Monthly Archives: December 2015

Condensate Splitters and the WTI-Brent Spread

http://www.reuters.com/article/us-usa-oil-splitters-analysis-idUSKBN0UB08Z20151228

New splitter projects look less attractive as WTI-Brent tightens.  This tightening has more to do with the reduced light oil production in the U.S. and less to do with removing the oil export ban.  A future oil price rise will incentivize more U.S. shale production, widening the WTI-Brent spread out again, which would make splitters more attractive.

wtibrent

How Right He Was

http://www.theimaginativeconservative.org/2015/12/peacenik-prophet-russell-kirk.html

“Kirk saw President Bush’s misuse of Reagan’s Cold War military apparatus as nothing but sheer betrayal of Reaganite, republican, and American principles. In private, Kirk joked that the American people should execute President Bush on the White House lawn. In public, Kirk railed against what he knew to be the beginning of American empire and never-ending war.”