Am I Missing Something? And The First Nominee For The 2013 Geico Rock Award Is ...

The Dickinson Press is reporting: "Forty years later, we are still as dependent — if not more so — on foreign oil." -- Harvey Brock, opinion, the publisher of The Dickinson Press.

Regular readers might want to send Mr Brock this link at Carpe Diem: five charts that help put "Saudi America's" shale revolution into perspective. And that's just crude oil. Natural gas is an even more remarkable story. [Update: one might also look at the data and graph at item #4 in a more recent CarpeDiem post: For the last three weeks in a row, US crude oil production exceeded oil imports (see chart below). The last time that happened was in February 1995, more than 18 years ago. As US oil production continues to accelerate, the market for oil imports will continue to shrink.]

Wow. The first nominee for the 2013 the Geico Rock Award....

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... And The Geico Rock Award Goes To ...

... Devon Shire over at SeekingAlpha who observed the day before the Director's Cut came out that Bakken oil production was decreasing.

In fact, North Dakota oil production surged 6.4% month-over-month, perhaps the best monthly increase in two years. In fact, it's a bigger story than most folks realize.

Right, wrong, or indifferent, Devon probably should have waited one day before posting, to see what the July figures would be.

Sometimes it's all about timing.

But at least he/she has the Geico Rock Award on his/her mantel.