Saturday, March 8, 2025

Saturday, March 8, 2025

Locator: 48474ARCHIVES.

Tag: Intuitive Machines lunar landing

Measles: link to Red Book Onlin Outbreaks.

  • in the full year, 2024: 285 total cases in the US
    • 40% of cases hospitalized
  • so far, calendar year, 2025: 222 cases
    • 17% of cases hospitalized

Measles: from March 21, 2024 -- last year --


Measles, 2025 US epidemic:

  • Texas
    • January, 2025: current epidemic broke out, 
      • centered in Mennonite community in West Texas
    • February 24th report: 124 cases to date
    • March 4th report: 159 cases
    • March 8th report: 230 cases; 
      • second death but whether "due" to measles is being investigated

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For The Archives

Stories I may or may not get back to:

  • Elaine Chao
  • The Kennedy Center
  • ChargePoint
  • Hamas
  • WTI: price, observations 
    • 1986 - 1999: little volatility, $20
    • 2001 - 2001: huge surge, from $20 to $140
    • 2008 - 2024: huge volatility; from a high of $140; to a low of $35
    • 2025: going into the Trump era, could re-set to $60, possibly lower
  • Texas measles, now US measles
  • Portland, Oregon's craft beers 
  • Apple's new chips.
  • Apple's iPhone 16e. 
  • James Bond; new owner for the franchise.
  • construction dollars, California vs Texas, link here.
  • NASCAR: Phoenix this weekend; today's race, soon to begin (posted March 8, 2025, 3:36 p.m. CT)
  • lunar lander dead



March Madness
: link here.

  • selection: next Sunday, March 16
  • it begins, Tuesday, March 18

American Airlines: a shout-out to my favorite airline.

DFW: a shout-out to my favorite international airport.

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The Book Page

Arrived today: Chronological Life Application Study Bible. Published October 1, 2012. Regularly priced, $59.99; on sale, off 44%, for $33.49.

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The Sports Page

Sophia's soccer team won their opener, 1 - 0 in harsh conditions.  

Sophia has turned the corner with regard to her soccer skills. One of two goalies, each play a full half.

Friday, March 7, 2025

Week 10: March 4, 2025 -- March 10, 2025

Locator: 48473TOPSTORIES. 

Geoff Simon's quick connects

Top stories:

  • President Trump

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Top Stories

Geoff Simon's quick connects.

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The First 100 Days
January 20, 2025 - April 30, 2025

Sixth Week Of President Trump's Presidency

**********************************
The Top Stories

Top story of the week:

  • President Trump flips-flops on tariffs -- impossible for anyone to know what's going on
  • President Trump's "State of the Union Address" -- hits it out of the ballpark
    • opposition made fools of themselves; Americans who tuned in, not impressed

Top international non-energy story:

  • tariffs
    • Mexico, Canada: tariffs postponed at least for most items
    • China: appears to remain unchanged: 20% increase on what tariffs have been

Top international energy story:

  • OPEC pushing prices down

Top national non-energy story:

  • Measles outbreak in southwest US
    • mostly Mennonite community in west Texas
    • now at 200 cases; variously reported, 1 - 2 deaths
    • cases now outside Texas for first time -- New Mexico
    • so far vaccine seems to "be working"
  • President Trump
  • Minnesota: apparently has completely overspent huge budget surplus; now several billion shortfall;
  • California's governor moving to center in anticipation of running for president 
  • The Kennedy Center: leadership changes.

Top national energy story:

  • SD governor signs bill banning eminent domain for CO2 pipeline
    • one surface owner can scuttle entire project

Focus on fracking: current link here. Generally updated late Sunday night.

Top North Dakota non-energy story:


Top North Dakota energy story:

Three New Permits -- March 7, 2025

Locator: 48472B. 

Tag: mortgage rates measles

Measles: official US policy -- measles vaccines available for those who want to get vaccinated; costs around $25 per vaccine; not "free"; but most American citizens have some way of getting it for free;   measles vaccine appears to be "100%" effective with "zero" serious side effects; vaccine appears to provide lifelong immunity; vaccine provided by Big Pharma; SecHHS lukewarm to vaccination; emphasizes "natural remedies, to include cod liver oil."

Economy: people are buying houses. Correlation with my favorite chart?

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Back to the Bakken

WTI: $66.28. Promises made, promises kept. Energy prices continue to fall.

Active rigs: 33.

Three new permits, #41684 - #41684 - #41686, inclusive:

  • Operators: Petroshale
  • Field: Mandaree (Dunn County)
  • Comments: 
    • Petroshale has permits for three Horse Camp wells, NENE 11-149-93; 
      • to be sited 613 / 640 FNL and 1180 / 1233 FEL.

