Another Great Way To Start Off the Day -- RBN Energy on Bakken Crude-By-Rail Terminals

RBN Energy with part II of its look at the Bakken crude-by-rail terminals.

Wells coming off the confidential list have been posted. I think OXY has hit a personal low; if not, very close.  And folks worry about setback rules to minimize waste.

The Wall Street Journal has not had a lot the last few days worth linking; let's see if tomorrow is different:

Section D (Personal Journal):

Section C (Money & Investing):
For investors: the day of divergence for US, Europe (link to same story in WSJ, but not a WSJ link); US markets rise; Europe all red; I caught a snippet (less than 30 seconds of Jim Cramer at some point yesterday, and I think he is exactly right: folks focused on Italy, are missing much bigger stories in the US; and clearly a) the energy story; and, b) the ethane rejection story are just two stories that are going to separate the US from Europe at an even faster pace.

Section B (Marketplace):

Section A:
Quietly, but on the front page, Hagel confirmed as SecDef; no link; story everywhere
Internet gambling scores its biggest win; New Jersey approves; huge
Page 3 and we've talked about page 3: California girds for electricity woes; I follow this story closely for two reasons: a) California's energy policies often lead the Fed's energy policies; and, b) with energy investments in California, I have a dog in this fight -- and interestingly enough, California has proved to be very, very rewarding. More on the linked article at this post.

Bernanke: easy money "forever." No link; story forever. For investors only.

Kerry hits bumpy road in world diplomacy; dog-bites-man story; it looks like the president has two winners at the top: SecDef Hagel and SecState Kerry. Huge fodder for talk radio. Speaking of which, I don't think I've listened to Rush in over a year, maybe longer. I quit listening to H. many, many years ago. And #3, what's his name...... overweight, and getting heavier....Fox contributor if I recall...left to start his own show....anyway, I forget his name....reminds me of the Christmas Story movie about the BB gun. I don't miss any of them. But I digress.

Remember all my posts peri-election about foreshadowing the Great Recession of 2013. It still wouldn't surprise me -- to have a recession -- but I am much more optimistic (see above: a) energy; b) ethane rejection). I'm looking for a huge 2013. But having said that, a WSJ op-ed: was the story about Wal-Mart sales in February a harbinger of a recession later this year?

Op-ed: NASCAR's creative destruction. I read the editorial. I learned a bit, but didn't really get excited about the point the author was trying to make.

A must-read: The sequester revelation -- the president -- that would be Mr Obama -- has the legal power to avoid spending-cut damage. But I thought everyone knew that. And, oh, by the way, regardless of what Nebraskan faux environmentalists say, he also has the power to approve/disapprove an international pipeline permit.

Another long op-ed on the sequester. As soon as I saw the author, I did not read the article.

A pretty good day for the WSJ.

And now, from the Daily Mail: Miss Teen USA gives up her crown -- porn video surfaces. She is said to have denied the video earlier, but apparently she misspoke. Perhaps she didn't understand the question. However, many, many story lines if one was so inclined. But, as it is, I digress too much as it is.  Wanna bet her video goes viral -- wherever such videos go viral (speaking of which, HIV, comes to mind).