Rail: Siemens announces a new $220 million rail manufacturing facility in North Carolina. Speaks volumes about "the future" of America. Link here.
- Lexington, North Carolina
- on I-85, about 2/3rds of the way from Charlotte, NC, on the way to Greensboro, NC
- will build passenger cars
- production to begin next year (2024)
- an infrastructure law that Congress passed in 2021 is injecting funds into U.S. rail and transit operations
Pet peeve: presenters and anchors on CNBC seem unable to think strategically. At most, it seems they cannot think any further (farther?) out than JPow's next congressional visit.
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Back to the Bakken
Active rigs: 44.
WTI: $77.58.
Natural gas: $2.687.
No new permits.
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