Seasonal Flu Update -- March 7, 2025

Locator: 48471FLU. 

Link here. Selected years.

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Unemployment

Latest report, link here.

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Goldilocks Economy

But finally, for those looking for signs of stagflation, we have all three: signs of a slowing economy (GDP); sticky inflation; and, unemployment not dropping. The numbers are still incredibly good, but the numbers are not "improving."

The first quarter, 2025 belongs to Joe Biden. The last quarter, 2025, will belong to Donald Trump.

See this post, from October 10, 2023. 


TGIF -- March 7, 2025

Locator: 48470B.

WTI: $68.13.

New wells;

  • Sunday, March 9, 2025: 23 for the month, 139 for the quarter, 139 for the year, 
    • 40472, conf, Hess, GO-John-156-98-0508H-5,
    • 26468, conf, Grayson Mill, Scott 150-99-13-24-5H,
  • Saturday, March 8, 2025: 21 for the month, 137 for the quarter, 137 for the year,
    • None.
  • Friday, March 7, 2025: 21 for the month, 137 for the quarter, 137 for the year, 
    • 40496, conf, Hess, GO-Olson-157-98-2536H-4,
    • 40370, conf, Enerplus, LK-Quilliam 147-97-14-23-8H,
    • 40366, conf, Enerplus, LK-Erickson 147-97-11-2-5H-LL,
    • 40363, conf, Enerplus, LK-Quilliam 147-97-14-23-5H-LL,

RBN Energy: Targa Resources, Phillips 66 detail plans for expanding Permian-to_Gulf infrastructure. Part 1 archived. Part 2 archived.

The handful of midstream companies that provide a full range of “wellhead-to-water” services between the Permian and the Gulf Coast are in growth mode, advancing a long list of gas processing plants, takeaway pipelines, fractionators and export terminal expansions. Last time we looked at what Enterprise Products Partners and Energy Transfer are up to. In today’s RBN blog, we shift our spotlight to what Targa Resources and Phillips 66 are planning, with Targa building a slew of projects and P66 growing primarily through organic opportunities that have arisen following recent bolt-on M&A. 

As we said in Part 1, a small but gradually growing group of midstreamers have seen the benefits of owning and operating the infrastructure that processes, transports and, in many cases, exports the increasing volumes of crude oil, natural gas and NGLs emerging from wells in the Permian Basin. Companies that offer the full gamut of midstream services can reap a number of important benefits — chief among them, the ability to operate with extraordinary efficiency, collect fees from shippers each step of the way, and feed pipelines, fractionators, storage and export terminals along the network’s value chain.

In that blog, we also detailed plans by Enterprise to add another 900 MMcf/d of gas processing capacity in the Permian over the next year or so, as well as bring online its 600-Mb/d Bahia NGL pipeline from West Texas to Mont Belvieu (in Q3 2025) and yet another fractionator (also in Q3). Several projects that will boost the company’s NGL export capacity out of Beaumont and Houston are also planned. Energy Transfer has similarly ambitious plans: 875 MMcf/d of incremental Permian gas processing capacity, upgrades to its Lone Star and West Texas Gateway NGL pipelines, a new fractionator at Mont Belvieu, an expansion at its Nederland Terminal to handle more NGL exports, and — last but not least — the 400-mile, 1.5-Bcf/d (and maybe larger) Hugh Brinson gas pipeline from West Texas to south of the Dallas/Fort Worth area.

Targa Resources Assets and Projects in Texas

Figure 1. Targa Resources Assets and Projects in Texas. Source: RBN 

 

Jump In Production -- An Old MRO Well In Bailey Oil Field -- March 6, 2025

Locator: 48469B.

The well:

  • 23699, 1,374, MRO, C. O. 34-20H, t11/2; cum 284K 11/18; cum 333K 10/21; cum 341K 5/22; cum 531K 1/25;

Note the jump in production, originally drilled back in 2012:

BAKKEN10-20243149985004764913751111352537
BAKKEN9-20243056485630510615569154873
BAKKEN8-202425476047695157119321184722
BAKKEN7-20243163466352578516403150001318
BAKKEN6-202430604560413960168711671187
BAKKEN5-202431771277336819205692043955
BAKKEN4-20243089378964100361751617187266
BAKKEN3-20243110808107611393417820165511207
BAKKEN2-2024228211821611212133531327731
BAKKEN1-20243110765107771771716713155501106
BAKKEN12-202331177991779625447270762692979
BAKKEN11-2023301755817546280032231022147109
BAKKEN10-2023311954719548369141968519336304
BAKKEN9-2023301818218178515061681016543222
BAKKEN8-202329160321599660777145061438573
BAKKEN7-2023330523034186842436240323
BAKKEN6-20230000000
BAKKEN5-20230000000
BAKKEN4-20230000000
BAKKEN3-20230000000
BAKKEN2-2023724437912832124139
BAKKEN1-202331114511266321281922164
BAKKEN12-202230109710666341316897151
BAKKEN11-202230101110536601418918209
BAKKEN10-2022311273120672717011250256
BAKKEN9-20223011671206704146311726
BAKKEN8-2022311280123981716921384113

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The Book Page 

Link here.

