Tuesday, April 7, 2026

For The Extended Family -- For The Next Generation -- Generation 3 -- April 7, 2026

Locator: 50453READING.

Like my notes on investing which are meant for my extended family, not readers in general, this particular blog/post is 1000% posted for my extended family members, generation three and eventually generation four which will be college-age much sooner than expected.

May parents and my wife's parents: generation zero (0).

My wife and I and our sibs: generation one (1).

Our children and their cousins: generation two (2).

Our grandchildren and their cousins: generation three (3). 

  • one a college graduate ("Ivy League") and now Teaching For America while getting her masters at prestigious Texas university
  • one a sophomore/junior -- a STEM major (top engineering school in the US) through ROTC on her way to being the Air Force detachment commander at that school
  • the three others: middle school and home-schooled, age six. 

Our great-grandchildren and their cousins, none next (4).

AI prompt:  

This is something completely different. Sort of testing your limits (if you have any). I'm reading Walter Isaacson's book on CRISPR, Doudna and Charpentier. 
To take a break I'm also reading Ananthaswamy's excellent book on "Why Machines Learn."  In chapter 8 of that book we meet John Hopfield who was bored with physics and turned his attention to biology, specifically cellular biochemical reactions, and even more specifically, the RNA world, and even more specifically, tRNA.  
I did not expect this -- reading about Doudna and CRISPR and then a book on machine learning and all of a sudden, Hopfield and tRNA. I have not read further, but I have to know: did the work of Hopfield and the work of Doudna ever intersect?

I posed that query first to ChatGPT and then Gemini. Out of curiosity I tried Grok. Grok said "A high demand question. I need to try later or create an account with Grok. 

My notes on these two books here:

I couldn't say which chatbot was better. I did them in this order:

  • ChatGPT;
  • Gemini; and then,
  • Grok (I signed into my account and Grok immediately answered -- 32 seconds of "thinking").

I cannot recommend any one chatbot over the others. Each is useful in its own way. They all complement each other. 

Without chatbots, this would have taken hours, weeks to answer to my satisfaction. With chatbots, I had answers from all three within a minute or so. 

I could be wrong on this but I believe ChatGPT stores our conversations which is a big help, and over time, ChatGPT will know more about me than what Amazon knows about me. I do not know what extent Gemini tracks me. I assume Grok tracks me very, very closely but again, I have no idea. 

Another digression: this next year, I plan to provide the chatbots with my financial information in a very general way and see which chatbot comes closest to the tax I owe the IRS. In the big scheme of things, there is not a whole lot of information / data points the average American needs to calculate taxes. The problem lies elsewhere. 

A personal aside: I had an incredibly good friend in college. I can't recall exactly when we met, but I like to think I was a second semester sophomore, and he was a second semester junior when we met. 

I was a double major in chemistry and biology (pre-med) and had successfully navigate calculus  in my first year of college. He was majoring in math and realized (now that he was married) there were not any good choices for work/income in math while raising a family. He decided to go into medicine. He sought me out and told me that would be taking pre-med course in his junior and senior years to meet the prerequisits for applying to medical school. But he had way too much to do. He made me an offer. I would help him (actually "do") his biology labwork for him and he would help me with my math. That leads me to think I was a freshman taking calculus and he was a junior. I'm sure that's correct but it's hard to believe he sought me out and found me that quickly.

Bottom line: I got an A both semesters in freshman calculus -- in reality I was probably a "C" student in math, and he got all his work done ... much (most?) of his biology labwork was my work. LOL. 

He was accepted to a prestigious medical school and we lost track of each other. I'll have to check my journals to see if I ever mentioned his name. He was a major, major influence on my years in college and it's very possible I would not have survived without his help.  

Wow, what a digression. 

Very Few Updates For Awhile -- April 7, 2026

Locator: 50452BLOGGING.

The usual blogging may be delayed. Can't decide.

When the bombing started on February 28, 2026, I quit following the market and quit watching all live news (except the daily local weather report) including CNBC. I occasionally checked a few tickers and there were some other exceptions. But for the most part it's been xPerry Mason, blog links.

Now, with the deadline looming and news coming from Tesla, Broadcom, Apple, Google, Anthropic, etc., it is simply becoming overwhelming and simply too much news to post on the blog for archival purposes. 

So, at least for now, biking and reading.

This morning's bike ride was awesome. The weather was perfect, and absolutely no problem with pollen which suggests the next low pressure / cold front / precipitation is at least a few days away.

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The Book Page

Yesterday I spend a few minutes with Capitalism and Its Critics, A History: From the Industrial Revolution to AI, John Cassidy, c. 2025, but at the moment seems quite irrelevant. having said that, it's an incredible book but probably better for the beach.

