US EIA released their Monthlies for Petroleum Supplies, Natural Gas, and Biofuels Capacity & Feedstock - Available Now!

 

The US Energy Information Administration (EIA) released their Natural Gas, Petroleum Supplies, Biofuels Capacity & Feedstock Monthlies on March 31, 2023 are all now available from the EIA website. 

See what happened this month in the Natural Gas Monthly by clicking the link: www.eia.gov/naturalgas/monthly/

See what happened this month with Petroleum Supplies by clicking the link: Petroleum Supply Monthly - Energy Information Administration (eia.gov)

See what happened this month with Biofuels Capacity and Feedstock by clicking the link: Monthly Biofuels Capacity and Feedstocks Update - U.S. Energy Information Administration (EIA)

If you need help moving your hydrocarbon or biofuel liquids, remember we are here to get you moving!  Check out our ESC website!

Have a great weekend!

US EIA Weekly updates for Petroleum & Other Liquids and Natural Gas are all available now!

 

The US Energy Information Administration (EIA) Weekly Reports for Petroleum and Other Liquids, Heating Oil and Propane, Gasoline and Diesel Fuel, and Natural Gas for the week of March 29, 2023 are all now available from the EIA website. 

See what happened this Week in Petroleum by clicking the link: This Week in Petroleum - U.S.Energy Information Administration (EIA)

We would like to note this is the last one of the season for Heating Oil and Propane Update.  See what happened this week in Heating Oil and Propane by clicking the link: Heating Oil and Propane Update - Energy Information Administration (eia.gov)

See what happened this week in Gasoline and Diesel Fuel Update, by clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA)

See what happened this week in Natural Gas by clicking the link: Natural Gas Weekly Update (eia.gov)

Have a relaxing and fun weekend!

Record breaking Gulf of Mexico lease sale! What's with all the traffic?

Happy Friday! 

Well did anyone read The Houston Chronicle or see the reprint on MSN on Thursday, March 30, 2023 called,” Gulf lease sale sees $264M in bids.”   The auction on Wednesday brought in record bids since the lease sales in 2017.  The Gulf of Mexico Off-shore lease sale had over thirty companies which included Exxon Mobil, Chevron, BP, and Occidental Petroleum (OXY) as well as others and they all were granted pieces of the 1.6 million acres with the permission to develop oil and gas.  Two lease sales were part of the agreement to get the Inflation Reduction Act passed.  The second lease sale for the Gulf of Mexico will take place Wednesday, September 27, 2023, if all goes as planned. 

If you would like to read the article from The Houston Chronicle on MSN for free, please click the link: Gulf lease sale draws $264 million in bids for offshore drilling (msn.com)

Don’t forget to check out our ESC website!

We would like to say, “Go Houston Astros!”  

We’re sorry that yesterday game didn’t go so well, but today is a new day!  Let’s all wish the Houston Astros the best of luck and go kick **** tonight!

“Go Houston Rockets!”  The Houston Rockets play tonight as well, so leave with plenty of time to park.

Downtown is a happening place this weekend!  Remember MetroRail is free for those of you coming to the festivities, see the link below for details of the happenings around the downtown and NRG areas of town. The city of Houston is advising, if you don’t need to drive in the Downtown and NRG areas of town don’t!  They have several streets downtown closed for the festivities especially by Discovery Green and George R. Brown Convention Center. 

If you would like to more information regarding the free MetroRail rides this weekend to Downtown Houston for Discovery Green, please click the link: Ride METRO to NCAA Final Four | March Madness | NRG Stadium | Houston, TX

If you would like to check out the events or register for the concerts at Discovery Green, please click the link: March Madness Music Festival at Discovery Green - Discovery Green

If you would like information about the Men’s Final Four or its Fan Fest schedule, please click the link: Events — NCAA Final Four Houston

If you would like to see the Houston Astros schedule, please click the link: Houston Astros Schedule |Houston Astros (mlb.com)

If you would like to check out the Houston Rockets schedule, please click the link: Rockets - The official site of the NBA for the latest NBA Scores, Stats & News. | NBA.com

We hope you have a great weekend and remember leave with plenty of time, if you’re coming to downtown or NRG area or better yet take the MetroRail!  Remember be patient and drive safely!

