The Energy, Market, And Political Page, T+30 -- September 11, 2018

Tesla: customers can have any color they want as long as it's black. I can't make this stuff up.

Wow, take a look at this CLR well:

• 33123, 2,904,  CLR, Mountain Gap 10-10H, Rattlesnake Point, 63 stages; 15 million lbs, a huge, huge well; Mountain Gap wells are tracked here: t6/18; cum 127K 7/18; 74,624 MCF = 12,435 boe + 127,000 bo = 140K boe in two months. At $50/bbl, about $7 million at the wellhead.

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2018	31	72321	72304	63098	74624	73769	480
BAKKEN	6-2018	30	52803	52816	52613	52548	51466	714
BAKKEN	5-2018	1	1702	1232	1041	847	832	15
BAKKEN	4-2018	0	0	0	0	0	0	0
BAKKEN	3-2018	4	76	76	131	754	0	754

Texas highways: I just spent 90 minutes on the road taking the granddaughters to school, picking one up from 0700 (7:00 a.m.) dental appointment .... yada, yada, yada ... we actually "beat the bus" by 30 minutes ... the traffic was rush hour traffic and it flowed incredibly well -- mostly due to a) courtesy of Texas drivers; b) NASCAR philosophy -- no harm, no foul; and, c) the frontage roads. I wish everyone had the chance to drive Texas highways.

Goldman Sachs: on the radio I heard reports of economy growing twice as fast as GS forecast; the economy setting new records. Can't find the link on the internet. Yet.

Optimism. It's hard to believe CNBC would actually report this:

U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment.

The NFIB Small Business Optimism Index jumped to 108.8 last month, the highest level ever recorded in the survey's 45-year history and above the previous record of 108 in 1983, set during the second year of Ronald Reagan's presidency.

The August figure was up from a 107.9 reading in July.

But not to fear: CNBC then posts this -- "here's where he gets credit and what could go wrong."

NO KO: rocket man did not put his nuclear missiles on display in the Sunday parade, I am being told. Kim has sent a second letter to Trump. Must be feeling the pressure. Trump will make almost every US president and every modern US president look like a wimp. One wonders if WWII would have been shortened by a full year had Trump been in office. By the time it's all over, Trump is going to out-Truman HST.

HST: Hunter S Thompson.

Walkin', Talkin', Cryin' Barely Beatin' Broken Heart, Highway 101
Disclaimer: this is not an investment site.

The market: buying opportunity. Everywhere. Wow, the market turned around fast. If you snooze, you looze.

Fees: the other day I mentioned that "we" were headed to no fee trading. Now this: Vanguard is losing the battle on two fronts in the "fees war." What a great country.

Speaking of losing: Turkey.