Locator: 44484B.
Historic: Trump, Elon, DOGE force Congress to scrap bill that would have kept funding to keep government running through March, 2025. Inserted into the bill: a pay raise for Congress. Wow. Inserted without fanfare. Without headlines. Trump not even president yet. And it's the Dems that are upset. Finally, some adulting.
Musk changes everything: he can target most vulnerable GOP candidates coming up for re-election in 2026, and he has very deep pockets for any challenger. Link here.
Market: looks like the open could be green. We'll see. Dow riding longest daily losing streak since 1974.
"Triple witching" tomorrow: not sure how CNBC missed this. A guest brought it up in passing. Expect to see more volatility today. Could see that volatility in first thirty minutes. Then, mid-day and EOD to watch.
Apple buyback, link here:
Iran / Syria fallout continues, link here:
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Back to the Bakken
Major NG pipeline proposed for the Bakken: in today's Bismarck Tribune.
WTI: $70.42. This has been a relatively long stretch with WTI > $70.
Friday, December 20, 2024: 28 for the month; 131 for the quarter, 658 for the year
- 40039, conf, Hess, BL-Hersel-156-95-0910H-2,
- 35511, conf, Enerplus, FB Clinton 148-94-29B-32-9B,
RBN Energy: restarts, uprating, microreactors to play important roles in building US nuclear capacity.
The U.S. intends to triple its nuclear generating capacity by 2050 to meet the expected growth in electricity demand and expand carbon-free power production. In a recently related roadmap to achieving that goal, the outgoing Biden administration said the U.S. aimed to have 35 gigawatts (GW) of new nuclear capacity either in operation or under construction by 2035. It also outlined the key roles that restarting previously shut reactors, uprating some facilities to produce more power and the development of microreactors could play in the years ahead. In today’s RBN blog, we’ll discuss the report’s key findings and recommendations and what they tell us about the future of U.S. nuclear power.
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