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Sunday, April 19, 2026

US Natural Gas Hit Negative Numbers Last Week -- April 19, 2026

Locator: 50580NATGAS.

We're facing similar problems in the Bakken. A new Enbridge pipeline and a new natural gas power plant will be a big help. In Texas, they can't get those LDC-association natural gas plants built fast enough. 

Meanwhile, Pakistan is desperate for natural gas. Long-term contracts with Qatar didn't work out so well. Right now, Pakistan is one of the major, if not the major, international energy story.

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Back To The Bakken -- April 19, 2026

Locator: 50579B.

What excites Mesa about the Bakken? "Its efficiency." The little engine that could. 

Link here. 

From its webpage: 

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The Number Of Times The S&P 500 Has Closed At A New High Each Year Since 1900 -- April 19, 2026

Locator: 50578S&P.

Link here. 

Disclaimer: in a long note like this there will be typographic, content, and simple addition errors. 

From 2001 - 2012: zero times. Presidents during those year: Clinton, Bush II, Obama.
From 2000 - 2012: four times. Presidents during those year: Clinton, Bush II, Obama. 

1995: 75 -- the sole president was Bill Clinton

1995 - 1999: 243 -- the sole president during that period -- Bill Clinton.

2013 - 2021: 346 -- Obama, Trump, Biden inaugurated in January, 2021

2021: 70 -- Joe Biden
2024: 57 -- Joe Biden

2025: 39 -- Trump 

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The Fourth (Sixth) Industrial Revolution -- It's Not Steam, Railroads, Or Steel This Time Around -- It's Memory -- April 19, 2026

Locator: 50577AI.

The most frequent AI-related item on x these days seems to concern the "memory cycle." I only post a few of the many links I could.

Link here. I may start posting more. The two tickers that have me most excited right now?

  • TPUs: AVGO
  • memory: MU


My biggest concern in this arena (LDCs):

  • NIMBY
  • electricity

Fortunately it looks like Texas is the best positioned of them all. 

Broadcom:

**********************************
Disclaimer
Briefly

Briefly: 

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution. 
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom. Now, I've added Amazon.
  • Longer version here.   
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    NYC Devotes 40% Of The City Budget To Education -- Needs More -- April 19, 2026

    Locator: 50576NYC.

    Link here.  In the graphic below, "DOE" = department of education.

    It's a bit hard to read. The $33 billion in the lower left hand corner: pensions and debt service.  

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    Beth -- Broadcom -- April 19, 2026

    Locator: 50575AI.

    Link here.


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    Initial Production Of Wells Coming Off Confidential This Next Week -- April 19, 2026

    Locator: 50574WELLS.

    The wells: 

