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  2. If they can evolve into, say, 12 person carriers the prices should become more affordable. Ride sharing in the sky. I could see the 2-seater versions being used by business traveller types. They can have certain designated buildings with "launch pads", in any given neighborhood/fixed area. External elevators/lifts for those not residing in those buildings, if they are in fact residential buildings. I am interested in learning what the per unit cost is going to be for these buzz saws. But that cost can be born either by the government, and therefore the taxpayer, or by investment vehicle. The infrastructural systems could be handles similarly. Just my thoughts, but Singapore is, if nothing else, a well managed city-state and when they set their minds to it they accomplish unbelievable tasks. Just check out the amount of land they have added to their little island, not to mention transforming themselves into a major Petrochemical Connection: Singapore Expansion: How Dredging Transformed an Island Nation Into an Industrial Capital
  3. Merkel, since the age of 3 months, was raised in East Germany. Having worked with some people who came over from the East German side upon reunification, I can tell you they do think a tad different. Read about her early years: Angela Merkel (the first section of that Wiki is poorly written, but the sections after that seek to sort it out)
  4. Horse feathers. There's 140 pages of links to the fraud here and in the other thread state by state. Let's not forget how we got here. At no time our history have multiple states stopped counting on election night. Not one of you has given even the simplest explanation. Pennsylvania still hasn't finished "counting". They're not "counting" they're covering up the crime. I'm expert in "fairly sophisticated number theory". I helped data scientists reconstruct and reverse engineer the algorithm used to switch votes from Trump to Biden, sometimes using the intermediaries of the independent candidates so it wouldn't look as obvious. We had the evidence lined up and ready to present. Not one single court allowed it. Every case was rejected on procedural grounds. Had the evidence been allowed, your side could have tried to refute it. They'd have failed, miserably, which is where the judicial jujitsu came in. Big Tech wouldn't have needed to pull out all the stops and turn what used to be free speech into muzzled speech if anything you said was true. We are no better than Venezuela now, using the same system for the same evil ends. God help America, and the rest of the world now that the kleptocrats are running the "corporation".
  5. Today
  6. Agreed this will be quite a moment of reality for Cheney, she is not her father, this is not the 60's...that time has come and gone. https://thehill.com/homenews/house/534897-wyoming-county-votes-to-censure-liz-cheney-for-trump-impeachment-vote Wyoming county votes to censure Liz Cheney for Trump impeachment vote
  7. Natgas Plunges 5% On New Weather Models Forecasting Milder Temps https://www.zerohedge.com/commodities/natgas-plunges-5-new-weather-models-forecasting-milder-temps As soon as Goldman Sachs gets bullish on natural gas, new weather models are forecasting warmer weather trends for the next two weeks. As a result, NYMEX Henry Hub natgas February futures have plunged 5% Tuesday morning. The plunge in natgas futures come on milder forecasts for the US, which means heating demand will wane over the next two weeks than previously expected. "That decline came even though liquefied natural gas (LNG) exports remained near record levels and last week's storage draw was slightly bigger than expected," said Investing.com's Ajay Kedia. Kedia said, "US natural gas production and demand will drop in 2021 as the economic fallout from coronavirus lockdowns continues." Meteorologists at BAMWX expanded more on the new weather models that forecast warmer weather trends for the US through the end of the month. They tweeted, "A look at what natgas was expecting FRI for week 2 vs the latest data rolled into the 5-12 day period. EPS lost 17 HDDs in that period GEFS lost 11.3 HDDs in that period BAM had to lower HDDs 3 points in that period (our FRI week 2 shown)." From the Southwest to Mid-Atlantic, temps will be slightly above average through the end of the month.
  8. Apparently the trans mountain expansion is being built.
  9. Has oil and gas seen its day and to be replaced by alternative energy and electric vehicles
  10. Will fiscal policy like this work or simply delay the inevitable and exacerbate the econmic crisis ? A question for open discussion I would love to hear your opinion.
