Tuesday, September 7, 2021

Notes From All Over -- Part 1 -- September 7, 2021

Updates

Later, 10:18 a.m.: a very, very sharp-eyed reader noted that Storey County, Nevada, was also among the US counties with highest per capita GDP. Storey County, Nevada, is where Tesla is building a gigafactory:

First things first: Seinfeld leaves Hulu and goes to Netflix.  

Reported as early as June 23, 2021 On a day the market is slumping (the Dow is down almost 300 points), NFLX us surging: adding $20/share; up over 3%; trading at $610.60. We don't get Netflix, but we do get Hulu. It looks like we still get Seinfeld. But those days may be numbered. I follow the streaming wars here. I associate Hulu with Disney with ABC. Seinfeld originally aired on NBC.

Graphic of the day: look closely. Link here.

Top story of the year: European energy crunch. Another day, another record. Natural gas and electricity prices rising to fresh all-time high. New records in the UK. In Germany, one-year forward prices climb to $100 per MWh. Link here.

UK power prices: new record high. Link to ArgusMedia

Just the beginning: link to Julianne Geiger. These higher prices in Europe are just the beginning.

Drivers: Europeans hit the road to fire rebound in continent's oil demand. Link here.

Bakken population: over at Zerohedge, oil boom turns North Dakota county into nation's fastest growing populace. Previously reported. Link here

Bakken flatlines: global market forces and ESG likely to hold Bakken production flat thorugh the foreseeable future. Link to Williston Herald.  

Total Energies [Quick! Its former name. Its ticker symbol.] Link to Irina Slav. To spend $27 billion on Iraqi oil and solar projects.

College dropouts: a generation of American men give up on college. Link to The WSJ

Watch that decimal point: El Salvadorans can now legally pay for a haircut in "bitcoin." Bitcoin now trades for $50,000.

Cybersecurity: Ironnet. Huge story. Surges 115%; could be the next meme stock. Memo to self. Link to Barron's. Paywall, but story everywhere. Look at founder. Then imagine what his rolodex looks like. Twitter.

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