Link here for notes

So, today, we're back to Why Machines Learn: The Elegant Math Behind Modern AI, Anil Ananthaswamy, c. 2024 / 2025. Link here for notes

 

Tuesday -- Art Of The Deal -- April 7, 2026

Locator: 50451B.

Anticipation.  

UK festival canceled: what where they thinking. Link here. Please put this in the context with which Trump is doing.

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Back to the Bakken

WTI: $116.50. Up $4.06; up 3.61%.

New wells reporting:

  • Wednesday, April 8, 2026: 20 for the month, 20 for the quarter, 177 for the year,
    • 42311, conf, Phoenix Operating, Terry Nelson 34-27-22 4HR, 
    • 42176, conf, BR, Omlid 2-8-7 MBH,
    • 42071, conf, Phoenix Operating, Terry Nelson 34-27-22 5H-LL, 
    • 42069, conf, Phoenix Operating, Terry Nelson 34-27-22 3H, 
    • 42068, conf, Phoenix Operating, Terry Nelson 34-27-22 2H, 
    • 42067, conf, Phoenix Operating, Terry Nelson 34-27-22 1H, 
    • 41931, conf, Formentera Operations, Wildcat Hollow 16-33-PGN S618HF,
  • Tuesday, April 7, 2026: 13 for the month, 13 for the quarter, 170 for the year,
    • 41985, conf, Formentera Operations, Wildcat Hollow 16-16-PGN N115DW, 

RBN Energy: More Permian gas takeaway is coming. What about strong Waha prices? Link here. Archived.

Permian wells are churning out 22 Bcf/d of residue natural gas — one-fifth of total U.S. production — but for many producers that gas abundance is a hindrance. A persistent shortfall in pipeline takeaway capacity has made negative (sometimes very negative) prompt-month and cash prices at the all-important Waha Hub an all-too-regular thing. But there’s good reason to believe the situation will soon be changing for the much-better. A massive tranche of new takeaway capacity will be coming online over the next few months, ending the shortfall for at least a few years, and gas demand from LNG exporters and power generators will be ramping up fast. In today’s RBN blog, we begin an in-depth examination of Permian takeaway capacity, Waha prices, and the potentially far-reaching impact of solidly positive gas prices on producers’ development strategies.

The Permian’s expansion into the world’s largest, most productive crude oil play over the past 15 years came with a market-changing side effect: an equally impressive expansion in the production of associated gas (natural gas + NGLs). Producers’ primary focus was (and still is) on crude — to quote bank robber Willie Sutton, “That’s where the money is” — and their #1 priority has been supporting the development of the pipelines, storage and other infrastructure needed to produce it and get it to market. At the same time, however, they and their midstream partners had no choice but to deal with the vast and fast-increasing volumes of associated gas emerging from Permian wells with high-value oil.

Massive sums have been invested in building out gas gathering systems, processing plants and takeaway pipelines, not just for natural gas but for NGLs. But it’s almost always been a game of catch-up. Producers didn’t want to make long-term pipeline-capacity commitments, and that reluctance ultimately crushed the spread that justified the pipeline to begin with. That led to a game of chicken, where ultimately the biggest producers had no choice but to pony up to get the pipelines built and smaller producers suffered when their interruptible gas was sold at negative prices. (We coined it “the midstream conundrum.”)

Constraints in Permian gas takeaway, often exacerbated by pipeline maintenance that temporarily took some capacity offline, had consequences, primarily in the prompt-month and cash prices that shippers without sufficient pipeline space were offered for their gas at the Waha Hub in West Texas’s Pecos County. The left graph in Figure 1 below shows natural gas production in the Permian (black line), gas consumption within the basin (“Demand”; dark-brown layer), flows to Mexico (beige layer), pipeline capacity out of the region (green layer), and periods when takeaway constraints frequently caused Waha prices to turn negative (dashed circles). [Note that most producers are not selling their gas at Waha prices. A lot of them have capacity on pipelines that can get their gas to downstream markets.]

Figure 1. Permian Gas Production, Takeaway Capacity and Waha Cash Prices. Sources: RBN, NGI 

Monday, April 6, 2026

Everything's Bigger In Texas -- The New TeraFab Facility For Austin, TX -- April 6, 2026

Locator: 50450TESLA.

Updates

April 7, 2026: Intel partners with TeraFab.  

Original Post 

Announced March 21, 2026


 What he announced:

 

Why he's doing this:

Meanwhile, in someone's dreams:

But, for now, we have to settle for this:


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Austin City Limits
With John Prine 

Link here

Michigan -- 69 ----- UConn - 63 -- April 6, 2026

Locator: 50449SPORTS.

Wow, what a game!