Russian Nat Gas has to be imported to New England but let’s get on Merkel

 

Trump huffs and puffs over Merkel’s arrangement for one big beautiful pipeline to run from Putin’s domain into the heart of Germany, guess who is dependent on the very same Nat gas from Putin? Massachusetts for one, and the rate the environmentalists are going, more of us to come. I had picked this story up last Winter as it looked like some Americans fingers might get a nip for lack of heat.

 

An excellent example of just what has been allowed to happen that puts Americans at risk by a few nitwits. There, I said it and I cut to the chase.

Even the Boston Globe opined that “Massachusetts’ reliance on imported gas from one of the world’s most threatened places is also a severe indictment of the state’s inward-looking environmental and climate policies.”

 

This winter’s unprecedented imports of Russian liquefied natural gas have already come under fire from Greater Boston’s Ukrainian-American community, because the majority shareholder of the firm that extracted the fuel has been sanctioned by the US government for its links to the war in eastern Ukraine and Russia’s illegal annexation of Crimea. Last week, in response to the outcry, a group of Massachusetts lawmakers, led by Senator Ed Markey, blasted the shipments and called on the federalgovernment to stop them.

From the post from the Boston Globe and well worth a read Our Russian ‘pipeline,’ and its ugly toll

 

Better yet, the Jones Act precludes Americans helping out other Americans:

The U.S. has several LNG export facilities that are already operational or will come online in the coming years. Why can’t we ship American LNG to Boston?

One reason is an antiquated federal law from 1920 – the Jones Act – that prohibits cargoes from being transported between U.S. ports unless they are carried on American-flagged ships.

The stupid thing:

There are about 150,000 miles of oil pipelines and more than 1.5 million miles of natural gas pipelines in theUnited States. ALREADY! 

The U.S. Energy Information Administration recently announced that in 2017, for the first time since 1957, the U.S. exported more natural gas than it imported.

Yet, even as we become a global energy superpower, political barriers prevent us from maximizing the benefits of the shale revolution.

Earlier this year, New England — located just a few hundred miles from the Marcellus Shale, one of the world’s largest natural gas fields — was forced to import a cargo of Russian liquefied natural gas. This was necessary because anti-energy activists have convinced local elected leaders to block new energy infrastructure, including pipelines that could bring American gas to the region. This is making households in the Northeast more dependent on imported energy, and forcing them to pay among the highest energy bills in the country. More at Washington Examiner

Here are a couple of sites where one can find out pipeline locations down to the county.

Pipeline101 – Where-Are-Pipelines-Located

 

Interactive map of pipelines in the United States | American …

he National Pipeline Mapping System (NPMS) Public Viewer from the Pipeline and Hazardous Materials Safety Administration allows users to view pipelines and related information by individual county for the entire United States. The map includes: Gas and hazardous liquid pipelines.

 

Advertisements

Europe folds like a cheap suit – winds down import of Iranian oil

 

This didn’t take long now did it? Europe huffs and puffs.The media are so sure that Trump is wrecking our important relationships with our allies across the pond.

This as we just celebrated D-Day when we gave up our precious treasure of blood and life of our  young men for them. And Germany? What penance are you willing to give to us for us having to shed blood twice last century for your attempt at self-aggrandizement.

Even today, we pay for Europe’s security and now we ask you all to kick into the kitty by engaging in FAIR trade with us. So we want Europe’s support in fixing the feckless Iranian deal. After much bluster it looks like they are caving like a cheap suit:

After an initial hesitance over how the returning U.S. sanctions will affect Iran’s oil buyers, European refiners are beginning to wind down purchases from Iran after tanker providers, insurers, and banks began to shun Iranian deals and destinations for fear of exposing themselves to secondary sanctions.

Several large European companies in France, Spain, Italy, and Greece are reportedly admitting that they won’t risk U.S. sanctions and are unable to find tankers and insurer providers willing to facilitate shipments of Iranian oil to Europe, Reuters reported on Wednesday, citing company and trading sources.

