Five New Permits -- VLO Raises Its Dividend -- Thursday, January 16, 2025

Locator: 44699B.

Politics: for the record, I hope Trump pardons NYC mayor Eric Adams sooner than later. It's gonna be great seeing a convicted felon pardoning all these folks. What a story. This story -- a felon pardoning felons -- will take a chapter in Trump's six-volume biography. I assume, as a felon, Trump can't vote any more. 

I would love to see Trump pull liberals' chains (or whatever the idiom is): Trump needs to muse out loud:

"As a convicted felon, I have an evolving compassion for convicted felons. How deeply it affects their family. How difficult it is to get a job. And some aren't allowed to vote. I'm thinking that maybe all felons, once they've served their sentence, should be pardoned, and taking it one step farther/further, the US president should be able to pardon state felons. Maybe all non-violent incarcerated felons need to be pardoned. Yes, I have an evolving compassion for felons. And I'm not up for re-election. Sort of like Joe Biden pardoning his own son."

Back to whether the phrase "convicted felon" is redundant or a tautology, see this link.

There's a lot of irony in this story and it's not as simple as it might seem. At this link, in a nutshell:

Under Florida law, if a voter has an out-of-state conviction, Florida will defer to that state’s laws for how a felon can regain his or her voting rights. 

For Trump, that means he will benefit from a 2021 New York law that allows people with felony convictions to vote as long as they’re not serving a term of incarceration at the time of the election.

For other Floridians with felony convictions, the rules are not so simple.

 ***************************

Focus on dividends, VLO: link here -- 

(1.13 - 1.07) / 1.07 = 5.6% increase in its dividend

Share price today = $139.37

(1.33 *4) / 139.37 = 3.2%. 

Date of record: January 30, 2025.

Payable: March 3, 2025. 

The rate was 4.1% on year ago.

**************************************
Back to the Bakken

WTI: $78.68.

Active rigs: 31. Winter is setting in; has set in.

Five new permits, # 41522 - #41526, inclusive:

• Operators: Petro-Hunt (3); Enerplus; CLR:
• Fields: East Tioga (Mountrail); Eagle Nest (Dunn County); and, East Forks (Williams)
• Comments:
• Enerplus has a permit for a MHA Thorn well, SWSE 16-148-94, 
• to be sited 307 FSL and 1970 FEL;
• CLR has a permit for a Syverson well, NENE 13-156-100, 
• to be sited 625 FNL and 362 FEL;
• Petro-Hunt has permits for three East Tioga oil field wells, two Torgerson wells and a single Lee well; 
• to be sited 249 / 250 FNL and 2285 / 2140 FEL.

*********************************
The Music Page

"Moon River."

Link to The Atlantic Monthly.

The object of affection is the river itself. Clever use of metaphors (?) throughout the song.

Coming home from Jiu-Jitsu last night, I asked Sophia, age 10, if she had heard Huckleberry Finn and/or Tom Sawyer. Something she doing at the time reminded me of those two characters. She had not heard of either. 

The Adventures of Tom Sawyer: ages 9 and up.

The Adventures of Huckleberry Finn: ages 12 and up.