Monday, April 3, 2023

Freight Train, Freight, Going So Fast -- April 3, 2023

Locator: 44300B.

I'm heading to bed. I'm exhausted. It's been a long day.

But first, just some random thoughts.

Can you imagine how all those folks -- including investors -- who hate Big Oil feel today?  I don't know if I've ever had a better day in the market. [“Surprise cut” by OPEC. WTI jumps from $74 $80.]

Governor Newsom blaming US Big Oil for gouging Americans at the pump? LOL.

Janet Yellen saying it was "unconstructive" for OPEC+ to surprise "us" with a production cut, which in the big scheme of things is a million-bopd cut when global demand is running at 100 million bopd. Give me a break. Incentivize US oil companies to drill in North America and see what happens.

Regardless, I'm in a great mood. 

But frankly, I'm surprised that taking one million bopd of crude oil off the global market had such a big effect on the American stock market. 

And remember it gets worse: June 23, 2023, when WTI oil is physically added to Brent.  

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Things Are Going Too Fast

This is the music only version of the trailer for ASTEROID CITY (2023), with everything except music (eg. dialog, sound effects) removed as well. Presented in 4K. Featuring the songs: 

 ➤ "Last Train to San Fernando" by Johnny Duncan 

➤ "Freight Train" by Chas McDevitt and Nancy Whiskey

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