June Production Data For The Petro-Hunt Wells That Caught Fire -- August 15, 2021

This page will not be updated.

Note: as far as I know, no public confirmation this was the pad, but these wells seem to fit the geographic location that has been reported. We will know more in coming months as production data is updated. If I have the wrong pad, I sincerely apologize. Do not make any decisions based on what you read here. Confirm with the source if this is important to you.

June production data for the four-well Petro-Hunt Charlson pad fire in which three wells caught fire; the fourth shut down. Obviously this is the production prior to the fire. Paperwork often lags what goes on in the field, but according to scout tickets, as of June, 2021, before the first, three of four wells were still flowing without a pump:

The wells:

• 34655, 1,748, Petro-Hunt, USA 153-95-3B-10-1H, Charlson, F, t8/19; cum 555K 5/21; middle Bakken; F, cum 567K 6/21;
  
• 34656, 1,131, Petro-Hunt, USA 153-95-3B-10-2H, Charlson, F, t8/19; cum 266K 5/21; Three Forks; AL, cum 276K 6/21;
  
• 34657, 1,328, Petro-Hunt, USA 153-95-3B-10-3H, Charlson, F, t8/19; cum 587K 5/21; middle Bakken; F, cum 618K 6/21;
  
• 34658, 1,050, Petro-Hunt, USA 153-95-3A-10-4H, Charlson, F, t8/19; cum 279K 5/21; Three Forks; F, cum 288K 6/21;

After Being Off Line For Eighteen Months, Back On Line -- August 15, 2021

The well:

• 20505, 2,868, Whiting, Brown 41-28XH, Sanish, ICO, t3/12; cum 410K 2/20; needs to be re-fracked; off line 3/20; remains off line 3/21; back on line 6/21; 

********************************
Word For The Day: Woad

Quick, multiple choice. Woad is most closely related to (pick best choice):

• the western toad;
• the way less traveled;
• to dye for;
• past tense of wide

A Whiting Kannianen Well Goes Over 500K Bbls Crude Oil -- August 15, 2021

 The well:

• 18077, 1,773, Whiting, Kannianen 11-5H, t9/09; cum 497K 2/21; cum 500K 6/21;

After Eighteen Months, Back On Line -- August 15, 2021

The well:

• 17872, 1,814, WLL, Littlefield 12-34H, Sanish, 18 stages; 2.3 million lbs, t5/10; cum 720K 12/19; offline for 2.5 months in early 2015; intermittent production as of 12/19; remains off line 5/20; one line for full month, 6/21; but only 818 bbls production over 30 days; hard to say what this well will do going forward; cum 721K 6/21;
  

A CLR Whitman Well in Oakdale Goes Over 500K Bbls Crude Oil -- August 15, 2021

The well:

• 17061, 664, CLR, Whitman 11-34H, Oakdale, t6/08; cum 498K 12/20; returned to production, 7/20; cum 502K 6/21;

Petro-Hunt Charlson Well Jumps 7x -- August 15, 2021

Wells of interest:

• the old well: #16424
• three new wells: #37150, #37151, #37152

The graphic:

The well:

• 16424, 700, Petro-Hunt, USA 11B-2-2H, Charlson, t7/07; cum 673K 4/20; off line 5/20; remains off line 12/20; two days in 7/20; significant decline beginning 4/20; cum 713K 6/21;

Note jump in production for this well, #16424, below, starting in 4/2021 and continuing through 6/21. Three other wells of note, all "cross" #16424:

• 37150, production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2021	30	32046	31979	17577	55843	21415	26908
BAKKEN	5-2021	31	26509	26309	15366	44143	16497	23050
BAKKEN	4-2021	29	21652	21995	15144	33951	8626	24531
BAKKEN	3-2021	5	4271	3392	3937	4537	0	4537

• 37151, production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2021	30	23867	23550	26272	41843	16292	19835
BAKKEN	5-2021	31	16126	16388	25624	27089	10153	14055
BAKKEN	4-2021	28	10609	10045	22403	14590	3927	10204
BAKKEN	3-2021	0	0	0	0	0	0	0

• 37152, production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2021	23	18076	17772	5851	18318	7134	9245
BAKKEN	5-2021	15	20835	20885	6575	30223	11577	17023
BAKKEN	4-2021	30	42692	42823	12740	57735	23298	33627
BAKKEN	3-2021	11	13427	12822	2846	13651	2219	11397

*****************************

The "parent" well,  #16424, from above.