I did not realize until recently I had a first edition of this book. Whoo-hoo!

I've read it twice. Time to read it again.

I was reminded of the book when reading Isaac Asimov's Guide To Shakespeare, "A Midsummer Night's Dream," pp 50 - 51. 

Memoirs of Hecate County. Published in 1946, but banned in the state of New York until 1959, when it was reissued with minor revisions by the author. [Minor revisions? Essentially changed one line in one story.]

Which led me to this question: what is the most intimate question one can ask a married woman over the age of 39?  A rhetorical question. Please don't reply. For the archives. 

Thursday, March 6, 2025

Measles -- Covid: Then And Now -- March 6, 2025

Locator: 48468MEASLES.

Musical Interlude

Sweet Jane: link here. Anyone who's ever had a heart ....

**********************************
For The Archives

Re-posting from earlier today:

Measles:

  • Texas
    • January, 2025: current epidemic broke out, 
      • centered in Mennniote community in West Texas
    • February 24th report: 124 cases to date
    • March 4th report: 159 cases
  • Response?
    • then, Dr Fauci: lock down; mask; mandatory vaccination; IV Lysol; 
      • daily press conferences
      • national hysteria
    • now, RFK, JR cod liver oil; vitamins; vaccinate if you are so inclined
      • weekly update, maybe
      • cool, calm and collected
  • Observations:
    • measles markedly more infectious than Covid-19; 
      • markedly more infectious; 
      • no comparison
    • mortality, worldwide:
      • measles: 150,000 / year
      • Covid-19: 500,000 / year
    • reporting: entirely "political" / slanted / agenda-driven

Re-posting from 2023:

Locator: 45606B.  

The Bailey oil field is tracked here.

I'll never quit blogging about the Bakken but if I did quit, I would replace the blog with a blog on MRO activity in the Bailey oil field, North Dakota. Just saying. But I guess that’s still sort of like the Bakken. But different.

*******    
On Another Note

For the record, I have more posts than GasBuddyGuy has tweets.

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On Another Note

Nothing to do with the Bakken, but for the archives, I've just about had enough with EU regulators. Now, the EU is upset with Nvidia.
 
*******    
On Another Note

My wife seems to be able to drive to any location in the local area in a third of the time it would take me.
 
*******    
On Another Note

I have to laugh. Some folks think the government shutdown was due to Feinstein. LOL. 100% due to GOP. The WSJ. [Later: GOP does their job.]
 
*******    
On Another Note

Reality sucks.

Underlying inflation cooled notably this summer, with price pressures moderating for a third consecutive month in August. 
If that continues this fall, it would strengthen the case for the Federal Reserve to stop raising interest rates. 
The Fed’s preferred inflation gauge, the personal-consumption expenditures price index, rose a seasonally adjusted 0.4% last month, largely reflecting energy costs. 
Core prices, which exclude food and energy, rose just 0.1% in August, the weakest monthly increase since 2020, the Commerce Department said Friday. 
Over the three months through August, core prices rose at a 2.2% annualized rate. If that trend continues in the coming months, inflation would be running very close to the Fed’s 2% target.  
But higher energy prices pushed up overall inflation last month, highlighting why officials aren’t ready to declare victory.

Six New Permits -- March 6, 2025

Locator: 48467B.

Measles:

  • Texas
    • January, 2025: current epidemic broke out, 
      • centered in Mennote community in West Texas
    • March 4th report: 159 cases
    • February 24th report: 124 cases to date
  • Response?
    • then, Dr Fauci: lock down; mask; mandatory vaccination; IV Lysol; 
      • daily press conferences
      • national hysteria
    • now, RFK, JR cod liver oil; vitamins; vaccinate if you are so inclined
      • weekly update, maybe
      • cool, calm and collected
  • Observations:
    • measles markedly more infectious than Covid-19; 
      • markedly more infectious; 
      • no comparison
    • mortality, worldwide:
      • measles: 150,000 / year
      • Covid-19: 500,000 / year
    • reporting: entirely "political" / slanted / agenda-driven

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Back to the Bakken

WTI: $66.28. Promises made, promises kept. Energy prices continue to fall.

Active rigs: 33.

Six new permits, #41673 - #41678 - #41683, inclusive:

  • Operators: Devon (3), Hess (2), and Hunt Oil Company
  • Fields: South Tobacco Garden (McKenzie County); Wheelock (Williams County); Ross (Mountrail County)
  • Comments: 
    • Hunt has a permit for a State A well, NENE 8-156-90, 
      • to be sited 875 FNL and 505 FEL;
    • Hess has permits for two GO-Haug wells, lot 4, section 19-156-98;
      • to be sited 573 FSL and 579 / 612 FWL;
    • Devon has permits for three Johnson wells; SWSW 34-150-99; 
      • to be sited 445 FSL and 453 / 513 FWL

Three producing wells (DUCs) reported as completed:

  • 40748, 3,279, MRO, Gross 24-23H, Dunn County;
  • 40749, 2,925, MRO, Rosenkranz 24-23H, Dunn County;
  • 40750, 3,046, MRO, McAdoo 34-23H, Dunn County;

In depth:

  • a fourteen-well pad in Bailey oil field;
    • #40462; #40743 - #40751, inclusive; and, #40774, #40779, #40781, #40782
    • it appears nine are actively producing and reporting
    • it appears five are on DLR status but drilled to depth; probably fracked, also
    • it appears six run south; eight run north (could be mistaken) -- including two section line wells and two wells west of the "primary" drilling unit, sections 23 and 26
  • four wells of interest all are off line, as would be expected:
    • 18736, 626, MRO, Rosemary Eckelberg 21-26H, Bailey oil field, t9/10; cum 290K 11/24;
    • 21970, 1,234, MRO, Eckelberg 14-23TFH, Bailey oil field, t3/12; cum 214K 11/24;
    • 17310, 459, MRO, Rosemary Eckelberg 41-26H, Bailey oil field, t8/08; cum 205K 6/24;
    • 17318, 483, MRO, Clive Pelton 34-23H, Bailey oil field, t8/08; cum 225K 9/24;

Disclaimer, NVDA, Eggs, My Favorite Chart -- March 6, 2025

Locator: 48466ARCHIVES.

Politics: one gets the feeling that a very, very large silent majority is beginning to feel quite liberated. Trump's honeymoon among them could last a very, very long time. Trump had no honeymoon among the Democrats in Congress (US House and US Senate) and no honeymoon among federal judges, and now even the US Supreme Court, so:

  • he has nothing to lose among those two groups; and, 
  • the open hostility manifested by those two groups will likely endear the very, very large silent majority to his side.

Politics: the very, very large silent majority is noting that the Minnesota Dems and the AOC squad are supporting (California Dems are becoming less and less visible except in California):

  • an extension of the Ukraine war, even if it leads to WWIII or the use of nuclear weapons; full support for Zelenskyy's "no-compromise" stand; and, zero support for Trump's peace overtures;
  • a desire to allow men to participate in women's sports;
  • continued government spending with no need to cut the deficit or the debt;
  • continued support for the global trading system in which China, India, and the South Pacific Islands are all treated as emerging nations at the expense of the American taxpayer.

Investing: I have never been more aggressive buying US equity than I am now. 

I have a 30-year-rolling horizon and my entire portfolio will go to the grandchildren. They will not care what the market was doing on the day I bought the shares. They will also not care at what price I bought the shares. Don't misread that or take that out of context.

Today, link here:

Summit Carbon, hope springs eternal. Link here. See also.

See disclaimer at bottom of blog. I haven't posted the "disclaimer, briefly" for quite some time. The disclaimer is always available on every page, and at the top among the pages.

NVDA: link here. Down 16% today? I wonder how Nancy is doing? Stargate was first (?) mentioned on the blog February 8, 2025. Since then, we've had announcements for two large AI/LDC build-outs in/near Salt Lake City (#2) and Abilene, TX (#1).



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My Favorite Chart

MMF, re-posting:

Locator: 48435MMF.

Link here.


Elsewhere, holy mackerel, link here:

Washington, DC; February 27, 2025—Total money market fund assets increased by $60.54 billion to $6.97 trillion for the week ended Wednesday, February 26, the Investment Company Institute reported today. Among taxable money market funds, government funds2 increased by $52.97 billion and prime funds increased by $5.84 billion. Tax-exempt money market funds increased by $1.72 billion.

Also, link here.

Eggs: the Louisville Courier Journal. Link here. Kroger and Walmart are "holding the line." Kroger at $5.50 / dozen; Publix at $650. Advertised by Uber Eats for $2.80 / dozen at an Albertsons location in Portland. Link here.

**********************************
Disclaimer
Brief Reminder 

Briefly:

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
  • Longer version here.    

Thursday, March 6, 2025

Locator: 48465B.

Updates

Later, 1:47 p.m.: it is being reported that President Trump has suspended Canadian tariffs until April, 2025.

Later, 1:47 p.m.: it appears President Trump is "diverting" all military aid that was going to Ukraine, and now sending that aid to Israel.

Original Post

Mexico:

I've not read the article, and no plans to do so. Right, wrong, or indifferent, what this tells me is that the Mexican government has spoken with the Trump administration and progress is being made with regard to the border. The fact that Trump has declared victory at the southern border may have made it possible to suspend "most" new tariffs for the time being. Now he wants to see the Mexican government "press" and not "rest."

The question soon becomes, to what extent are tariffs being used to make policy decisions among US trading partners, and to what extent are tariffs being used to raise money. I think it's 70-30: 70% for diplomatic / policy decisions and 30% to raise money ... or perhaps raising money is only a sideshow.

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Back to the Bakken

WTI: $65.77. Promises made, promises kept. Trump's promise to lower oil prices.

New wells:

  • Friday, March 7, 2025: 21 for the month, 137 for the quarter, 137 for the year, 
    • 40496, conf, Hess, GO-Olson-157-98-2536H-4,
    • 40370, conf, Enerplus, LK-Quilliam 147-97-14-23-8H,
    • 40366, conf, Enerplus, LK-Erickson 147-97-11-2-5H-LL,
    • 40363, conf, Enerplus, LK-Quilliam 147-97-14-23-5H-LL,
  • Thursday, March 6, 2025: 17 for the month, 133 for the quarter, 133 for the year,
    • 40204, conf, Hess, EN-Weyrauch A-LW-154-93-1719H-2,
    • 39945, conf, Hunt Oil, Halliday 146-93-10-2H-1,
    • 39834, conf, Hess, EN-Meiers-154-93-1324H-9,

RBN Energy: as power needs soar, "virtual" power plants proliferate, but what are they?

The U.S. power sector is undergoing a major expansion to keep pace with the rising demand for electricity from data centers and other consumers, and trying to do a lot at once. Keep a lid on greenhouse gas (GHG) emissions by adding wind, solar and other renewables. Maintain grid reliability by supplementing variable renewable energy with more around-the-clock sources like natural gas-fired power plants. Oh, and keep power costs down, too. That’s a big collective ask, and to help make it possible, power grids are turning to so-called “virtual power plants” (aka VPPs) that, with an assist from computers and software, aggregate smaller power sources, batteries and flexible demand to provide power to the grid much like a traditional combined-cycle plant would. In today’s RBN blog, we’ll introduce VPPs and explain why they’re worth learning about. 

Everyone knows the generation sources contributing to the U.S. power grid come in a wide variety of forms — everything from nuclear, coal-fired and gas-fired plants to wind and solar farms. VPPs are a different animal altogether, consisting not of a single, relatively large stand-alone power source but a decentralized network of smaller, distributed energy resources (DERs) — “behind-the-meter” generators (including rooftop solar) and storage batteries, plus flexible load like electric vehicle (EV) charging devices, electric water heaters and smart thermostats that can ramp down when needed. These disparate sources operate in concert, managed by computers and advanced software.

VPPs aren’t just different, they’ve been flying largely under the radar but are more common than you may think. The Department of Energy (DOE) estimates the U.S. has 30 to 60 GW of VPP capacity today, equal to about 4% to 8% of peak electricity demand nationwide. The DOE predicts that VPP capacity in the U.S. could grow to 80 to 160 GW in just six years as grid operators around the country seek to quickly expand the availability of a reliable power source while holding down costs and minimizing GHG emissions.

We’ll begin by discussing in more detail how VPPs work. VPPs are “virtual” because the sources of supply and flexible demand are sprinkled throughout different areas (see Figure 1 below), and there is no central physical facility such as a traditional coal or gas plant. Instead, the operation of these small energy sources is connected via computers and software and, with an essential assist from batteries, work together to optimize their joint operation and help balance electricity supply and demand in the larger grid. VPPs enroll DER owners, including residential, commercial and industrial electricity consumers, in participation programs that offer rewards for contributing to grid operations.

What a Virtual Power Plant Consists of and How It Works

What a Virtual Power Plant Consists of and How It Works

Figure 1. What a Virtual Power Plant Consists of and How It Works. Source: Department of Energy 

Wednesday, March 5, 2025

Book Of The Day! Asimov's Guide to Shakespeare, Isaac Asimov, c. 1970 -- March 5, 2025

Locator: 48464ASHWEDNESDAY.

Tag: Department of Education

Six weeks to Easter Sunday. Easter:

  • first Sunday after first full moon after spring equinox
    • spring equinox, 2025: March 20;
    • full moon occurs on that very day, March 20, 2025;
    • so we need to wait for next full moon: April 14, 2025;
    • the first Sunday after that full moon: April 20, 2025
  • late Easter this year


Deep in Texas
: absolutely loving the first month of Trump's presidency. Link here. For the archives.

Department of Education: executive order coming -- front page, The WSJ --

And Barack Obama called himself audacious

Net zero and banking: link here. You have no idea how much I hate articles like this. One more reason to be happy Trump is in office. He gave the banks "top cover" to exit the net zero scam. Grist, wiki.

********************************
The Book Page

Asimov: it may be time to re-read the wiki entry for Isaac Asimov.

  • an exact contemporary of my dad, born 1920 - died 1992;
  • born in Russia; arrived US, 1923
  • professor of biochemistry at Boston University
  • American writer:

During his lifetime, Asimov was considered one of the "Big Three" science fiction writers, along with Robert A. Heinlein and Arthur C. Clarke.
A prolific writer, he wrote or edited more than 500 books. He also wrote an estimated 90,000 letters and postcards.
Best known for his hard science fiction, Asimov also wrote mysteries and fantasy, as well as popular science and other non-fiction. Asimov's most famous work is the Foundation series, the first three books of which won the one-time Hugo Award for "Best All-Time Series" in 1966.
His other major series are the Galactic Empire series and the Robot series. The Galactic Empire novels are set in the much earlier history of the same fictional universe as the Foundation series. Later, with Foundation and Earth (1986), he linked this distant future to the Robot series, creating a unified "future history" for his works.
He also wrote more than 380 short stories, including the social science fiction novelette "Nightfall", which in 1964 was voted the best short science fiction story of all time by the Science Fiction Writers of America.
Asimov wrote the Lucky Starr series of juvenile science-fiction novels using the pen name Paul French.

Wow, this simply makes my day.  Almost half the price that Amazon was charging -- and it's a hardcover. Amazing. I am absolutely thrilled.

Asimov's Guide to Shakespeare, A Guide to Understanding and Enjoying the Works of Shakespeare, Isaac Asimov, c. 1970; this Random House hardcover edition, c. 1993. Bought today, at Powell's Books, Portland, Oregon.

An example, from page 17, the beginning of chapter 2, "A Midsummer Night's Dream." I've often thought about this but have not seen it expressed until now:

The title of this play sets its tone. "Midsummer" refers to the summer solstice, when the noonday sun reaches teh most elevated point in teh heavens. By our present calendar, this is June 21. (To be sure this is only the beginning of summer by modern convention and be temperature considerations.

Yes, it is interesting, "we" consider summer June, July, and August, and arrange our life as such -- "summer" means "summer vacation" from school and "summer" means "summer vacations" in general, even for those whom school is not relevant in their calendar-planning activities. 

If there were but two seasons, winter and summer, summer would extend from March 20th to September 20th, and June 21st, the summer solstice, and yes, indeed, Shakespeare, again had it correct: June 21st is "midsummer."

Without question, if I were so lucky as to be able to teach a "Shakespeare" course to high school students or to first year, perhaps "remedial English," students, I would consider using this book as one of the primary texts. It would be too expensive for most of the students to afford, so I would find a way to get them the necessary texts without spending much money.

For non-students, this would be an incredibly good "beach book" except for the fact that it is way too heavy, thick. It does come in two volumes.

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The Recipe Page 

Steak au Poivre (peppercorn or ground black pepper).

Tag: oil oil poached potatoes creamy peppercorn sauce

This recipe calls for a rather extravagant amount of olive oil for poaching the potatoes, but it won’t go to waste. Once you’ve removed the cooked potatoes, let the oil cool, strain it into a sealable container and store it at room temperature, out of direct light–ready for another use.

Wiki.

Link to The Wall Street Journal

As luxurious as filet mignon in a classic French au poivre sauce is, Mitchell’s preferred steak technique makes it a realistic weeknight dinner.
“I cook it very fast over really high heat,” he said. He lets the meat come to room temperature before it hits the pan and waits to season it until just before cooking.
“Salt draws out moisture, and that prevents a good sear,” he said.

I've heard the same thing many times before, and most important, with a good cut of meat, the only seasoning one needs: salt and pepper. And neither to be used sparingly. 

