R Rossi, hi there There are six new gulf coast terminals needed...

R

Rossi, hi there

There are  six new gulf coast terminals needed to handle the Permian oil flow that is currently being backed up. An additional 9000 plus DUCS are waiting for the oil spigot to be turned on. Just assume 500bpd for each and that is a huge daily inventory to flow. The amount of new investment needed is staggering. yet well worth it as long term haulage by truck and rail makes the cost pb very much inflated.

I could be wrong but I think the financing for 88e will be closer to home rather than overseas. Those with Arctic operational skill sets and experience may be the first through the door.

Then again will the Chinese be allowed or even want to take an interest in Alaska. the former Alaskan governor visited China and was very bullish in his encouragement re Gas TAPS with Chinese inward investment. To the point that they were  hopeful of exploring the next step in late 2018. Well the Democratic Governor has gone in favour of a new republican man, so who knows?

Many options and permutations for sure. I do not mind which one or many we get for xmas)