  11. Yesterday
  12. Trump Gives Farewell Speech: ‘The Movement We Started Is Only Just Beginning
  13. According to the IEA in today's report, in the fourth quarter, oil inventories in OECD countries fell at a rate of 2.58 million barrels per day. They currently exceed the 5-year standard by 160 million barrels. It's nice that the IEA has confirmed some of my previous posts on this topic. https://www.iea.org/reports/oil-market-report-january-2021
  14. https://www.corbettreport.com/interview-1500-marc-morano-debunks-a-decade-of-climategate-lies/ Climategate Rebunked - Marc Morano on The Corbett Report It’s been a decade since the leak of emails from the Climatic Research Unit at the University of East Anglia exposed the lies, obfuscations and dirty tricks behind the climate change orthodoxy. But although the conversation has long since moved on, there’s still a lot we can learn from the lessons of “Climategate.” Joining us today to reflect on a decade of Climategate lies and where the debate stands today is Marc Morano of ClimateDepot.com. SHOW NOTES Climategate coverage on The Corbett Report ClimateDepot.com The Politically Incorrect Guide to Climate Change Don’t Let Media Whitewash Climategate! Read Chapter excerpt revealing the truth behind scandal 10 years later Information Commissioner: Climategate Scientists Broke The Law YAD06 – the Most Influential Tree in the World Climategate is Still the Issue The HARRY_READ_ME.txt file Polar bear numbers not declining despite media headlines suggesting otherwise UN Military Action to Enforce Climate Agenda? It May Happen, Says Academic (48 MINUTES) Part of this THREAD... https://community.oilprice.com/topic/22378-exposing-a-decade-of-climategate-lies-–-december-2019/
  15. Just a month or two prior to the 2020 Covid era with all its madness, and then the Biden Campaign, James Corbett and Marc Morano got together to Re-Bunk all the hype about Manmade Climate Change in December 2019. While many people have pointed out that there was obvious election fraud taking place during November 2020, but the fraud of manmade climate change is much more brazen with in-your-face lies along with massive censorship by the media, Big Tech and governments around the world. It would be wise to question “Why the Elite Rich and Powerful of the World are pushing this narrative agenda?” Exposing a Decade of Climategate Lies – December 2019 https://www.corbettreport.com/interview-1500-marc-morano-debunks-a-decade-of-climategate-lies/ It's been a decade since the leak of emails from the Climatic Research Unit at the University of East Anglia exposed the lies, obfuscations and dirty tricks behind the climate change orthodoxy. But although the conversation has long since moved on, there's still a lot we can learn from the lessons of "Climategate." Joining us today to reflect on a decade of Climategate lies and where the debate stands today is Marc Morano of ClimateDepot.com. (48 minutes) https://www.corbettreport.com/interview-1500-marc-morano-debunks-a-decade-of-climategate-lies/ SHOW NOTES Climategate coverage on The Corbett Report ClimateDepot.com The Politically Incorrect Guide to Climate Change Don’t Let Media Whitewash Climategate! Read Chapter excerpt revealing the truth behind scandal 10 years later Information Commissioner: Climategate Scientists Broke The Law YAD06 – the Most Influential Tree in the World Climategate is Still the Issue The HARRY_READ_ME.txt file Polar bear numbers not declining despite media headlines suggesting otherwise UN Military Action to Enforce Climate Agenda? It May Happen, Says Academic EXCERPTS FROM... https://www.climatedepot.com/2019/11/18/dont-let-media-whitewash-climategate-read-chapter-excerpt-revealing-the-truth-behind-scandal-10-years-later/ ...The UN IPCC reports are often used to claim the science is “settled.” New Scientist magazine once dubbed the IPCC “the gold standard of consensus on climate change science.” Well, if there was any doubt before, Climategate exposed the IPCC to be fool’s gold. But even before Climategate, there was good reason to realize that the UN IPCC was more political than scientific. On July 23, 2008, more than a year before the Climategate emails were leaked, John Brignell, an engineering professor emeritus at the University of Southampton who had held the chair in Industrial Instrumentation, accused the UN of censorship. “The creation of the UN IPCC was a cataclysmic event in the history of science. Here was a purely political body posing as a scientific institution. Through the power of patronage it rapidly attracted acolytes. ‘Peer review’ soon rapidly evolved from the old style refereeing to a much more sinister imposition of The Censorship,” wrote Brignell. “As [the] Wegman [report] demonstrated, new circles of like minded propagandists formed, acting as judge and jury for each other. Above all, they acted in concert to keep out alien and hostile opinion. ‘Peer review’ developed into a mantra that was picked up by political activists who clearly had no idea of the procedures of science or its learned societies. It became