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2021	30	13371	13188	14062	20318	12757	5327
BAKKEN	5-2021	31	14470	14523	16716	18182	13202	3630
BAKKEN	4-2021	25	11514	11390	19738	17500	7562	9764
BAKKEN	3-2021	1	85	0	2851	313	0	313
BAKKEN	2-2021	1	8	0	0	0	0	0
BAKKEN	1-2021	1	7	210	0	0	0	0
BAKKEN	12-2020	0	0	0	0	0	0	0
BAKKEN	11-2020	0	0	0	0	0	0	0
BAKKEN	10-2020	0	0	0	0	0	0	0
BAKKEN	9-2020	1	104	0	12	184	0	177
BAKKEN	8-2020	2	138	0	38	12	0	0
BAKKEN	7-2020	2	240	479	19	125	0	125
BAKKEN	6-2020	1	140	0	30	66	0	66
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	28	900	1059	348	391	0	196
BAKKEN	3-2020	31	1452	1403	626	2803	0	2593
BAKKEN	2-2020	29	1899	1949	701	2638	0	2436
BAKKEN	1-2020	31	2169	2142	740	2814	0	2598
BAKKEN	12-2019	31	2190	2220	940	3103	0	2887
BAKKEN	11-2019	30	2135	2192	956	3007	0	2798
BAKKEN	10-2019	31	2624	2572	1000	2679	0	2512

North Dakota Retains #2 Spot As Nation's Second-Largest Oil Producer -- Sources -- August 15, 2021

Link here. 

See June, 2021, data here. 

Scout Energy To Re-Enter A Vertical Heath Well; Convert To Horizontal; Last Produced 1999; Produced Over 800K Bbls Crude Oil From Two Formations -- August 15, 2021

From the August 13, 2021, daily activity report:

One re-entry permit:

• 03951, 208/196, Scout Energy Management, Fryburg Heath-Madison Unit E-805, formations: Madison/Heath; t2/96 (for both formations); cum Madison 112K; cum 726K Heath; Billings County; the Heath and the Madison both produced oil until January, 1973, when all production came from the Heath.
  

The "Heath/Tyler" is tracked here. 

The scout ticket: 

No production since March, 1999.

Unable to access file report for this well. Bummer. 

So, let's check an earlier Scout Energy re-entry well.

The well:

• 5343, 250/250, Scout Energy, Fryburg heath-Madison Unit P-812XHR, Fryburg, t12/73 for both formations; cum Madison 131K 6/21; and, cum Heath 387K 6/21;

Scout ticket:

File report:

• Scout Energy acquired the well from Hess, October 24, 2018.
• A form dated 11/19/2018 stating the well was returned to production.
• Several fingerprinting analyses to determine percent of oil from each formation.

