Amazon: still amazes me after all these years
- for purposes of travel, I needed another external hard drive:
- I wanted the same one that I had purchased two or three years ago;
- before 0800 today, I went to Amazon, looked at "prior purchases," found the hard drive, and a couple of clicks and it was ordered
- I was given the choice
- to be delivered between 1000 and 1500 hrs, or between 1500 and 2000 hrs today; or,
- tomorrow
- free delivery, regardless of delivery choice
- the hard drive arrived at my door step at 1455
- and, as noted, it was ordered earlier this morning
- and, because it was ordered from Amazon, on my Amazon credit card, 5% cash-back
WTI: $115.30.
- everything to do with FOMC ("Fed" rate and inflation expectations)
- "Fed" rate + inflation expectations = severe recession
- "back to the future": 1974?
- see wiki link: millennials never experienced this; the rest of us did
- it was not pleasant
- mortgages for as much as 15%
- severe recession --> significantly decreased energy and feedstock requirements
- --> falling gasoline prices
- whether we have the third leg of stagflation (high unemployment) is yet to be seen, but unemployment concerns are not on the Fed's radar scope yet
- I've argued against unemployment issues, but I could very easily be wrong
- I'm no longer taking any wagers
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Back to the Bakken
NDIC GIS map server: NDIC goal to have it up and running June 14, 2022;
- no update; still not up and running
CLR:
- in the red today: down 3.5%; down $2.61; closed at $71.61
- up slightly after hours
- average trading volume: 1.650 million shares are traded daily on average
- today's volume traded: 4.877 million shares
WTI: $115.30.
Active rigs: 37 or thereabouts
Three new permits, #39021 - #39023, inclusive:
- Operator: Kraken
- Field: Oliver (Williams)
- Comments:
- Kraken has permits for three King wells in SESE 8-157-98,
- to be sited 340 FSL and between 424 FEL and 490 FEL
Fifteen permits renewed:
- BR (9): two Kellogg Ranch; three Lillibridge; two Nordeng -- all in McKenzie County; and, two Patton permits, both in Dunn County;
- Whiting (6): two USA Federal permits, McKenzie County; one Littlefield permit, Mountrail; three Brehm permits, all in Mountrail County
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