Locator: 46730B.
But it seems "everything everywhere is happening all at once" and I don't want to get behind.
Right now, this is probably the most excited I've been about "everything everywhere" since the early days of the Bakken revolution.
Oracle was up 15% after hours today, AAPL was moving up today, and now this, late tonight:
Locator: 46729HOLLYWOOD.
Updates
March 17, 2024: long list of links.
March 17, 2024: a nice review, link here.
Original Post
Locator: 46727WHEAT.
Locator: 46723CHOCOLATE.
Both charts are from today.
Now, with the raw product going parabolic, how will the "refiner" do?
Ticker HSY:
Locator: 46722APPLE.
I have posted and re-posted this many times:
Apple, a $3-trillion-market cap company. Right, wrong, indifferent, I break it down this way:
With recent developments, this is being changed to:
Apple, a $4-trillion-market cap company. Right, wrong, indifferent, I break it down this way:
If $4 trillion is beyond the pale, then leave it at $3 trillion:
Locator: 46720B.
Oracle:
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The Rest
Investing: it's so difficult to restrain myself from talking about investing. But this is not an investment site and I would bring nothing to the discussion, anyway. There are a gazillion analysts on CNBC every day and a gazillion websites in addition to the information provided by one's brokers. My only advice for investors (not traders):
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Back to the Bakken
Active rigs: 40.
WTI: $77.93.
Three new permits, #40578 - #40580, inclusive:
Five producing wells (DUCs) were reported to be completed:
Wells of interest:
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The Book Page
The book this week:
The Road Not Taken: Edward Lansdale and the American Tragedy in Vietnam, Max Boot, c. 2018.
Notes will be posted here. Having just started the book, prologue and introduction, absolutely fascinating. It brings back a lot of memories. And it already explains a lot, much of which I did not understand when I was in high school and college. I was born in 1951.
It's hard to believe but a lot of men and women greatly affected by WWII would have had children born between 1945 and 1955, meaning, children of "war veterans" were themselves being drafted to fight in another foreign war. Those born between 1945 and 1955 would have been 20 years old to 30 years old.
Much of my "coming of age" years involved this period, 1961 - 1969, and maybe even farther out, to the mid-70s, depending on what one is measuring.
Locator: 46718BITCOIN.
Link here. A recurring theme on the blog.
Bitcoin mining, data center buildout and energy now followed here.
Locator: 46717AAPL.
Updates
Later, 7:46 p.m. CDT: after Oracle’s earnings after hours today, the original post is even more relevant.
Original Post
Margins: before I get started, where would AI likely result in the best margins: music or banking?
Locator: 46716POLITICS.
Updates
Later, 10:14 p.m CDT: I knew the story would be big, but I did not know it would be this big this fast. Link here.
Original Post
Locator: 46715NIGERIA.
A recurring theme on the blog.
Gonna use a lot of coal.
Locator: 46714ARCHIVES.
Flashback: the 1966 Buick Wildcat. The Wildcat was one of my favorite cars of all the cars my dad bought over the years. I don't recall the year but it was probably in the late 60s. From Arizona:
Annual Oscar Party, March 11, 2024:
Locator: 46713B.
Personal investing: Added to my ABBV position early this morning.
Endurance EV: update later.
Natural gas pipeline expansion and hydrogen hubs: a reader provided this link -- is WMB looking to expand natural gas pipeline expansion in Wyoming? I think we've seen this movie before: the prequel will run ten years, and there will be an endless number of sequels. But it gives me an opportunity to revisit hydrogen hubs.
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Back to the Bakken
Of interest, coming off confidential list:
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 1-2024 | 13931 | 8270 |
| 12-2023 | 25544 | 16515 |
| 11-2023 | 25135 | 16248 |
| 10-2023 | 26780 | 15107 |
| 9-2023 | 15464 | 9116 |
WTI: $77.25.
Tuesday, March 12, 2024: 110 for the month; 169 for the quarter, 169 for the year
39584, conf, Whiting, DE Bud 44-32-4TFH
39583, conf, Whiting, DE Bud 44-32-4H,
39551, conf, Whiting, S-Bar Devon 5393 34-1 7T,
39550, conf, Whiting, S-Bar Joanna 5393 34-1 6B,
Monday, March 11, 2024: 106 for the month; 165 for the quarter, 165 for the year
39506, conf, Oasis, Pocono 5302 33-4 5B,
39503, conf, Oasis, Pocono 5302 33-4 2B,
39484, conf, Oasis, Ledahl 5402 42-33 5BX,
Sunday, March 10, 2024: 103 for the month; 162 for the quarter, 162 for the year
39483, conf, Oasis, Ledahl 5402 42-33 4B,
RBN Energy: for US exporters, avoiding Panama, Suez canals comes at a cost.
Two maritime passages long regarded as essential shortcuts in the complex world of commodity shipping have become a lot more challenging to navigate. Transiting the Red Sea has turned potentially deadly because of geopolitical tensions, while severe drought has critically reduced operations at the Panama Canal. Combined, these issues are being felt across the energy industry, impacting U.S. and foreign producers and shippers, redrawing trade flows, extending voyage times and, ultimately, raising transportation costs. In today’s RBN blog, we’ll examine and quantify the extra time and costs that shippers of U.S. crude and refined products must bear when using alternative routes.