    • 42080, conf, XTO, GBU Hera 33X-7F, Grinnell, npd, 
    • 42079, conf, XTO, GBU Hera 33X-7A, Grinnell, npd,
    • 41734, conf, Hess, EN-Hilleren-157-94-1336H-2, Camp, Big Butte, 
    DateOil RunsMCF Sold
    2-20262112227532
    1-20263099536950
    12-20253911845503
    11-20254335041452
    10-20258781081
    • 41614, conf, BR, Sivertson 6I, Elidah, npd, 
    • 41360, conf, Devon Energy, Marvin 27-34 3H,  Camp, 
    DateOil RunsMCF Sold
    2-20261697229523
    1-20262815842885
    12-20253381742279
    11-20255214851147
    10-202584814723
    • 42081, conf, XTO, GBU Hera 33X-7B, Grinnell, npd,
    • 41861, conf, Devon Energy, Finn 13-25F 3H, Briar Creek, 
    DateOil RunsMCF Sold
    2-20262305918838
    1-2026107519980
    12-20252263719104
    11-20254441420062
    10-202570492446
    • 42185, conf, BR, Omlid 7-8-7 MBH, Elidah, npd, 
    • 42110, conf, Prima Exploration, Gummy Bear 1H, Smoky Butte, npd,
    • 42082, conf, XTO, GBU Hera 33X-7G, Grinnell, npd,
    • 41482, conf, Devon Energy, Barbara 31-30F 7H, 
    • 41319, conf, Hunt Oil, Shell 153-89-17-6H-1, Parshall, 
    DateOil RunsMCF Sold
    2-2026197257641
    1-20262670610595
    12-2025319069829
    11-2025314419552
    10-20253714998
    • 40571, conf, Hess, EN-Hilleren-157-94-1336H-1, Big Butte, 
    DateOil RunsMCF Sold
    2-20262640131440
    1-20263023037270
    12-20254507453343
    11-20255590154870
    10-202528111892
    • 42111, conf, Prima Exploration, Gummy Bear 2H, Smoky Butte, npd, 
    • 42084, conf, XTO, GBU Hera 33X-7H, Grinnell, npd,
    • 42083, conf, XTO, GBU Hera 33X-7D, Grinnell, npd,
    • 41098, conf, Enerplus, Hamilton 146-97-35-26-4H-WLL, Little Knife, 
    DateOil RunsMCF Sold
    2-20262034324563
    1-20262626026367
    12-20251847818722
    11-20252504224347
    10-202549703786
    • 42085, conf, XTO, GBU Hera 33X-7C, Grinnell, npd,
    • 41097, conf, Enerplus, Lind 145-97-2-11-6H, Little Knife, npd, 
    • 41096, conf, Enerplus, Lind 145-97-2-11-5H, Little Knife, npd, 
    • 42184, conf, BR, Omlid 6-8-7 MBH, Elidah, npd, 
    • 41862, conf, Devon Energy, Finn 13-25F 4H, Briar Creek, 
    DateOil RunsMCF Sold
    2-202649034461
    1-202681557322
    12-20252200319540
    11-20253805214995
    10-2025199673897
    • 41362, conf, Devon Enegy, Marvin 27-34 5H, Camp, 
    DateOil RunsMCF Sold
    2-20261482929628
    1-20262999242990
    12-20253526344788
    11-20254131646834
    10-2025138684571
    • 41361, conf, Devon Energy, Marvin 27-34 4H, Camp, 
    DateOil RunsMCF Sold
    2-20262034127252
    1-20261472818535
    12-20253491742285
    11-20252920124308
    10-2025237494937
    • 41095, conf, Enerplus, Lind 145-97-2-11-4H, Little Knife, 
    DateOil RunsMCF Sold
    2-20261845218672
    1-20262473822967
    12-20251733316164
    11-20252807125770
    10-202557753984
    • 41094, conf, Enerplus, Lind 145-97-2-11-3H, Little Knife, 
    DateOil RunsMCF Sold
    2-20261760619002
    1-20262202520855
    12-20251687515990
    11-20253022826616
    10-202560504293
    • 41093, conf, Enerplus, Lind 145-97-2-11-2H-WLL, Little Knife, 
    DateOil RunsMCF Sold
    2-20261809716472
    1-20261885417664
    12-20251542514386
    11-20252553423636
    10-202578855966
    • 41388, conf, Hess, BW-Barbara Ann-LE-149-100-1705H-1, Ellsworth, 
    DateOil RunsMCF Sold
