Locator: 45600MOVIES.
Watching Asteroid City tonight.
And then, of course, immediately following that, one of the best clips ever …
Friday, September 29, 2023
All Blogging On Hold Tonight — September 29, 2023
And then, of course, immediately following that, one of the best clips ever …
Rope-A-Dope -- Rope-The-Dopes. -- LOL -- September 29, 2023
Locator: 45599UAW.
Updates
September 30, 2023: this may be the most interesting UAW-strike story to date. I've said the very same thing from the very beginning. Link here.
It relates to at least two specific "things":
- the nature of the strike; and,
- Ford's decision to delay building "that" new battery plant
Original Post
Wow, if Phil Lebeau can't see what's going on --- but according to polls, Americans support a 40% pay increase for established UAW workers and a 60% pay increase for recently hired workers.
Meanwhile, GOP on track to shut down America. I guess the GOP liked the Covid-19 lock down so well, they're going to do it again.
I don't follow politics closely enough to really know this but House Leader McCarthy seems more like a centrist, learning-left US Senator than a "kick-butt, take-names GOP MAGA-Rep." Just saying. I don't think Nancy Pelosi would have let this happen unless she wanted it to happen.
I could be wrong, but it seems like "keeping the government running" is a pretty basic requirement for the US Congress.
4
Thinking Out Loud — The Tea Leaves Are Probably Wrong — September 27, 2023
Locator: 45598UAW.
Updates
October 1, 2023: inventories in great shape. Link here: https://www.barrons.com/articles/evs-are-setting-records-but-theres-a-wake-up-call-in-the-data-9b7e63d9?mod=bol-social-tw
September 29, 2023: Fain authorizes increased strike action against Ford, GM
Original Post
UAW: tea leaves —
- Fain is serious about that 40% / 60% pay raise and willing to go the distance;
- last week’s decision to expand the strike against Stellantis/GM and favor Ford was nothing more than a ploy; nothing to do with “progress” with Ford; ploy foiled miserably; egg on Fain’s face;
- short term: strike will have greater impact than Covid on UAW families;
- long term: if strike goes as long as Fain appears to want the strike to go, impact on auto sector will be worse than impact of Covid; thinking Americans can already see that;
- if strike goes as long as Fain appears to want it to go, Biden will rue the day he walked with the UAW;
- we’re not even two full weeks into strike and already one gets the sense that the average American isn’t going to support a 40% pay raise for established workers; 60% pay raise for recent hires (polls say differently — see below);;
- at three weeks, UAW rank-and-file will start to ask why 20% of work force (those on strike) are being slammed, while 80% continue with full pay (and probably lots of overtime)
- auto manufacturers will start closing plants next week as parts become scarce.
- Americans will side with auto manufacturers (polls suggest otherwise — see below) — 40% / 60% pay raise beyond the pale
- last week, circular firing squad: UAW and management; this week, circular firing squad, UAW and White House; auto manufacturers have left the scene;
- targeting all three manufacturers was an incredibly stupid strategy; the three CEOs are now a band of brothers and will bargain accordingly;
- those are the tea leaves; they may be different by the end of the week; certainly not aligned with polls;
- polling data shows Americans strongly support the unions. Google: UAW strike poll.
- polls don’t put food on the table; if polls accurate, we should see huge Biden bailout for struggling families. Polls suggest Americans would support huge bailouts for families hurt by the strike;
- waiting to see inventory numbers of cars on lots; Asian manufacturers will benefit greatly.
WTI: the surge today was quite remarkable; continued after hours.
October, 2023, Hearing Dockets -- IN PROGRESS
Locator: 45623DOCKETS.
October hearing dockets posted.
Link here. Won't load on Firefox. Use Safari or some other browser.
The NDIC hearing dockets are tracked here.
The usual disclaimer applies. As usual this is done very quickly and using shorthand for my benefit. There will be factual and typographical errors on this page. Do not quote me on any of this. It's for my personal use to help me better understand the Bakken. Do not read it. If you do happen to read it, do not make any investment, financial, job, relationship, or travel plans based on anything you read here or think you may have read here. If this stuff is important to you, and I doubt that it is, but if it is, go to the source.
These are cases, not permits.
Monday, September 9, 2023
Monday, September 9, 2023, supplement
Tuesday, October 10, 2023
Tuesday, October 10, 2023, supplement
Wednesday, October 25, 2023
- 30415, 10, Oasis, Glass Bluff and/or Elk-Bakken, amend, establish, two overlapping laydown 1920-acre units; five wells on each; Williams, McKenzie counties.
