Crude oil production averaged 1,113,410 barrels of oil per day (BOPD) in September 2021.
Production has been in the range of 1.1 or 1.2 million BOPD since August 2020. Production was 1.44M BOPD back in March 2020 before the pandemic hit. Production quickly dropped to 0.9M in both May and June 2020 before climbing to around 1.1M since then.
Graph at the top of this post shows average production since January 2008. The blue line is total production in the state with the red line showing production from the Bakken pool only, which also includes the Sanish, and Three Forks pools. The blue line essentially excludes the old wells and areas which have been in production since before the current boom started in the 2008 timeframe. You can easily see the radical impact of horizontal drilling and hydraulic fracturing.
For a longer-term perspective, check out the average production in the state since 1990:
In what is an absolute lack of surprise to anyone who’s thought about the issue, the severe regulations imposed by the state of California on legal marijuana shops means the majority of marijuana sales take place in the black market.
After five years of legal recreational marijuana, sales in the illegal market are estimated to be twice the volume in legal stores.
This is the 32nd article I have written covering the legalized recreational marijuana market. You can see my other articles by clicking on the regulation experiment tag.
One way to measure how severely the legal marijuana business has been restricted is to look at the number of licensed marijuana shops per 100,000 residents. For six Western states that allow recreational sales, here is the number of legal dispensaries per 100,000 people:
Seems like most industries have a tangled supply chain. The entire transportation system is sorely distressed.
The elitists in federal and state governments have a staggering level of hubris. They think waving their hands, clicking on their laptops, issuing press releases will make the entire economy bend to their will. What they accomplish is willfully causing disruption in your life and in my life.
Here are merely a few of the recent articles describing the tangled impact of Covid dictats and sundry government policies:
Lots of cargo ships are waiting to unload off the California coast.
Large port operator expects disruptions to last into 2023.
Workers in transportation sector warn of possible system collapse.
Chip shortage for carmakers will last into late 2022.
Looks like it might take another 15 or 18 months to untangle the worldwide supply chain.
A tweet I saw this morning (10/9/21) from someone flying out of Long Beach indicated the individual counted 50 ships waiting to unload.
At around 10,000 containers per ship that is somewhere around 370,000 containers waiting to be unloaded back in the middle of August and is now currently somewhere in the range of half a million containers sitting off the coast.
Article says a few months ago it was only nine. Normally it is zero.
The supply chain in most industries is tangled up somehow somewhere.
The people in federal and state governments with the staggering level of hubris to think they can wave their hands and make the entire economy do their bidding are willfully causing disruption in your life and in my life.
Previous post showed a graph of average daily production in North Dakota. After a record high of 1.52M barrels of oil per day (bopd) in 11/19, production dropped to a seven year low of 862K bopd in 5/20. Production recovered to1.32M bopd in 10/20 before dropping to 1.08M bopd in 2/21 and sitting at 1.12M bopd in 4/21 and 5/21.
The good news for the state is oil prices have been recovering.
Prices for North Dakota light sweet had been in the $40s to low $50s for 2019 and most of 2020 before dropping and hitting a rocket disrupted price of $9.16 in 4/20 and $7.92 and 5/20.
Prices recovered to $32.35 in 6/20 and then slowly increased to $63.62 in 6/21 and are at average of $50.50 in 7/21.
Above video is parody of the song “Imagine”, showing the actual results from communism every time it has been ever been tried: empty store shelves, hunger, poverty, repression, political prisons, and death.
The Stockholm International Peace Research Institute publishes a huge yearbook every yeare. I just learned about this. Yeah, yeah, I’m slow to catch on. I know. That’s why I’m writing this blog – to slowly catch on.
Anyway, I will not be buying the new edition because it runs about $100. Recent copies will run $60-$150 on eBay so will not be getting any of those. Copies 10 years or more from the past can be had for under $10. Might get one of those.
On 6/14/21 SIPRI announced release of their hot-off-the-press 2021 edition. Scroll to the very bottom of the linked page and you can see a link to a free copy of chapter 10 on World Nuclear Forces.
Following tables slice and dice information in the press release and chapter 10 for their estimates of world nuclear forces as of January 2021.
In the following tables, “deployed” is estimate of the deployed warheads either placed on missiles or located at bases where there are operational forces, which would allow rapid loading of the weapons.
