Shale Oil and South Texas

Here is a couple things to think about.
Eagle Ford shale runs from Texas on down to Monterey Mexico. Mexico today is now an importer of our refine gasoline and natural gas which mostly comes from Texas.  A 50K barrel refinery is being built on the south coast of Texas to feed Mexico thirst for gasoline.  The oil for the new refinery will be from Eagle Ford and West Texas. There are multiple natural gas pipeline now going into Mexico from Texas to feed the steel and cement industries mainly around Monterey, Mexico.   We in the USA have private mineral rights on our properties. Mexico nationalized their mineral rights and oil business back in 1938. As good capitalists on this side of the border we have optimize our mineral wealth where we are now a net exporter of oil.  Mexico on the other hand due to their corrupt government and bloated Pemex do not have the financial or technical resources to develop new oil fields and certainly not in drilling in shale formations. The production of Mexico’s current wells drop 10% a year.  Pemex supplies 30 percent of their income to the Mexico budget and the percentage is getting less each year.   I love capitalism.
The second  point is OPEC, even though it now only controls 40% of the market still has much influence on the price of oil. Over the last two years since the fall of oil prices OPEC has tried to curtail their output. The lower the production output the higher the prices the barrel of oil will go in theory.   Some of the OPEC member countries continue to cheat on their quotas and still we have seen the price of oil go from the 30 dollar range  back up to around 50 dollar range. Due to American ingenuity, the wildcat drillers now can make a profit at 50 dollars a barrel unlike 5 years ago the oil wildcaters needs to sell oil at 100 dollars a barrel to make a profit.  Most other oil producing countries that are not in OPEC produce as much oil as they can to maximize their return of investments and this is certainly the case in the USA. So we should thank OPEC for their oligopoly practices. Saudia Arabia is the largest producer in the OPEC organization and they are now pushing the other OPEC producer to further curtail their production so to push the price of oil to 60 dollars a barrel.  Aramco oil company which is owned by Saudia Arabia wants to go public in 2018. The initial price of a share of stock in Aramco will be set higher if the price of oil is at 60 dollars a barrel rather than current prices of 50 dollars a barrel. So Saudia Arabia will be putting much pressure on the other member OPEC countries to curtail their production.  I now love OPEC
The third thing to think about is that shale oil have now has made USA an exporter of oil and it is one of the key industries that has greatly helped the economy. Our grandparents keep giving back to us and to the nation.  I love the Piper brothers.

 

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Finding my Way to Oljato, Utah- Navajoland

How to find our church project in Monument Valley.   Once you reach Goulding Trading post in Monument Valley, the paved road ends.  The dirt road meanders  for 5 miles around the butte with many dirt road turn outs. So the trick is to find the Navajo Highway marker.                                                                                                                      Highway Marker NavajoOnce you spot the marker you have reached to junction for St Mary’s Church in Oljato, Utah.

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Best Hamburgers in Verde Valley

We are always on the look out for the Best burger in Verde Valley. Several of the restaurants in the area have gone out of business so we are always on the look out for new places.

Out at Rimrock, Nikki’s Grill have a great hamburger. Nikki’s Grill is located at the bottom of the off ramp off I-17 on the east side. They are hand pack patties and delicious. Nikkis Grill

 

In Cornville I have come across two  from great burgers hamburger joints. One being the Grasshopper Grill and the other Mr. G’s both near the Cornville Highway junction to Page Springs.

Mr Gs    grasshopper

 

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Monument Valley St Mary’s Church

What a great place to visit. I have been up to Monument Valley area now 5 times in the past 6 months and it has always been a new adventure.  The current project is to convert a parish building bedroom into a Sunday School room.  From the first appearance it appeared to be a relatively easy project of filling in a window with drywall, patching the leaking roof and painting the walls. Five of us where up there in April of 2017 for a two day work trip with a dinner up at the Swinging Grill Cafe in Mexican Hat.  Our plans changed when it was found the the ledger of the window was not well supported and causing the roof to sagged.  So our attention went to shoring up the wall and installing a new ledger over the window. Luck had it that we found some 2 by 6 in the basement and we doubled them up for the new ledger.  The exterior wall siding was damaged so the wall was strength by adding studs, installing new OSB boards, flashing and installing new siding boards. DSC_0021 DSC_0067               So after the first day of work we cleaned up and off the Mexican Hat via the famous Forest Gump Highway.  DSC_0027

And a great meal at the Swing Grill Cafe in Mexican Hat.  DSC_0041

Monument Valley is the John Ford/John Wayne famous movie locations where they filmed several of their Cavalry films in the last 1940’s.  There is nothing like pounding nails and looking out to the magnificent pinnacles in the Monument valley. Another trip is planned in May with much pleasure in visiting the area.

 

 

 

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Another Year of Insurance Open enrollment

I am back selling the United Health Care Medicare products for our senior population for the second year now.  I drive up over the mountain to Prescott Valley and Chino Valley 4 times a week manning a Kiosk at Chino Valley’s Safeway and I am part of a team putting on Open Enrollment meetings in Prescott Valley and Chino Valley.  Now in our 4 week I have surpassed by total enrollments that I did all last year. Another carrier, the Phoenix plan went belly up and so we are converting many of the Phoenix beneficiaries to our plan. It makes for an easy sell.

So to tally my production of applications signups for the year I realized that I was spending a lot of dead time manning the Kiosk at Safeways in Chino Valley.  Working as a team member at the Open Enrollment meetings is far more productive and I thoroughly enjoy working with the team members.

In May of 2017 I changed my brokerage from United Health to a smaller one. I will still be representing the same products and I should be able to better serve my clients.

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Elections are finally over

After almost of two years of elections it was finally over last Tuesday night. The signs all came down in the neighborhood the next day and we have a new president elect.  Much to the surprise to most, Donald Trump pulled it off.  It was amazing with most of the media and pundits behind the other candidate and always with strong polling numbers, Hillary’s past caught up with her. Now on to the changes.

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Gregorio’s Taqueria Comes to the Rescue

With a Newbury Park Christian Church team of volunteers doing a miracle of building a duplex in 5 days there is a need to replenish their energy levels for another long day of construction.  Gregorio’s Taqueria comes to the rescue. From the 2 lb burritos to endless tacos the crowd of 25 are well fed and ready for another day of work.

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Amazing Group Effort- Group of Teenages build house in 5 days

There is hope with the younger generation. I was down in El Porvenir, Baja at the Ninos de Baja and a team of volunteers from Newbury Park Christian Church came to down to frame, rough in plumbing and electrical, sheath, roof and scratch coad a duplex in 5 days.

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Pastor Ken and his 5 experience contractors lead 4 teams of teenagers and with patience and guidance took on the task of building this two unit “Casita”.  It was wonderful to see this young 15 to 17 year old girls and boys work long hours and not complained.

 

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Why I don’t play golf

I started playing golf at 11 and when I was 55 five I realized my golf scores had not improved since I had started.  The fun part of golf is to get out on the course and you may  hit that one good shot for the day. So it is worth taking 4 to 5 hours of my time and all the aggravation for that one good shot, I think not.Some have a knack for golf.

https://guyviral.com/sports/best-shot-ever-golfer-makes-worlds-toughest-hole-in-one/

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Travel- Next week on off to El Porvenir, Baja

I am getting excited as I will be going to Ninos De Baja orphanage next week. Last year I was going down monthly and this year due to my move to Arizona I have only been down 3 times.

I had planned to install a swamp cooler for the dining hall commercial kitchen but as being winter here now the local Home Depot is out of them until next Spring.

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