Five New Permits; Four DUCs Reported As Completed -- March 5, 2025

Locator: 48463B.

WTI: $66.72.

Active rigs: 33.

Five new permits, #41673 - #41677, inclusive:

  • Operators: CLR (3); Stephens Williston DBA SEG Williston (2)
  • Field: Glass Bluff (McKenzie); Ross (Mountrail)
  • Comments: 
    • Stephens Williston has permits for two Gernand wells, NWSW 32-156-90, 
      • to be sited 2252 / 2282 FSL and 444 FWL;
    • CLR has permits for three Frisco wells, SWSE 31-152-102, 
      • to be sited 855 FSL and 2346 / 2410 FEL;

Four producing wells (DUCs) reported as completed:

  • 39678, 669, Neptune Operating, CPEUSC Gaetlaf 3-25-36-158-101W-MBH,
  • 39679, 750, Neptune Operating, CPEUSC Gaetlaf 2-25-36-158-101W-MBH,
  • 39680, 749, Neptune Operating, CPEUSC Farthing 5-30-31-158-100W-MBH;
  • 39681, 546, Neptune Operating, CPEUSC Clermont 5-19-18-158-100W-MBH-LL,

WTI Continues To Fall -- Despite Tariff Threats -- Promises Made, Promises Kept — March 5, 2025

Locator: 48462B.

Europe: green is dead. Must-read at Bloomberg.  Trump scores a two-fer: kills "green energy" and make Europe pay more for its own defense.

Cat and mouse: link here

The "chip connection: Taiwanese airline EVA Air announced it will add (introduce?) five nonstop flights to Dallas Fort Worth international airport this year (2025). 

  • just some of the many new national and international flights that will added to DFW in 2025. Southwest Air is still considering moving from LUV to DFW. 
    • Wright Amendment prevent that move until 2025
    • the Wright Amendment expired in 2014, but a restriction on SWA' ability to expand at Love Field expires in 2025 (I don't think I've ever come across a more confusing Federal law)
  • EVA air
    • from DFW to Taiwan Taohuan International Airport
    • non-stop: 7,718 miles

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Back to the Bakken

WTI: $65.73. Promises made, promises kept -- President Trump.

New wells:

  • Thursday, March 6, 2025: 17 for the month, 133 for the quarter, 133 for the year,
    • 40204, conf, Hess, EN-Weyrauch A-LW-154-93-1719H-2,
    • 39945, conf, Hunt Oil, Halliday 146-93-10-2H-1,
    • 39834, conf, Hess, EN-Meiers-154-93-1324H-9,
  • Wednesday, March 5, 2025: 14 for the month, 130 for the quarter, 130 for the year,
    • 41017, conf, WGO Resources, Koon Harkins 1-35.
    • 39978, conf, BR, Manchester 2E,
    • 39944, conf, Koda Resources, Stout 2033-8BH,

RBN Energy: NYMEX leads the way on WTI futures contracts, but there's room for more.

The U.S. crude oil market has undergone a drastic shift since the Shale Revolution. After a quarter-century of declining production and increasing dependence on imported oil, the U.S. has become the world’s leading producer. This transformation turned the U.S. into a major exporter and a critical supplier to the international market and also led to an evolution in crude oil trading. In today’s RBN blog, the first in a series, we’ll explore the history of West Texas Intermediate (WTI) futures contracts. 

Before the export market blossomed for U.S. crude oil in the late 2010s, most domestic production flowed through the important Midcontinent hub of Cushing, OK (see Give and Take). That location might seem odd on the surface for a global energy hub — the closest major cities are Tulsa and Oklahoma City, and the nearest refineries (HF Sinclair in Tulsa and Phillips 66 in Ponca City, OK) only account for about 325 Mb/d of demand. However, if you look a little deeper, you’ll see that Cushing has a rich history (see The Heart of the Matter), an astonishing 94 MMbbl of aboveground storage, and a long-standing role as a “trading post.”

The strong physical trading liquidity at Cushing attracted paper traders, allowing market participants to hedge their physical business and bet on the market via the WTI Light Sweet Crude Oil futures contract (contract symbol: CL) on the New York Mercantile Exchange (NYMEX). This contract, which launched more than 40 years ago, became important in the domestic market and internationally. In 2008, NYMEX was acquired by the Chicago Mercantile Exchange (CME), which currently manages the CL contract. CL remains the world’s most liquid crude oil contract. While this contract was initially supplied with WTI directly from West Texas, it did not exclude crude oil that originated elsewhere but met the contract standards. (See Trading in the U.S.A.; more on this in the next blog in this series.) 

Something Is In The Air -- March 6, 2025

Locator: 48461APPLE.

