Impossible To Keep Up With Blogging -- March 4, 2022

OXY: up 14%. Just saying. As of yesterday, I've been suggesting that whatever operators paid to get into the Permian two years ago was too little. Again, Warren Buffett, backing Vicki Hollub was brilliant. Meanwhile, EOG is up only 1.5%. Separating the wheat from the chaff.

Dow is down 400 points or something like; I forgot and not in the mood to re-look, and yet the portfolios of some folks are doing very, very well.

Shell: no moral compass. That's fine. Makes for a nice portfolio. Shell will buy Russian Urals for a $28.50 discount. Putin is leaving a lot of money on the table, as they say. I'm not sure he's playing chess any more, much less poker. If he is, he's losing to the house. What Shell is financing: https://twitter.com/Joyce_Karam/status/1499761849302192132. Pretty sad. I think they're the same company that went "green" to save humanity, along with BP.

"As it should be": Shakespeare, did he say that? NYC won't reinstate fired unvaccinated public employees.

"Don't cry for me, California": did Madonna sing that? The US just saw the biggest one-day surge in gasoline since 2005.

Doomberg: earlier I mentioned that I was upset that Doomberg will now become a subscription service. Not to worry. Doomberg will be replaced by Common Sense. First up: the West's green delusions empowered Putin. I don't know if this is accurate but many are suggesting that. 

LNG: record high spot prices in Asia. Link to Tsvetana Paraskova.

SRE: all of a sudden, those three new LNG export terminals are looking very, very good. 

Is anyone paying attention? Going into the weekend: