Saturday, August 1, 2026

TACO -- Some Will Say -- Me? How Many Times Have We Seen This? August 1, 2026

Locator: 51303MIDEAST.
Pageviews: 71,709,502. 8:30 p.m. CT, August 1, 2026. 
Pageviews: 71,942,335. 3:50 a.m. CT, August 2, 2026. 

Updates

  • 4:06 p.m. 2 August 26: it's becoming clear that the most recent deal is very, very unlikely to hold. Reasons:
    • the Iranian government and the IGRC have both said that Iran did not agree to what Trump said in his Truth Social tweet; if true, and it likely is, Trump was snookered again, but had little choice after that phone call from Saudi Arabia
      • Iran says they are now negotiating with Iran to determine new routes
      • they are not negotiating with the Allies to give up control of the strait 
      • the big question: why did Iran invite Oman in? It bought time for Iran. 
    • it appears the new deal between Iran and Oman:
      • Iran will control who enters the Gulf; 
      • Oman will control who departs; 
    •  Iran will never negotiate the end of their control over the strait
    • this is the only chance Iran may ever have to defeat "the Great Satan." 
      • if that happens, the root cause: Trump's vacillating
      • if that happens, the immediate cause: lack of armaments, poor planning on Hegseth's part;
      • shared responsibility: Trump's opponents 

3:45 a.m. 2 August 26: overnight notes on x suggest that President Trump "caved" to Crown Prince MBS of Saudi Arabia to hold off on massive strikes. Those sources suggest that Saudi Arabia would have been the main target of Iran if the massive strikes had proceeded. If that is accurate, President Trump is a) being played by negotiators in the Mideast; and/or b) he is giving Iran yet another reprieve, again at the request of Saudi Arabia. Obviously, this time one assumes President Trump is keeping the blockade on Iran in place. This will be fascinating to watch, to see if the strait is completely opened without conditions. 

Original Post 

So, let's see how many attacks by the IRGC will the administration let go over the next 72 hours.

This does not seem to be a headline story over at The NYT.  Fox News is reporting it. Trump says we're "locked and loaded." At one time we were locked, loaded, and launched. I don't see any headlines over at The Washington Post either. 

We Need A Little Bit Of Tech, Today -- August 1, 2026

Locator: 51302ARCHIVES.
Pageviews: 71,723,196. 9:00 p.m. CT, August 1, 2026. 

Updates

August 2, 2026

Original Post  

Before we get to earnings season and tech, this was posted 1:27 p.m. CT (?) earlier today:

Earnings season and tech.

Anticipation, link here

MSFT, see below, link here


TSMC, link here:


CVX, link here, 2Q26 earnings highest ever:


 But XOM was a disappointment, link here:

Amazon, AMZNlink here:

Amazon's rule of 40 just hit an astounding 76, link here;



MSFT's gain, link here: has META jumped the shark? See above.

 Did Jim Cramer get sucked in by Situational Awareness, Citadel, and Griffin? Link here.

John Kerry's European energy crisis, link here.


The US consumer is very, very resilient 
and likes air-conditioned theaters in the middle of summer, link here:


Later: late Saturday evening, just hours after the above was posted:

New Wells Coming Off Confidential List This Next Week -- August 1, 2026

Locator: 51301B.
Pageviews: 71,186,512. 12:30 p.m. CT, August 1, 2026.

The wells:

  • 42167, conf, Slawson, Shad Rap Federal 3-2-3H, Big Bend, npd,
  • 42018, conf, Phoenix Operating, Gail Arnold 33-28-21 5H-ll, Skabo, 
DateOil RunsMCF Sold
5-202620
4-2026220
3-2026860
2-20262170
  • 42016, conf, Phoenix Operating, Gail Arnold 33-2-21 3H, Skabo, 
DateOil RunsMCF Sold
5-20267570
3-2026120
2-2026870
  • 41433, conf, Whiting, Jefferson Federal 5003 42-14 3B, Foreman Butte, 
DateOil RunsMCF Sold
5-20262568319805
4-20262570417708
3-20262586820138
2-2026119838009
  • 41432, conf, Whiting, Jefferson Federal 5003 42-14 2B, Foreman Butte, 
DateOil RunsMCF Sold
5-20262530519718
4-20262387216654
3-20262668920885
2-2026140369375
  • 42017, conf, Phoenix Operating, Gail Arnold 33-28-21 4H, Skabo, 
DateOil RunsMCF Sold
5-202671150
4-202674060
3-2026161240
2-202650530
  • 42015, conf, Phoenix Operating, Gail Arnold 33-28-21 1H, Skabo, 
ateOil RunsMCF Sold
5-202644210
4-202679710
3-2026162430
2-202651390

