Wednesday, May 11, 2022

Rambling -- Where I'm At -- May 11, 2022

As most of you know, I wanted to take the blog down while the NDIC website is down. The whole "purpose" of the blog is based on data from the NDIC website. See the current note at the top of the sidebar at the right.

By the way, that note is dynamic. A year from now it will be different.

Texas:

  • the forecast is 90° to 100° F for as far out as the forecast will take us (ten days)
  • my physical activity day, every day:
    • one hour on the treadmill; moderate
    • one hour on the bike: extreme (for me)
    • one hour in the pool, swimming laps: leisurely, not aerobic
    • a second hour in the pool if Sophia will join me

The blog, last Bakken blog standing, and ad-free:

  • I live and breathe my blog.
  • I've removed the ads (and the income). It was fun but Google didn't like my posts and told me to "color between the lines" if I wanted to continue with ads; it's not worth the aggravation so it's now back to an ad-free blog.
  • I don't take my social security either; the government needs it more than I do (LOL);
  • my only "competitor" all these years was the "Bakken Blog" -- some outfit out of McKenzie County. All of a sudden I can't find them on the net. They're on twitter, and they are on Facebook but they are no longer "on the net" free-standing; let me know if they are still there and I simply can't find them.
  • if you google "bakken blog" -- it's my blog and that's it;
  • thank you.

NDIC:

  • I wanted to take the blog down while NDIC was down but I was frustrating too many readers trying to access "my" site, so I brought the blog back up.
  • I won't ever quit blogging but it's not worth posting the blog if the NDIC is down.
  • Readers disagreed, so the blog is back up -- against my better judgement.

Investing:

  • number twelve on my list of the most important things in my life is "investing."
  • number one? The grandchildren.
  • I look at the world through various spectacles
  • when I'm looking at the world through my "investing spectacles," some quick thoughts, none of which are to be taken out of context:
  • investing, not trading
  • accumulate short term with eye on long term
  • right now, 12:24 p.m. CT, cash flow from oil companies
  • accumulate those share to generate income to buy companies for the future
  • no hurry to get back into tech
  • my advice to my executor when she takes over the portfolio:
  • avoid EVs
  • pay attention companies who reward their shareholders
  • oil: we are in a crude-oil super cycle; it may be the last real super-cycle; I'm taking advantage of it
  • I stay fully invested. I accumulate more shares three times each month. Although I guess technically, it's twice a month, since the end of the month and the beginning of each month is pretty much one event. So, I guess, I add new shares twice a month.

Geo-politics:

  • Russia is toast.

Time to go biking. Back later.

13 comments:

  1. FYI they are posting the daily activity reports here:
    https://www.dmr.nd.gov/dmr/oilgas/dailyactivity

    ReplyDelete
    Replies
    1. Wow, I'm so embarrassed. I never thought of looking there and I should have know. Truly embarrassed. Thank you so much. Makes a huge difference for the blog.

      Delete
  2. Bruce: I maintained Bakkenblog.com for about 15 years, finally deciding there were better things to live and breathe. It was a fun run, initially begun because of my background in geology and minimal royalty interests in Mountrail County (don’t know where ‘some outfit out of McKenzie County’ came from). The Bakkenblog Twitter account will continue—at least for now. I wish MDWay well. Good luck with NDIC. RJE, JD

    ReplyDelete
    Replies
    1. Wow, thank you so much for writing. I was always comparing your site / your ranking on Google with my site and you always run, or almost always run. I had to manipulate the Google search to get my site to the top. LOL.

      But you are so correct. This blogging on something like the Bakken literally takes over one's life. I'm impressed you were able to move on. Good luck in all your future endeavors.

      I probably knew at one time you were from Mountrail -- it's been a long time -- so I didn't know --- or had forgotten -- and we had closer ties to McKenzie so that's probably why I said McKenzie. Sorry if I insulted you.

      Thank you so much for taking time. I was always curious about the "Bakken Blog." Bruce

      Delete
  3. Bruce. I enjoy your blog every day. Hope you continue the research, writing and reporting for years to come. Thank you. From Illinois

    ReplyDelete
    Replies
    1. Thank you for the kind words. I was just frustrated with the NDIC and felt that without NDIC data, the blog did not serve a purpose, but I would bring it back up when NDIC data became available again. Now, the daily activity reports are available, so that's a big help. Again, thank you for the kind words. Have a great Illinois summer. Hopefully I'm not too harsh on Chicago.

      Delete
    2. Actually, Bruce the NDIC date is secondary to your insight and rambling, especially the dry humor.

      Delete
    3. LOL. That's very kind of you. I'm glad you can separate the humor, sarcasm, from the serious stuff. Some/many/most folks can't. NDIC is still down, so the blog is .... well, the blog is what it is. Thank you for taking the time to write.

      Delete
    4. Definitely don't use any of my comments for purposes of investing. I've probably done worse than Cathie "ARKK" Woods over the years. LOL.

      Delete
  4. Thank you Bruce I look forward to reading your blog every morning......... I have more faith in you than kraken operating drilling another well on our property

    ReplyDelete
    Replies
    1. Thank you for your kind words. You are in a win-win situation. If you hate the oil companies, it's likely Kraken won't be drilling for awhile. If you love the oil companies, Kraken has some great wells. Good luck, however it turns out. And hopefully, the NDIC website will be back up before the end of the year.

      Delete
  5. Will simply echo other sentiments mentioned above. Have enjoyed MDW for years now and your research and insight has greatly improved my understanding of the Bakken.
    I have been frustrated with NDIC for some time now. Not sure why they dont take it more serious.

    ReplyDelete
    Replies
    1. Thank you your kind comments and taking time to write. I agree with you completely on the NDIC website.

      Delete

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