Locator: 48729B.
Link here.
This is the oft-repeated meme in every analysis of Ms Harris losing the race: "having raised $1 billion she lost to a convicted felon."
Wow! How in the world does that happen? A billion dollars and she loses to a convicted felon.
The other meme: having only 107 days to campaign did not give her enough time to introduce herself to the American public. Say what? She ran for the Democratic presidential nomination back in 2019 / 2020 and has been the nation's vice president for four years. And now ... now ... her apologists tell us she didn't have enough time to introduce herself. As czar of immigration she didn't even visit the southern border -- a great place to have introduced herself -- except on one occasion, late in the game.
Go to YouTube and google Kamala Sky News.
Where Trump Won
From The New York Times:
- Florida: Trump won Miami-Dade County, which has many Latino voters.
It is the first time a Republican presidential candidate has done so
since 1988.
- Texas: Support for Trump in the border counties of South Texas
helped him win the state by 14 percentage points, based on the latest
count. He won by only six points in 2020. Starr County went to a
Republican for the first time since 1896.
- New York City: The city has moved right each time Trump has run — by 26
percentage points overall since 2016. The shift was pronounced in parts
of the Bronx, Queens and southern Brooklyn.
- Michigan: In Dearborn, Michigan, a majority-Arab American city,
frustration with the war in Gaza helped Trump win with 42 percent of the
vote.
- Harris received 36 percent, while Jill Stein of the Green Party
received 18 percent.
- Did Jill Stein prevent Harris from winning? Yes, probably, most likely. Those who voted for the Green Party certainly weren't going to vote for Trump.
In this list, The New York Times conveniently ignored Wisconsin, Pennsylvania, North Carolina, and Georgia.
The NYT says Trump did not win in a landslide. Well, that's some consolation for the elites.
If the GOP takes the US House, yes, I would call it a landslide.
But at the end of the day, Kamala Harris was lousy at campaigning, and unable to articulate a message.
***********************************
Back to the Bakken
WTI: $71.26.
Friday, November 8, 2024: 9 for the month; 69 for the quarter, 583 for the year
Thursday, November 7, 2024: 9 for the month; 69 for the quarter, 583 for the year
RBN Energy: Trident Pipeline would be a game-changer for Gulf Coast LNG terminals.
One of the most prevalent stories in the U.S. natural gas market over
the past decade has been soaring associated gas production in the
Permian Basin and the question of what to do with it. Numerous pipelines
have been built over the years connecting Permian gas to demand
regions, and more are in the works.
The largest source of incremental
demand is LNG exports, mostly from the Sabine River area at the
Texas/Louisiana border. The catch is, getting Permian gas past Houston
to the banks of the Sabine presents significant challenges. In today’s
RBN blog, we’ll discuss Kinder Morgan’s proposed Trident Pipeline — an
attempt to overcome those challenges — and explain why this new outlet
would alter gas pricing and flow dynamics in the broader Gulf Coast
region.
We at RBN have written about existing and planned gas pipelines out
of the Permian many times in the past, recently cataloguing a number of
proposed lines in Come Dancing.
While that piece primarily covered projects that originate in West
Texas, we also snuck in WhiteWater Midstream’s Blackfin Pipeline, which
was to be constructed entirely in the eastern half of Texas, bringing
gas from Colorado County (near one terminus of the four-year-old Permian
Highway Pipeline) north around Houston, ending in the area just north
of Beaumont, where other lines would bring gas to LNG terminals in the
Sabine River area. Also on the list from that blog was Energy Transfer’s
proposed Warrior Pipeline, which would bring gas from the Permian to
the area just south of Dallas-Fort Worth. Gas could then move toward the
Sabine River through existing intrastate systems (and potentially new
ones).
Also from RBN Energy: ONEOK Completes Acquisition of Medallion Midstream
ONEOK
has finalized its previously announced acquisition of Medallion
Midstream from Global Infrastructure Partners (GIP) for approximately
$2.6 billion in cash.
Medallion was previously the largest privately
held crude oil gathering and transportation system in the Permian’s
Midland Basin, featuring more than 1,200 miles of crude oil gathering
pipelines (blue lines in below map) with a capacity of approximately 1.3
MMb/d and crude oil storage of around 1.5 MMbbl. (The Medallion
Delaware Basin system — green lines covered by red X in below map — is
owned by Energy & Minerals Group and is not included in this acquisition).
The transaction significantly expands ONEOK’s crude oil footprint in
the Permian. The Medallion Midland Basin system feeds crude oil to hubs
in Midland, Colorado City and Crane. In our Crude Oil Permian Report,
we track these receipts, which feed ONEOK’s long-haul
Permian-to-Houston pipelines — BridgeTex and Longhorn — as well as other
third party pipelines.
This deal by ONEOK complements its $18.8 billion acquisition of Magellan Midstream, which we covered in Tulsa Time.
That deal created the second-largest U.S. midstream company by market
capitalization and the fifth-largest by enterprise value.
In addition,
as of October 15, ONEOK is the managing member of EnLink after acquiring
GIP’s controlling interest for approximately $3.3 billion.