an imprimatur of political acceptability, whose absence was equivalent to placement on the proscribed list.” In 2007, Australian climate data analyst John McLean did research into the IPCC’s peer-review process. McLean’s study found that very few scientists are actively involved in the UN’s peer-review process, which he called “an illusion.” “More than two-thirds of all authors of chapter 9 (‘Understanding and Attributing Climate Change’) of the IPCC’s 2007 climate-science assessment are part of a clique whose members have co-authored papers with each other,” McLean found. “Of the 44 contributing authors, more than half have co-authored papers with the lead authors or coordinating lead authors of chapter 9.” According to McLean, “Governments have naively and unwisely accepted the claims of a human influence on global temperatures made by a close-knit clique of a few dozen scientists, many of them climate modellers, as if such claims were representative of the opinion of the wider scientific community.” As McLean explained, “To sum up, the IPCC is a single-interest organisation, whose charter assumes a widespread human influence on climate, rather than consideration of whether such influence may be negligible or missing altogether. For example, the IPCC Summary had asserted that “it is very highly likely that greenhouse gas forcing has been the dominant cause of the observed global warming over the last 50 years.” But as McLean discovered, “The IPCC leads us to believe that this statement is very much supported by the majority of reviewers. The reality is that there is surprisingly little explicit support for this key notion. Among the 23 independent reviewers just 4 explicitly endorsed the chapter with its hypothesis, and one other endorsed only a specific section. Moreover, only 62 of the IPCC’s 308 reviewers commented on this chapter at all.” Many UN scientists have publicly rejected the IPCC’s methods. (The following material on UN scientists who have turned on the UN has been adapted and updated from a speech I wrote for Senator Jim Inhofe in 2007, while working at the Senate Environment and Public Works Committee.) “I have found examples of a Summary saying precisely the opposite of what the scientists said,” noted South African nuclear physicist and chemical engineer Philip Lloyd, a UN IPCC co-coordinating lead author who has authored over 150 refereed publications. “The quantity of CO2 we produce is insignificant in terms of the natural circulation between air, water and soil…. I am doing a detailed assessment of the UN IPCC reports and the Summaries for Policy Makers, identifying the way in which the Summaries have distorted the science.” Andrei Kapitsa, a Russian geographer and Antarctic ice core researcher, has claimed, “A large number of critical documents submitted at the 1995 U.N. conference in Madrid vanished without a trace. As a result, the discussion was one-sided and heavily biased, and the U.N. declared global warming to be a scientific fact.” UN IPCC expert reviewer Madhav Khandekar, a retired Environment Canada scientist, lamented that many “seem to naively believe that the climate change science espoused in the [UN’s] Intergovernmental Panel on Climate Change (IPCC) documents represents ‘scientific consensus.’” In fact, “Nothing could be further than the truth! As one of the invited expert reviewers for the 2007 IPCC documents, I have pointed out the flawed review process used by the IPCC scientists in one of my letters. I have also pointed out in my letter that an increasing number of scientists are now questioning the hypothesis of Greenhouse gas induced warming of the earth’s surface and suggesting a stronger impact of solar variability and large-scale atmospheric circulation patterns on the observed temperature increase than previously believed…. Unfortunately, the IPCC climate change documents do not provide an objective assessment of the earth’s temperature trends and associated climate change.” Hurricane scientist Christopher W. Landsea, formerly of NOAA’s National Hurricane Center, was an author for the IPCC’s Second Assessment Report in 1995 and the Third Assessment Report in 2001, but he resigned from the Fourth Assessment Report, accusing the IPCC of distorting hurricane science. “I am withdrawing because I have come to view the part of the IPCC to which my expertise is relevant as having become politicized. In addition, when I have raised my concerns to the IPCC leadership, their response was simply to dismiss my concerns,” Landsea wrote in a January 17, 2005, public letter. “I personally cannot in good faith continue to contribute to a process that I view as both being motivated by pre-conceived agendas and being scientifically unsound.” Landsea is currently with the Science and Operations Officer at the National Hurricane Center. The process in which UN IPCC documents are produced is simply not compatible with good science. The UN IPCC’s guidelines stipulate that the scientific reports have to be “change[d]” to “ensure consistency with” the media-hyped Summary for Policymakers....
