Wednesday, March 24, 2021

Frackers are back

Permian Basin Methane Emissions Are Back at Pre-Pandemic Levels

Warming the heart of FX insurance banks and producing exports to pay for Kamal's green jobs.

My theory confirmed, equilibrium or the petro bank is when Texans are marginal price setters. That means supply chain got their back. There is a set up sand down time that is painful, no doubt. Being a fractional fracker has to be highly automated.

The US, or more precisely those that can grab Texas fiat put us on a commodity standard. Been so since 2008. This is what it is supposed to replace the Fed tax.

My immediate solution? Grab that gas locally and run electric generators or pipelines to storage. Keep the marginal fracker and utilize the free natural gas. Stay on the oil standard, it works a bit. But give the Texans a fair break, make i easier to ship the gas.

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