It's Opening Day for the Houston Astros and MLB!

We would like to say, “Go Houston Astros!”

Today is the opening day for Major League Baseball (MLB) Season and our own Houston Astros will be taking on the Chicago White Sox at 6:08 PM CT at Minute Maid Park and it will be televised on ESPN. 

If you would like to see the opening day line-up and thoughts for these two teams from MLB, please click the link: White Sox, Astros 2023 Opening Day FAQ (mlb.com)

If you would like to see the Houston Astros schedule, please click the link: Houston Astros Schedule | Houston Astros (mlb.com)

We hope you have a great rest of your week!  Drive safely!

EIA's Monthly Energy Review has been released!

 

The US Energy Information Administration (EIA) released their Monthly Energy Review on March 28, 2023 and it is now available from the EIA website. 

See what happened this month in the Monthly Energy Review by clicking the link: Total Energy Monthly Data - U.S. Energy Information Administration (EIA)

 

The EIA posted today (3/30/23) that the U.S. crude oil exports increased to a new record of 3.6 million barrels a day in 2022.  If you would like to read more, please click the link: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

Have a good day!

Men's Final Four, Astros Opening Weekend, Houston Rockets, Music and Traffic! Oh My!

Happy Hump-day (Wednesday)! 

Did anyone read The Houston Chronicle on Tuesday, March 28, 2023?  They had an article called, “Safety advised for a busy weekend of events.”  It is about the circus (traffic) we’re going to have for this weekend through April 4^th, 2023 and how to stay safe.  The city has the Men’s Final Four at NRG Stadium, March Madness Festival at Discovery Green (downtown), The Men’s Final Four Fan Fest at George R. Brown Convention Center (downtown), the Houston Astros opening weekend (downtown) and home games for the Houston Rockets (Downtown) all this weekend.  Wow 4 big events in such a short window of time!  The City is advising, if you don’t need to drive in the Downtown and NRG areas of town don’t!  They have several streets downtown closed for the festivities especially by Discovery Green and George R. Brown Convention Center.  Please check out the article for specifics!

March Madness events at Discovery Green starting this Friday you will be able to ride the MetroRail for free through April 3, 2023.  You need to register for tickets ahead of time for concerts at Discovery Green there is a limit of 22,000 people.  Please click the link for Discovery Green to check see all the happenings!  Men’s Final Four will have Fan Fest activities at George R. Brown Convention Center, too.  As well as the games at NRG Stadium. 

We should not forget it is opening weekend for baseball season and our own Houston Astros will be taking on the Chicago White Sox all weekend.  Also your own Houston Rockets have games at home, too. WOW a lot going on this weekend!  Please check out the links to get you started with a great weekend of fun and full of traffic!!!

** Remember MetroRail is free for those of you coming to the festivities, see the link below for details.

If you would like to read the article from The Houston Chronicle on MSN for free, please click the link: Going to the Final Four or March Madness Festival in Houston this weekend? Here's howto stay safe. (msn.com)

If you would like to more information regarding the free MetroRail rides this weekend to Downtown Houston for Discovery Green, please click the link: Ride METRO to NCAA Final Four | March Madness | NRG Stadium | Houston, TX

If you would like to check out the events or register for the concerts at Discovery Green, please click the link: March Madness Music Festival at Discovery Green - Discovery Green

If you would like information about the Men’s Final Four or its Fan Fest schedule, please click the link: Events — NCAA Final Four Houston

If you would like to see the Houston Astros schedule, please click the link: Houston Astros Schedule |Houston Astros (mlb.com)

If you would like to check out the Houston Rockets schedule, please click the link: Rockets - The official site of the NBA for the latest NBA Scores, Stats & News. | NBA.com

We hope you have a great rest of your week!  Drive safely!

