From Social Media Today -- March 9, 2021

Link here. This is quite amazing when you think about it: Saudi exporting only 5.84 million bopd. The Permian oil basin produces around 4.5 million bopd.

And this seems to be "false precision," estimating a global shortage of 380,000 bopd this year and even less, 130,000 bopd in 2022.

And then this.

Link here. 

How can analysts and experts be so far off?

• consensus forecast: a build of 800K;
• actual: a build of almost 13 million bbls

That's API data. We'll see the EIA data tomorrow.

Meanwhile, US oil production jumped 300K bopd to 10.0 million bopd. 

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My New Look

I think these make me look ten years younger. LOL.

Photo by Sophia:

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A Musical Interlude
Ed Bruce
  

Ed Bruce:

• December 29, 1939 -- January 8, 2021 (just a couple of months ago)
• wrote Mammas Don't Let Your Babies Grow Up to Be Cowboys
• mostly wrote commercial jingles
• Thirty-nine And Holding
• Jerry Lee Lewis also recorded a Thirty-nine And Holding, but a completely different song

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Liberace 

This is from 1955. 

I saw Liberace live on stage in Las Vegas in 1977 (or thereabouts). He did this exact act -- same jokes -- identical to that in this clip. Imagine, doing this twice a night for twenty-five years.

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I Came For The Dancing, Stayed For The Music