Intel: clearly the most exciting tech story right now -- the Elon Musk-Intel partnership announcement. Link here. Intel is tracked here. We'll come back to this story in a stand-alone post later. This is really, really huge and it's only becoming clearer how huge it is as the story sinks in.
XOM vs CVX: somewhere out there today there's an investing article asking which is better, CVX or XOM as a dividend stock. Bottom line: it doesn't matter: one might as well have one or the other in their portfolio -- or both.
Amgen: nothing really going on here. I just saw it in the news. Brought back great memories of my dad and his investing skills. How and why he bought CSCO, AMGN, AAPL when he did still amazes me. We'll have a stand-alone on AMGN later if I remember.
************************************ Back to the Bakken
WTI: well that dip didn't last long. Today, in pre-market trading, WTI is up a whopping $5.01, up 5.31%. Whoo-hoo. It will be fascinating to see how Trump responds to the faux-opening. Right now, a country on the edge of rushing toward the Stone Age has bragging rights to controlling the strait. That's how ineffective the GCC has become. WTI: at the moment, just under $100, again.
New wells reporting:
Friday, April 10, 2026: 26 for the month, 26 for the quarter, 183 for the year,
42181, conf, BR, Abercrombie 2-12UTFH,
40821, conf, Hunt Oil, Oakland 154-89-29-32H 1
40820, conf, Hunt Oil, Oakland 154-89-19-18H 3,
40635, conf, Hunt Oil, Oakland 154-89-32-5H-1,
Thursday, April 9, 2026: 22 for the month, 22 for the quarter, 179 for the year,
RBN Energy: analyst update on Corpus Christi LNG export flow. Short report available with free account at this link.
RBN Energy: wow, wow, wow -- the best song in a long time -- "Eyes of the Ranger." Whoo-hoo. Link here. How the Iran War reshapes global gas and LNG this year and beyond. This will be good one -- compared RBN Energy analysis with my own thoughts. Published by Lisa Shidler and Lindsay Schneider. The archived link. Again, the link to the early release.
U.S.
LNG has been on the fast track as new export capacity along the Texas
and Louisiana Gulf Coast draws in increasing volumes of U.S. natural
gas. But the impact of that unprecedented buildout has only intensified
over the past several weeks as U.S. and Israeli forces launched surprise
airstrikes in Iran, triggering retaliation that disrupted traffic
through the Strait of Hormuz and knocked out key parts of Qatar’s LNG
infrastructure. In today’s RBN blog, we’ll discuss how the conflict with
Iran could impact the U.S. gas and LNG market in the short, medium and
long term.
Today’s blog is a recap of our March 26 webcast, Invasion U.S.A. – U.S. LNG Update and Impacts of the War in Iran, available to our Backstage Pass, Arrow Model and LNG Voyager subscribers. The title of the webcast riffs on the 1985 action film Invasion U.S.A.,
which starred Chuck Norris as a one‑man wrecking crew fighting off a
surprise assault on American soil. Predictably, the movie is a bit
campy, but it fits the larger-than-life aura that Norris came to embody.
Whereas we dove into the specifics around the war and LNG in the
webcast, here we’ll outline the top issues.
To begin
to understand the importance of the conflict in Iran on LNG markets,
first note that the world’s largest gas field lies in the Persian Gulf
between Qatar and Iran. Iran claims the northern part (green-shaded area
to upper-right of dashed yellow line in Figure 1 below), which they
call South Pars, while Qatar controls the southern part (green-shaded
area to lower-left of dashed yellow line), called the North Dome. (The
naming is kind of upside-down, if you ask us.)
Figure 1. The South Pars and North Dome Natural Gas Field. Source: RBN
