Notes From All Over With Item On ND Flaring -- September 29, 2020

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Dividend calendar: 119 ticker symbols -- go ex-dividend today. Link here. With commission-free trades, this has been the most fun I've had in years. Taking a small portion of my portfolio and "re-balancing" simply on dividends every month. I'm probably not making any money but it provides a bit of cash for other long-term investments which really interests me. 

Survey of consumer finances (SCF): the rich keep getting richer. Actually, more to the point, the investing class keeps getting richer. Link here to the Board of Governors of the Federal Reserve System.

Entertainment: I've been binge watching Leverage for the past few nights, starting about 11:00 p.m. and going well into the wee hours of the morning. I am just blown away by the iPad. And the  Pencil. The ads are annoying, but one can effortlessly "shrink" the picture into the corner, and then open another video, let's say Schitt's Creek on Pop. Both are free -- Pluto Television and Pop. Or if not interested in another television show, check my mail or any other site. When the add is over, bring Leverage back to full screen. And it's completely effortless, especially using the  Pencil. 

Speaking of the  Pencil, Sophia absolutely loves using the pencil when she is learning Spanish on Duolingo. She can't wait to get to the apartment complex to start using Duolingo. Biggest problem. Temporarily losing the pencil several times a day. Can't wait until Apple release air tags or whatever they're going to be called.

CBR: Alberta to Alaska. It's in the news again; Trump supports it. I won't link it; the story doesn't have legs. Pie in the sky. 

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For The Archives: ND Flaring

From Geoff Simon's top North Dakota energy stories last week:

The North Dakota Industrial Commission approved revisions this week to the state's gas capture policy that don't change gas capture targets, but do tweak the regulations to encourage additional investment to allow the state to meet its gas capture goals.

Producers are currently required to capture 88% of produced natural gas, a target that will increase to 91% as of November 1. Thanks in part to the recent market downturn, producers are now capturing 92% of gas produced in the Bakken.

Lynn Helms, director of the Department of Mineral Resources, noted that producers also exceeded capture targets in the previous oil price downturn five years ago, but couldn't keep pace when growth resumed, so it's important to adjust the rules to make sure producers continue to meet capture targets.

 

Helms said the changes, which include removing exemptions in some areas while tightening restrictions in others, are the byproduct of extensive dialogue with the industry. He said there is general agreement among all parties that revisions are appropriate.

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