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Friday, February 12, 2021

Notes From All Over -- February 12, 2021

From social media:

  • Tesla: 1,184 days ago, Tesla starting taking $250,000 deposits for the RoadsterII. It still doesn't exist.
  • Jim Cramer: I feel fortunate to have energy expert Jim Cramer assessing how quickly oil will become obsolete. He also said the energy sector was dead before this 75%+ move. Just hanging on every word. 
  • Nikki Haley: Former US ambassador to the UN Nikki Haley directly accused former President Donald Trump for his involvement stoking the US Capitol riot in a new interview. Being reported by an outlet I don't trust.
  • TSLA: Time to kick TSLA out of the S&P.
  • Wind; Learning more about how wind turbines "freeze off." A big component is the OK cash spike this week. I had thought cold = no wind, but they actually shut thee things down when power prices are the highest.
  • WTI: WTI making a run at $60/bbl.
  • Bloom Energy: +272% last 52 weeks. 2021 operating cash flow guidance: "Approaching positive."
  • Cuba: hit by nationwide electricity blackout
  • TV just went blank: EAS -- a winter storm warning for following counties -- includes Dallas, Ft Worth, effective from 6:00 a.m. Saturday to 9:00 p.m. Sunday. This warning includes virtually all of north and central Texas. Warning will likely last for a full week due to extreme cold.

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Remote Learning

5 comments:

  1. Any thoughts about Equinor/Statoil selling out of the Bakken for less than 25% of what they paid for their acreage from Brigham?

    ReplyDelete
    Replies
    1. Yes, they way over-paid for the BEXP assets. Just like others did when they bought into the Permian a few years earlier. Typical of the "boom/bust' cycle in the oil industry. Nothing new under the sun.

      Delete
  2. Equinox, given their overly sensitive tendencies, must know DAPL will be shut down.

    ReplyDelete
    Replies
    1. The DAPL may be shut down but this had nothing to do with Equinor selling off its assets.

      Delete
    2. Much later. Let me be blunt here: anyone who thinks there is a connection between Equinor selling its assets and the DAPL simply has no clue.

      Delete

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