Reminder about the Lower Houston Ship Channel and New Dimensions

Well, Happy Twos-day (Tuesday)! 

We just wanted to make sure everyone knows that Section 1A of Project 11 of the lower Houston Ship Channel is completed and surveyed from Lighted Buoys 27 through Light 36 which is roughly Bolivar Road to Redfish Road.  The completed 11-mile section for the main channel has been expanded to 700-feet by 45-feet.  Please check out the announcement from the US Coast Guard from the Houston-Galveston Marine Safety Division for the specifics, please click the link: 610f0f0b-c083-48a3-ad62-fb31242330ec.pdf(constantcontact.com)

If you would like to check out the US Coast Guard Atlantic Area – Houston Galveston Sector for other important bulletins, please click the link: https://www.atlanticarea.uscg.mil/Our-Organization/District-8/District-Units/Sector-Houston-Galveston/

If you would like to know more information about our Houston Ship Channel and Project 11, please check out the Greater Houston Port Bureau for more important information.  Check them out at: Greater Houston Port Bureau | GHPB (txgulf.org)

Check out our website!

Carbon Dioxide Pipelines in the MidWest - Will they have hang-ups, too?

Well, welcome back to a beginning of a new week!  We hope you enjoyed your weekend!

Did anyone read on the internet from Yahoo! News last week about the reprint of the New York Times article,” A Different Kind of Pipeline Project Scrambles Midwest Politics” from March 20, 2023.   It’s pretty interesting because it speaks about the same kind of complaints people made about other pipelines like landowners not wanting it to cross their property, and it might be dangerous.  The same groups that protested against the Keystone XL and the Dakota Access Pipelines are joining forces once more against Summit Carbon Solutions proposed approximately 2,000-mile carbon dioxide pipeline which would be crossing five states to be stored underground in North Dakota.  I guess after getting all this bad press Summit Carbon Solutions wanted to let everyone know it is making progress with the carbon dioxide pipeline.  Today Summit Carbon Solutions announced they’ve acquired 70% of the pipeline route from North Dakota landowners by voluntary easement agreements. It sounds like the rest may be an uphill battle, but check out the article and see what you think.  Is this the partial solution to climate change?

If you would like to check out the article about its hang ups from Yahoo! News, please click the link: A Different Kind of Pipeline Project Scrambles Midwest Politics (yahoo.com)

If you would like to check out the announcement from Summit Carbon Solutions, please click the link: North Dakota Landowners Sign Voluntary Easement Agreements with Summit Carbon Solutions Totaling 70% of the Pipeline Route - Summit Carbon Solutions

Our team of experts have experience in helping you move your liquids to underground storage and navigating the permit process, so if you would like to start a project, today!  Check out our ESC website!

**Disclaimer – please note there may be a fee involved to see this article in the New York Times. * 

US EIA Petroleum & Other Liquids and Natural Gas Weekly Reports and Biweekly Report for Wholesale Electricity and Natural Gas Market Data are Available Now!

The US Energy Information Administration (EIA) Weekly Reports for Petroleum and Other Liquids, Heating Oil and Propane, Gasoline and Diesel Fuel, and Natural Gas for the week of March 23, 2023 are all now available from the EIA website. 

See what happened this week in Petroleum by clicking the link: This Week in Petroleum -U.S. Energy Information Administration (EIA)

See what happened this week in Heating Oil and Propane by clicking the link: Heating Oil and Propane Update - Energy Information Administration (eia.gov)

See what happened this week in Gasoline and Diesel Fuel Update, by clicking the link: Gasoline and Diesel Fuel Update - U.S. Energy Information Administration (EIA)

See what happened this week in Natural Gas by clicking the link: Natural Gas Weekly Update (eia.gov)

The US Energy Information Administration Bi-Weekly Wholesale Electricity and Natural Gas Market Data was released this week (March 23, 2023) and are available from the EIA website.

