Notes From All Over -- All Day Edition -- November 12, 2020

Well database: a new app has been linked at the sidebar at the right -- "well database."

MDU increased dividend by 2.4% to $0.2125.

Oil demand, from twitter earlier today:

Gasoline demand: link here, unremarkable. Baseline has simply been reset.

US homes: prices increase twelve percent, fastest rate since 2013. Joe Biden is going to inherit a booming economy. We've talked about this at length before -- not so many a net increase in homes but rather a mass migration of folks from undesirable areas to desirable areas. Absolutely fascinating. Link here.

Rumor: Biden-Harris want to impose a 35% tax on all homeowners -- 35% federal tax on the value of all homes annually starting in 2022. This would be a tax on the elite -- only the elite in American can afford to own homes any more. Germany also looking at an "elite" tax. Germany is looking at a more reasonable 5% federal tax on all those working from home, again because only the elite can work from home. Some consider working from home a luxury so maybe "we" can look forward three new taxes in the next few years:

• a "wealth" tax;
• a "luxury" tax for those who work from home;
• an "elite" tax on homeowners

 ..... what a great country!

Economy: Joe Biden will inherit an incredibly strong economy. But there will be tectonic changes in how things get done. We've talked about this before. Most recently, see "the 'pandemic' and western civilization" at this link. Now this, Dollar General will build an $85-million distribution center in Nebraska. Link here.

• Blair, NE
• 800,000-square-foot-facility (a typical Walmart: about one million square feet)
• will employ 400 people
• will serve 1,500 stores across the region

Long haul trucking, regional trucking, and last-mile delivery will surge by 2025. I think this is fascinating. The big question is to what degree railroads will play? Coal is gone.  Later: see first note -- a) container shipments; and, b) all trucks will be EVs.

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