Legacy Fund -- April, 2026, Deposits -- May 4, 2026

Locator: 50714LEGACYFUND. 

Link here. 

META: $13 Billion For LDC In El Paso — May 4, 2026

Locator: 50713META. 

Link here. Now, $13 billion. It’s all about energy. And Texas has it.

AI prompt:

META's LDCs: will Hyperion or El Paso be bigger?

Reply, as of March 26, 2026, link here:

In the old days, $2 billion was the price to entry (for new LDCs). Now, $10 billion? 

Chart Of The Day -- Memory Chips -- May 4, 2026

Locator: 50712MICRON. 

Chart of the day: MU -- up $35 today; up $75 in past five days -- 

One year:

This is the problem: only four suppliers -- link here. And of the three -- Micron, Samsung, and SK Hynix -- only one is an American company. Sandisk and Micron are not direct competitors. So for US investors, it's mostly Micron -- unless one wants to invest in a South Korean company.

May The Fourth Be With You, May 4, 2026

Locator: 50711B. 

Another Lana Del Rey day: link here. 

Most incredible adult - easy listening music out there. It's very difficult to wait for her tenth studio album, southern Gothic, Storm, delayed, scheduled to be released in 2026. Released from that album, link here. It may or may not be my cup of tea (yet) but let's see how the full album develops before critiquing this. The song maintains her "indie" vibe, to say the least. If nothing else, it brought me back to one of my absolute favorites, "Did You Know That There's a Tunnel Under Ocean Blvd." Link here. 

And then this, completely unlike Lana Del Rey. Link here.

For me. The conversation has changed. Ten more years.  

Chart of the day: MU -- up $35 today; up $75 in past five days -- 

 ****************************************
Back to the Bakken

WTI: $104.90. Whoo-hoo!

Active rigs: 23.

Five new permits, #42894 - #42897, inclusive:

• Operator: XTO;
• Field: Haystack Butte, Dunn County;
• Comments:
• XTO has five Harrier Federal permits, NENW 15-148-97, 
• to be sited at 522 NFL and 1923 / 2133 FWL.

Two producing wells (DUCs) reported as completed:

• 41149, 993, BR, Watchman Peak 5B, McKenzie County; 
• 42592, 230, Ballard Petroleum, Borstad 12-30, Bottineau County; 

Massive: One Billion Dollars Per Day In Oil And Refined Products Exported By The US -- And Not From The Mideast -- May 4, 2026

Locator: 50710EXPORTS. 

Query: 

Last week the US exported more crude oil and refined products THAN ALL OF THE FOLLOWING COMBINED: Saudi Arabia Russia Kuwait Iraq Iran. How much cash is flowing into the US on a daily basis based on this amount of oil being exported. 

Reply:  

Note: This figure only covers crude oil exports mentioned in specific records from the last week of April 2026 and does not include the total value of "refined products," which would make the total inflow significantly higher. 

Are we talking one billion dollars daily?