See what happened with Wholesale Electricity and Natural Gas Market Data in the last two weeks by clicking the link: U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

Have a relaxing and fun weekend! 😊

US EIA Annual Energy Outlook (AEO) 2023 and U.S. Energy Atlas

 

The US Energy Information Administration Annual Energy Outlook (AEO) 2023 came out March 16, 2023 and is now available from the EIA website. 

See what the long-term trends are for the United States for 2023, by clicking the link: AnnualEnergy Outlook 2023 - U.S. Energy Information Administration (EIA)

The US Energy Information Administration has a neat U.S. Energy Atlas you should check out.  It even has a map called Energy Disruptions Map which shows possible threats to energy infrastructure from serious natural disaster events. If you would like to check out the maps, please click the link: Maps | U.S. Energy Atlas (eia.gov)

Have a great end to your week!

The New President of The Greater Houston Port Bureau will be Captain Eric Carrero!

 

We hope you all are enjoying your Hump Day (Wednesday)! 

We’d like to say, “Welcome Aboard to Captain Eric Carrero!” 🚢

The Greater Houston Port Bureau announced the replacement for the retiring Captain Bill Diehl earlier this week.   Captain Eric Carrero will be taking the helm as the President of The Greater Houston Port Bureau on July 1^st, 2023.  Captain Eric Carrero will be retiring from the U.S. Coast Guard after 26 years of service in May 2023.  Captain Carrero is no stranger to the Houston/Galveston region and the Houston Ship Channel after being assigned here for 8 years, and he served as Commanding Officer of the Marine Safety Unit Texas City.  His current leadership position is of the Waterways Management Division for the U.S. Coast Guard’s Eight District which will give him a special view of U. S. Ports, and with that experience it will help him direct and grow the Greater Houston Port Bureau into the future.  We wish Captain Eric Carrero a happy retirement and successful career here in Houston! 

If you would like to read the original announcement from The Greater Houston Port Bureau, please click the link: TheGreater Houston Port Bureau Announces New President - Greater Houston PortBureau (txgulf.org)

We hope you have a great day! 

Follow-up to 2nd Chances for Carbon Capture Plant in Richmond, Texas

We hope you all are enjoying your two for Twos-day (Tuesday)!

Did you catch my Valentine’s Blog about the article called, “Carbon Capture Plant’s Revival Offers Opportunity for Redemption” in the Texas Inc. section of The Houston Chronicle on February 13, 2023 which was a reprint of a Bloomberg article?  It is about a local carbon capture plant in Richmond, Texas who is having a comeback and getting a second chance at life.  After a few upgrades on the plant which are expected to be completed in June 2023, the plant will restart.  This plant is expected to ship the carbon it captures to an energy company’s oil field, and they will be using it for a process called enhanced oil recovery. Enhanced oil recovery is a process where carbon dioxide is injected into an oil well and it squeezes out the oil and is then stored in reservoirs deep underground. 

Well, The Houston Chronicle has done a follow up article in the Spotlight in the Texas Inc. section called, “Carbon Capture – Petra Nova is being revived.  Can it live up to its promise?”   In the article, it speaks about how the Petra Nova plant had many problems and outages, even had a fire in one of its Units.  Petra Nova being first of its kind large scale carbon capture plant was expected to have issues and because of the issues it didn’t collect as much carbon dioxide as promised.  How will it be different this time besides the tax credits from the Inflation Reduction Act helps with the cost of running the plant!  I guess we will see, if they can iron out and improve on what they have learned because all eyes are on them. 

Well, seems like carbon capture of this magnitude would have some hiccups along the way to cleaning up emissions and helping with climate change.  If you think about the first automobiles, people laughed at them and said it wouldn’t work, because they weren’t reliable due to breakdowns, and it caused a lot of pollution. Now look at the automobile we could not live without them, and they’re more fuel efficient and have less emissions than ever, especially compared against those first automobiles.  I guess we will find out soon enough what will help us and our fight against climate change.

