Locator: 49500B.
East Wing: Trump is doing it "his way." LOL. I'm lovin' it. Seriously.
Target, the retail store: laying off 1,800 corporate employees. Even CNBC anchors were amazed at this number. 1,800! Redundant. At corporate headquarters. What in the world were they all doing? This is in the private sector. Imagine what's going on in the federal government. Wow. Ticker: one year, down 37%; five years, down 41%.
Trump traveling to China. Most transformative president since 1951. Traveling again, This time halfway around the world. His predecessor had trouble getting across the stage.
Trump terminates tariff talk with Canada.
Ford shuts down F-150 Lightning production. California and Governor Newsom spinning. I don't think folks realize how concerning this has to be for California politicos.
McDonald's: increases dividend by 5%.
McDonald's has increased its quarterly dividend by 5%, from $1.77 to $1.86 per share, reflecting confidence in its growth strategy. This marks the 49th consecutive year the company has raised its dividend. The new dividend is payable on December 15, 2025, to shareholders of record on December 1, 2025, and will result in an annualized dividend of $7.44 per share.
Theodore Roosevelt Presidential Library will open July 4, 2026. Link here.
Target: cuts 1,800 corporate jobs. See above.
Applied Materials: lays off 4% of workforce.
StanChart: turns bearish. Was bullish at $80; now bearish at $60.
Finally a headline that pulls no punches: link here. It should be noted that the Arctic -- not one bit of it made the National Geograpic list of places to visit in 2026.
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Back to the Bakken
WTI: $61.73. link here.
New wells: link here.
RBN Energy: link here.
