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Wednesday, April 22, 2026

Huge Day For The Market -- April 22, 2026

Locator: 50590B.

Jiu-Jitsu: Gen Z's version of Twister. Seriously. Google Gemini query. 

Kristi-Noem-purse thief: sentenced to three years in prison. Wow. 

MacBook Neo: I "had" to visit Costco today to pick up some gifts. The visit gave me a chance to see the new MacBook Neo. 

It really is amazing. To walk up to the Apple computers, and among high-end computers, there's a Neo that looks just like all there rest -- except for the price -- "in-person," seeing the $589 price tag is amazing. Did anyone really think we would ever see a state-of-the-art Apple laptop for under $600? 
Saying it's under $600 makes it sound even more expensive that it really is. It's $589 -- holy mackerel. Next fall it should qualify for Texas "back-to-school" tax-free weekend. I don't know, but it should. 

Heavy metal: copper on fire today; link here. Could test all-time highs. Both GLW and SCCO up 2% today. LUMN? Up 6% today

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Back to the Bakken 

WTI: $92.52. Up $2.84; up 3%. Most likely due to:

  • reports that Iran seized two tankers in the strait;
  • the US blockade on Iran is holding;
  • everyone knows Iran won't negotiate away their uranium or their control of monetizing the strait (i.e., diplomacy is over);
  • Trump, meanwhile, can simply sit, stalk, select.

Active rigs: 22.

Four new permits, #42855 - #42858, inclusive:

  • Operators: Hunt Oil (3); Hess
  • Fields: Thompson Lake, Burke County; Dimond, Burke County; Ross, Mountrail County;
  • Comments: 
    • Hess has a permit for a RS-Jones well, NWSW 35-136-92, 
      • to be sited 2043 FSL and 495 FWL;
    • Hunt Oil has permits for two Kandiyohi wells, SESW 31-160-90, 
      • to be sited 404 FSL and 1393 / 1423 FWL;