Recent production (water wells with a bit of oil):

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
HEATH	6-2021	30	176	138	1626	25	25	0
MADISON	6-2021	30	327	257	3117	46	46	0
HEATH	5-2021	31	174	169	2207	0	0	0
MADISON	5-2021	31	323	370	4180	0	0	0
HEATH	4-2021	28	75	62	815	16	16	0
MADISON	4-2021	28	431	460	4794	94	94	0
HEATH	3-2021	31	12	13	126	2	2	0
MADISON	3-2021	31	613	652	6112	106	106	0
HEATH	2-2021	28	12	11	102	3	3	0
MADISON	2-2021	28	588	534	5021	127	127	0
HEATH	1-2021	31	13	13	117	3	3	0
MADISON	1-2021	31	658	641	5748	125	125	0
HEATH	12-2020	31	15	15	120	4	4	0
MADISON	12-2020	31	687	728	5897	182	182	0
HEATH	11-2020	30	13	13	136	0	0	0
MADISON	11-2020	30	633	616	6665	0	0	0
HEATH	10-2020	29	12	13	135	0	0	0
MADISON	10-2020	29	626	659	6588	0	0	0

The Plague Year -- A Great Year For Grain Shippers -- And Investors -- August 15, 2021

NASCAR: great race. The "dinger" wins after Briscoe takes Hamlin out in "overtime."  This was great for the Allmendinger team; he came close to winning yesterday, coming in second, and today was pretty much out of it until a turn of events in "overtime." And if the crowd came to see huge wrecks, they weren't disappointed.

Ben Franklin: apocryphal? Perhaps. I don't know. "There never was a good war, nor a bad peace."

Eagerly awaiting for futures, we will start to see numbers at 6:00 p.m. ET.

Equity futures, link here: way too early but flat to slightly red. Good, good news -- early numbers suggest the Afghanistan story is a non-event for investors.  Here we go, 6:23 p.m. CT, three major indices down slightly. This suggests to me that events in Afghanistan will have no material effect on trading tomorrow unless we start getting "different" news. Good, bad, or indifferent, Joe Biden will get credit for ending the US-Afghanistan war; he will get credit for pulling US troops out of Afghanistan, something his predecessor failed to do. Good, bad, or indifferent, did Biden just pull off a Trumanesque moment? Later, 8:57 p.m. CT: Dow futures down 121 points.

WTI, link here, way too early, still no trading. $68.44 before first futures. Here we go, how worried are oil traders worried about Afghanistan? First numbers: WTI down another 23 cents, now trading at $68.21. Later, 8:57 p.m. CT: WTI drops another dollar; now trading at $67.52.

Economy: this is a huge story on so many levels. A huge "thank you" to the reader who just sent the link. Both Canadian railways set grain shipping records in 2020 - 2021. Link here.

• the plague year: 2020 - 2021
• record-setting year for both railways: CN and CP
• should not be a huge surprise:
• Chinese floods that were reported last year:
• the new huge dam China completed, flooding tens of thousands of farmland
• three weeks ago: "why is China facing record floods?"
• CN: fourteen straight months of Canadian grain volume shipment records
• CN and CP each ship about 30 million tonnes per year
• this is the fourth straight year CP Rail broke its single-year record for grain movement
• implications:
• Warren Buffett: BNSF
• UNP
• Cargill reported record earnings for the plague year
• as I've said often: the plague year was great for investors
• see next graphic
  

Money market: my favorite graphic -- from July 22, 2021: the "folks" at the far right in the graph below are daring the equity markets to take a 10% pullback:

WTI The Day Kabul Fell -- August 15, 2021

WTI: Sunday morning before Kabul fell -- $68.44. Posted at 1:22 p.m. CT. 

A reader sent me this screenshot from Carpe Diem:

My reply:

I saw that; I can't remember if I posted that.

That's part of the "tea leaves" that suggest to me that the price of oil is yet to head higher.

Right now, there seems to be a real mismatch between price of oil (relatively low, considering) and price of gasoline (relatively high, considering).

Later:

One almost gets the feeling the US shale operators are lurking.

Lurking:

• M&A opportunities
• new plays

Did someone say, "lurking," "M&A opportunities? Link here to Tsvetana Paraskova. Shale pioneer Chesapeake preparing for a comeback!

One of the U.S. shale pioneers, Chesapeake Energy, is back in business six months after emerging from bankruptcy with a major acquisition— marking its return to the shale gas basin in Louisiana.

