Dow Hits 45,000 For First Time Ever -- December 4, 2024

 Locator: 44491B.

DOW 45000

Link here.

Simply insane, at the close:

LNG: google "sre total return last five years" vs "lng total return last five year." Answer: 68%; 270%.

• overview, basics;
• SRE, the next big investmentment?
• SRE vs LNG;
• the three to watch.

Car sales, link here.

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Back to the Bakken

WTI: $68.68. Significant decline from the morning's opening. Possibly related to headline that Trump's policies will drop WTI to well below $60. One wonders what that would do to the price of LNG / natural gas.

Active rigs: 35.

Four new permits, #41392 - #41395, inclusive:

• Operator: Grayson Mill (3); CLR
• Fields: Cow Creek (Williams); Alkali Creek (Mountrail)
• Comments:
• CLR has a permit for a Vachal FIU well, NENE 27-154-94, 
• to be sited 215 FNL and 494 FEL;
• Grayson Mill (Devon) has permits for three Tufto wells, NENW 18-155-100, 
• to be sited 386 FNL and at the following distances FWL: 1901, 1931, and 1991.

One permit canceled:

• 41273, Slawson, Atlas 3-21-16H, McKenzie County.