Tuesday, March 12, 2013

Tuesday Morning Links, News, and Commentary

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read, or think you read, at the MillionDollarWay. I am continuing the Bakken blog purely for the enjoyment of it all. The blog has met (actually, exceeded) its objectives as spelled out in the Welcome/Disclaimer pages.

Rarely do I have a day that something about the Bakken does not surprise me.

But today, it's even more exciting than usual. I try to post links to interesting stories I read in my hard copy of The Wall Street Journal, the only print media to which I subscribe.  If you are at all interested in the Bakken, you need to read the articles at the links below that concern oil. They are really quite remarkable. Over the weekend, I connected the dots from several different stories, coming across something that I have not seen posted elsewhere ... until today. And even today, it's a bit subtle, without a graphic, or with out a map. Suffice it to say, there are some exciting things going on in the North American oil patch. I am referring to the "Heard on the Street Article, Buffett's lesson for Canadian oil" article linked below. But that is just one of several very, very interesting stories on oil today.

Most coincidental was the RBN Energy link on Brent pricing today, and the WSJ article on the same subject: Brent pricing. Both are linked below.

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The "wind article" was sent to me by a reader, reported by Bloomberg. Thank you. Again, the article points out that there is no redeeming value for these slicers and dicers.

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Time to "buy oil"? Oh, yeah. -- Yahoo!Finance - Breakout.

WSJ Links

Section D (Personal Journal):
Section C (Money & Investing):
Section B (Marketplace):
Section A:
  • Obama's Capitol Hill foray; for a "grand bargain," the president needs to convince his own party; good luck; won't happen
  • I guess if North Korea declares war truce 'invalid,' we're back to war; no link; story everywhere; so much white noise. A bigger story is the 3,300 dead pigs that were found in the river that supplies water to Shanghai (China); no link; the blurb says it all
  • Op-ed: the ethanol gas-pump surcharge; the 2007 mandate is needlessly raising US gasoline prices; unfortunately, the WSJ does not get it; this is what the Obama administration wants; the only way folks will give up their cars is to price them out of gasoline; is it even worth linking? Is it even worth reading? Must have been a slow news day for the journal yesterday.
  • About that baby who was 'cured' of HIV; the baby was treated to an exposure to the virus; the baby did not have the disease