    2-20261960733246
    1-20261393420870
    12-20253205555712
    11-20254186067295
    10-202566955936
    • 41792, conf, XTO, GBU Apollo Federal 14X-12D-N, Grinnell, npd,
    • 41791, conf, XTO, GBU Apollo 14X-12D-S, Grinnell, npd,
    • 41380, conf, Enerplus, Hamilton 146-97-35-26-8H-ELL, Little Knife, 
    DateOil RunsMCF Sold
    2-20261756022855
    1-20262208123743
    12-20252827329069
    11-20251601213884
    10-2025131489493
    • 41103, conf, Enerplus, Hamilton 146-97-35-26-7H, Little Knife, 
    DateOil RunsMCF Sold
    2-20262258526148
    1-20263018129883
    12-20252160521149
    11-20253167231521
    10-2025102467855
    • 41102, conf, Enerplus, Hamilton 146-97-35-26-6H, Little Knife, 
    DateOil RunsMCF Sold
    2-20261858621855
    1-20262478223725
    12-20251939316775
    11-20252807825757
    10-202589435807
    • 41101, conf, Enerplus, Hamilton 146-97-35-26-5H, Little Knife, 
    DateOil RunsMCF Sold
    2-20261579617325
    1-20262586725520
    12-20251796117237
    11-20252542823968
    10-2025112758386
    • 40793, conf, Hess, GO-Seaton-156-98-0607H-3, Wheelock, 
    DateOil RunsMCF Sold
    2-20261937525135
    1-20261193012781
    12-2025829410704
    11-20253424944156
    10-20251234812501
    • 41790, conf, XTO, GBU Apollo 14X-12G-S, Grinnell, npd,
    • 41789, conf, XTO, GBU Apollo 14X-12H-S, Grinnell, npd,
    • 42183, conf, BR, Omlid 5-8-7 TFH, Elidah, npd, 
    • 41875, conf, Phoenix Operating, Nystuen 20-17-8-5 5H, Big Stone, 
    DateOil RunsMCF Sold
    2-20261448812060
    1-20261427510842
    12-20252436719368
    11-20252817821943
    10-202544540
    • 41874, conf, Phoenix Operating, Nystuen 20-17-8-5- 4H, Big Stone, 
    DateOil RunsMCF Sold
    2-20263278531491
    1-20262225117567
    12-20252882823222
    11-20252971423616
    10-202545820
    • 41873, conf, Phoenix Operating, Nystuen 20-17-8-5 2H, Big Stone, 
    DateOil RunsMCF Sold
    2-20261990818861
    1-20262600119342
    12-20253131324679
    11-20253056923422
    10-202541970
    • 41872, conf, Phoenix Operating, Nystuen 20-17-8-5 1H, Big Stone, 
    DateOil RunsMCF Sold
    2-20263173430062
    1-20262533318031
    12-20253274625468
    11-20252976722485
    10-202536890
    • 41788, conf, XTO, GBU Apollo Federal 14X-12H-N,, Grinnell, npd,
    • 41786, conf, Phoenix Operating, Nystuen 20-17-8-5 3H, Big Stone, 
    DateOil RunsMCF Sold
    2-20263039929460
    1-20262549518277
    12-20253060823937
    11-20253094423491
    10-202544200
    • 41733, conf, Hess, EN-Binger-157-94-1201H-4, Big Butte, 
    DateOil RunsMCF Sold
    2-20261255115879
    1-2026968610091
    12-20251312112661
    11-20251796717024
    10-2025677013438
    • 41389, conf, Hess, BW-Sharen Lynor-E-149-100-2032H-1, Ellsworth, 
    DateOil RunsMCF Sold
    2-20261676029367
    1-20261084919940
    12-20252223637079
    11-20253198360525
    10-2025110149284
    • 41320, conf, Hunt Oil, Shell 153-89-17-7H-1, Parshall, 
    DateOil RunsMCF Sold
    2-2026177648642
    1-2026220739383
    12-2025259377820
    11-2025320749715
    10-202586112632
    • 41787, conf, XTO, GBU Apollo Federal 14X-12C-N, Grinnell, npd,
    • 41732, conf, Hess, EN-Binger-157-94-1201H-5, Big Butte, 
    DateOil RunsMCF Sold
    2-20261326317751
    1-2026983211266
    12-20251057611998
    11-20251664616288
    10-2025626810435

    41441, conf, Hess, GO-Seaton-156-98-0607H-4, Wheelock, 

    DateOil RunsMCF Sold
    2-20261512816811
    1-20261522118168
    12-202553435215
    11-20251905219764
    10-2025697916824
    • 41442, conf, Hess, GO-Seaton-156-98-0607H-5, Wheelock, 
    DateOil RunsMCF Sold
    2-20261360714688
    1-20261455315985
    12-20251291913678
    11-20251299912445
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    Wells Coming Off Confidential List This Next Week -- April 19, 2026

    Locator: 50573WELLS.

    Wednesday, April 29, 2026: 100 for the month, 100 for the quarter, 257 for the year, 
    42080, conf, XTO, GBU Hera 33X-7F, 
    42079, conf, XTO, GBU Hera 33X-7A,
    41734, conf, Hess, EN-Hilleren-157-94-1336H-2, 
    41614, conf, BR, Sivertson 6I, 
    41360, conf, Devon Energy, Marvin 27-34 3H, 

    Tuesday, April 28, 2026: 95 for the month, 95 for the quarter, 252 for the year, 
    42081, conf, XTO, GBU Hera 33X-7B, 
    41861, conf, Devon Energy, Finn 13-25F 3H, 

    Monday, April 27, 2026: 93 for the month, 93 for the quarter, 250 for the year,
    42185, conf, BR, Omlid 7-8-7 MBH, 
    42110, conf, Prima Exploration, Gummy Bear 1H, 
    42082, conf, XTO, GBU Hera 33X-7G, 
    41482, conf, Devon Energy, Barbara 31-30F 7H, 
    41319, conf, Hunt Oil, Shell 153-89-17-6H-1, 
    40571, conf, Hess, EN-Hilleren-157-94-1336H-1, 

    Sunday, April 26, 2026: 87 for the month, 87 for the quarter, 244 for the year,
    42111, conf, Prima Exploration, Gummy Bear 2H, 
    42084, conf, GBU Hera 33X-7H, 
    42083, conf, XTO, GBU Hera 33X-7D, 
    41098, conf, Enerplus, Hamilton 146-97-35-26-4H-WLL, 

    Saturday, April 25, 2026: 83 for the month, 83 for the quarter, 240 for the year,  
    42085, conf, XTO, GBU Hera 33X-7C, 
    41097, conf, Enerplus, Lind 145-97-2-11-6H, 
    41096, conf, Enerplus, Lind 145-97-2-11-5H, 

    Friday, April 24, 2026: 80 for the month, 80 for the quarter, 237 for the year,
    42184, conf, BR, Omlid 6-8-7 MBH, 
    41862, conf, Devon Energy, Finn 13-25F 4H, 
    41362, conf, Devon Enegy, Marvin 27-34 5H, 
    41361, conf, Devon Energy, Marvin 27-34 4H, 
    41095, conf, Enerplus, Lind 145-97-2-11-4H, 
    41094, conf, Enerplus, Lind 145-97-2-11-3H, 
    41093, conf, Enerplus, Lind 145-97-2-11-2H-WLL,

    Thursday, April 23, 2026: 73 for the month, 73 for the quarter, 230 for the year, 
    41388, conf, Hess, BW-Barbara Ann-LE-149-100-1705H-1, 
    41793, conf, XTO, GBU Apollo Federal 14X-12D-N,  

    Wednesday, April 22, 2026: 71 for the month, 71 for the quarter, 228 for the year,
    41791, conf, XTO, GBU Apollo 14X-12D-S, 
    41380, conf, Enerplus, Hamilton 146-97-35-26-8H-ELL, 
    41103, conf, Enerplus, Hamilton 146-97-35-26-7H, 
    41102, conf, Enerplus, Hamilton 146-97-35-26-6H, 
    41101, conf, Enerplus, Hamilton 146-97-35-26-5H, 
    40793, conf, Hess, GO-Seaton-156-98-0607H-3, 

    Tuesday, April 21, 2026: 65 for the month, 65 for the quarter, 222 for the year,
    41790, conf, XTO, GBU Apollo 14X-12G-S
    41789, conf, XTO, GBU Apollo 14X-12H-S, 

    Monday, April 20, 2026: 63 for the month, 63 for the quarter, 220 for the year,
    42183, conf, BR, Omlid 5-8-7 TFH, 
    41875, conf, Phoenix Operating, Nystuen 20-17-8-5 5H, 
    41874, conf, Phoenix Operating, Nystuen 20-17-8-5- 4H, 
    41873, conf, Phoenix Operating, Nystuen 20-17-8-5 2H, 
    41872, conf, Phoenix Operating, Nystuen 20-17-8-5 1H, 
    41788, conf, XTO, GBU Apollo Federal 14X-12H-N, 
    41786, conf, Phoenix Operating, Nystuen 20-17-8-5 3H, 
    41733, conf, Hess, EN-Binger-157-94-1201H-4, 
    41389, conf, Hess, BW-Sharen Lynor-E-149-100-2032H-1, 
    41320, conf, Hunt Oil, Shell 153-89-17-7H-1, 

    Sunday, April 19, 2026: 53 for the month, 53 for the quarter, 210 for the year,
    41787, conf, XTO, GBU Apollo Federal 14X-12C-N,
    41732, conf, Hess, EN-Binger-157-94-1201H-5, 
    41441, conf, Hess, GO-Seaton-156-98-0607H-4, 

    Saturday, April 18, 2026: 50 for the month, 50 for the quarter, 207 for the year,
    41442, conf, Hess, GO-Seato-156-98-0607H-5, 

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