Focus On Fracking -- Pending -- June 18, 2023

Locator: 44976B. 

Link here.

• gasoline imports at 12 month high; 
• May global oil shortage at 600,000 bpd; 
• OPEC output 899,000 bpd below lowered target 
• SPR at a new 39½ year low 

Reminder, link here:

• gasoline stored in the US increased by 2.1 million bbls, but total storage remains 7% below 5-year average
• US refiners at 93.7% capacity;
• US crude oil in storage increased by a whopping 7.9 million bbls last week
• US crude oil in storage now at 5-year average

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Spanish

1000-day streak.

I started Duolingo one-thousand days ago. Haven't missed a day.

Another Apple MacBook Air 15-Inch Review -- June 18, 2023

Locator: 44975AAPL.

Review: Apple's MacBook Air 15-inch. 

My hunch: very few folks really understand how incredible this laptop really is. One could argue it's a $3,999 machine being sold for $1,299, and is already being sold at discount by Amazon, by $100.

For casual, non-gaming users like me, the M1 13-inch MacBook more than meets my need but it's 13-inch. I can only imagine what the 15-inch "feels" like. 

I am still using the 2018 retina 13-inch MacBook Air with an Intel single core CPU with a speed of 894.

In comparison: the MacBook Air (late 2020) Apple M1: 2,322.

The Apple M2 base model, interestingly, is slower than the M1 and it's not trivial. But it doesn't matter.

It's all about the 15-inch display. 

By the way, in the old days, I would always buy the older Apple computer when the new ones were released. Apple computers easily have a life-span of five years. When the new ones come out, the older ones are generally less expensive than the newer ones before the price cuts that invariably ensure.

So, one can still get the 13-inch M1 chip for $999 (Apple) and I'm sure at retailers one can find models cut in price. I see that one can get this "$999" computer for $849 at Amazon as well as elsewhere. That's not much of a price cut, but wow, $849 for an M1 Apple MacBook Air. That's crazy.

COP, CVX -- June 18, 2023

Locator: 44974INV.

Over at Yahoo!Finance, three Bakken stocks highlighted: Hess, MRO, and COP (BR).

• article noted that MRO has 240,00 net acres in the Bakken
• MRO plans to bring 70 - 80 wells to sales (production) in 2023

Also over at Yahoo!Finance, the top 20 most profitable energy companies in the world.

Stories here.

Also, here.

The Motley Fool:  

Also:

• three oil companies with incredibly strong balance sheets. Over at Yahoo!Finance:

• PXD
• CVX
• XOM

Also, CVX and PDC, at Yahoo!Finance:

• PDC Energy's carbon intensity is currently around half of Chevron's 2028 target! As an example, there is "zero routine flaring" in the basin in which PDC Energy operates. So with this move, Chevron is not only increasing its reserves, but it is also reducing the carbon intensity of its business, speeding up its efforts to reach that 2028 goal.

PDC: fourth quarter and full year.

• total production: 250,000 bopd
• adjusted cash flow: $600 million/ 4Q22; $2.5 billion / year;
• free cash flow: $1.4 billion / year;
• base and special dividends: $1.00 / share (4Q22); $1.95 / share for full year 2022;
• SEC proved reserves, estimated, y/e 2022:
• 1,100 MBoe
• $15.0 billion
• discounted pre-tax PV-10 value of $19 billion
• regulator approved the company's Guanella comprehensive area plan:
• 33,000 net acres
• 22 locations
• 450 wells
•  Weld County, Colorado

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.

NVDA -- Nvidia -- Dominant -- June 18, 2023

Locator: 44973INV.

Beware the gamma squeeze.

Link here.

The Electric Company -- June 18, 2023

Locator: 44972INV.
Locator: 44837MUSK.
Locator: 44837EVS.
Locator: 44837INV.

The Electric Company story is tracked here. This slide continues to haunt me.

Beware the gamma squeeze. That's the talk today with regard to NVDA. 

Also, link here. 

This slide continues to haunt me.

Updates

June 18, 2023: CCS is dead. Link to the Verge here. Started with oilprice.com: 

June 18, 2023:

• breathlessly being reported, Tesla going down in flames; link here.

Original Post

Locator: 44874TSLA.

Later, 10:14 p.m. CT: link here.

Original Post

Huge story, from the viewpoint of an amateur investor:

• TSLA: one step closer to the "holy grail." Announced today. At this link:
• with the charger partnership between Ford and Tesla, we are one step closer to a universal charger. GM, right now, has a huge, huge, huge problem. The board has to be losing sleep over that Ford-Tesla-supercharging partnership.
• problem solved; one step closer to the "universal supercharger." 
• story broke earlier this afternoon.
  

 Ticker today:

Initial Production Data For Wells Coming Off Confidential List This Next Week -- June 18, 2023

Locator: 44971B.

The wells:

• 39305, conf, CLR, Meadowlark FIU 10-6H, Jim Creek, no production data,
• 39304, conf, CLR, Meadowlark FIU 9-6H1, Jim Creek, no production data,
• 39398, conf, Kraken, Wiseman 31-36-35-34 4H, Hebron, no production data,
• 39303, conf, CLR, Meadowlark FIU 8-6H, Jim Creek, no production data,
• 38633, conf, SOGC (Sinclair), Grasslands Federal 14-15-2H, Lone Butte, no production data,

Wells Coming Off Confidential List This Next Week -- June 18, 2023

Locator: 44970B. 

Six months ago, ferocious winter in North Dakota precluded any new drilling the last week of January.

Wednesday, June 28, 2023: 38 for the month; 146 for the quarter, 401 for the year
None.

Tuesday, June 27, 2023: 38 for the month; 146 for the quarter, 401 for the year
39305, conf, CLR, Meadowlark FIU 10-6H,

Monday, June 26, 2023: 37 for the month; 145 for the quarter, 400 for the year
None.

Sunday, June 25, 2023: 37 for the month; 145 for the quarter, 400 for the year
None.

Saturday, June 24, 2023: 37 for the month; 145 for the quarter, 400 for the year
None.

Friday, June 23, 2023: 37 for the month; 145 for the quarter, 400 for the year
None.

Thursday, June 22, 2023: 37 for the month; 145 for the quarter, 400 for the year
None.

Wednesday, June 21, 2023: 37 for the month; 145 for the quarter, 400 for the year
39304, conf, CLR, Meadowlark FIU 9-6H1,

Tuesday, June 20, 2023: 36 for the month; 144 for the quarter, 399 for the year
None.

Monday, June 19, 2023: 36 for the month; 144 for the quarter, 399 for the year
None.

Sunday, June 18, 2023: 36 for the month; 144 for the quarter, 399 for the year
39398, conf, Kraken, Wiseman 31-36-35-34 2H,
39303, conf, CLR, Meadowlark FIU 8-6H,

Saturday, June 17, 2023: 34 for the month; 142 for the quarter, 397 for the year
38633, conf, SOGC (Sinclair), Grasslands Federal 14-15-2H,

Happy Father’s Day — June 18, 2023

Locator: 44969B. 

101 days of summer: day 22.

Biking weather: one on a scale of one to ten. Way too hot.

 

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Grilling From HEB

Link here.

New York strip, $4.99 / lb.

 

#1-selling beer in the states, Modelo Especial, outside the US owned by Bud. BUD. LOL. #2-selling beer in the states: Bud Lite. Bud Lite controversy apparently accounted for a loss of 1% in global sales for BUD.

 

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The Markets Gift To US Dads

Link here.