- 30416, 3, SEG Williston, Stanley-Bakken, amen, establish a standup 640-acre unit; two wells; establishh an overlapping 1920-acre unit; one well; Mountrail County;
- 30417, 1, Hess, Beaver Lodge-Bakken, amen, estaablishh an overlapping 2560-acre unit, one well; Williams County;
- 30418, 1, Hess, Neww Home-Bakken, amend, establish an overlapping 2560-acre unit, one well; Williams County;
- 30419, 1, Heess, East Fork and/or Wheelock-Bakken; amend, establish an overlapping 2560-acre unit, one well; Williams County
- 30420, 2, Murex, West Bank and/or Beaver Lodge-Bakken, amend, establishh an overlapping 2560-acre unit, two wells; Williams County
- 30421, 1, Murex, Midway-Bakken, amend, establish an overlapping 2560-acre unit; one well; Williams County;
- 30422, 5, Petro-Hunt, Kittleson-Slough-Bakken, amend, extend the outline; establish a standup 1920-acre unit, four wells on that unit; establish an overlapping 3840-acre unit; one well; Burke County;
- 30423, 2, Petro-Hunt, Cottonwood and/or Kittleson-Slough-Bakken, amend, establish twwo overlapping 3840-acre units; one well each unit; Burke County;
- 30424, 4, Neptune Operating, Otter-Bakken, amend, establish two overlapping standup 1920-acreunit, two wells on each; Williams County;
- 30425,MRO, Bailey and/or Killdeer-Bakken; terminate an overlapping 2560-acre unit, Dunn County;
- 30426, 2, MRO, Bailey and/or Killdeer-Bakken, amend, establish two overlapping 2560-acre units; one well on each; Duunn County;
- 30427, 1, Scout Energy,Fryburg-Madison establish an approx 320-acre unit; one well; Billings County;
- 30428, 1, Scout Energy,Fryburg-Madison establish an approx 320-acre unit; one well; Billings County;
- 30429, pooling
- 30430, pooling
- 30431, 4, Oasis, Indian Hill and/or Elk-Bakken, amend, four wells on a proposed overlapping standup 1920-acre unit, section 32-153-101 and sections 2/11-152-102; McKenzie County; doesn't affect reader's wells, but need to confirm;
- 30432, pooling
- 30433, pooling
- 30434, pooling
- 30435, pooling
- 30436, pooling
- 30437, 8, Hess, Beaver Lodge-Bakken, amend, eight wells on a 1280-acre unit; Williams County;
- 30438, 5, Hess, Beaver Lodge-Bakken, five wells on a 1280-acre unit; Williams County;
- 30439, 8, MRO, Bailey-Bakken, amend, eight wwells on a standup 1280-acre unit; Dunn County;
- 30440, 9, MRO, Bailey-Bakken, nine wells on a standup 1280-acre unit, Dunn County;
- 30441, commingling
- 30442, injection
Thursday, October 26, 2023
- 30443, 3, Enerplus, McGregory Buttes-Bakken, establish, 960-acre unit; E/2 off sections 20/29/32-148-93; Dunn County;
- 30444, 1 multi-lateral, Resonance Exploration, amend, South Westhope-Spearfish / Charles, establish, 320-acre unit; S/2 of section 7-162-79; Bottineau County
- 30445, 1 multi-lateral Resonance Exploration, amend, Landa, South Landa and/or West Roth-Madison, establish, 480-acre unit; SW/4 and W/2SE/4 of section 35-163-79, and the NW/4 and E/2NE/4 off section 2-162-79; Bottineau County
- 30446, 1, PetroShale, Mandaree-Bakken, amend, establish, overlapping 1280-acreunit; sections 10/11-149-93, Dunn Couunty.
- 630447, 1, PetroShale, Eagle Nest-Bakken, amend, establish, overlapping 640-acre unit; W/2 section 4 and E/2 section 5-148-94, Dunn County;
- 30448, 3, PetroShale, Croff-Bakken and/or Bear Den-Bakken, establish three overlapping 2560-acre units, one well on each; McKenzie County;
- 30449, 1, Hunt Oil, Ross-Bakken, amend, establish an overlapping 2560-acre unit, Mountrail County
- 30450, 1, Grayson Mill, Westberg-Bakken, establish an overlappingn 2560-acre unit; Mckenzie County;
- 30451, 10, Grayson Mill, Elk-Bakken, amend, establish two overlapping 1920-acre units; five wells on each; Mckenize County;
- 30452, 3, Phaelens Butte-Bakkekn, amend, establish, overlapping 960-acre unit; McKenzie County;
- 30453, 3, EOG, Parshall-Bakken, amend, i) establish an overlapping 1600-acre unit; one wel; ii) establish an overlapping 2240-acre unit; two wells; Mouuntrail County;
- 30454, NDIC, confiscate
- 30455, NDIC, confiscate
- 30456, NDIC, confiscate
- 30457, NDIC, confiscate
- 30458, NDIC, confiscate
- 30459, NDIC, confiscate
- 30460, NDIC, confiscate
- 30461, NDIC, confiscate
- 30462, NDIC, confiscate
- 30463, 1, Phoenix Operating, Burg-Bakken, amend, establish, 3840-acre unit; Williams County; Divide County;
- 30464, 1, Phoenix Operating, Burg-Bakken, amend, establish, 3840-acre unit, Williams County; Divide County;
- 30465, 1, Phoenix Operating, Burg-Bakken, amend, establish, 3840-acre unit; Williams County; Divide County;
- 30466, 8, Phoenix Operating, Kittleson Slough-Bakken, amend, establish, 1920-acre unit; Mountrail County;
- 30467, 10, Grayson Mill, Briar Creek-Bakken, two existing 2240-acre units; five wells on each; McKenzie County
- 30468, pooling
- 30469, pooling
- 30470, pooling
- 30471, commingling
- 30472, pooling
- 30473, pooling
- 30474, pooling
- 30475, pooling
- 30476, SWD,
Feinstein -- Eulogy -- September 29, 2023
Locator: 45622FEINSTEIN.
