How natural gas is withstanding
the energy market collapse
Posted By: StormCnter, 5/2/2020 4:37:08 AM
Natural gas is withstanding the coronavirus-fueled economic crash in a way that its closely associated relative, oil, isn’t. Oil prices have reached record lows, with the U.S. benchmark oil price briefly dropping below zero last month after trading at around $60 per barrel at the start of 2020. The U.S. natural gas price, meanwhile, is stable, staying below $2 per million British thermal units, or MMBtu, a historically low level it has been hovering at for a while due to a glut produced from the shale boom. Oil producers are shutting in their wells, prompting tens of thousands of layoffs, because the pace of the price collapse was so sudden,
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Natural gas is withstanding the coronavirus-fueled economic crash in a way that its closely associated relative, oil, isn’t.
Oil prices have reached record lows, with the U.S. benchmark oil price briefly dropping below zero last month after trading at around $60 per barrel at the start of 2020.
The U.S. natural gas price, meanwhile, is stable, staying below $2 per million British thermal units, or MMBtu, a historically low level it has been hovering at for a while due to a glut produced from the shale boom.
Oil producers are shutting in their wells, prompting tens of thousands of layoffs, because the pace of the price collapse was so sudden,
Like most people, I cannot know for sure what actually happened between Joe Biden and Tara Reade many, many moons ago, or, for that matter, what may have once transpired between Brett Kavanaugh and Christine Blasey Ford. No one knows for sure but the individuals (and/or eyewitnesses) themselves, and memories of long-ago encounters may not be sharp — or may become vivid in one person’s recollection and utterly vague in another’s. If I were asked to detail an incident that happened a quarter-century ago, absent serious trauma, I’d be completely stumped. There’s a reason for statutes of limitation. And a reason that in a liberal society an individual
Brett Kavanaugh was a very difficult Supreme Court nominee for liberals to oppose. He had a stellar reputation, an impeccable record, and a genial disposition. While members of the Resistance held a protest on the steps of the Supreme Court minutes after President Trump announced him as the pick to replace retiring Associate Justice Anthony Kennedy, their early efforts to keep him off the bench showed little promise.
All that changed in mid-September 2018, when the Washington Post carefully packaged and presented Christine Blasey Ford’s claim that Kavanaugh had tried to rape her when she was in high school. The media and Democrats immediately latched onto the accusation
All 143 Willie Nelson Albums, Ranked
17 replies
Willie Nelson may be the most important figure in country music history; if he’s not, only Hank Williams matters more. Willie’s also one of the most important musical artists in American history, a first-name-only giant like Elvis and Ella. The contours of the career that brought him to those heights are familiar. There was the huge, early-sixties success writing songs like “Crazy” and “Hello Walls” for big country stars, then the failed attempt to become one himself over the rest of the decade, his talents an ill fit for a stiff Nashville mold.
Monday afternoon as promised, Governor Greg Abbott announced the end of the stay at home order when it expires on April 30. He presented a plan recommended by the Strike Force to Open Texas charged with coming up with a science-based, data-driven way forward for the re-opening of the state. Abbott said that Dr. Birx agrees the Texas plan is a good one. First, an announcement by the city of Galveston started Monday off on a good note for beachgoers. Its beaches are now open but with very limited hours and strict rules for behavior while enjoying a visit to a beach. In the age of the coronavirus pandemic,
Three days before Super Bowl LIV in February, a reporter asked what I thought about the coronavirus. Crazy, right? Back then, I had read a little and knew what type of virus it was and that there were a few thousands cases in China. I told the reporter as much, but added that I was trying to focus on football going into the biggest game of my life.
After my team triumphed, I went back to the parade in Kansas City, which is totally inconceivable right now. Adding a million people in the streets? Piled up on top of each other?
Beware of coronavirus mission creep
24 replies
As leaders prepared the public for what would turn into widespread shutdowns of business and leisure activities, they made it abundantly clear that the point was to “flatten the curve” of growth in coronavirus cases. That is, when it was clear that the virus could not be contained, the strategy shifted to an effort to space out inevitable infections over a longer period, so there were as few cases as possible at the peak. The idea was to prevent the number of cases from exceeding the capacity of the hospital system and thus saving the system from collapse.
Hog Hunting In The Time Of Coronavirus
13 replies
Preparing for a hog hunt is like preparing for the end of the world. You need a reliable rifle and ammunition, of course, but you also need a bunch of other stuff—a sidearm, maps, binoculars, compass, flashlight, knife, raingear, boots, food and water, two-way radios. Once you’re all geared up, you can’t help but think that if the end came, you’d be ready.
