Tuesday, March 2, 2021

Fast And Furious; Did WTI Drop Below $60 Overnight? -- March 2, 2021

Holy mackerel, there are so many headline stories today and I haven't even gotten to The WSJ yet. This is simply amazing, the stories being posted today. 

Where do we even begin?

First things first:

  • this could be huge;
  • Russell Wilson to the Cowboys
    • Wilson says he wants to go to the Cowboys
  • Dak to Seattle?
    • Dak doesn't seem all that excited about staying with the Cowboys, and vice versa

From yesterday:

  • California to report a $19 billion surplus. That just blows me away.

Zoom!

Bull's eye: Target's 4Q20 earnings beat analysts' forecasts across the board; skips 2021 guidance. Link here

Manufacturing activity surges to a three-year high. Link here

Perseverance on Mars:

  • powered by the same PowerPC chipset found in the 1998 G3 iiMac;
  • and, oh, by the way, that's the same chip that's used in US fighter jets;
  • does anyone even remember that jelly bean? that was my favorite Apple computer ever; I bought it on an impulse buy back in 1996 or thereabouts; it was when we were stationed at Langley AFB, VA; I remember the day vividly and I remember exactly where the computer "sat" in the house; I bought the "Bondi Blue" version; wow, it was gorgeous;


Xennial
: how did I miss this one?

Apple:

Apple:

  • there are 270 Apple retail stores in the US; all of them are now open -- first time since March, 2020
  • the new Waffle House index?

Texas freeze.


Fossil fuel is dead! Long live fossil fuel
. Link here.

EVs

  • when the bubble bursts
  • Tesla market share in Europe: 3.5%  -- are you kidding me -- 3.5% in Europe
  • likewise, Tesla market share plummeting in China


German banks to customers

  • go west, Or east. Or anywhere but here. We're losing money on negative interest rates. Link here.

Buffett

  • did you all ready what Buffett had to say about bonds? I've been saying that for decades.

SRE: earnings transcript.

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. 

*********************************
Back to the Bakken

Active rigs:

$60.79
3/2/202103/02/202003/02/201903/02/201803/02/2017
Active Rigs1553675941

One well coming off confidential list -- Tuesday, March 2, 2021: 4 for the month, 60 for the quarter, 60 for the year.

  • 37306, drl/NC, WPX, Crosby Chase 2-1HG, Spotted Horn, no production data,

RBN Energy: midstreamers' ESG agendas focus on reining in methane, CO2, part 3. 

Many leading energy companies have come to accept the reality that environmental, social, and governmental (ESG) matters are now front-and-center concerns to an increasing number of investors and lenders. Their challenge, of course, is that the hydrocarbon-based commodities they produce, process, transport, and refine are by their very nature prospective generators of carbon dioxide and other greenhouse gases that the ESG movement is targeting. What’s an energy company to do? For many midstream companies, the answer — for now at least — is to focus on minimizing the release of methane, carbon dioxide (CO2), and other GHGs from their gas processing plants, pipelines, storage facilities, and fractionators, and on switching to renewables to power their operations. Today, we continues our series with a look at how midstream companies are addressing investors’ and lenders’ concerns about the sector’s GHG releases.

8 comments:

  1. #1 Russel Wilson is not going anywhere. This is nothing but off season hype that sports talking heads come up with every year between end of Super Bowl and start of baseball season.
    #2 Wilson is under contract while Dak is not. Cowboys would have to do a sign and trade deal with DP and it would have to be in a range that Seattle approves of or deal isnt done.
    I wish I had a talk show where I could throw out wild ideas and then watch the sports world lose their collective minds.
    Only in 'Merica

    ReplyDelete
    Replies
    1. This is what I find most interesting: Dak and Dallas. So much in life depends on personal relationships. I think Jerry Jones had a personal relationship with most of his quarterbacks over the years. I don't get that same feeling with regard to Jerry Jones and Dak. At some point, Dallas needs to get beyond this year-by-year quarterback story.

      Delete
  2. JJ needs absolute control and a skilled QB goes against that control.

    ReplyDelete
    Replies
    1. He needs absolute control but the Dallas Cowboys have had a lot of skilled quarterbacks. I think Jerry Jones needs absolute control and absolute loyalty. He is willing to sacrifice skill -- think Tony Romo -- for absolute control and loyalty -- and there may be some underlying "he looks like me" factors.

      Delete
  3. Aikman and JJ both arrived in '89, After Troy left in 2000, there was a revolving door for 6 years til Romo showed up.
    Agree with the look alike assessment, Dak is a modern breed of pro QB and Jerry is just enough old school/stubborn/hardheaded to not appreciate that

    ReplyDelete
    Replies
    1. Wow, wow, wow -- we're both on the same page of music. Agree completely.

      Delete
    2. By the way, I've watched a lot of sports talk television, and the discussion has changed immensely. It's almost as if BLM is writing the script. Whatever. The interesting thing: now one individual has mentioned what both you and I have opined about Jerry Jones and Dak. Amazing.

      Delete

Note: Only a member of this blog may post a comment.