Developments in the drone world are amazing. A few articles recently that caught my eye.
2/9 – Behind the Black – Oregon as seen by a drone – Watch the eye-popping video produced by a drone. No helicopter could produce those views. This is a foretaste of what drones will do:
In what looks to be a contract dispute, PG&E pointed out Ivanpah plant wasn’t delivering the contractually required amount of electricity and therefore was in violation of some state rules or regulations or something.
That meant Ivanpah needed special dispensation to continue operations. On Thursday, the state gave that permission.
Additional coverage of Mr. McClendon and preliminary results of the investigation.
3/5 – Holman Jenkins at Wall Street Journal – Death of a Fracker – Subtitle is
“Drill, baby, drill.” Aubrey McClendon did, and left America stronger, richer and safer as a result.
Article says that whatever bit of economic growth the US has seen in for several years (I’m thinking about maybe for the last five years) is largely due to the frackers, of whom Mr. McClendon was a leading player. Author labels his risk tolerance as out there in the lunatic range.
The glare from the Ivanpah towers is visible to pilots 100 miles away. The field around that white-hot tower toasts birds that venture too close. Photo by James Ulvog.
In old news, the plant isn’t producing as much electricity as expected. The new information is the wing-toasting solar plant isn’t meeting its contractually required output. Due to peculiarities of the regulatory world, this means it needs special permission from state regulators to keep operating.
I have not noticed a lot of coverage of the efforts to regulate the newly state-legal business of recreational marijuana. Here are a few articles catching my interest.
As a reminder, I am watching the efforts in Colorado and Oregon to develop a new industry which is highly regulated. This is a natural experiment to test my hypothesis that heavy-handed regulation will constrain a new industry.
1/5 – Denver Post via The Cannabist – Federal judge tosses Colorado marijuana banking lawsuit – State of Colorado chartered a credit union, the Fourth Corner Credit Union, with its business model of serving the state-legal marijuana industry. The credit union requested a master agreement allowing it to access the Federal Reserve system and thus participate in the banking system.
The FRB denied the application. The credit union sued.
A federal judge threw out the suit on the basis that allowing the credit union to operate would “facilitate criminal activity” since marijuana is illegal under federal law.
6 wells just about ready to start producing. Photo by James Ulvog.
The increase in DUCs, or drilled but uncompleted wells, in North Dakota is getting to be old news. The new word of fracklog has emerged to describe and quantify the number of wells waiting to be fracked before they go into production. Two recent articles and then a graph of the fracklog.
Big headlines recently announced two companies have stopped fracking. This is neither a big story nor a new story.
Previously mentioned the following article which says Whiting Petroleum will stop fracking its wells in the second quarter. This means they will keep drilling but not frack & complete any wells.
The year and half of effort by Saudi Arabia to shut down the shale industry is finally having a visible impact on production in North Dakota. Average production dropped 30,590 bopd to average of 1,122,106 bopd in January. That is a 2.65% drop in January following a 2.46% drop in December.
I’ve seen speculation that the January output would drop dramatically. Not sure that two and a half percent meets that particular forecast.
January production is down 105k bopd from the high water mark in December 2014. Going to take a reeeeeally long time to clear the 1 million bopd world-wide oversupply at that rate.
Don’t have time to update all my graphs this month, so here is the basic production graph I’ve been tracking:
The city of Williston has voted down a compromise plan that would have allowed man camps to continue within the city and the one-mile reach beyond city limits. Unfortunately, this issue illustrates one dark side of capitalism: the tendency towards cronyism, or insisting the government intervene to protect you from competition or demanding that the government give you special favors.
3/3 – Williston Herald reprinted at Dickinson Press – Big oil makes big push for crew camps compromise– An alliance of 31 energy companies are suggesting a compromise to city of Williston as an alternative to shutting down all crew camps.
Suggestion is to cut beds 25% in each of the next two years and double the per-bed ‘fee’ to $800.
The future for the land that was going to be used for the Palen solar project. Image courtesy of DollarPhotoClub.com
There will not be any environmental and economic destruction from the Palen project in Riverside County. It is as dead as the wildlife it would have otherwise killed.
