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Thread: Oil Slick Stuff

  1. #15049

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,148

    Default Re: Oil Slick Stuff

    Within a 3 mile radius gas around here is $2.38 to $2.79. For my drive to and from work it is $2.49.
    May the force be with us.

  2.  
  3. #15050

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,393

    Default Re: Oil Slick Stuff

    E10 averaging $2.30 a gallon down here in BPG!



  4.  
  5. #15051

    Default Re: Oil Slick Stuff

    A successful triple bottom so far, but that is certainly a bear flag...

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  6.  
  7. #15052

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,393

    Default Re: Oil Slick Stuff

    E10 running at $2.25 a gallon in Boiled Peanut Georgia. Thank you Mr. President!oilgusher.gif



  8.  
  9. #15053

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,148

    Default Re: Oil Slick Stuff

    Down to $2.29 around here.
    May the force be with us.

  10.  
  11. #15054

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,148

    Default Re: Oil Slick Stuff

    Gas jumped 30 cents overnight to $2.59.
    May the force be with us.

  12.  
  13. #15055

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,393

    Default Re: Oil Slick Stuff

    Down a bit in GA $2.24 a gallon!



  14.  
  15. #15056

    Join Date
    Oct 2008
    Location
    Stinking desert valley of bad air quality, AZ
    Posts
    2,993

    Default Re: Oil Slick Stuff

    Still around $2.97 here.

  16.  
  17. #15057

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
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    Default Re: Oil Slick Stuff

    This US oil major has been told to cut production by 85% to stay green

    New report finds significant variation in oil and gas giants’ preparedness to act on climate change xxonMobil and ConocoPhillips are the US oil majors most exposed to political action on climate change because of their failure to diversity into alternative energy sources — with one needing to cut production by 85% to keep CO2 emissions within internationally agreed limits.

    That is according to the latest report from Carbon Tracker, a “financial think-tank” that specialises in analysis of the impact of climate change. It found that, as a group, the world’s listed oil and gas companies would have to cut production by 35% on average in the next two decades to keep emissions within these limits.
    But the report, published on November 1 and subtitled Why Deflating the Carbon Bubble Requires Oil & Gas Companies toShrink, found widely varying levels of shrinkage would be required across the sector. [more]

    https://www.fnlondon.com/articles/re...?mod=home-page

    BULL!
    Bull-puffs.gif





  18.  
  19. #15058

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,148

    Default Re: Oil Slick Stuff

    Quote Originally Posted by nnuut View Post
    This US oil major has been told to cut production by 85% to stay green

    New report finds significant variation in oil and gas giants’ preparedness to act on climate change xxonMobil and ConocoPhillips are the US oil majors most exposed to political action on climate change because of their failure to diversity into alternative energy sources — with one needing to cut production by 85% to keep CO2 emissions within internationally agreed limits.

    That is according to the latest report from Carbon Tracker, a “financial think-tank” that specialises in analysis of the impact of climate change. It found that, as a group, the world’s listed oil and gas companies would have to cut production by 35% on average in the next two decades to keep emissions within these limits.
    But the report, published on November 1 and subtitled Why Deflating the Carbon Bubble Requires Oil & Gas Companies toShrink, found widely varying levels of shrinkage would be required across the sector. [more]

    https://www.fnlondon.com/articles/re...?mod=home-page

    BULL!
    Bull-puffs.gif

    Interesting
    May the force be with us.

  20.  
  21. #15059

    Join Date
    Apr 2005
    Posts
    14,685
    Blog Entries
    13

    Default Re: Oil Slick Stuff

    Keystone Pipeline in North Dakota springs a leak-
    383,000 gallons of crude oil flows out onto the land.




    Keystone oil pipeline leaks nearly 400K gallons in North Dakota

    The Keystone oil pipeline has spilled approximately 383,000 gallons of tar sands oil in northeastern North Dakota, according to North Dakota state regulators on Thursday. The pipeline was shut down on Tuesday after crews discovered the leak.



    TC Energy (formerly known as TransCanada), who owns the pipeline, said the leak affected 22,500 square feet of land, or,
    in a statement that appears to be downplaying the incident, “less than half the size of a football field… We will not have the exact figure until oil recovery has been completed.” They have posted regular updates:
    A drop in pressure was detected by TC Energy’s operations control center at approximately 9:20 p.m. MT on October 29, 2019. We immediately began the process to shut down the pipeline, activated our emergency response procedures and dispatched our ground technicians to respond to the incident.
    We will not know specifics about the cause of the incident until we complete the investigation and the segment of the pipeline is analyzed by an independent metallurgical lab.
    There have been no reported injuries or impacted wildlife.
    According to PBS, Karl Rockeman, North Dakota’s water quality division director, “said some wetlands were affected, but not any sources of drinking water. Regulators have been at the site since Wednesday afternoon monitoring the spill and cleanup, he said.”


    More:
    https://electrek.co/2019/11/01/keyst...-north-dakota/


    ( Who could ever have guessed that a pipeline in North Dakota could spring a leak??? )

  22.  
  23. #15060

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    12,148

    Default Re: Oil Slick Stuff

    Gas is averaging $2.48 now. Too many wild swings up and the slow move down.
    May the force be with us.

  24.  
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