If you would like to read the original article from Bloomberg, please click the link. www.bloomberg.com/news/articles/2023-02-08/the-world-s-largest-carbon-capture-plant-gets-a-second-chance-in-texas?leadSource=uverify%20wall

If you would like to read the follow-up from The Houston Chronicle, please click the link: PetraNova seeks to reboot industrial carbon capture (houstonchronicle.com)

Our team of experts have experience with designing and helping with vapor recovery to reduce your emissions and can help you and your project reduce you’re your carbon footprint. Contact us to see how we can help!

We hope you have a great rest of your week! 

*Disclaimer – please note there may be a fee involved to see this article in The Houston Chronicle, and it is also available on Bloomberg for a fee.

ABS Class research vessel to be fueled by hydrogen fuel cells and diesel-electric power plant.

Well, welcome back to a beginning of a new week!  We hope you enjoyed your weekend! I enjoyed my vacation, but it could have been longer. 

I admit I didn’t read any when I was on vacation, but before I left, I ran into an article about an ABS class vessel which was going to be dueled powered.  The article from Tank News International called, “Hydrogen-Fuelled research vessel to be built to ABS Class” is about a research vessel commissioned by the University of California San Diego’s Scripps Institution of Oceanography and designed by Glosten which will use hydrogen fuel cells for 75 percent of its missions and 25 percent conventional diesel-electric powered power plant for its longer missions.  We thought this was pretty cool in light of the big push for hydrogen as a clean energy source during CERAWeek.  Maybe this is the beginning of more uses for hydrogen, so more people start designing hybrid vehicles!

If you would like to check out the article from Tank News International, please click the link: Hydrogen-Fuelledresearch vessel to be built to ABS Class | Tank News International.

We hope you have a great week!

**Disclaimer – please note there may be a fee involved to see this article in Tank News International or you may have to join. * 

The Wrap up to CERAWeek 2023!

Well, welcome back to a beginning of a new week!  We hope you enjoyed your weekend!

Did anyone read The Houston Chronicle on Sunday, March 12, 2023 and their article,” Energy czars look to future of alternatives - ’Orderly transition’ to green fuel sources caps the discussion.” CERAWeek by S&P Global is over and the 7,200 energy industry visitors have returned to their respective hometowns.  Houston again showed why we are, “The Energy Capital of the World!” The big topic for the Big Oil and Gas companies is how can we transition quickly into new energies and navigate the obstacles.  It looks like the buzz phrase for the week is “Orderly transition” this is what we’re going to need according to the Big Energy Companies to move into a renewable energies' future.  Jennifer Granholm, the U.S. Energy Secretary agreed on how we need to control the transition, and have permitting take a reasonable amount of time, as well as, protecting the environment in the process.  Another speaker, John Kerry, the Special Presidential Envoy for Climate toted we need to utilize technology in our fight against climate change.  Mr. Kerry continued to also speak about the need to change our way of doing business but do it in an orderly and systematic way.   

There are several sections to CERAWeek.  The Agora section speakers were popular, when it came to attendees, and they wanted to know about what’s next.  The CEO of Oxy, Vicki Hollub was a speaker in the Agora section of CERWeek, and she spoke of the changes Oxy has done with carbon capture and her vision to move into nuclear and lithium as a viable future to help the fight against climate change.  The other hot topic to speak about was hydrogen, but it would take us decades to completely develop the demand, as well as the technology to use it.  The Oil and Gas section spoke about how in the foreseeable future we would still need it.  Speakers in other sections of the conference spoke about the Texas power grid and how there is no agreement on how to fix it.  They also spoke about how to store wind and solar energy, and the use of backup power.  It looks like there was a nice group of speakers at CERAWeek with a vision for change!

If you would like to check out the article about the wrap of CERAWeek or any of the other articles about the other popular speakers from The Houston Chronicle, please click the link: Hydrogen,electricity take center stage at CERAWeek energy conference(houstonchronicle.com) or click the speaker’s name.

Our team of experts have experience in helping get your liquid products like biofuels moving and out to your clients, so if you would like to start a project, we’re here to help!

