After Environmental Ruling -- April 25, 2020

Link here.
BILLINGS, Mont. (AP) — The U.S. Army Corps of Engineers has suspended a nationwide program used to approve oil and gas pipelines, power lines and other utility work, spurred by a court ruling that industry representatives warn could slow or halt numerous infrastructure projects over environmental concerns.
The directive from Army Corps headquarters, detailed in emails obtained by The Associated Press, comes after a federal court last week threw out a blanket permit that companies and public utilities have used for decades to build projects across streams and wetlands.
The Trump administration is expected to challenge the ruling in coming days. For now, officials have put on hold about 360 pending notifications to entities approving their use of the permit, Army Corps spokesman Doug Garman said Thursday.
The agency did not provide further details on types of projects or their locations.
Pipeline and electric utility industry representatives said the effects could be widespread if the suspension lasts, affecting both construction and maintenance on potentially thousands of projects. That includes major pipelines like TC Energy’s Keystone XL crude oil line from Canada to the U.S. Midwest, the Mountain Valley natural gas pipeline in Virginia and power lines from wind turbines and generating stations in many parts of the U.S.
“The economic consequences to individual projects are hard to overstate,” said Ben Cowan, a Houston-based attorney with Locke Lord LLP who represents pipeline and wind energy companies. “It could be fatal to a number of projects under construction if they are forced to stop work for an extended period in order to obtain individual permits.”
Wow, are "we" nuts or what? Wow.
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Week 17: April 19, 2020 -- April 25, 2020

Top energy story of the week:
Favorite video:

Best news all week:
Biggest non-story of the entire week:

Top international story of the entire week:
Top international non-energy story:
  • Coronavirus
Top international energy story:
Top national non-energy story:
  • Coronavirus
Top national energy story:
Top North Dakota non-energy story:

Top North Dakota energy story:
Geoff Simon's top ND stories (does not include stories posted elsewhere on this page):
Operations:
Operators:
  • CLR to suspend Bakken production;
Advantaged oil:
Fracking:

Bakken economy:
Commentary:
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