Chesapeake Energy was one of the most prominent names in the U.S. shale patch to file for bankruptcy in the middle of last year, although the move had been widely expected. 

Now the reinvented shale gas pioneer is buying Vine Energy, which develops natural gas properties in the over-pressured stacked Haynesville and Mid-Bossier shale plays in Northwest Louisiana. The acquisition is a zero premium transaction valued at approximately $2.2 billion, Chesapeake Energy said this week.  

The acquisition will make the shale giant the top gas producer in Haynesville, with around 1.5 billion cubic feet per day of production and hundreds of locations to drill.

With the acquisition of Vine Energy, the new Chesapeake Energy is doubling down on shale gas and on Haynesville, half a decade after selling many of its assets in the basin in 2015 and 2016 as it was weighed down by enormous debts, which ultimately forced it to declare bankruptcy last year.

Notes From All Over -- Sunday, August 15, 2021

Updates

August 18, 2021: Taliban "presser." At time this story was posted, President Biden had not yet scheduled a "presser," and had only given a short speech blaming his predecessors for what happened in Afghanistan.

August 18, 2021: note date this news story was posted --

Later, 1:58 p.m. CT: Baghdad Bob re-surfaces, making Dr Fauci look like an Einstein:

Later, 12:53 p.m. CT: we're starting to see helicopters over Kabul; fires, etc, over at CNN. Video footage from Reuters. It took me a few seconds to figure out if I was watching current video from Kabul or stock footage from the fall of Saigon. Seriously. No hyperbole. 

Later, 12: 52 p.m. CT: a reader wrote me about China's sphere of influence following this Afghanistan debacle. My not-ready-for-prime-time:

You are correct about China's new sphere of influence as we always called it in the military.

It will be interesting to see leaked reports from the Pentagon this next week -- if it turns out the Pentagon had a better plan and Biden nixed it .... wow ..... I can guarantee you the DOD / Pentagon does not want to be the "fall guy" for this debacle.

Biden and his staff are doing everything to keep this debacle at arm's length .. and the Pentagon doesn't want to take the fall for this. First to to go? SecDef? Then Chairman of the Joint Chiefs of Staff? I have no idea who either of them are any more.

But their may be more heads rolling in Washington, DC, next week, than in Kabul.

Later, 12:45 p.m. CT: one of the great things about modern technology, one can find original sources quite easily and quite quickly and don't have to listen to news through a filter / through a talking head / through a producer. For example, the theme today seems to be that what is going on in Kabul right now is an unmitigated (whatever that means) disaster. 

Interestingly "everyone" agrees that the Taliban would have eventually persevered once the US left. The only point of disagreement was how fast. The new question: would it be better for this to play out over the next six to twelve months with fighting among many factions, or is it best to have this come to an end within a week or so? 

Original plan: 3,000 troops back to Kabul to guarantee safe and orderly withdrawal (not "evacuation").

Plan B: about 24 hours later -- to add another 2,000 troops.

Plan C: about 24 hours after Plan B -- additional troops are being considered. My hunch: there is great concern that the extra 2,000 troops are no match for a horde of tens of thousands of Afghanis rushing the airport. And the real risk, of course, is the entire 5,000 troops + the US citizens + LES being overrun by the Taliban.

Later, 12:39 p.m. CT: apparently gunfire at the Kabul airport.

Original Post 

First time I've watched Face The Nation in decades (?). 

Why? Because Hulu makes it so easy. LOL.

Lead stories over at Face The Nation:

Fauci's fifteen minutes:

• southern states overwhelmed and under-vaccinated, though they may be getting religion;
• most interesting: what was not mentioned -- the super-spreading events -- Sturgis Rally, now nearing its end; August 5, 2021 -- August 14, 2021 (yesterday); the birthday bash; the Iowa State Fair (has just opened its doors to an anticipated million visitor; no mandated masks or vaccinations).

