Milestone: this is the 38,001th post on this website. First post on this site was in 2009. The original MDW first posted in 2007.
The early numbers:
- DXY: $92.80, up 22 cents;
- WTI: up about 3/4th of a percent; trading at $70.27; very transitory;
- TYT: 1.335%; down ever so slightly;
- Dow futures: up 215 points
- S&P 500: up 25 points
- NASDAQ: up 83 points
Sports: burrito defense didn't work. And this was in The WSJ. Without question, the four-year ban is excessive. Four months, maybe.
FAANG: "Never anything but screaming bargains." Lu Wang at Bloomberg. Most irritating thing about the article: the writer never credit to the individual who coined the acronym "FANG" which then morphed into "FAANG." And then, for some, "FAANG-T."
Another wrap (and not a burrito, this time): Christo to wrap L'Arc de Triomphe. Again, at The WSJ.
Congestion: record number of ships anchored off US ports.
Streaming wars: Viacom announced it will re-vamp Paramount+. That suggests others are doing better. I think Paramount+ staked its streaming on Star Trek. I might have to look that up.
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Back to the Bakken
Active rigs*: updated data will bereported by the NDIC at COB today.
$70.27 | 9/13/2021 | 09/13/2020 | 09/13/2019 | 09/13/2018 | 09/13/2017 |
---|---|---|---|---|---|
Active Rigs | 26* | 12 | 64 | 65 | 55 |
Wells coming off the confidential list:
Monday, September 13, 2021: 24 for the month, 35 for the quarter, 215 for the year:
- None.
Sunday, September 12, 2021: 24 for the month, 35 for the quarter, 215 for the year:
- 37887, conf, Crescent Point Energy, CPEUSC Sylven 2-14-23-158N-100W-MBH, Winner,
Saturday, September 11, 2021: 23 for the month, 34 for the quarter, 214 for the year:
- 37886, conf, Crescent Point Energy, CPEUSC Sylven 2-11-2-158N-100W-MBH, Winner,
RBN Energy: the latest on Gulf Coast crude export capacity expansions. Archived.
When fully loaded, a Very Large Crude Carrier (VLCC) sits so low in the water that it almost resembles an alligator swimming along the surface of a lagoon. Bearing the weight of 2 MMbbl of crude oil, plus ballast, fuel, crew, and provisions — not to mention the ship itself — two-thirds of an oil-laden VLCC is literally out of sight. You could say the same about the development of crude export terminal projects along the Gulf Coast: not much to see, maybe, especially during the disturbingly enduring COVID-19 era, but a lot is happening under the surface.
In today’s blog, we discuss the status of onshore and offshore projects aimed at streamlining the shipment of U.S. crude oil to overseas buyers.
I bought the channel Paramount on Amazon Prime, just to rewatch this documentary:
ReplyDeletehttps://www.imdb.com/title/tt0496253/
Probably the best documentary I have ever seen. Yes, even over the Andrew Wiles documentary.
Documentary: "Breaking the Maya Code."
DeleteSorry for the delay in posting. I wanted to check out the link first and was so far behind.
The nice thing about "streaming options," one can subscribe for a short period and then drop the subscription with no penalty.