Notes From All Over, Part 1 -- Thursday, February 10, 2022

Closed: link here.

TTE: boosting investor returns after record profit. Link here. 

Semiconductors: AMD sets all-time CPU market-share record as Intel gains in desktop and notebook PCs. Link here. Long article; lots of data. 

ARM: with Nvidia deciding not to go forward with plans to acquire ARM, ARM is likely to go public within the fiscal year ending March 31, 2023. 

Copper: copper looking to break out. Some say it already has.

Daimler Truck: reached new high since being spun off a few months ago. Trading at $37.65.

Weather models: "climate scientists" encounter limits of computer models, bedeviling policy; The WSJ. 

More and more stories now being published suggesting "climate scientists" manipulated data to fit an agenda.

Electricity prices: Germans now pay the highest electricity prices in the world. Link here. Needs to be fact checked. 

At 36.19 cents/kwh, Germans pay 3x what those in the US pay; 4x more than the Chinese. German magazine attributes high prices to "dümmste energy policy in the world."

Japan: wow, the Ukranian crisis has been a godsend for Japan. 

Japan is going broke paying for all that incredibly expensive imported LNG when coal would be so much cheaper. What's a country to do? Oh, that's an idea. Be the hero and divert all that incredibly expensive imported LNG to Europe. And, Japan, then can burn that incredible inexpensive coal. Wow. What a deal. And that's exactly what they're going to do. Link here. Global warming is for chumps.

CDC: this is perhaps the most interesting story of the month, how the CDC fell behind the curve in determining US health policy. Huge misstep. 

Again, the slow-footed bureaucracy failed to understand human behavior; kept with confusing policies. Americans have finally had enough and will now go their own way. CDC is in a no-win situation here. Either they stick with "their science" and hope things go badly for those states that relax mandates, or they change policy to appear they are listening to the public who are no longer interested in "science."

Link here. For the CDC: what changed? They don't have an answer. 

Spare capacity: another month, another OPEC miss. Can't meet production quotas for second month in a row. 

They have publicly said they want to increase production by 400,000 bopd -- ever since the announcement, they have failed. Inshallah. How bad is it? This past month's increase was only 160,000 b/d vs the 400,000 b/d quota increase. So, after three months, production needs to increase by 1.2 million b/d to meet quota "mandates." Everything's a "mandate" these days, I guess. Also, here. And, here, with  SPGlobal link. If SPGlobal reporting it, it has to be accurate. WH says countries around the world have the capacity to increase production; Art Berman would like to see the list.