Tale of two states:

Taliban's fifteen minutes:

• looks like it could be a peaceful takeover of Kabul;
• optics out of Kabul looked less concerning than optics out of southern US (Covid-19)

Scalise's fifteen minutes (R-Louisiana, Republican whip):

• Afghanistan: Biden's Saigon moment; that GOP talking point won't have legs
  
• didn't seem particularly concerned
• US has set up embassy operations at airport and orderly withdrawl of US citizens and LES will be processed 
• no helicopters off the US embassy in Kabul
  
• Covid-19 in Louisiana: admits he just got vaccinated last month --
• says he had antibody prior to vaccination; then saw the delta virus
• two-thirds of the state remains unvaccinated
• wow, I did not know this -- two hundred days into Biden administration and the president has not yet appointed a new head of the FDA -- speaks volumes about how serious movers and shakers really feel about Covid-19?

Afghanistan analysis:

• why no US DOD spokesperson interviewed?

****************************
Lana Del Rey

Streaming and bootlegging: I've talked about this before. Who's being played? Who figured this out? Winners and losers? Fascinating story.

• Bootlegged: Lana Del Rey, Sun Star, "Premiered July 24, 2021." The entire album, 54+ minutes on YouTube. Uploaded by Étienne L, with 955 subscribers. 

• Bootlegges: Lana Del Rey, Lost and Loved, "Premiered June 23, 2021." The entire album. 47 minutes on YouTube. Uploaded by Étienne L, with 955 subscribers. 

Wiki says:

• seven released albums
• most recent: March 19, 2021
• Blue Banisters, TBA, to be releasesd
• neither of the above albums at the wiki site

 ****************************

CLR's Harm And Harm Federal Wells -- Elm Tree

Locator: 10010HARMS.

Current Map
September 27, 2024

Current Maps
February 13, 2024

Updates

August 19, 2024: production updated; huge wells;

August 18, 2022: completion and production update here.

Original Post

The wells:

• 22817, 439, CLR, Harms 2-32H, Elm Tree, t8/13; cum 430K 6/21; cum 475K 5/22; cum 537K 12/23; cum 553K 6/24;
  
• 22818, 706, CLR, Harms 1-32H, Elm Tree, t12/13; cum 379K 6/21; cum 410K 5/22; cum 450K 12/23; cum 460K 6/24;
  
• 37988, conf-->loc/A, CLR, Harms Federal 18-33H, Antelope, huge well, first production, 6/21, t--; cum 454K 5/22; FracFocus: 8.5 million gallons fresh water; 84% water by mass; cum 682K 10/23; off line; back on line; cum 717K 6/24;
  
• 37989, loc/A, CLR, Harms Federal 17-33H1, Antelope, first production, 6/21; t--; cum 222K 5/22; FracFocus: 7.4 million gallons of water; 86% water by mass; cum 443K 10/23; off line; back on line; cum 492K 6/24;
• 39316, conf, CLR, Harms East Federal 16-33H, Antelope, 
  
• 39838, PNC, CLR, Harms Federal 7-32H2, Elm Tree,
• 39839, PNC, CLR, Harms Federal 8-32H, Elm Tree,
• 39840, conf, CLR, Harms Federal 9-32H1, Elm Tree,
• 39841, conf, CLR, Harms Federal 10-32H, Elm Tree,
• 39842, conf, CLR, Harms Federal 11-32H2, Elm Tree,
• 39843, conf, CLR, Harms Federal 12-32H, Elm Tree,
• 39844, conf, CLR, Harms Federal 13-32H1, Elm Tree,
• 40047, drl/drl, CLR, Harms East Federal 2-33H2, Antelope, s12/23; t--; cum 164K 6/24;
  
• 40048, drl/drl, CLR, Harms East Federal 3-33H, Antelope, s12/23; t--; cum 196K 6/24;
  
• 40049, drl/drl, CLR, Harms East Federal 4-33H1, Antelope, s12/23; t--; cum 207K 6/24;
  