  16. Lithium Americas Corp. (LAC) 26.80 +6.27 (+30.54%) - at close on Tuesday January 19th https://finance.yahoo.com/quote/LAC?p=LAC ~~~~~~~~~~~~~~~~~~~~~~~~~~~ Fri, January 15, 2021, 5:52 PM - Reuters U.S. regulators approve Lithium Americas' Nevada lithium mine https://finance.yahoo.com/news/u-regulators-approve-lithium-americas-235255914.html Jan 15 (Reuters) - The U.S. Bureau of Land Management gave final approval on Friday to Lithium Americas Corp's Thacker Pass lithium mine in northern Nevada, part of a push by policymakers to boost domestic output of the white metal for electric vehicle batteries. The Vancouver-based company now plans to seek financing for the project, which could be producing lithium by October 2022. The approval comes in the waning says of U.S. President Donald Trump's administration, during which a raft of mining projects have been approved. (Reporting by Ernest Scheyder; Editing by Leslie Adler)
  17. These interactive presentations contain the latest oil & gas production data from all 25,174 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through October 2020. Visit ShaleProfile blog to explore the full interactive dashboard Total production Tight oil production in the Eagle Ford was unchanged m-o-m at 1.1 million bo/d in October (after upcoming revisions). Compared with December 2019, the basin has lost 300 thousand bo/d. The main reason was that fewer than half the number of wells were completed through October than in the year before (882 vs 1,817). Well productivity An important issue for the basin is that well productivity has not materially changed since 2017, as is visible in the “Well quality” tab. You can see this in more detail from this chart from ShaleProfile Analytics, in which well productivity is measured by the average cumulative oil production in the first 6 months, by quarter and by basin: Well productivity in the 3 major tight oil basins, measured by the average 6-month cumulative oil production. Oil wells only. This is not normalized for the increases in lateral length (which is possible to do in this chart), which would show an even longer stagnation. Productivity Ranking But obviously, the averages hide the fact that there are large differences between operators and locations. This image from our Productivity Ranking dashboard reveals the performance of individual wells & operators in the basin: Productivity ranking of operators in the Eagle Ford, based on the average 12-month cumulative oil production. Oil wells since 2017 only. Here we have selected all the horizontal oil wells in the Eagle Ford, with a production start since 2017 and with at least 1 year of production. Their location and performance (red is better) are displayed on the map. All operators with at least 20 such wells are listed and ranked based on their average performance on the right side. Ensign scores the best results, as its 25 wells that began production in the last 4 years recovered 220 thousand barrels of oil, on average, in the first year. EOG, the top producer in this basin, is ranked 4th, with an average performance of 155 thousand barrels (based on 939 wells). Top operators The 8 largest operators in the basin are displayed in the final tab. EOG saw a big rise in its October production, as most of its shut-in wells were back online. Still, in June 2014 it produced more than in October. Advanced Insights The ‘Advanced Insights’ presentation is displayed below: This “Ultimate recovery” overview reveals the relationship between production rates and cumulative production. Wells are grouped and averaged by the year in which production started. Finally Next week we will have a new post, probably on the Niobrara. Production and completion data is subject to revisions, especially for the last few months. Sources For this presentation, I used data gathered from the following sources: Texas RRC. Production data is provided on lease level. Individual well production data is estimated from a range of data sources, including regular well tests, and pending lease reports. FracFocus.org Visit our blog to read the full post and use the interactive dashboards to gain more insight: https://bit.ly/39RQqcG Follow us on Social Media: Twitter: @ShaleProfile LinkedIn: ShaleProfile Facebook: ShaleProfile
  18. This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. Visit ShaleProfile blog to explore the full interactive dashboard These interactive presentations contain the latest oil & gas production data from all 25,174 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through October 2020. Total production Tight oil production in the Eagle Ford was unchanged m-o-m at 1.1 million bo/d in October (after upcoming revisions). Compared with December 2019, the basin has lost 300 thousand bo/d. The main reason was that fewer than half the number of wells were completed through October than in the year before (882 vs 1,817). Well productivity An important issue for the basin is that well productivity has not materially changed since 2017, as is visible in the “Well quality” tab. You can see this in more detail from this chart from ShaleProfile Analytics, in which well productivity is measured by the average cumulative oil production in the first 6 months, by quarter and by basin: Well productivity in the 3 major tight oil basins, measured by the average 6-month cumulative oil production. Oil wells only. This is not normalized for the increases in lateral length (which is possible to do in this chart), which would show an even longer stagnation. Productivity Ranking But obviously, the averages hide the fact that there are large differences between operators and locations. This image from our Productivity Ranking dashboard reveals the performance of individual wells & operators in the basin: Productivity ranking of operators in the Eagle Ford, based on the average 12-month cumulative oil production. Oil wells since 2017 only. Here we have selected all the horizontal oil wells in the Eagle Ford, with a production start since 2017 and with at least 1 year of production. Their location and performance (red is better) are displayed on the map. All operators with at least 20 such wells are listed and ranked based on their average performance on the right side. Ensign scores the best results, as its 25 wells that began production in the last 4 years recovered 220 thousand barrels of oil, on average, in the first year. EOG, the top producer in this basin, is ranked 4th, with an average performance of 155 thousand barrels (based on 939 wells). Top operators The 8 largest operators in the basin are displayed in the final tab. EOG saw a big rise in its October production, as most of its shut-in wells were back online. Still, in June 2014 it produced more than in October. Advanced Insights The ‘Advanced Insights’ presentation is displayed below: This “Ultimate recovery” overview reveals the relationship between production rates and cumulative production. Wells are grouped and averaged by the year in which production started. Finally Next week we will have a new post, probably on the Niobrara. Production and completion data is subject to revisions, especially for the last few months. Sources For this presentation, I used data gathered from the following sources: Texas RRC. Production data is provided on lease level. Individual well production data is estimated from a range of data sources, including regular well tests, and pending lease reports. FracFocus.org Visit our blog to read the full post and use the interactive dashboards to gain more insight: https://bit.ly/39RQqcG Follow us on Social Media: Twitter: @ShaleProfile LinkedIn: ShaleProfile Facebook: ShaleProfile
  19. And hold it for a year or something. Just look at that lovely lovely chart. Obvious breakout from bottom. Turnaround is happening.