Iran’s total oil exports have averaged around 2.5 million bpd in recent months, peaking in April, just before the U.S. withdrew from the Iran nuclear deal. Iran says that its May oil exports were higher than this year’s average, but it now looks like European refiners are choosing not to risk and have started to figure out ways to wind down Iranian oil purchases.

Iran’s oil exports to Europe account for around one-fifth of the total, while most of the Iranian crude goes to China and to India.

“We cannot defy the United States,” a senior source at Italy’s Saras, which operates a 300,000-bpd refinery on the island of Sardinia, told Reuters.

“It is not clear yet what the U.S. administration can do but in practice we can get into trouble,” the source noted.

A drop in crude trading between Iran and Europe could complicate efforts by the European signatories of the nuclear deal – France, Germany and Britain – to salvage the agreement.

Refiners including France’s Total, Italy’s Eni and Saras, Spain’s Repsol and Cepsa as well as Greece’s Hellenic Petroleum are preparing to halt purchases of Iranian oil once sanctions bite, the sources said.

H/T: Oilprice.com

Recent Legislation Mandates Additional Sales of U.S. Strategic Petroleum Reserve Crude Oil – Why?

 

While we are looking the other way, Congress is managing to sell off our strategic reserves. Why might I ask? While the recent boon in energy finds in the USA is great, it still needs to be refined. The recent hurricanes have caused shortages requiring a release. We are one terrorist away from possibly needing our reserves again. I include a list of recent releases. As if that was enough, keep this old post in mind.

U.S. giving away ownership and control of our Energy and refineries 

Yes, let’s put the USA at risk.

US omnibus bill mandates sale of 10 million barrels of government …

PlattsMar 21, 2018
The bill also calls for lowering the threshold where the US government can drawdown crude from its emergency stocks. Under the threshold, set in the Energy Policy and Conservation Act of 1975, the Department of Energy cannot take or sell crude from the SPR “if there are fewer than 350,000,000 barrels … then in February they were chipping away US mandates biggest non-emergency strategic oil sell-off ever

A little history on the stockpile:

The largest stockpile of government-owned emergency crude oil in the world, the SPR was established to help alleviate the effects of unexpected oil supply reductions. Located in four storage sites along the Gulf of Mexico, the SPR held more than 695 million barrels of crude oil at the beginning of 2017, or about 97% of its 713.5 million barrel design capacity. Prior to FY 2017 sales, the SPR inventory level had remained nearly constant for several years.

Source: U.S. Energy Information Administration, based on Strategic Petroleum Reserve. Note: Volumes sold in fiscal years 2017 through 2020 under the Bipartisan Budget Act of 2015 Section 404 are estimates based on projected prices of West Texas Intermediate crude oil in the February 2018 Short-Term Energy Outlook and Annual Energy Outlook 2018.

Previous releases:

2012 Hurricane Isaac Exchange  |  2008 Hurricanes Gustav and Ike Exchanges  |  2006 Ship Channel Closure Exchange  |  2006 Barge Accident Exchange  |  2005 Hurricane Katrina Exchange  |  2004 Hurricane Ivan Exchange  |  2002 Hurricane Lili Exchange  |  2000 Heating Oil Exchange  |  2000 Ship Channel Closure Exchange  | 1999 Maya Exchange  |  1996 Pipeline Blockage Exchange 

Non-Emergency Sales Although the Reserve was established to cushion oil markets during energy disruptions, non-emergency sales of oil from the Reserve can be authorized to respond to lesser supply disruptions or to raise revenues.

2011 IEA Coordinated Release  |  1996 Weeks Island Sale  |  1996-1997 Sales to Reduce the Federal Budget Deficit

Continued:

A previous Today in Energy article described the three bills enacted in 2015 and 2016 that collectively call for the sale of 149 million barrels in FY 2017 through FY 2025. Most of these sales set volumetric requirements, and revenues from those sales go to the U.S. Department of Treasury. A section of one of those bills—Section 404 of the Bipartisan Budget Act of 2015—included authorization for funding an SPR modernization program by selling up to $2 billion worth of SPR crude oil in FY 2017 through FY 2020. In that act, the sales are based on revenue targets that must be authorized by Congress.