• 40050, conf, CLR, Harms East Federal 5-33H, Antelope, t--; cum 186K 6/24;
  
• 40051, drl/drl, CLR, Harms East Federal 6-33H2, Antelope, s12/23; t--; cum 124K 6/24;
  

Graphics:

***************************
Miscellaneous

The wells:

• 22817, 439, CLR, Harms 2-32H, Elm Tree, t8/13; cum 430K 6/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	6-2021	9	1646	1330	1465	1361	1091	166
BAKKEN	5-2021	0	0	0	0	0	0	0
BAKKEN	4-2021	0	0	0	0	0	0	0
BAKKEN	3-2021	1	258	412	83	0	0	0
BAKKEN	2-2021	19	2602	2904	1703	2281	1750	323
BAKKEN	1-2021	31	5707	5742	3767	5910	3982	1525
BAKKEN	12-2020	31	6157	6240	4397	6318	5185	714
BAKKEN	11-2020	30	6450	6372	5112	5390	4035	950
BAKKEN	10-2020	19	1453	1358	1117	1341	763	472
BAKKEN	9-2020	26	809	699	10	598	411	100
BAKKEN	8-2020	24	3148	3297	1548	2807	2635	0
BAKKEN	7-2020	0	0	229	0	0	0	0
BAKKEN	6-2020	0	0	0	0	0	0	0
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	21	3157	2645	2070	4857	2274	2364
BAKKEN	3-2020	30	4264	4632	3547	4935	1850	2713

Initial Production Data For Wells Coming Off The Confidential List This Next Week -- August 15, 2021

The Charles Blackhawk wells are tracked here.

The wells:

• 37988, conf, CLR, Harms Federal 18-33H, Antelope, producing --

Date	Oil Runs	MCF Sold
6-2021	39593	38101

• 36078, conf, Petro-Hunt, Hurinenko 144-98-11C-2-2H, Little Knife, no production data, 
• 37989, conf, CLR, Harms Federal 17-33H1, Antelope, producing --

Date	Oil Runs	MCF Sold
6-2021	30326	31054
5-2021	705	0

• 37843, conf, WPX, Charles Blackhawk 31-30HY, Heart Butte, no production data, 
• 22652, conf, WPX, Charles Blackhawk 31-30HC, Heart Butte, no production data,
  
• 37407, conf,  CRL, Gale 14-32HSL, Cedar Coulee, no production data, 
• 22653, conf, WPX, Charles Blackhawk 31-30HZ, Heart Butte, no production data, 
• 37842, conf, WPX, Charles Blackhawk 31-30HDL, Heart Butte, no production data, 
• 37941, conf, CLR, Bang 3033H1, Cedar Coulee, no production data,
  

Wells Coming Off The Confidential List This Next Week -- August 15, 2021

Monday, August 23, 2021: 13 for the month, 24 for the quarter, 204 for the year:
None.

Sunday, August 22, 2021: 13 for the month, 24 for the quarter, 204 for the year:
37988, conf, CLR, Harms Federal 18-33H,

Saturday, August 21, 2021: 12 for the month, 23 for the quarter, 203 for the year:
36078, conf, Petro-Hunt, Hurinenko 144-98-11C-2-2H,

Friday, August 20, 2021: 11 for the month, 22 for the quarter, 202 for the year:
7989, conf, CLR, Harms Federal 17-33H1,

Thursday, August 19, 2021: 10 for the month, 21 for the quarter, 201 for the year:
None.