We hope you have a great week, and happy Spring Break for those of you who are lucky to go on vacation!  This is D3 signing out until next week.

**Disclaimer – please note there may be a fee involved to see this article in The Houston Chronicle. * 

US EIA Petroleum & Natural Gas & Propane Weekly Reports are Available Now!

The US Energy Information Administration Weekly Reports for Petroleum and Other Liquids, & Natural Gas, & Heating Oil and Propane for the week of March 8, 2023 are now available from the EIA website. 

See what happened this week in Petroleum, by clicking the link: This Week in Petroleum -U.S. Energy Information Administration (EIA)

See what happened this week in Natural Gas, by clicking the link: Natural Gas WeeklyUpdate (eia.gov)

 See what happened this week in Heating Oil and Propane, by clicking the link: Heating Oil and PropaneUpdate - Energy Information Administration (eia.gov)

Have a great weekend!

Learnings from the Commerce Club Luncheon on Thursday, March 9, 2023

Happy Thursday! 

Well, we went to the Greater Houston Port Bureau Commerce Club Luncheon at the Houston Marriott South at Hobby Airport.  The speaker was COL Michael E. Fossum, Vice President, Texas A&M University (TAMU), Chief Operating Officer, Galveston Campus, and Superintendent, Texas A&M Maritime Academy.  Colonel Fossum has had a long, interesting career in the Air Force and National Aeronautics and Space Administration (NASA) where he was an astronaut who has had more than 194 days in space and had done 7 spacewalks, and even was the Commander of the International Space Station (ISS).   After his retirement from NASA, he joined TAMU in Galveston.  Here he is helping build the future of the maritime industry.

Colonel Fossum gave an informative talk about how TAMU at Galveston is supporting the future of the maritime industry especially with its Maritime Academy.  He spoke about the importance of our Blue Economy which has been even more important since Covid and all the supply issues we have had.  What is a Blue Economy it is how we use and care for oceans, rivers and lakes for the betterment of our lives which include everything from employment, growth of our economy, recreation, energy as well as caring for its habitat in a responsible way. 

The Maritime Academy at TAMU at Galveston is one of seven of its kind in the United States.  At the Maritime Academy students will have normal classroom learning experience, but they will have three summer sea terms for seamanship, navigation, and engineering operations onboard a training ship which originates in the Gulf of Mexico.  They are expecting the TS Kennedy freighter this year for more of a full-time arrangement with the US Government to help train our countries future merchant marines.  The United States Maritime Administration (MARAD) is building a training ship at the cost of more than $330 million dollars, but it will also be used as an emergency relief vessel for when we have disasters or hurricanes, and it will originate in TAMU at Galveston in the Gulf of Mexico.  The training vessel has recently started construction and is expected to be completed by late 2024 or early 2025.    If you would like more information about the Maritime Academy at Texas A&M in Galveston or any of its other programs, please click the link: Texas A&M University at Galveston - Texas A&M Galveston, TX (tamug.edu)

If you would like to learn more about the training and emergency relief vessel being built for the Department of Transportation’s Maritime Administration (MARAD), please click the link: NationalSecurity Multi-Mission Vessels | MARAD (dot.gov)

We are looking forward to the next Commerce Club, which is on Thursday, April 13, 2023.  We hope to see you there!

Have a great and relaxing evening!

TCEQ and the Proposed Aboveground Storage Vessel Safety Program

Happy International Women’s Day!  Tell the women is your life.   “Thank you for all they do!” And Happy Wednesday! 

Have you heard about SenateBill 900 where the Texas Legislature amended the Texas Water Code by adding several sections to Chapter 26 in which they enacted a new program called, ‘Performance Standards for Safety at Aboveground Storage Vessels?”  This new code will affect petrochemical plants, petroleum refineries and bulk storage terminals who have containment tanks or something similar which hold 21,000 gallons or more of regulated substances (as described in TWCSection 26.343) and are made of concrete, steel, plastic or something similar. Texas Commission on Environmental Quality (TCEQ) must establish the Aboveground Storage Vessels Safety (ASVS) Program by September 1, 2023.  The new rules will be in Title30 Texas Administrative Code Chapter 388.  The TCEQ is in the comment phase of the proposal and will be having six public hearings around Texas to hear what people think of their rules, and/or they may mail in your comments.   Three of the rules they are proposing are:

·          1.  Protect groundwater and surface water in the event of an accident or natural disaster.

