Link here. Wall Street Journal. Obama. FAA. DEI.
US equity markets fell after confirmation that Trump will impose tariffs tomorrow, Saturday, February 1, 2025, on Canada and Mexico, raise tariffs on China by an additional 10%.
That was made very clear during the White House press conference earlier today but there seems to be some legal room / some bureaucratic "legalese" that suggests "negotiations" continued later today into exactly what will take place tomorrow. Behind the scenes, each side is negotiating what they expect the other side to do.
There are indications the executive order will be signed tomorrow, February 1, 2025, but the tariffs won't go into effect until March 1, 2025, giving "everyone" a chance to negotiate.
Get out the popcorn: link here. NYT. The purge has already begun, according to NBC Nightly News. "
All six senior FBI agents" have been fired (or resigned prior to being fired). Heads of several regional FBI offices have also been let go. Can you imagine, on the short list to be the next director of the FBI after twenty years working for the FBI, and now finding yourself looking for a job in the civilian world. I assume full retirement is 30 years; can you imagine being let go at 26 years?
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Back to the Bakken
WTI: $72.5.
Active rigs: 36.
One new permits, #41572:
- 40572, conf, Empire North Dakota, Utah Raptor 1 1H, Starbuck, lot 2 section 1-160-79, Bottineau oil field, to be sited 430 FNL and 1350 FEL.
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