Updates
March 21, 2023: this story had no legs.
Original Post
Daily Mail breaking story tonight.
Updates
March 21, 2023: this story had no legs.
Original Post
Daily Mail breaking story tonight.
Updates
March 18, 2023: #15 Princeton, who knocked off #2 Arizona in the first round, looks like it is about to knock off #8 Missouri in the second round. With three minutes to go, Princeton is up by 18 points, 69 - 51.
March 18, 2023: second round, #8 Arkansas beats #1 Kansas.
Original Post
#16 FDU defeats #1 Purdue.
It's hard to say, but it seems the first round was a bit more unpredictable this year than last year's first round.
By the way, FDU had to "play in." FDU had to play among the "First Four" to even get into the first round, the Round of 64. As did Pitt who defeated Iowa in the First Round.
It took 33 years for a 16-seed to knock off a 1-seed: when UMBC beat Virginia in the 2018 NCAA tournament. It took only five years for a second 16-seed to do it, with Fairleigh Dickinson stunning the country by beating Purdue in the first round on Friday night 63-58.
While UMBC made history as the first 16-seed to beat a 1-seed, Fairleigh Dickinson took it one step further: The Knights are the first 16-seed from the First Four to do it.
After beating Texas Southern in Wednesday's First Four matchup, coach Tobin Anderson made a pronouncement that set the stage for Friday's monumental upset.
"The more I watch Purdue, the more I think we can beat them," he told his team in the locker room.
Top story:
Top international non-energy story:
Top international energy story:
Top national non-energy story:
Top national energy story:
Focus on fracking: most recent edition.
Top North Dakota non-energy story:
Top North Dakota energy story:
Geoff Simon's top North Dakota energy stories:
Bakken economy:
Commentary:
Active rigs: 45.
WTI: $66.74.
Natural gas: #2.338.
Five new permits, #39740 - #39744, inclusive:
One producing well (a DUC) reported as completed:
What has Corky taught Sophia? From a conversation with Sophia when she was six years old, this was pre-Covid when Sophia and Corky were both involved in swimming and gymnastics:
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For My Birthday
Going through old boxes, we came across this "crown" made by Olivia when she was in first grade, for my birthday. That was about ten years ago:
The Oasis Ramirez wells coming off confidential list:
Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
---|---|---|---|---|---|---|---|---|
BAKKEN | 1-2023 | 31 | 30294 | 30188 | 24827 | 62888 | 60538 | 1310 |
BAKKEN | 12-2022 | 21 | 15988 | 16160 | 43771 | 28314 | 25227 | 3083 |
BAKKEN | 11-2022 | 30 | 29195 | 29146 | 23470 | 48141 | 46961 | 0 |
BAKKEN | 10-2022 | 31 | 31286 | 31379 | 30757 | 52369 | 51043 | 0 |
BAKKEN | 9-2022 | 30 | 23196 | 22924 | 13486 | 29133 | 28413 | 0 |
Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
---|---|---|---|---|---|---|---|---|
BAKKEN | 1-2023 | 31 | 37507 | 37425 | 23912 | 70878 | 67721 | 2002 |
BAKKEN | 12-2022 | 29 | 33696 | 33923 | 53185 | 54225 | 50457 | 3762 |
BAKKEN | 11-2022 | 30 | 44209 | 44095 | 17412 | 69317 | 67961 | 0 |
BAKKEN | 10-2022 | 31 | 40720 | 40760 | 16116 | 73651 | 72436 | 0 |
BAKKEN | 9-2022 | 30 | 23200 | 22927 | 6420 | 28991 | 28413 | 0 |
Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
---|---|---|---|---|---|---|---|---|
BAKKEN | 1-2023 | 31 | 41737 | 41669 | 22370 | 75513 | 72133 | 2158 |
BAKKEN | 12-2022 | 30 | 44007 | 44146 | 51716 | 67157 | 62675 | 4475 |
BAKKEN | 11-2022 | 30 | 37622 | 37584 | 15565 | 66061 | 64889 | 0 |
BAKKEN | 10-2022 | 31 | 44866 | 44744 | 20794 | 78172 | 76768 | 0 |
BAKKEN | 9-2022 | 30 | 11480 | 11345 | 39129 | 29424 | 28413 | 0 |
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The Artist Hanging His Works
Three-year old Judah.