Exchanges Agreements Oil can also be released from the Strategic Petroleum Reserve under exchange arrangements (similar to loans) with private companies.  Exchange contracts provide for a loan of crude oil to be repaid, in kind, within a date certain, with additional premium barrels (similar to interest).

 

For information resources:

H/T: Global Energy Post

U.S. EIA: Today in Energy

A previous Today in Energy article described the three bills enacted in 2015 and 2016 that collectively call for the sale of 149 million barrels in FY 2017 through FY 2025

Natural Gas from Putin’s Russia has to be imported to New England

 

Earlier this year, New England had to import a cargo of Russian liquefied natural gas, even though it is located just a few hundred miles from one of the largest natural gas fields in the world.

So reads the caption. An excellent example of just what has been allowed to happen that puts Americans at risk by a few nitwits. There, I said it and I cut to the chase.

Even the Boston Globe opined that “Massachusetts’ reliance on imported gas from one of the world’s most threatened places is also a severe indictment of the state’s inward-looking environmental and climate policies.”

Better yet, the Jones Act precludes Americans helping out other Americans:

The U.S. has several LNG export facilities that are already operational or will come online in the coming years. Why can’t we ship American LNG to Boston?

One reason is an antiquated federal law from 1920 – the Jones Act – that prohibits cargoes from being transported between U.S. ports unless they are carried on American-flagged ships.

The stupid thing:

There are about 150,000 miles of oil pipelines and more than 1.5 million miles of natural gas pipelines in theUnited States. ALREADY! 

The U.S. Energy Information Administration recently announced that in 2017, for the first time since 1957, the U.S. exported more natural gas than it imported.

Yet, even as we become a global energy superpower, political barriers prevent us from maximizing the benefits of the shale revolution.

Earlier this year, New England — located just a few hundred miles from the Marcellus Shale, one of the world’s largest natural gas fields — was forced to import a cargo of Russian liquefied natural gas. This was necessary because anti-energy activists have convinced local elected leaders to block new energy infrastructure, including pipelines that could bring American gas to the region. This is making households in the Northeast more dependent on imported energy, and forcing them to pay among the highest energy bills in the country. More at Washington Examiner

 

Here are a couple of sites where one can find out pipeline locations down to the county.

Pipeline101 – Where-Are-Pipelines-Located

 

Interactive map of pipelines in the United States | American …

The National Pipeline Mapping System (NPMS) Public Viewer from the Pipeline and Hazardous Materials Safety Administration allows users to view pipelines and related information by individual county for the entire United States. The map includes: Gas and hazardous liquid pipelines.

Largest U.S. Refinery now belongs to Saudi Arabia

If we thought my earlier post U.S. giving away ownership and control of our Energy and refineries 

Saudi Aramco to target US refiners, chemical plants after Shell breakup CNBC. Ed: The intention? They are hurting with the price of gas now in the cellar. What a nice way to try to control prices.

The two companies signed a nonbinding letter of intent, a plan that would divide up Motiva’s refineries between them. The refineries have a combined capacity of 1.1 million barrels per day and are all located close to each other. The breakup will allow Saudi Aramco to take over the Port Arthur refinery and 26 distribution terminals, and Aramco will also hold onto the Motiva brand name. Shell will take over the other two refineries, Convent and Norco, both located in Louisiana. Shell said that it would operate the two refineries as one plant with a combined throughput of 500,000 barrels per day.

More USA Today

 

Keystone Pipeline – We have just been Grubbered

Why they are making the pipeline issue about jobs I have no idea.  It should be framed around the best ways to improve safety.  The oil is going to get there one way or the other. The environmental side is once again misguided. The rail vs pipeline impact weighs to using the pipeline. Add to this the impact on the lack of Rail capacity that is impacting farmers, timber and other commodities and once more we are being “Grubered”. Congrats go out to the Rockefellers, Bill Gates, and Warren Buffet as well, who stand to make Millions if not more by supporting Rail as opposed to the pipeline.

Why Do These Train Cars Carrying Oil Keep Blowing Up?

Early on the morning of July 6, 2013, a runaway freight train derailed in Lac-Mégantic, Quebec, setting off a series of massive explosions and inundating the town in flaming oil. The inferno destroyed the downtown area; 47 people died.

The 72-car train had been carrying nearly 2 million gallons of crude oil from North Dakota’s Bakken fields. While the recent surge in domestic oil production has raised concerns about fracking, less attention has been paid to the billions of gallons of petroleum crisscrossing the country in “virtual pipelines” running through neighbor­hoods and alongside waterways.
Chicago tonight

H/T: Mother Jones

The vote has election year resonance in the Louisiana Senate race, but for our purposes the pertinent question is: if the pipeline is built, what effect would it have on rail congestion in the northern Plains and Midwest?

Much of that congestion now is due to railroads shipping Bakken crude to terminals on the West Coast and East Coast.

He said, “Once Keystone is built, that will go in pipeline instead of having to run 14 100-car unit trains a day. So you can see it will help reduce congestion on the rails. … We need it so we can move other goods.”

Another Keystone XL supporter, Sen. John Thune, R-S.D., said in a Senate speech last week, “We have a rail crisis. We have been battling now for a long time with the limited capacity in rail and much of the oil moving out is going on rail. That makes it harder for us to get our agricultural commodities to the marketplace….”

He said the building of the Keystone XL would allow about 100,000 barrels a day of Bakken crude to move by pipeline “and therefore not on the rail car. That saves about a unit train a day, which is significant.”
Blogs Roll Call

Side note on Canadian National Railroad (CN) – Bill Gates is their biggest investor.

Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit.
With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department. (Chuckle time)!

“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-basedBerkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.” From: Bloomberg

The keystone pipeline is actually just one of several oil sands pipelines targeted by the Rockefeller Brother’s Fund. Ezra Levant calls it industrial sabotage and, based on their own Power Point, that certainly seems an apt description. H/T: Heritage  From Rockefeller Fund sabotages Keystone pipeline approval. The Rockefeller Brother’s Fund in a coordinated, 4-year, $28 million dollar campaign was on the march to defeat it.

US billionaire Warren Buffett has appeared singing and playing the ukulele on Chinese state television. The billionaire popped up on CCTV and wished the people of China “a happy new year.” The Lunar New Year of the Dragon begins at midnight on Sunday. “Your country has accomplished amazing things, and the best is yet to come,” Buffett told the broadcaster. The investor is well respected in China for his financial success

Vote Tally Count Keystone XL Pipeline passes UPDATE FAILS

Update: Here is the Senate vote. House vote at bottom of post

Nov 18 280 (59-41) Rejected On Passage of the Bill S. 2280

U.S. Senate Roll Call Votes 113th Congress – 2nd Session

Click on “blue” icons below for individual votes

as compiled through Senate LIS by the Senate Bill Clerk under the direction of the Secretary of the Senate

Vote Summary

Question: On Passage of the Bill (S.2280 )
Vote Number: 280 Vote Date: November 18, 2014, 05:55 PM
Required For Majority: 3/5 Vote Result: Bill Defeated
Measure Number: S. 2280
Measure Title: A bill to approve the Keystone XL Pipeline.
Vote Counts: YEAs 59
NAYs 41
Vote Summary By Senator Name By Vote Position By Home State

Update: Below is the House vote. 

Click on Blue Ayes  and Noes  for Individual votes below.

UPDATE:Below is the Gov Track link which breaks down votes by State and Name and much easier to view.

This was a vote to pass H.R. 5682.

https://www.govtrack.us/congress/votes/113-2014/h519

FINAL VOTE RESULTS FOR ROLL CALL 519(Republicans in roman; Democrats in italic; Independents underlined)

H R 5682      RECORDED VOTE      14-Nov-2014      12:52 PM
QUESTION:  On Passage
BILL TITLE: To approve the Keystone XL Pipeline

AYES NOES PRES NV
REPUBLICAN 221 1 11
DEMOCRATIC 31 161 9
INDEPENDENT
TOTALS 252 161 1 20

President Obama MOCKS Republicans For Having No Jobs Plan. Laughs At Keystone Pipeline 7/29/13

%d bloggers like this: