Friday, August 3, 2012

External Links (Sidebar To the Right) -- New URL for BakkenOil.org --> Bakkenzone.com

I wish I could do justice to all the great Bakken-related sites that are out there. I link them, of course, when I find them, but there are so many links on the sidebar at the right, it's probably not easy for any specific link to stand out. But, "it is what it is."

Near the bottom of the sidebar are some links to external sites. One site has a new URL:
With regard to the website on the Bakken at BakkenOil.org that you've linked to on your Million Dollar Way blog: the site was recently moved to http://www.bakkenzone.com. The site is essentially the same, just on a new domain.
If I didn't make any mistakes, the new URL should now be seen, and the link, hopefully works.

By the way, I haven't visited most of those external sites in a long time. If any of the external links are no longer valid, or if they are broken, please let me know.

Oil Company Will "Donate" $60 Million for Public Education

Use whatever word you want, but at the end of the day, Bonanza Creek Energy will "provide" $60 million over five years to help pay for public education. Link here.
Bonanza Creek Energy Inc. has agreed to pay nearly $60 million over five years to lease 5,600 acres of oil and gas rights in Colorado's Weld County. The money will help pay for public education in Colorado. Bonanza Creek has been active in the Greater Wattenberg field for over a decade and has drilled more than 250 wells in the region.
Something tells me the faux environmentalists will let this one pass.  [Based on their past history, maybe I should not assume such.]

This is but one example; there are examples all over the country of Big Oil and little oil financing public education. 

Now, From the Same Folks That Brought "You Didn't Build That," Comes: the Real Rate is 8.254%

I can't make this stuff up.
"The household survey showed that the unemployment rate ticked up to 8.3% in July (or, more precisely, the rate rose from 8.217% in June to 8.254% in July)," wrote Krueger, chairman of the Council of Economic Advisers.
Precisely. 

Hubris

Last time I looked, Nexen was a Canadian company.

Another word: chutzpah.

In case the link is broken:
Rep. Ed Markey (D-Mass.) has joined Sen. Charles E. Schumer (D-N.Y.) in calling for the United States to issue a conditional block CNOOC's proposed acquisition of Canada-based Nexen, The Wall Street Journal reported Monday.

Markey said that Nexen has drilled for oil in the U.S. without paying royalties and that, if the merger proceeded, would result in a "massive transfer of wealth" to China at the expense of the American taxpayer, the Wall Street Journal reported.
I assume CNBC interviewed Chuck with regard to this. Wow, I'm glad I haven't watched television in several weeks now. Stories like this make me happy to see Congress go on vacation for five weeks. Wow, five weeks vacation. If only.

Wow, Wow, Wow -- SandRidge Beats Estimates by Several Hundred Percent; Raises Guidance

Link here. Earnings updates for "all" companies are linked at the sidebar at the right.

Estimates: one penny.

Actual: seven cents.

Beat estimates by 7x. I guess.

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read at this site. I do not own any shares in SD, and don't plan to trade in SD in the near future.