Thursday Morning Links; Enbridge Talking About Need For a New High-Capacity Bakken Pipeline to Superior, Wisconsin

The Mideast

Turkey authorizes military operations inside Syria. Arab Spring --> war --> unintended consequences. WWI was started on less.

Turkey and Syria exchanging gunfire. Reported all over. No links necessary. Don't get Turkey upset; they play hard. Ask the Kurds. Before the US stepped in.

Disclaimer

Disclaimer: this blog is not an investment blog. Do not make any investment decisions on anything you read at this blog. The purpose of the blog is entertainment and information about the Bakken, for the most part.

Bakken Operations

Wells coming off the confidential list have been posted; see sidebar at the right. The well file for the Fettig well makes for very interesting reading.

Enbridge talking about a new pipeline from the Bakken to Superior, Wisconsin.

"Fair to say it would be quite high capacity," he said. "If you look at the growth curve of the Bakken, there's no question that a conduit more 100,000 bbls a day, or 150,000 bbls a day, or 200,000 is probably needed."

RBN Energy: be sure to read the last paragraph of this very interesting article. I still think often of the comment that shipping oil by railroad is of "last resort."

Megaloads, Runways, Ethanol, and Manipulation

Megaloads moving in Montana.

Google as Paris runway shows end, sneak peek at spring's loose shapes, surprising shoes; going see-through at the WSJ; I read the WSJ for the articles, not for the pictures; front page of section D;

For newbies: page 3 of every section of the Wall Street Journal (except perhaps page 3 in the last section) is always the best page. Today is no exception. Huge article on ethanol. Google standoff at pump over new fuel: ethanol lobby vs. station owners. Stand-alone post completed.

Speculators manipulating physical oil delivery? Nope. Google physical-oil oversight won't change, p. C3, WSJ;

A two-year investigation into whether the unregulated physical-oil market is vulnerable to manipulation and needs tighter supervision looks set to end this week with a report that effectively endorses the current system, according to documents seen by The Wall Street Journal.

So, there.

Technology

Wow, H-P is in trouble. Google H-P reels from tech-tonic slide; p. C14, WSJ.

With the prospect of profits declining for three years in a row, H-P risks turning into an unmanageable mess. Too bad that Ms Whitman already has reversed lans to spin off the PC business, meaning there isn't even the prospect of breakup speculation to get investors excited.

And then on page B1, google H-P is punished for grim outlook:

An end to Hewlett-Packard Co.'s long period in the wilderness won't come soon, executives of the Silicon Valley pioneer warned.

The question is whether Ms Whitman will still be there when the company emerges from the wilderness.

Speaking of H-P's problems: it's not much better over at Nokia. Google Nokia weighs sale of its headquarters. To raise cash. It would be ironic if Apple were to establish a brick-and-mortar presence in  Europe, via Finland. The NOKIA sign is exactly the same number of letters as APPLE, though I suppose they would just replace the NOKIA with the iconic black-and-white apple.

Politics

I did not watch the debates last night. But based on what I've read at the Drudge Report and the headlines in the New York Times, LA Times, and the Boston Globe, I understand why no one is talking about the debates here at the Starbucks outside Boston. Generally, every day, I have to put my headphones on and turn the Hillbilly Moon Explosion music up very, very loudly to drown out the political talk. Today: I'm not wearing headphones. No one is talking about the debate. Hmmm. But it's even worse: Yahoo News political analyst: after the debate debacle for Obama, we'll find out if we even  have a race.

Miscellaneous

I'm seeing more and more of this. Google small businesses are meeting an unlikely banker: Amazon.

Redbox, you know the ubiquitous red kiosks and $1-a- night DVD rentals? They may be getting into ticket sales: selling seats to live events with just a $1 fee tacked on. Watch out TicketMaster. Google Redbox dabbles in tickets. This is huge.

Incredible: one of my favorite songs now playing here at Starbucks -- Bob Dylan's Highway 61 Revisited. Dylan is good but the Million Dollar Bashers are much, much better. I've embedded it many times at my various blogs.

I see Berkshire Hathaway is hitting new 52-week highs.