Wednesday, August 18, 2021: 10 for the month, 21 for the quarter, 201 for the year:
37843, conf, WPX, Charles Blackhawk 31-30HY,

Tuesday, August 17, 2021: 9 for the month, 20 for the quarter, 200 for the year:
22652, conf, WPX, Charles Blackhawk 31-30HC,

Monday, August 16, 2021: 8 for the month, 19 for the quarter, 199 for the year:
37407, conf,  CRL, Gale 14-32HSL,
22653, conf, WPX, Charles Blackhawk 31-30HZ,

Sunday, August 15, 2021: 6 for the month, 17 for the quarter, 197 for the year:
37842, conf, WPX, Charles Blackhawk 31-30HDL,

Saturday, August 14, 2021: 5 for the month, 16 for the quarter, 196 for the year:
37941, conf, CLR, Bang 3033H1,

Notes From All Over -- Clearing Off The Overnight Detritus -- August 15, 2021

Kabul: well, that ended quickly. The troops should be home by noon.

Social media: you can't do this level of damage to a nation in such a short period of time unless it's by design. Link here. 

Meanwhile: has OPEC returned Joe's call? Asking for a friend.

Barack's legacy: well, that ended quickly. Matt Taibbi. Social media.

The real JonBovi: Buc-ee’s ... my god, imagine betting against this country. 

Just wait until JonBovi sees Taco Bell: TB to defy gravity; link here. Another example of the Covid-19 effect, compressing 2020 - 2035 into 2020 - 2025.

Twain's Mustache on social media: "Yeungling about to be sold in Texas grocery stores, a threat to my Peroni budget. This is called substitution effects. Link here. Peroni: FTW.

Rivian: considering a $5 billion factory in Ft Worth, TX, to rival that of Tesa's in Austin, TX. Both Rivian and Tesla have something in common: Texas, no state income tax for its employees. Dallas Business Journal. Ft Worth Star-Telegram. 

Gasoline demand: on the cusp of another 10-handle. Link here.

Curious: I have no idea what this is all about. TYT on social media. Who is Glenn Greenwald?

Today's rabbit hole: the "inverted Jenny -- the world's most famous stamp. Link here. Be sure to look up Bill Gross of PIMCO fame at that site.

BP: new business model. Go green but buy XOM stock. What a hoot. 

Anticipation:

Notes From All Over -- August 14, 2021

Maureen Dowd: behind a paywall over at The New York Times, but no paywall at Mediaite: "Behold Barack Antoinette." Also at The Wrap.  I assume in a day or two one will be able to find the Dowd article without a paywall. Stephen Colbert didn't go. Nancy Pelosi didn't go. The former president was gifted 1,000 custom face masks but guests not interested. 

Coffee, inflation: Yesterday, I talked about inflation and the cost of coffee. In that post, I noted that Amazon was selling K-pods for 20 cents apiece.

Now this, from The Wall Street Journal, right on cue: coffee jolt gets pricier as costs of beans, labor, transport rise. Cafes and retailers lift prices, while others try to hold the line; "consumers will be looking for more affordable options." 

This was a very, very long article, and not one mention of Amazon.com which would have taken less than five seconds to research. Amazing. How do these "modern" millennial reporters forget to check Amazon?

Anyone not buying coffee on-line ... well, what can I say?

Fertilizer from China: China has asked its top fertilizer companies to suspend  exports of phosphate and urea, a bullish development for both commodities. Link here. The country is the world’s top exporter of phosphate, shipping out 3.2 million tonnes of diammonium phosphate  in the first half of 2021. It also exported another 2.4 million tonnes of urea. Maybe more on this later. 

Germany: coal-fired power generation is skyrocketing, Link here. August 3, 2021.

At its peak, the corona crisis is causing energy consumption and CO2 emissions in Germany to collapse along with economic activity. It’s over. The consumption of lignite, which is particularly harmful to the climate, is increasing dramatically.

The recovery of the economy after the Corona slump and the cool spring caused energy consumption in Germany to rise in the first half of 2021. Consumption increased by 4.3 percent compared to the same period in the previous year. The temperature-adjusted consumption values ​​would be more than 7 percent below the value for the first six months of 2019. 

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.

AMD: why AMD stock shot up 4%, August 13, 2021.