12/16/15 – Chris Clarke at ReWire – Weird Twist for Riverside County Solar Project– The Palen Solar Power Project has been sold by its near bankrupt owner to the fifth owner. A bankruptcy court has approved the transfer from Abengoa Solar to Maverick Solar LLC (sub of EDF Renewable Energy).
An article explaining why Peak Oilers are in hiding prompted me to graph worldwide oil production.
Peak Oil doctrine was wrong when announced by Dr. Hubbert. It was wrong at the turn of the century before the energy revolution was kicked off by technology that was unimaginable 50 years ago. Peak Oil doctrine is still wrong. It will continue to be wrong.
Check out my graph to see a visual explanation of the foolishness.
1/21 – Hit and Run blog at Reason – Where Have All the Peak Oilers Gone?– Article points out that four of the most visible Peak Oilers are in hiding. Another one of them is still speaking out. In addition, he wrote a new forward in 2010 to his 2007 book proclaiming yet again oil production will go into an irreversible, inevitable slide.
Legacy of Aubry McClendon: drilling for tight oil that was untouchable 20 years ago. Photo by James Ulvog.
A few more articles on Aubrey McClendon. He will be well-remembered as a key player in the world-shaking energy revolution in the U.S.
For background on Mr. McClendon and how he played a massive role in the energy revolution check out:
3/4 – Russell Gold at the Wall Street Journal – How Aubrey McClendon Led Today’s Energy Revolution– Article calls him not just an advocate but the chief apostle of hydraulic fracturing. He took the lead in fracking and grabbing lots of land to explore.
The legacy of Aubrey McClendon, R.I.P. Well of a different company in a different state, yet still part of his legacy. Photo by James Ulvog.
May God pour out peace on the family and friends of Aubrey McClendon, former CEO of Chesapeake Energy, who died yesterday in an automobile crash.
I hope his family and friends will work through their tragic loss and find peace at the end of the journey.
Mr. McClendon was a pioneer in the radical transformation of the energy industry in the U.S., having been a leading entrepreneur in extracting natural gas and crude oil from rock that was untouchable before the 1990s.
Photo courtesy of DollarPhotoClub.com. I’m nowhere near a good enough photographer to get a shot like that.
I’m catching up on a bunch of old articles of interest. Here are a few articles over the last year on various types of devastation that wind turbines cause wildlife. Also, a few projects being halted in order to prevent the killing.
4/2/15 – (Yes, yes, an April 2015 article discussed in March 2016. Like I said, I have a lot of catching up to do.) Chris Clarke at ReWire – Study Proves How Little We Know About Wind Power and Eagle Mortality –Mr. Clarke cites a particular peer-reviewed study on eagle mortality at a wind facility near Palm Springs.
He explains the subtle nuance in the report and describes how people could take part of the conclusions and use it to support their opinion. If read and analyzed carefully, Mr. Clarke says the paper does not provide any conclusive proof of anything.
All it offers is observations by teams that were on site a few months of the year tracking desert tortoises. While doing their visits a few days at a time over the course of only 4 months a year, they documented whatever bird carcasses they happened to stumble across. Not exactly a conclusive study.
The report cites a separate study that placed chicken carcasses in the desert to see how fast predators ate them up. That study found only 1 of 10 chicken carcasses were still in place after 10 days.
The view from Mr. Graves’ residence for the next 33 years or so. Photo courtesy of DollarPhotoClub.com
As was mentioned earlier, on February 17th many women who had been trafficked in prostitution received justice when Keith Graves was sentenced to 33 years 9 months in federal prison.
Amy Dalrymple interviews several of the victims and explains After the trauma of sex trafficking, women struggle to cope. The emotional aftermath is severe. The trial was devastating for the witnesses, because Mr. Graves was able to cross-examine them in person since he was representing himself. Check out the article for a better description of the trauma involved.
Most of the sentencing documents are now available in the federal PACER system. Since those are public documents, I will post them as part of this discussion. Feel free to read the following documents if you are really interested. Or really, really bored.
I will summarize and comment on the documents in case you don’t want to read them.
Sentencing
The sentence is 405 months for each of five counts of trafficking, with sentences to run concurrently and credit for time served. That is 33 years and nine months. Follow along with me for a few minutes and I’ll explain where the 405 number came from.