The lede:
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Oakland, California Public School Enrollment
Very, very interesting.
Link here. I always find it interesting the big stories that don't make the evening news ... or any news for that matter.
Putin's War: Saudi ends up being a winner. On many levels. Also, link here, and here -- Saudi's foreign exchange reserves.
Link here. Foreign Exchange Reserves. Huge turnaround. One expects this to continue for awhile.One wonders if OPEC+ is ready to go back to just plain old OPEC?
Random: I am absolutely convinced Buffett's investment in CVX in 1Q22 was a game-changer for Wall Street analysts, mutual fund managers, hedge funds, etc.
Energy: remains best investment. One would never guess this by all the negative mainstream media reporting but JPMorgan provides update / assessment.
This Wednesday, link here:
Just the luck of the calendar, but trading early in the month after a terrible April, the calendar might work to the advantage of these E&P companies. I don't know. Just a thought. One analyst is comparing May, 2022, as far as investing goes, to March, 2020.
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Rules of the Road
Judah just turned two years old. Apparently his twin brother, Levi, did not quite understand the goal, here:
Locator: 10500GTL.
Tag: GTL Williams Trenton Williston
Updates
February 7, 2026: Link here.
Still sounds shaky. Has not provided any timeline. Details incredibly vague. FID "in sight." Actual construction "in 2028." I believe this project was first announced October 14, 2021.
Original Post -- May 1, 2022
Seems to me like another project at risk, a company that does not yet have all its ducks in order when there's more ink required to explain the process than actually talking about the project.
Cerilon will be in front of the Williams County Board of Commissioners Tuesday with a request to change its zoning to heavy industrial for a $2.8 billion gas to liquids facility that has been proposed for the Trenton area.
The applicant will not be applying for a conditional use permit at that time. Under the current process, the zoning change doesn’t require a detailed scenario, a matter that came up during the Planning and Zoning discussion.
Williams County Planning Official Samantha Miller explained the reason the company is not yet applying for a CUP, and a little of the process going forward.
“A CUP expires 18 months after approval,” she told the Williston Herald. “The applicant is unsure that they will be ready to begin construction in the next 18 months.”
The zoning change does not give the company a green light to construct. They will still need the conditional use permit first, which is generally the point in the process where details like where and how many trees will be required to preserve the view, setbacks, safety requirements, and so forth are spelled out in detail.
“(The CUP process) has a public hearing process, so those residents who felt like they need to be heard and want to be heard, which they have every right to, can also attend the meetings for the CUP as well,” Development Services Director Kameron Hymer told the Williston Herald.
Hymer added that Planning and Zoning has recommended that the zone change not take effect until the company has obtained the CUP, and that, if the CUP is obtained, the whole thing could expire if the company doesn’t begin construction within the allotted 18 months.
They could request an extension, if construction doesn’t begin on time, but would then have to show a just cause for that extension. Any extensions would be granted administratively, and would not require an additional public hearing.
Russia's economy could spiral into a depression under an EU oil embargo. Link here.
Would anyone notice? And why does Markets Insider appear to be worried?
Again, trending over at Twitter. I am convinced that strange things are going on over at Twitter. But maybe that's just me.
However, that does raise the question. "Everybody" seems to assume Xi and Putin are buddy-buddy. I'm not so sure. Putin desperately needs Xi but Xi definitely does not want to be tied to Russia on the the Ukraine adventure.