  20. The rich got richer under any US administration. Fracking crisis were because of the price war between Saudi vs Russia in Covid19 time. In that stocks , bonds booming lay pensions, 401k, Roth 401, HSA of many ordinary US middle class (either working or retired). Because of covid19, Farmers are doing great in exporting to China. Before Covid19, even Obama tried to take credit from Trump's growth and low unemployment. Lots of new factories were built in the Mid West, manufacturing was expanding. A personal question may I ask, you don't live in the US do you?
  21. Many years ago i became involved in business and personal computing systems and networks. Its actually quite fascinating what is being done and has been done. I can safely say something is very very very wrong with a counting system that can be configured in the below manner. https://techiazi.com/no-dominion-voting-machines-did-not-delete-trump-votes/ It turned out that they had configured the Dominion ballot scanners and reporting software with slightly different versions of the ballot, which meant that the votes were counted correctly but that they were reported incorrectly, state officials said. The correct tallies showed Mr. Trump beat Mr. Biden by roughly 2,500 votes in the county. https://www.dominionvoting.com/ DEMOCRACY SUITE® ELECTION MANAGEMENT SYSTEM Powered by the Democracy Suite® Election Management System (EMS), Dominion solutions cater to the unique needs of every election.
  22. For someone who claims to know so much about Venezuelan inflation, you clearly missed the part about what the arbitrage move is. Hint, it starts with borrowing as much as one can when rates are low for the longest term possible.
  23. If this is true you will see the end of OPEC and the start of an oil price war. Untold damage on many fronts. According to the article Iran will be going after Saudi Asian oil clients. https://oilprice.com/Energy/Energy-General/Iran-Looks-To-Poach-Saudi-Oil-Contracts-With-New-Projects.html Trump sanctioned Iran to the benefit of Saudi Arabia and the rest of OPEC. What does Biden/Kerry do now ? They have some interesting options. Imagine the Saudi and Iran lobbying effort in D.C. over next few months.
  24. Last week
  25. Yes I completely agree. I never made the assumption that capital cost will stay the same or shrink, I said IF. Of course land and equipment have to be included, but as I said in the simple statement "If capital cost declines or stays the same".
  26. Heavy oil capacity is what a lot of those massive refineries need. Now, they're not getting it from the ME at the price that Canada can supply it at. Playing Canadians for fools, is what they're doing. 98% of our crude and upgraded crude goes to the US, while your green sycophants work with ours to retard our ability to access other markets. This isn't new. All we want to do is compete on the world stage. America's refining can't let that happen. Explain how "Canada is no innocent angel."
  27. Well hopefully Biden will have more of a plan than Trump.
  28. https://247wallst.com/special-report/2019/07/12/what-a-gallon-of-gas-cost-the-year-you-were-born-2/11/yu I was surprised to see just how consistent gasoline prices have been since it became the fuel for transportation. Taxes on it are another issue. How about you? The only real jumps were during the Middle East troubles and the "Oil Crisis" preceding the fracking boom. Will Biden drive prices higher? RCW What a Gallon of Gas Cost the Year You Were Born
  29. Yes, tribalism is human nature. It's just the modern version. Pull out your anthropology course book from college and refresh your knowledge. The U.S. use to be one tribe for the most part with common values and common goals. Now your tribe thinks it is right and the other tribe is wrong. Look what your party has brought on this country the last 4 years. This country has been divided as never before. Well , maybe since the Civil war. Unfortunately it looks to be irreconcilable. U.S. has always benefited from constructive discussions, honest debate and compromise. But the desire for power and money has now gotten way beyond being out of control. Tolerance is no longer tolerated. The left reminds me of my brother when playing the board game Monopoly with him in our younger years. If it came to a point where he could not win by abiding by the rules he would flip the game board over and want to start over again. Can't win by the rules of , than win by any means.
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