Friday, February 3, 2023

Week 5: January 29, 2023 -- February 4, 2023

The three top stories:

  • On orders from President Biden, the US shoots down a Chinese spy balloon off the US east coast 
  • BP ditches "beyond petroleum." 
  • employment numbers for January, 2023

The single best story:

  • Economy and Wall Street doing much better than expected; JPow almost pauses; raises rates by 25 basis points -- a "rounding error" at this point.

Top story:

  • Global warming hit New England, NYC: new all-time LOW records in New England, NYC; 
    • New Hampshiree: the -108°F wind chill is likely the lowest ever recorded on planet earth and stratospheric winds are as high as 120 mph
  • Joe Biden is still president; 
    • still finding classified documents wherever they look; no one cares; the excitement is over, now that classified documents also found at former VP's house (Pence)

Top international non-energy story:

  • That balloon story? We were all played. Trump had them, too.  Or so the other party says. LOL.
  • Chinese version of "Sputnik" flies over Montana; 
    • no indication "we" knew about this before balloon well into interior of US; no public statement suggesting otherwise
    • Biden administration: job #1 is to now get the balloon over Canada;
    • Biden administration now "classifies" its location so Americans won't know where it is;
    • China says the balloon blew off course; the spy balloon was supposed to be over the nuclear missile/bomber bases in North and South Dakota, not over Flathead Lake in Montana
    • so what does USAF do? Launches most-modern nuclear-capable bombers out of Ellsworth so Chinese can record "engine signature"
  • Russian-Ukraine war continues
    • Allies send modern tanks; Putin suggests going nuclear;

Top international energy story

  • Russian crude oil revenues fall 47% year-over-year;

Top national non-energy story:

  • Apple misses estimates -- first time since 2016; shares surge.
  • Reparations gain traction.

Top national energy story

Javier Blas:

Focus on fracking: most recent edition.

Top North Dakota non-energy story:

  • USAF wants state of North Dakota to "ban" Chinese project outside Grand Forks AFB;

Top North Dakota energy story:

  • Bakken as busy as ever despite typical cold winter weather;

Geoff Simon's top North Dakota energy stories:

Bakken economy:

Commentary:

Entertainment:

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