I started to lose interest in NASCAR when the "old guard" started to retire a few years ago. The other day, when Olivia asked me a question about NASCAR I couldn't even remember Jeff Gordon, much less the car he drove.
I have completely lost interest in the PGA now that the "old guard" has disappeared, and with the LIV it's all about money, now.
So, it goes. I lost interest in politics with the passing of Ronald Reagan, though the flickering embers showed some life when Obama showed up on the scene. It was, of course, impossible to ignore Trump. But Feinstein's death may be the beginning of the end for the "old guard" in politics.
The passing of the torch may have occurred when Hillary lost to Trump, but that torch was never passed to Trump, and I know not who has it now. Certainly not the fashion trendsetter in the US Senate.
Biden, Mitch.
Sanders. Grassley.
Romney retiring.
Hillary will be around for another ten years.
Feinstein, for the archives. At the end of the day, a pathetically (second definition) sad story all around.
**************************
The Book Page
Wow, wow, wow.
First: never quit reading.
I'm slogging my way through Hermione Lee's biography of Edith Wharton. It's no longer a slog; it's absolutely fascinating.
I'm so glad I got my PhD in western literature with an emphasis on Brit Lit and a minor in continental literature back in 2004, or was it 2007? I've long lost the diploma -- truth be told, I never received the shingle. The PhD was from a home-schooling program -- one student. 384 Treeline Park, San Antonio, TX. Probably depressed, probably suicidal. Don't recall. Don't care. But reading kept me going.
Goethe was just one of many, but perhaps the most mysteriously interesting. I mention that because Hermione Lee / Edith Wharton mentions Goethe's Italian Journey (written between 1786 and 1788) which has left biographers perplexed for at least two centuries. Also mentioned, Goethe's Wilhelm Meister.
Edith read first and then traveled. To write, she said she needed to "live" the story. For me, I traveled first, then read.
College years, each summer: Tioga, Alaska, New Jersey, Europe.
Military: all over the world; fifteen years overseas.
Retired: then read. Voraciously.
Read about all the places I visited, experienced.
Oh, back to Goethe, Italian Journey and Wilhelm Meister, I've read both. It's obvious he met the love of his life that summer; "we" just don't know her (?) name, although there are hints.
I had my own "Italian Journey" decades ago. In fact, I was fortunate enough to have had two "Italian journeys": one stateside; one in Europe.
The Book Page -- September 29, 2023
Locator: 45621BOOKS.
Now that we've completed Lexington, it's back to Edith Wharton by Hermione Lee. Notes here.
********************
Life Is Too Short To Spend Five Years In Prison
********************
Beginning of the End
In small, black letters buried in the Drudge Report but ....
... putting on a brave face, but it's all over.
********************
Where MAGA Has Brought Us
Give the GOP enough rope ...
********************
ARM -- NASDAQ
For the archives. Link here.
Good Morning — TGIF — Friday, September 29, 2023
Locator: 45620B.
Military pay should be reflected by midnight tonight.
Tea leaves: government shutdown will be resolved within a week.
Hurricane: now it’s Rina. Link here, dynamic. And, here.
Bloomberg, commodities:
***********************************
Back to the Bakken
WTI: $92.93.
Sunday, October 1, 2023: 1 for the month; 1 for the quarter, 571 for the year
39360, conf, CLR, Hegler 3-13HSL1,
Saturday, September30, 2023: 123 for the month; 325 for the quarter, 570 for the year
39566, conf, Kraken, Cass 4-9 5H,
39460, conf, CLR, Hegler 4-13H,
38989, conf, Hess, RS-Harstad 155-91-0433H-6,
38835, conf, Enerplus, Hay Draw 148-97-27-34-3H,
39565, conf, Kraken, Cass 4-9-4H,
39461, conf, CLR, Hegler 5-13H1,
RBN Energy: Mississippi clean hydrogen hub banks an offf-grid renewables, salt-dome storage.
When you’re in competition for billions in federal dollars, you need more than just a sensible approach and a strong economic case. You need a real competitive advantage. That’s what Hy Stor Energy believes it has with its proposed Mississippi Clean Hydrogen Hub (MCHH). It sees off-the-grid renewable power and extensive salt-dome storage capabilities as the surest path to decarbonization for a myriad of industrial needs. In today’s RBN blog, we look at the overall strategy behind the MCHH, the plan to produce 100% green hydrogen, and how Hy Stor hopes to beat the competition and secure Department of Energy (DOE) funding for a regional hydrogen hub.