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Back to that social science teacher. He was also the assistant wrestling coach. Talked me into wrestling. They needed a 95-pounder, and loss was only 3 points vs a forfeit, 5 points. All I had to do was show up and save the team 2 points; I won about 60% of my matches. My toughest opponents: Minot Ryan and Watford City. The opponents I feared the most: anyone from Montana. I thought Montana was where the Olympic Gods/Titans resided. I think the only Montana team we wrestled was the Billings high school team. I have repressed all memories of those matches. I remember Minot Ryan and Watford City very well. Oh, that's right, we also wrestled Sidney. I can still recall my Minot/Watford City opponents, but not their names. Wow, did I respect them. The Minot Ryan 95-pounder took "State," I believe. I lost to him in regionals.
I think it's pretty impressive that the assistant wrestling coach/assistant football coach had us reading the NY Times. Something tells me that doesn't even happen in NYC.
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Saudi Arabia to be a net importer of oil by 2030? -- SeekingAlpha. I did not read the story past the first paragraph -- 2030 is past my investing lifetime. Whether the writer agrees / disagrees with Citi in that analysis, it fits my worldview, and the impact will be a lot sooner than 2030. The impact could indeed be felt within my investing lifetime. (Do I need to say [again] that this is not an investment site. It is shared with those who want to read it simply for information, education, and entertainment. Hopefully more of the former than the latter.]
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The US slips in global competitiveness ranking; fourth year in a row the US has dropped a notch or two. This year it fell from 5th to 7th place, dropping two places. Meanwhile 2Q12 US productivity jumped significantly, revised upward from 1.6 to 2.2 percent. Despite headwinds, American business keeps slogging forward. If we're seventh in competitiveness, and our productivity is jumping, this says volumes for optimists going forward. Imagine how well six other countries are doing! Global recession? What global recession?
NFL opening game tonight?
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RBN Energy: Coal -- the export market.
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A reader sent me the link to this "newsletter." My response:
That's a great "historical" document.
This is an "advertisement" for a paid subscription; we used to get these as junk mail.
So, this newsletter at the time was trying to get subscribers by talking about the Bakken. Even with all their enthusiasm for the Bakken, they underestimated it.
The newsletter was posted in 2011 -- this was the last line: "However, when considering faltering production in California and Alaska, I wouldn't be surprised to see North Dakota overtake the third -- and possibly even the second -- position within the next decade.""Possibly second.....possibly in the next decade."
Less than a year later North Dakota was in second place, ahead of both Alaska and California.
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Hopefully the NDIC daily activity report for yesterday will be up first thing this a.m. For some reason it was not linked/posted last night; that happens occasionally. I used to think it was due to an intern's mistake, but when I wrote that the first time some time ago (tongue in cheek), a reader sent me a note telling me that NDIC generally does not have interns on its staff.
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Does anyone have an opinion on whether it's possible North Dakota could overtake Texas as the #1 oil producer?
ReplyDeleteDoesn't seem like that bad a question; especially when you consider some people estimate the reserves to be 45 billion.
Six months ago I would have said "no." Now, not so sure.
ReplyDeleteBut, the Eagle Ford will be huge.
Another interesting question I have had concerning the eagle ford is; How much eagle ford play is there in Mexico. All the presentations I see abruptly stop there. Maybe there is an advanced reader who knows how far that play may extend into Mexico.
ReplyDeleteAs far as I know, the Eagle Ford does not extend into Mexico:
ReplyDeletehttp://eaglefordshale.com/maps/#eaglefordwells
And many, many other confirmatory sites; simply google "Eagle Ford maps."
Water, water, water
ReplyDeletebruce what year would you have wrestled against the Mighty Ryan Lions?
DeleteLet's see: I graduated from high school in 1969. In early 1968, I would have been a junior. In early 1967, I would have been wrestling in the 95-pound weight class as a sophomore, I believe. After the first of the year, our weight was allowed to go up a couple of pounds, so maybe about 97 pound-weight in early 1967. That was the year I remember best, wrestling Minot Ryan and Watford City. I believe Minot Ryan's 95-pounder took state that year; Watford City contender probably went to state. I forget the specifics.
DeleteMy "natural" weight was close to 110 -115 pounds, so coming down to 95 pounds was incredible. I'm sure that was true for the others also.
I did not wrestle my senior year. I was involved in way too many other activities to wrestle. The spring of 1969 was another bad flood year for Minot, I believe.
Coach Hermes was our wrestling coach.