·          2.  Identify new safety elements that TCEQ must include in the ASVS Program.

·          3.  Define which entities are regulated. 

If you would like to attend the hearing in Houston it will be Wednesday, March 29, 2023 at 6 p.m. at MagnoliaMulti-Service Center.  If you would like to make an oral statement or written statement, you must register at the hearing.  There will be an open discussion thirty minutes prior to the hearing, but not during the actual hearing. 

If you would like to read more about TCEQ’s announcement and specifics to the kinds of aboveground storage or other locations for the hearings, please click the link: New ProgramRegulating the Safety of Aboveground Storage Vessels - Texas Commission onEnvironmental Quality - www.tceq.texas.gov

Well, I hope to see you at the Greater Houston Port Bureau Commerce Club Luncheon at the Houston Marriott South at Hobby Airport.  I hope you made your reservations, because I hear it is sold out.  It should be an interesting talk from COL Michael E. Fossum, Vice President, Texas A&M University, Chief Operating Officer, Galveston Campus, and Superintendent, Texas A&M Maritime Academy.

Have a great and relaxing evening!

CERAWEEK S&P has started here in Houston!

Happy Tuesday!

Well, CERAWEEK S&P has started here in Houston at the George R. Brown Convention Center and Hilton Americas Hotel Downtown.  It started yesterday and goes through Friday, March 10, 2023.  We are expecting visitors from over all over the world for the conference, and hydrogen will be a hot topic as well as other sustainable energies and minerals. 

Has anyone read the Texas Inc. section of The Houston Chronicle on Monday and the article called “Spotlight: CERAWEEK - CRYSTAL BALL-CERAWeek offers energy insiders, policymakers and observers a ‘window into the future’?”  The Houston Chronicle interviewed Daniel Yergin about what he sees happening in energy now and in the future, and what roles hydrogen,  LNG, and other sustainable energies will play.    If you would like to check it out, please click the link: CERAWeek:Energy transition, security and the rise of hydrogen (houstonchronicle.com)

If you would like to learn about CERAWeek S&P and its speakers, please click here: CERAWeek by S&P Global | The World's Premier Energy Event

Have a great week and enjoy CERAWEEK!

Oxy's Subsidiary 1PointFive located a CCUS site to be developed in East Texas which will be called Bluebonnet

Happy Monday!

Did you hear about the announcement Thursday, March 3, 2023, made from Occidental Petroleum Corporation (OXY) and its subsidiary 1PointFive?  1PointFive is their carbon capture utilization and sequestration company, and they have been on the lookout for a land along the Gulf Coast.  They finally found a site with more than 55,000 acres.  1PointFive location is overlapping into three Texas counties: Chambers, Liberty, and Jefferson, and the hub will be called Bluebonnet.  Bluebonnet Hub is the perfect location to take advantage of all the Oil and Gas industries in and around the Houston, Baytown, Port Arthur, and Beaumont areas, and use existing pipelines to gather CO2 and transport to the underground saline aquifers.   1PointFive has done a successful stratigraphic test well and subsurface assessment to confirm the site’s ability to contain carbon dioxide in the deep saline aquifers.  The company plans the Bluebonnet Hub will be up and running by 2026, and they will be filling for permits this year. 

Last year it was announced Oxy’s Low Carbon Ventures which 1PointFive is part of will be partnering with Enterprise Products Operating, LLC (subsidiary of Enterprise Products Partners, L.P.) in developing a carbon dioxide transportation system using Enterprise’s existing and expansive pipeline system in addition Enterprise will be adding new pipelines in the Texas Gulf Coast region connecting to the Bluebonnet Hub.  Both companies feel this is a good solution to help the Texas Gulf Coast reduce its emissions in the Houston and Beaumont areas. 

