Tuesday, October 28, 2025

Taco Tuesday -- October 28, 2025

Locator: 49260B. 

Another huge day for news.

Let's start with this: B-1 bombers out of Grand Forks AFB now making regular runs along the coast of Venezuela.

That's interesting.

Other news we may or may not get to:

  • traffic controllers not paid:
    • American Airlines delays: 36% of take-offs -- 36%; the Dems said shutdown would last until planes start falling out of the sky;
    • largest US union tells Dems to open government with "clear" continuing resolution --
      • has always been the solution; for some reason it's different this time
      • "for some reason" -- AOC, Bernie 
    • longest US government shutdown was 35 days, over the holidays, 2018- 2019
    • current shutdown, 2025
      • today: 28th day
      • 35th day -- next Tuesday, November 4, 2025
      • US Senate scheduled to be out of town for nine days, starting Friday evening, November 7, 2025
      • then again, another nine days, starting Friday evening November 21, 2025, Thanksgiving break 
  • Texas banking: hotbed of M&A; who would have thought?
  • Buffett: the emperor wears no clothes: others are now saying that 
  • Amazon slashing jobs: reasons not clear; reports later this week;
  • China delays export action on rare earths; early reports suggest a year-long reprieve
  • SOFI beats on earnings
  • tech earnings season starts in earnest: first up -- GLW 

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

WTI: $60.41. Link here.

New wells: link here

RBN Energy: link here