The feeling is even more intense when you go hog hunting during a global pandemic. It might not be the apocalypse, but when it comes to buying guns and ammo—or toilet paper—it might as well be.
I know, because I recently went on a hog hunt in East Texas.
The Biden Trap
11 replies
In the world of political reporting on the presidential race, two seemingly divergent stories are taking shape and blowing up, respectively. And it’s the stuff of feminist nightmares.
The first is about the “veepstakes”: Because the world is topsy-turvy and former vice-president Joe Biden cleared the Democratic field in March, we’re in an earlier-than-usual frenzy of speculation about who his running mate will be. Biden, who has long been dogged by criticism on feminist grounds (stemming from his history of bad stances on abortion, his having permitted the ill treatment of Anita Hill during the Clarence Thomas hearings, and allegations that he has spent a career touching women
There are more than 2,000 active satellites orbiting Earth. At the end of their useful lives, many will simply burn up as they reenter the atmosphere. But some will continue circling as "zombie" satellites — neither alive nor quite dead.
"Most zombie satellites are satellites that are no longer under human control, or have failed to some degree," says Scott Tilley.
Tilley, an amateur radio operator living in Canada, has a passion for hunting them down.In 2018, he found a signal from a NASA probe called IMAGE that the space agency had lost track of in 2005. With Tilley's help, NASA was able to reestablish contact.
But he has tracked down
Why Joe Biden’s America loves a lockdown
4 replies
COVID-19, the Wuhan virus, is an epidemiological scourge — but it’s also a clarifying catalyst for American politics. The virus’s relevance for globalization has been widely noted: this disease of Chinese origin has exposed how incapable the de-industrialized West has become of providing its own masks, drugs, and ventilators.
It has highlighted the class divide that globalization produces within countries such as America as well. The highly educated professional classes can work from home, and their jobs are relatively secure; the service class, on the other hand — the waiters and cooks and hotel maids and retail clerks and others —
The ongoing chaotic mismanagement of the coronavirus crisis would seem to jeopardize President Trump’s reelection prospects; however, an analysis of the Electoral College vote puts Trump in a favorable reelection position.
My projection gives Trump 249 and Joe Biden 248 electoral votes. Three states — Arizona (11 electoral votes), Pennsylvania (20 electoral votes), and Wisconsin (10 Electoral votes) — are toss-up states. Trump won all three in 2016, and he has a good chance to win these states again in 2020.
Several factors work in Trump’s favor. First, former Vice President Joe Biden’s debating and campaigning performances have ranged from inarticulate to incoherent. Also, his expressions and tone of speech
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When the postmortem is done on the media’s coverage of COVID-19 (and it will be), it will be clear that the virus was no Black Plague — it’s not even the flu on a bad year.
SARS-CoV-2, which causes COVID-19, has killed 56,749 Americans as of Tuesday.
That’s not good. But it’s not as bad as the 2017-2018 flu season, when 80,000 -plus perished. And it’s a long cry from what all the experts were warning about just a few weeks ago: First, they predicted 1.7 million Americans dead; then they redid the models (this time apparently entering a few more “facts”) and said 100,000-240,000 dead.
Several states reopened at least partially on Friday May 1st after the six-week-long Fauci lockdown. (Photo) But Democrat-led Oregon is not one of them.Oregon, a state with 4.14 million residents did not reopen on Friday.
In fact, the liberal state is not reopening anytime soon. Far Left Oregon Governor Kate Brown is extending the state’s lockdown until July 6th! Two More Months!(Tweet) Oregon is ranked 40th in US coronavirus deaths. 40TH! The state has had 104 deaths and ranks next to South Dakota, a state that NEVER shut down!
Michigan's Whitmer says armed
protesters displayed 'worst racism
and awful parts' of US history 42 replies
protesters displayed 'worst racism
and awful parts' of US history 42 replies
Michigan Gov. Gretchen Whitmer slammed the protesters who gathered inside the state's Capitol building on Thursday to demand she rescind her stay-at-home orders, saying they represented the “worst racism and awful parts” of U.S. history.
“Some of the outrageousness of what happened at our capitol depicted some of the worst racism and awful parts of our history in this country,” Whitmer said Sunday on CNN’s “State of the Union.”
“The behavior you've seen in all of the clips is not representative of who we are in Michigan,” she added.
A call by former President George W. Bush for humanity to jettison partisanship amid the Chinese coronavirus pandemic has drawn a sharp rebuke from President Donald Trump.
Bush published a video message on Saturday urging unity and togetherness amid the coronavirus’ outbreak, which received 4.4 million views on Twitter as of Sunday morning.Bush’s plea amounted to a call for people to ignore partisanship to protect the most vulnerable and to assist those who have become unemployed.He based his plaintive call on the observation we are all God’s children and therefore equal of merit and support.