42014, conf, Phoenix Operating, Gail Arnold 33-28-21 1H, Skabo, 

DateOil RunsMCF Sold
5-2026192850
4-2026142370
3-2026208050
2-202675550
  • 42090, conf, Phoenix Operating, Big Stone 32-29-20 3H, Skabo, 
DateOil RunsMCF Sold
5-20262248712521
4-2026204659464
3-2026195090
2-202693420
  • 41434, conf, Whiting, Jefferson Federal 5003 42-14 4B, Foreman Butte, 
DateOil RunsMCF Sold
5-20262187516890
4-20262005314224
3-20262546519906
2-20261694111559
  • 42091, conf, Phoenix Operating, Big Stone 32-29-20 5H-LL, Skabo, 
DateOil RunsMCF Sold
5-20262432612958
4-2026192238533
3-2026159290
2-202677890
  • 41983, conf, Murfin Drilling, LC Rambousek 1-9H, St Anthony, 
DateOil RunsMCF Sold
6-202642972300
5-202651292844
4-202626071491
3-202642932485
2-202621861258
  • 41277, conf, Oasis, Stepanek 5201 13-18 4B, Elk, 
DateOil RunsMCF Sold
5-20261291112377
4-20262092918372
3-20262298618871
2-20261392611122
  • 41276, conf, Oasis, Stepanek 5201 13-18 3B, Elk, 
DateOil RunsMCF Sold
5-2026101129101
4-20262399019878
3-20261602512577
2-20261738316949
  • 42089, conf, Phoenix Operating, Big Stone 32-29-20 3H, Skabo, 
DateOil RunsMCF Sold
5-20261897712190
4-2026201799620
3-2026115790
2-202668290
  • 42088, conf, Phoenix Operating, Big Stone 32-29 2H, Skabo, 
DateOil RunsMCF Sold
5-20261897712190
4-2026201799620
3-2026115790
2-202668290
  • 42087, conf, Phoenix Operating, Big Stone 32-29-20 1H, Skabo, 
DateOil RunsMCF Sold
5-20261928311941
4-20262381511073
3-2026213110
2-202679410
  • 42078, conf, Silver Hill Energy Operating, K&L Hegstad South W 158-92-10-22-1MBHX, Cottonwood, 
DateOil RunsMCF Sold
6-2026114568933
5-20261790911528
4-20261779713039
3-20262106013180
2-2026173168615
  • 41275, conf, Oasis, Stepanek 5201 13-18 2B, Elk, 
DateOil RunsMCF Sold
5-202696468539
4-20262176118085
3-20262156617075
2-20261913311608
  • 42108, conf, Formentera Operations, Bull Mountain-31-18-DIV S617HF, Frazier, npd,
  • 42020, conf, Murfin Drilling, LC Rambousek 1-10H, St Anthony,
DateOil RunsMCF Sold
5-20262272417662
4-20262543917646
3-20262163817065
2-20262039113859
  • 41435, conf, Whiting, Jefferson Federal 5003 42-14 5B, Foreman Butte, 
DateOil RunsMCF Sold
5-20262272417662
4-20262543917646
3-20262163817065
2-20262039113859
  • 42107, conf, Formentera Operations, Bull Mountain-31-18-DIV S515HF, Frazier, npd,
  • 42106, conf, Formentera Operations, Bull Mountain-31-18-DIV S513HF, Frazier, npd,
  • 41698, conf, Hess, SC-Bingeman-154-98-0904H-8, Truax,
DateOil RunsMCF Sold
6-202697710
5-20261497545862
4-20262010154537
3-20262318848417
2-20262374846334
  • 41440, conf, Whiting, Jefferson Federal 5003 42-14 10BX, Foreman Butte, 
DateOil RunsMCF Sold
5-20262255917446
4-20262440918257
3-20262047115714
2-20262039914162
  • 42105, conf, Formentera Operations, Bull Mountain-31-18-DIV S611HF, Frazier, npd,