Tuesday, March 26, 2019, T+83, Part 2

WTI: pops above $60; OPEC basket -- not so much --

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The market, looking good; not one equity on the watch list is down:

• D: up 60 cents
• Tesla, up a whopping $8; still traing below $270
• XLNX, up $2.00, recovering profit-taking yesterday;
• UNP, up 50 cents; essentially back to where it was at the opening yesterday
• AAPL, up $2.64; so much for all that analyst negativity following the presentation yesterday
• RDS-B, up 88 cents, more than recovering from yesterday's "sell-off"
• CVX, up $1.32; nice;
• COP, up almost 2%; nice
• BRK-B, following the market up; but not much;
• NOG, up sightly; trading at $2.70
• OAS, up 2.7%; okay;
• EOG, up almost 3%; still nowhere close to $100;
• EW, in tune with the market; up a bit;
• JAG, up 2%; trading at $10.69

Internet: EU approves sweeping copyright reform -- if similar law passed in US, I would have to shut down my blog. Just saying. It won't happen here. It will be interesting how major news and entertainment sites will be able to comply.

Heat wave. I remember growing up in North Dakota back in the 50s and 60s and reading/watching all those "heat wave" stories coming out of Chicago and NYC. After the 60s never saw those stories again. The Deplorable Climate Science Blog has a great "flashback" to the heatwave of 1910. That was just weather, not climate.

Well, which is it: meanwhile, The New York Times predicted both an ice-free Arctic and a new ice age -- in two different stories three days apart, back in 1969, the  year I graduated from high school. Pretty much neither one happened. I think that would be "climate," not weather. Could be mistaken.

Bjorn Lomborg's link has been updated.

The Netherlands: will start turning off natural gas supply. Should be fun to watch. Data points:

• 8 million Dutch households
• 7 million Dutch households hooked up to natural gas
• this year: all new housing must be "gas-free"
• 30,000 to 50,000 homes/year through 2022 will have their gas hook-ups removed
• after that, 200,000 homes/year
• analysis: at current house-build rates, this new law will make little difference to domestic gas consumption for decades to come
• the UK government will have little choice but to follow the Dutch example and either cut off gas supplies to whole districts, ban the sale of gas boilers and cookers or tax gas out of existence.

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Getting Ready For Summer

Sophia's swimming pool.