A pause in which "nearly all" employees have been furloughed.
When money is free, a lot of science projects and hobby horses are promoted. When money "costs" 6% things get serious.
JPow gets it.
From the linked article:
The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and a mere 3% year-on-year increase over January 2022. The EV market share among all passenger car sales also tumbled to 14% in January, well down on the 23% seen in December.
EV sales have been on a relatively consistent upward trajectory in recent years – aside from periods impacted by Covid-19 pandemic-related supply chain issues – and a significant collapse in sales is worrying news for the industry. Tax credits and government subsidies have propped up the EV market to date as countries identify passenger car fleet electrification as a core tactic for meeting net-zero emissions goals, but the reduction or removal of these subsidies this year has dampened consumer sentiment.
Automakers are now scrambling to reverse the downward spiral and salvage the market in 2023.
EVs today:
RIDE: not safe. It's the end of the road for RIDE.
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.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Happy St Patrick's Day:
TSM: safe.
RIDE: not safe.
Playboy documentary: I don't know the background, the backers, or when it was first released. But it is fascinating.
ONEOK: link here.
Most interesting energy story: comments on oil coming out of the Biden White House.
Tax season: link here.
************************
Back to the Bakken
Active rigs: 46.
Peter Zeihan newsletter.
WTI: $66.39.
Natural gas: $2.377,
Sunday, March 19, 2023: 63 for the month; 225 for the quarter, 225 for the year
39163, conf, CLR, Micahlucas 12-5H1,
38841, conf, Neptune Operating, Heen S 152-104-5-17-2H,
37647, conf, BR, Tailgunner 2C TFH,
37569, conf, Iron Oil Operating, Antelope 3-31-30H,
Saturday, March 18, 2023: 59 for the month; 221 for the quarter, 221 for the year
39162, conf, CLR, Micahlucas 11-5H, to be tracked here?
38655, conf, Oasis, Ramirez 5196 42-32 3B, the Ramirez wells are tracked here.
37648, conf, BR, Tailgunner 2D MBH,
RBN Energy: greenhouse gases and the refining industry.
Over the past couple years of energy market turbulence, pretty much everyone has come to acknowledge that the U.S. — and the rest of the world — will continue to require refineries and refined products for decades to come. It’s also likely, though, that U.S. refiners, like their European counterparts, will be required to do more to reduce the volumes of carbon dioxide (CO2) and other greenhouse gases (GHGs) generated during the process of breaking down crude oil and other feedstocks into gasoline, diesel, jet fuel and other valuable products. And, thanks to new federal incentives, it might even make sense for refineries to capture and sequester at least some of the CO2 they can’t help but produce. In today’s RBN blog, we begin a series on refinery CO2 emission fundamentals, the differing policies that are applied here in the U.S. and abroad, and how those policies might ultimately influence refining competitiveness.
It will come as no surprise that the refining industry generates significant volumes of GHGs, including CO2, from both the refining processes themselves and the fossil fuel consumption needed to power them — just consider the vast amounts of heat that need to be generated for distillation and other reactions that need to occur. It’s equally unsurprising that the refining industry — not to mention the separate-but-related transportation sector, which depends heavily on refined fuels — has been coming under increasing scrutiny regarding GHGs.
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.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
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.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Updates
Later, 2:54 p.m. CT: this is fascinating. I can park my cash in "T" and earn 6.06% and leave a boatload of "T" to my heirs. Meanwhile, money market funds:
Yes, I know one can find better money market rates.
Note: I use "T" generically -- there are other equities other than "T" that pay nicely, also.
Original Post
Bloomberg: $120 billion will flow into money market funds this next week.
My favorite chart. Link here.
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New Shoes For Sophia!
Belk is having a shoe sale! Seventy percent off. These $80-shoes are going for $24.
**********************************
Happy Birthday
For Sophia's Mom
Happy St Patrick's Day.
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.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Now, NVDA.
Overnight. I guess the global run on banks is over.
Now: