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Tuesday, April 19, 2022

Streaming Wars Update -- April 19, 2022

Before we get started, Amazon's Alexa / Fire TV Stick is an incredible combination. I assume the Apple ecosystem and other "integrated systems" can do the same thing but I don't have Apple TV, Google TV, Roku, etc. But I digress. 

One can use voice commands to Amazon's Alexa to "change channels" / surf streaming services. It appears about the only thing Alexa can't do in this arena is change the volume on the TV set (one can use voice commands to change the volume on the Amazon Echo device). 

Now, back to the update.

With Netflix debacle today, I need to re-visit "streaming wars" again.

Begin here: US News 360 Reviews -- best streaming services of 2022.

Live TV streaming services:

On demand streaming services:

New kid on the block: Warner Bros Discovery 

Media streaming devices: PC Magazine. Ranked:

  • Amazon Fire TV Stick 4K
  • Chromecast With Google TV
  • Amazon Fire TV Stick (3rd Gen)
  • Amazon Fire TV Cube (2019)
  • Amazon Fire TV Stick 4K Max
  • Roku Streaming Stick 4K
  • Roku Streaming Stick 4K+
  • TiVo Stream 4K
  • Apple TV 4K (2nd Generation)

Why Aren't They Fracking In The Bakken? April 19, 2022

Link here


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Another Surprise Draw
It's Always A Surprise

API data. We'll see if the EIA data corroborates this tomorrow. 

But for today

But plenty of gasoline, it seems. 

On another note, competition is fierce. I don't subscribe to Netflix. It's now between YouTube and Hulu. Netflix is down 23% after-hours. Could lose as many as two million subscribers in current quarter. 

Is this not great poetry .. LOL ... I started a joke ... I fell out of bed ... hurting my head ... over the things that I said .. and I finally died. -- The Bee Gees.

Not To Worry -- April 19, 2022

I don't know if folks have noticed, but crude oil (both WTI and Brent) lost about $5/bbl today.

But don't fret.

This is breaking (no pun intended): the French utility EDF finds signs of corrosion on four more reactors during checks. EDF had already found corrosion issues (euphemism for "cracks that could lead to nuclear meltdown" in five other reactors. Link at Bloomberg and if Bloomberg is reporting it, it has to to accurate

This Is It -- This Is Where It All Ends -- April 19, 2022 -- Almost Two Years To The Day -- Update: Not So Fast -- Headed To US Supreme Court

Updates

Later, 6:53 p.m. CT: DOJ will appeal the judge's decision, reversing President Biden's statement saying "it was over." The mandate runs out in two weeks. By the time this gets to court, it's a moot point unless President Biden extends the mandate again. It's my impression that judges generally don't rule on cases that are moot. Legally, this is the right thing to do. Politically, this is the worst thing Biden could allow to happen. 

Meanwhile: Supreme Court rejects appeal from airman facing punishment over refusal to take vaccine; SCOTUS ruled against 35 Navy SEALS in a similar case last month. Reported by Fox, but in very small letters; easily missed.

Original Post 

The White House won't appeal the ruling. 

That speaks volumes about how serious they really took it. A simple filing would have put the ruling on hold. LOL. 

Contributor over at The Daily Beast absolutely "lost it." Thought it worst ruling ever. This is how periodicals like The Daily Beast lose their relevance. C'mon man, think about it -- the mask mandate was to have ended already and President Biden simply extended it for two weeks. For what? Who knows? 

Is that the real reason the market surged this morning?

What was it about airplanes, anyway -- cleanest air in the universe, bar none. 

Cause and effect? Halliburton's Jeff Miller expects North American customer spending to increase by 35% this year, up from 25%.

Everyone else: stagflation, inflation, recession. I'm sticking with HAL. 

June 18, 2015. Goldman Sachs forecasting $40-oil and possibly $20-oil.

As much as I love what I'm doing, I would rather be with my grandmother Reka fishing -- 1963 --  for bullheads in Storm Lake, Iowa. One summer, she had tallied 171 bullheads. And the summer was only 2/3rds over. 

Put your headphones on. Play this loud. Wow, what a great country. Look at the masks -- Sophia would have loved to have been there, dancing and doing handstands ... and cartwheels ... this is a cover ...


And then, https://www.youtube.com/watch?v=6uecFirb4T4. What a great country.

Where was I. Oh, yes, Big Oil's windfall creates a quandary for the industyr.

LOL.

From Bloomberg. What will the companies do with all their cash? Probably not drill more to help lower gasoline prices. I used to think Bloomberg contributors were able to figure these things out. LOL. 

Holy mackerel. Is anyone following the market today. I just took a look.

  • Dow 30: up 550 points;
  • NASDAQ: up 300 points;
  • S&P 500: up 75 points.

This rally is not due to strong earnings. LOL. It's all about the mask. April 19th, 2022. It's over. Over. No matter how bad it gets, we're not going back. 

The three bellwethers I'm watching:

  • AAPL: struggling early; now a bit of a surge;
  • BRK-B: ditto;
  • UNP: wow, there we go; after weeks of being negative, turns very nice positive.

