Notes From All Over -- Mid-Day Edition -- Chariots On Fire -- November 13, 2020

This was reported a few days ago. I can't recall if I posted it. I'm surprised that it took San Francisco this long.

Does anyone remember 1906?

San Francisco will ban natural gas hook-ups in new buildings starting next year (2021) -- excepting restaurants which will probably not be around any more any way after the next six-week Chinese flu lockdown. 

Reported everywhere but here's the Bloomberg article via Rigzone.

The fact that PG&E Corp supported the ban speaks volumes. 

I don't know whether propane will be banned in San Francisco. If not, entrepreneurial opportunities abound. 

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Chariots On Fire

GM is recalling nearly 69,000 Bolt EVs for fire risks. Link here. Couldn't they just update the software? That's what Elon Musk would do. Ah, yes, that's a fix:

GM said the vehicles pose a risk of fire when charged to full, or nearly full capacity. GM said it has developed software that will limit vehicle charging to 90% of full capacity to mitigate the risk while GM works to determine the appropriate final repair.

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Market Surge

This is nothing about the Covid-19 vaccine. This is all about the proposed $3-trillion Schumer-Pelosi stimulus.

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Miscellaneous

Reminder: AMLP. Link here. The Alerian MLP ETF distributes a single Form 1099 to its shareholders.

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. 

Golden Gate Bridge: will be bailed out by Feinstein, Pelosi, et al. Is there any question on this one? Link here.

Refineries: Shell to shut down Louisiana refinery. Convent refinery. How fast? By the end of the month. Wow. Decision in line with Shell's plans to reduce the number of refineries it operates from 14 to 6 over the next four years. Think about that. 

Vision 2030: Prince Salman going against the grain -- his vision is to build more refineries. Lots of CAPEX and refined products may not be needed.