“Other” means the warheads which are stored, reserves, or retired awaiting disassembly.
A foot note reminds us the British previously had an announced goal of dropping their inventory down to 180 but they announced this year they will increase the ceiling to 260.
The estimates for North Korea are guesses on how many weapons could be built based on the amount of fissible material they have produced.
Our weapons, along with our closest strategic allies:
Our freedom is under rapidly increasing assault by many politicians who think they are kings and queens appointed by divine right instead of having merely won a few more percentage points of the vote than their opponent in the last election. In the last year public health officials at the federal, state, and county levels who lack self-awareness of how often they beclown themselves have joined in the efforts to shred our liberty.
As a result of these attacks, it is ever more important that on this Memorial Day we remember those who shed all their blood so that we may be free.
A ‘thank you’ from me is so trivial, yet that is all I have.
I will demonstrate my appreciation for freedom purchased by others by exercising freedom.
Yesterday I exercised my freedom of religion. Tomorrow I will exercise my economic freedom, also called pursuit of happiness, by running my business the way I choose.
I have posted variations of the following ideas several times before. I will continue to make these points routinely.
While touring the U.S.S. Midway Museum in San Diego early this month, I wore a “U.S. Air Force” ball cap with various stuff pinned to it, such as the rank I wore, a missile badge (“pocket rocket” for those who know), SAC logo, and a rectangular piece of metal that declares “Combat Crew.”
During the course of walking around, I got lots of glances and several comments of “thank you for your service.”
Also got some joshing comments from the retired Navy guys about them ‘allowing’ me on their ship. Since we were all on the same team back in the day, the kidding was pure fun.
I was on active duty for only four years and that was decades ago. I never got within 3,000 miles of hostile action. (Of course if the flag had gone up, I would have been radioactive dust at 20,000 feet altitude about 40 minutes later.)
As a result, I was uneasy for a long time when someone said “Thanks for your service.”
It took me a few years to get to get comfortable with those comments.
I now graciously and proudly accept those expressions of appreciation from my fellow Americans, but not because of what I did so long ago.
Previous articles explained the U.S. Navy had three different nuclear weapons deployed at sea in 1990. That of course got me curious about the capabilities of those weapons.
One of the articles I cited had an intriguing table listing all of the nuclear weapons carried by the Navy over the last several decades. The table provided the data source in a citation, which led me to the following book: U.S. Nuclear Arsenal / A history of weapons and delivery system since 1945, by Norman Polmar and Robert S. Norris. I splurged and got a copy at a very nice price (better than what is available as of today).
It is an astounding resource. A veritable encyclopedia of the US nuclear arsenal. It covers warheads, reentry vehicles, missiles, helicopters, tactical fighters, and strategic bombers. Astounding.
For the moment I will dive into some information on the weapons deployed with U.S. Navy in 1990, which also probably covers their loadouts for a decade or two earlier. Will have lots more to discuss from the book later.
There were about 1,000 B43 bombs produced. They were in the inventory from 1961 through 1999.
I have been aware of the US defense posture of maintaining a triad for nuclear deterrence since I was in high school. Since way back then I’ve known the Navy had lots of nuclear weapons on SLBMs under the water.
Only recently have I learned there were a massive number of other nukes in the Navy in the tactical size.
Previous two posts have discussed the nuclear warfighting capabilities of U.S. Navy. Did some more poking around and found that there is actually quite a bit of material available online.
Came across one intriguing article, from Greenpeace of all people:
Article goes into great detail on US capabilities (45 pages), Soviet Union (26 pages), England (11 pages), France (6 pages), and China (2 pages).
Articles written in 1990, which is a useful framework for reference for several reasons.
First, that is about a year before the United States decided (as directed by President Bush) to offload all nonstrategic nuclear weapons from U.S. naval ships. Second, that is a few years after I was on active duty so corresponds relatively close to what was going on my experiences. Third, this corresponds closely to the aircraft on the deck of the U.S.S. Midway Museum, so I have decent pictures to go along as illustrations.
I’ll describe a number of interesting tidbits I found in the article.
By the way, since I’m talking about nukes, please know I’ve long since forgotten anything I ever knew so today I don’t know nothin’ about nothin’ except what I read in non-government or declassified public documents. Just so you know.