North Dakota Light Sweet -- April 19, 2022

All things being equal, Bakken mom-and-pop mineral owners should see a nice jump in their royalty checks in the next month or so. Whoo-hoo! Congrats to those who benefit.

From today's Director's Cut:

Crude price, NDLS:

  • today: $110.75
  • January, 2022: $74.86
  • February, 2022: $86.17
  • December, 2021: $65.46

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Fully Invested

About a month ago I tried really, really hard to diversify, but it killed me. LOL.

Now, back to buying energy. 

I did buy some TSM today.

Along with KMI for the dividend, and DVN, for obvious reasons. 

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

Those managed funds, those hedge funds that refuse to invest in oil and gas ... wow ... my amateurish oiil and gas portfolio is outperforming every one of my managed funds.

Headlines -- April 19, 2022

Director's Cut released, February, 2022, production. Posted here

From oilpricecom

  • Oil:
    • Brent: down 4.79%; down $5.42; trading at $107.70.
    • WTI: down 4.85%; down $5.25; trading at $103.00 
  • Keystone XL: sixteen states urge Biden to bring back Keystone XL 
  • $185 crude oil: that could happen if EU bans Russian oil -- JPMorgan 
  • OPEC quota: missed by 1.4 million bpd in March, 2022 
  • US doesn't need all that oil: US exports oil from SPR -- Charles Kennedy

Headlines from others:

  • ten-year Treasury yield touches 2.93% before dropping back; level not seen since late 2018;
  • anything special about late-2018?
  • BP partners with Tritium on EV chargers; Tritium shares surge;

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Active Rigs In North Dakota
From NDIC Daily Activity Report

Note: done quickly; not double-checked; content and typographical errors likely; if this is important to you, go to the source.

April 19, 2022

Rig

#

Operator

Well Name

File #

A

Nabors B 

1

Lime Rock Resources

Behr 16-21 1TFH-LL-155-91

38694

 

Noble

1

 

 

 

 A

T&S Driilling 

1

Enerplus

Pattern 149-93-05A-08H-LL

38848

A

Nabors B

2

BR

Lone Beaver 4-1-17MBH

37695

A

Nabors B

3

Ovintiv

Kramer 150-97-18-19-2H

38242

 

 AES

4

 

 

 

 

Noble

4

 

 

 

A

Nabors B

5

Summit Carbon Solutions

Slash Lazy H 5

38701

 A

Nabors B 

6

BR

Saddle Butte 44-9 MBH

30922

 A

Nabors X

10

Grayson Mill

Ron 28-33 3H

38821

 A

Nabors B

13

Oasis

Ramirez 5196 42-32 2B

38656

A

Stoneham

16

Zavanna

Galloway 18-30 2H

29782

A

Nabors B

18

WPX

Wounded Face 14-15HC

38432

A

Nabors B

20

Iron Oil 

Boxcar 1-4-16H

37896

A

Nabors B

21

Crescent Point

CPEUSC Narcisse 3-8-5-158N-99W-MBH

36512

A

Nabors X

24

Hess

EN-Rehak A-LW-155-94-1423H-1

38195

A

Nabors B

26

Oasis

Achilles 5301 12-13 3BX

36048

A

Nabors B  

27

CLR

Irgens Rexall 8-19H

37290

A

Nabors X

27

Hess

EN-Anderson-LW-156-94-1819H-1

38733

A

Nabors X

28

Hess

BB-Budahn-LN-150-95-0506H-1

38163

A

Cyclone

35

Bowline

Shaffer 155-102-27-22-7H

36899

A

Cyclone

38

CLR

Flint Chips Federal 3-5HSL1

38121

A

True Drilling

39

Enerplus

Backhand 149-92-31C-30H

38340

A

True. 

40

Enerplus

Gallium 147-93-17A-29H

37895

 

Iron Hand

108

 

  

 

 

Patterson

134

 

 

 

 A

H&P

259

MRO

Yockim 14-8H

38710

A

Patterson

276

Rimrock

MC 14-11 Narwhal 34H

38698

A

Patterson 

280

Murex 

KC-Dustin David 17-20H MB

38765

 

Capstar

329

 

 

 

A

Unit

414

Slawson

Sauger Federal 4-22H

38727

A

H&P

429

MRO

Odermann 24-10TFH

38502

A

H&P

454

CLR

Fuller 8-2H1

38371

A

H&P

456

CLR

Bang 6-4H

38675

A

H&P 

492

CLR

LCU Foster FIU 5-28H1

38168

A

H&P 

515

Petro-Hunt

Estby 159-94-35C-26-2H

37370

A

H&P 

516

Ovintiv

Kramer 150-97-18-19-5HR8-8H

38849

A

H&P

535

Whiting

Ryder Olson 31-1H

38541

A

H&P 

640

Hunt

Palermo 156-90-2-31H 5

29792

A

Patterson

806

Whiting

Lindley 41-7-2H

38430

A

Patterson 

808

Whiting

Rudman 11-12H

38392

A

Patterson

811

Grayson Mill

Larsen 10-2 XE 1H

37205

A

Patterson 

901

CLR

Clear Creek Federal 9-26H

37983