Venting -- Why Folks "No Longer" Watch Television -- Now It's OTT -- August 6, 2023

Locator: 45359TV.

The only thing I watch on "television"  -- serial, scheduled programming" -- any more: sports. That's it. 

I just got back from running an errand. I turned on the television at 2:40 p.m. local time to catch either a) NASCAR; or, b) PGA.

I clicked on NASCAR first. I had to sit through five minutes of commercials ... mostly for urologists .... and then when NASCAR appeared -- a weather delay. You have to be kidding.

So, I switched over to the PGA tournament. Same thing. Three minutes of commercials. Finally, golf. A no-name golfer. Then, another commercial. About ready to give up and then Hoffman sinks an albatross -- two strokes on the par -5 fifteenth hole.

So, perhaps it was worth it. But, still, how many minutes of commercials for twenty seconds of sports?

And networks wonder why folks are "done" with television.

Later, PGA: and now another weather delay with just a few holes left for the championship. I just don't have time for this. LOL. 

Later, NASCAR: so, I switch over to NASCAR ... oh, give me a break, in stage 2 thirty of 75 laps, they're just getting out of their cars, covering them with tarps, and getting the umbrellas out. As noted, I just don't have time for this. Over to Amazon.com to watch Good Omens. 

************************

Storage

I'm guilty.

In addition to personal storage now, I also have instructions to the executor on storing my "things" after I die. The estate will pay for the storage. Storage is way cheaper than a bigger house. 

By the way, one can use storage for a lot more than "storage." 

Link here.

*******************

The Dumbest Politician Award

The Dan Quale Award

This is really nasty and I shouldn't be doing this. 

About six months ago, SecEnergy said something so dumb, CNBC actually deleted the original video, re-wrote the story, and deleted any reference to her quote. I was going to post that but I missed it --- CNBC had already deleted it and re-posted a new video without the quote.

That was after a similarly dumb quote by Ms Granholm some months earlier.

Now this:

I may start a new series, to go along with the Darwin Awards and the Geico Rock Awards.

It would be nominations for the dumbest "active" US politician. "Active": currently holding some political office (elected or unelected) or "running" for some political office (such as Chris Christie). 

It would be the Dan Quale award. Or the Quale award for short. Though spelled differently than the bird, now that the "blue bird icon of twitter" is available -- perhaps that could represent the award.

Algore would be ineligible because, to the best of my knowledge, he is not currently holding any political office. 

My reply to the reader who sent me the graphic above: 

Clearly the dumbest US politician: Granholm. And she's got a lot of competition, starting with Kamala Harris.

Geico Rock Award Nominee -- George Skelton -- May 3, 2023

Locator: 44527G. 

Geico Rock Award nominee: George Skelton, link here.

Four Wells Coming Off The Confidential List -- WTI Sinks -- May 3, 2023

Locator: 44523B. 

ICYMI: Nordstrom is closing two stores in downtown San Francisco due to theft, safety issues. San Francisco Chronicle in a panic.

Anticipation: CRC.

Geico Rock Award nominee: George Skelton, link here.

Wow, I'm in a great mood. Short bike ride; gave me time to think. #1 on my list: tweak my investment new-money allotment for the next six months. Won't churn; won't sell anything, but will change allotment from 40-30-20-5-5 to 90-5-5- for next six months. 

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 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. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Investing. Most interesting stories right now, some of which I might cover in greater detail later but unlikely.

• Putin's War: both sides are now "deep" into body counts. That's always a bad sign, as the US learned in Vietnam.
• banking: how AAPL changed things overnight; 
• Schwab scrambling?
  
• EVs: multiple stories --
• Ford cuts the price of its electric Ford Mustang -- never a good sign
• Tesla: still no pickup?
  
• major surprises, or where I've been wrong
• BUD: this story has legs; very, very surprising; it's counterintuitive but the LGBQT community won this war
• Russian oil: I was 1000% sure that by now Russia's oil sector would be "on the ropes"; Russia's ability to produce oil, export oil, ship oi, deliver oil under these circumstances is stunning
• Saudi must be in a panic

 And, that's it. I guess that's all that fascinates me right now.

******************************
Back to the Bakken

Active rigs: 42.

WTI: $69.62.

Natural gas: $2.177.

Peter Zeihan newsletter.

Thursday, May 4, 2023: 8 for the month; 60 for the quarter, 315 for the year
38856, conf, Whiting, Littlefield 11-21-2HU,
36401, conf, WPX, Skunk Creek 4-24-26-16HU,
 
Wednesday, May 3, 2023: 6 for the month; 58 for the quarter, 313 for the year
39261, conf, Hunt, Cook 146-93-24-13H6,
39260, conf, Hunt, Cook 146-93-24-13H5,
36404, conf, WPX, Skunk Creek 4-244-25-13H3,
31211 (no typo), conf, BR, Gladstone 6-1-13MBH,

RBN Energy: why did propane production sag, and when is it coming back?

U.S. propane stocks are high, 33% over the 5-year average. Year-to-date propane exports are at a robust 1.6 MMb/d, well above the 1.4 MMb/d shipped out in 2022. Increasing propane production must be driving the growth in inventories and exports, right? Nay! Propane production is actually down, falling 9% from September 2022 to December, and even with meager growth this year is still 3% below the September high. So where are the propane export and inventory barrels coming from? And what does this mystery reveal about the trajectory of propane production over the next year or two? In today’s RBN blog, we do some sleuthing and come up with some answers.