Locator: 48762B.
Locator: 48762ARCHIVES.
Four big stories today:
- Solar stocks rocked; plummet.
- US Senate bill worse (?) than US House bill.
- Amazon / Anthropic will have largest supercomputer in the world by the end of 2025.
- where did this come from? Under the radar?
- the Mideast, see below
- Trump to Iran: "unconditional surrender."
- Russia: paper tiger
- Iran's air defense rendered useless in one week;
- Iran's air defense: test ground for Russia's air defense testing
Solar:
- First Solar (FSLR):
- as recently as June 14, 2024: $275; today: $143.90
- Solaredge (SEDG):
- $365 as recently as late 2021; today, trading for $16.
- it's not as if investors couldn't have seen this coming
TikTok: Trump extends TikTok for another 90 days.
- TikTok: won't go dark; question is -- who "gets" it?
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Back to the Bakken
WTI: $75.49. Up over 55; up $3.75. Trump says "unconditional surrender now." Netanyahu hinted at major military event Thursday/Friday later this week. Everything suggests US about ready to hit Iran's main nuclear facility with B-2 bunker buster.
Active rigs: 29. First time in a long time, I've seen the number of active rigs drop below 30. Oh, oh.
Four new permits, #42021 - #42024, inclusive:
- Operator: Formentera Operations
- Field: Larson (Burke County)
- Comments:
- Formentera Operations has permits for four Jackson wells, SESW 17-162-94; all confidential,
- to be sited 446 FSL and 2221 / 2326 FWL;
- spacing unit, all four permits: 3 sections, sections 20 / 29 / 32 - 162-94;
Three producing wells (DUCs) reported completed:
- 40959, 1,112, CLR, Rutledge 5-11H, Dunn County;
- 40975, 1,084, CLR, Rugledge 6-11HSL, Dunn County;
- 40977, 2,520, CLR, Entzel 5-14H, Dunn County;