The Democratic political field is awash with designing women.
Stacey Abrams, a former Georgia State House leader, is aggressively marketing herself as a potential vice president for Joe Biden — increasingly irritating those in the former veep’s orbit, an insider said.
Meanwhile, Sen. Kirsten Gillibrand, one Biden’s 2020 presidential-race rivals, is rarely mentioned as a possible running mate. She has her sights set on something else — secretary of defense, say those familiar with her plans.
Female former candidates have also been auditioning for the VP job — albeit more subtly than Abrams. On April 20, Minnesota Sen. Amy Klobuchar came in for a chummy appearance on Biden’s podcast “Here’s the Deal,”
Chicago Mayor Lori Lightfoot announced on Saturday that she is instructing the police superintendent to cite, arrest and jail all non-compliant residents who permit gatherings and parties in their residence. Failing to comply with the stay-at-home orders and maintain social distancing will no longer be met with a warning.Police are authorized to deliver citations, conduct immediate arrests and potentially jail any non-compliant resident in the city of Chicago.“This is how it is going to be: We will shut you down, we will cite you, and if we need to, we will arrest you and we will take you to jail,”
Kayleigh McEnany took the podium for the first time as the White House Press Secretary Friday and pledged never to lie to the media.She got asked point-blank at the first formal briefing in 417 days at a time of tense relations between reporters and the Trump White House whether she would always tell the truth. 'I will never lie to you, you have my word on that,' she responded.The telegenic former Trump campaign spokeswoman fielded a series of questions on topics ranging from the coronavirus pandemic to her own plans for communicating with the press and the American people.
Never was former Vice President Joe Biden the 2020 dream. He promised electability and familiarity, which turned out to be good enough for a plurality of Democratic voters in the early primaries.
But now that every other Democratic contender has dropped out and dutifully lined up behind the presumptive nominee, that choice might be sitting less comfortably. Biden is campaigning from his basement, giving interviews in which he occasionally moves past gaffes into total incoherence, raising questions about his mental fitness. Worst of all, evidence for a sexual assault allegation against him begins to mount.
Many Colleges Should Close Permanently
30 replies
American universities once attracted students from around the world. Prestige places like Harvard and Caltech did so, but it also happened at good state schools like the University of Illinois, University of Texas and even my own alma mater, the University of Colorado.
The scientific education was second to none. Even outside of science, a broad-based humanities program thrived. As an engineering student at CU, my required curriculum included two full years of “Great Books” where we studied Socrates, Homer, Virgil, Chaucer and Milton.
But then some interrelated things happened.
People with low levels of vitamin D may be more likely to die from the coronavirus, according to a preliminary study. Researchers at Queen Elizabeth Hospital Foundation Trust and the University of East Anglia in England compared the average vitamin D levels of 20 European countries with COVID-19 mortality rates — and found “significant relationships” between vitamin D levels and the number of deaths caused by this infection. The study, which has not been peer-reviewed, notes sun-starved “Nordic” countries are among the most at risk. “We believe that we can advise vitamin D supplementation to protect against SARS-CoV2 infection,” the
How to stop the coming meat shortage
28 replies
“Where’s the Beef?” was once just a funny (yet successful) advertising slogan. But now, it could soon be an actual question on the minds of many shoppers. Amid the coronavirus crisis, some are calling attention to the coming meat shortages the United States faces as the virus continues to ravage our economy. Rep. Thomas Massie has been sounding the alarm for weeks, and the Kentucky Republican recently introduced the “PRIME Act” in an effort to address the coming crisis. The congressman is right to be concerned. (Snip) We could soon see farmers unable to keep their farms afloat, livestock killed in mass with no means to be sold, and hungry
Subway closure 'outright disaster'
for the homeless who have few
safe shelter options, advocates say 26 replies
for the homeless who have few
safe shelter options, advocates say 26 replies
Homeless New Yorkers will face an even more threatening and dangerous situation when the city shuts down the subway system from 1 a.m. to 5 a.m., according to advocates. The shutdown was announced by New York Gov. Andrew Cuomo and Mayor Bill de Blasio in a joint press conference on Thursday. Cuomo said closing the subway for those hours would allow the cars to be sanitized every 24 hours during the novel coronavirus pandemic. De Blasio said that it would also benefit any homeless people who ride the subway during that time. "If you're not going back and forth all
Comments:
In our southwest Texas ranching area, most ranchers are heavily dependent on the natural gas production from our deep wells (not shale). This article encourages optimism for us.