Surprised a lot of folks. The new M4 MacBook Air.

Later: The Verge -- first look, hands on.

Other surprises:

  • MagSafe charging cable.
  • headphone jack -- are you kidding me! I thought we would lose that! Amazing.
    • kids still use these jacks; and,
    • it's a much improved jack -- wow
  • Sky Blue along with three other colors
  • battery life: 18 hours
  • video camera: "when you move, it moves," keeping you center stage
    • includes "desk view" -- wow
  • can connect up to two external displays: gives you three displays simultaneously

I have two old MacBook Air computers -- all of a sudden I can have three displays simultaneously -- 

Link here.


Top story over at The Verge.

Huge, huge upgrade. Lowers cost. Now under $1,000!

WSJ scooped: hasn't posted the story yet!

Just one of many huge stories over on MacRumors, link here:

The new ‌MacBook Air‌ introduces a 12-megapixel Center Stage camera, which automatically keeps users centered in the frame as they move around during video calls. It also supports Desk View, which simultaneously displays the user and a top-down view of their desk.

The ‌MacBook Air‌ now features a lower starting price of $999. Education pricing starts at $899. It is available to pre-order today, with availability beginning Wednesday, March 12.

It looks like I can get one for Sophia and take advantage of "education pricing." 

Other headlines at MacRumors

  • BestBuy already introducing first discounts on Apple's new M3 iPad Air. For members: $549.00;
  • Apple discontinues M2 and M3 MacBook Air
  • Apple introductes M3 Ultra chip with up to a 32-core CPU, with 24 performance cores and eight efficiency cores; a 32-core Neural Engine
    • up to 1.5x faster than the M2 Ultra chip and up to 1.8x faster than the M1 Ultra chip
    • wow, wow, wow -- can be configured up to an 80-core CPU
  • Apple introduced new Mac Studio with M4 Max and M3 ultra chips, Thunderbolt 5 ports
  • Qualcomm claimes its new modem will create a "huge delta" in performance versus Apple, largely thanks to its AI-powered features -- will be use in Android devices
    • download speeds up to 12.5 Gbps
    • peak upload speeds of up to 3.7 Gbps
    • for more on Qualcomm modems vs Apple's C1, click here.

Tuesday, March 4, 2025

Blackrock -- Fink -- Direct Line -- Trump -- Panama Canal -- The Dots All Connect -- March 4, 2025

Locator: 48460PANAMA.

Bloomberg: link here.

MSN/AP: link here.

This was a huge story on so many levels.

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.

In a filing, CK Hutchison Holding said Tuesday that it would sell all shares in Hutchison Port Holdings and in Hutchison Port Group Holdings to the consortium in a deal valued at nearly $23 billion, including $5 billion in debt.

The deal will give the BlackRock consortium control over 43 ports in 23 countries, including the ports of Balboa and Cristobal, located at either end of the Panama Canal. Other ports are in Mexico, the Netherlands, Egypt, Australia, Pakistan and elsewhere.

****************************
The Book Page

44% off regular price. 44% off price at other sites.

The War Is Over --- March 4, 2025

Locator: 48459UKRAINE.

This is amazing. Link here.

Parody. Link here.

One of his best speeches ever. Link here.

I admire Nancy Pelosi for showing up. I had not expected that. I would like to see her detractors at age 84 less than six months out from a broken hip walking with a cane show up at a gaggle of narcissists. 

After his speech tonight ... my hunch ... well, I don't know what to say ... will be interesting to see what pundits have to say ... 

Disgraceful ... pending over at x.

Had I not seen it with my own eyes ... 

Reviews suggest he hit it out of the ball park ....

My hunch ... if the war ends within Trump's first 100 days, Zelenskyy will get the Nobel Peace Prize.

Phoenix Operating With Four New Permits — March 4, 2025

Locator: 48458B. 

WTI: $68.26.

Active rigs: 31.

Four new permits, #41669 - #41672, inclusive:

  • Operator: Phoenix Operating
  • Field: Noonan (Divide County)
  • Comments: 
    • Phoenix Operating has permits for four Gopher wells, NWSW 33-162-95; 
      • to be sited 2239 / 2359 FSL and 450 FWL.

Well, This Didn't Take Long -- March 4, 2025

Locator: 48457UKRAINE.

Well, this didn't take long.

Something tells me we won't see Zelenskyy at the White House any time soon. 

FAFO.

One certainly gets the feeling that Zelenskyy misread Trump and JD Vance, and played Joe Biden for billions of dollars. 

Update: link here. I guess the war will continue with continued funding from the US. 

NATO, the EU, and Europe can breathe more easily.