If you would like to read Oxy’s full press release, please click the link: 1PointFiveAnnounces Plan to Develop a Carbon Capture and Sequestration Hub in SoutheastTexas (oxy.com)

If you would like to view the full press release about the collaboration between Oxy Low Carbon Ventures and Enterprise, please click the link: Enterpriseand Oxy Low Carbon Ventures Sign Letter of Intent for Gulf Coast CO2Transportation and Sequestration Project | Enterprise Products Partners L.P.

Our team of experts have experience in underground storage, so if you too would like to get a project going, we’re here to help!

Have a great week!

A New Poll Finds Texans Support Geothermal and Other Renewable Energy Sources

Happy Friday! 

Has anyone caught the article in Tank Storage News Americas sent in the newsletter today?  It is called, “Texas survey shows growing support for next-generation geothermal and other renewables.”  University of Houston Hobby School of Public Affairs released a poll completed by Texans.  The Energy poll of 1,200 Texans showed how they felt about renewables and traditional energy sources.  The results were surprising because it showed Texans have a favorable attitude toward expanding renewable energy sources like solar farms (64%), wind farms and hydroelectric dams (57%), nuclear plants (42%), and geothermal (59%).  While there was less support for expanding non-renewables like conventional fossil fuels (41%), offshore natural gas (40%), fracking (35%), and the use of coal (27%). 

The biggest surprise of the survey was Texan republicans (63%) and democrats (59%) were very close in their approval of use of geothermal energy.  With the 2021 Winter Storm Uri in which there was almost total failure of the electric grid Texans are ready to embrace something that will be as consistent an energy source as fossil fuels.  Geothermal energy isn’t affected by the weather and time of year like solar and wind, and there has been strive in the development of less restrictive extraction of this energy source as well as the reducing the cost.  Let’s hope the lawmakers in Texas put this study to good use in their current legislative cycle, and the surplus of $33 billion to benefit all Texans.  If you would like to view the article from Tank Storage News Americas, please click the link: Texassurvey shows growing support for next-generation geothermal and otherrenewables - Tank Storage News America

If you would like to see the article published by the University Of Houston Hobby School Of Public Affairs, please click: Majorityof Texans Back Shift to Solar Energy - University of Houston (uh.edu)

Our team of experts have extensive experience in the development and expansion of pipelines, and with over forty percent of the survey supporting the increase in fossil fuels, we would like to help you get a capital project off the ground!

We hope everyone has a fun and relaxing weekend!

**Disclaimer – please note there may be a fee involved to see this article in the Tank Storage News Americas and/or you may have to join the organizations or university’s website. **

Changes Coming to Port Houston - Looks Like No More Saturday Terminal Gates!

How is everyone’s week going so far?  Mine is becoming a bit chaotic with all the activities scheduled this week including some things we’re going to at the Houston Livestock Show and Rodeo at NRG Park this weekend.  I guess being busy with purpose is the best part of being alive!

Did anyone see the notice in the Greater Houston Port Bureau Newsletter on Tuesday, February 28^th, 2023 about Port Houston is going to discontinue Saturday gate hours at the Container Terminals at their Bayport and Barbours Cut locations on Saturday, April 29^th, 2023.  Port Houston will be hosting a webinar on March 8^th, 2023 at 10 am for anyone who would like to learn more about the changes.  Please click the links for additional information or to register for the Port Houston’s Webinar.

If you would like to know more or view the announcement, please click the link: PortHouston to Discontinue Saturday Gate Hours at Container Terminals - GreaterHouston Port Bureau (txgulf.org)

If you would like to register for the Port Houston Webinar on March 8^th at 10 am, please click here: PortHouston Webex Meetings

If you would like to visit the Houston Livestock Show and Rodeo, click here for the Visitor’s Guide: www.rodeohouston.com/Visit-the-Rodeo/Visitors-Guide