Climate alarmists never took a science course after eighth grade. Or a math course.
But look at this chart.
At that thread, someone wrote:
What a joke. There will be no new nuclear reactors in my investing lifetime which I forecast to be thirty years.
I haven't quite decided.
My Monday-through-Friday, "Back to the Bakken" is sacrosanct. Three items:
I am seriously considering adding a fourth link: The Far Side. Yes, as of 2020, Gary Larson has his own web page.
We'll see.
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The Sports Page
Why would anyone schedule a NASCAR race in Portland, OR? OMG. SMH. ROFL. LOL. LMAO. AYKM?
Everyone has his car covered, and everyone is under an umbrella. Everyone in the stands look as uncomfortable as "hell," trying too look cool with a craft beer and it's raining. Hey, it's Portland. But it looks like they have rain-tires on and the race will start on time, although I see "machinery" out there trying to get the track ready.
The first turn is a disaster.
On top of everything else, an incredibly narrow track.
Why, oh, why, NASCAR in Portland? LOL.
Noah Gragson: "The key is to keep the car on the racetrack." Okay.
FS1 for those wondering where it is airing / streaming.
Later: now that they've started, it looks like they're running about 50 mph over most of the course.
First six laps: boring.
Previously reported, but now The Bismarck Tribune is also reporting this:
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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.
From the "investors" tab, link here.
June 4, 2022: next week, stocks to watch --
From that same link:
Apple WWDC preview:
Apple (AAPL) will hold its Worlwide Developers Conference to expectations that updates to iOS/iPad OS, macOS, tvOS, and watchOS, and other software reveals will be made.
Ahead of WWDC, the company teased an update to the Swift open-source programming language.
Analysts think there is a chance of a "one more thing" hardware surprise, as well as a potential announcement of a NFL Sunday Ticket contract win.
Looking ahead, Wedbush Securities analyst Dan Ives believes the tech giant is gearing up to bid on a number of upcoming sports packages besides the NFL that are coming up for contract/renewals in future years.
Also of high interest, Morgan Stanley said there is the potential for Apple to tease its entrance into the mixed-reality headset market.
What does WWDC mean for Apple shares? Over the last 10 years Apple has underperformed the S&P 500 by a median of 100 bps in the week after the event, but outperformed the S&P by 70 bps in the one month following the event.
In reply to the post on the Ovintiv Rolfsrud well, a reader and regular correspondent sent me this note:
Just as a reminder, at current market prices, these Bakken wells are producing some serious revenue.
100,000 barrels of oil at $100 per gives gross revenue of ten million bucks.
Likewise, natgas at $5 per 1,000 cubic feet gives half a million bucks for each hundred million cubic feet.
That Ovintov Rolfsrud well today produced ~220,000 barrels of oil and ~730,000,000 cubic feet of gas in its first 8 months.
This would have produced over $25 million at $100/$5 WTI/HH.
If one uses an $8 million dollar cost to D&C a Bakken well, one can see just how financially worthwhile these wells have become.
Amongst other ramifications, the productive footprint for North Dakota wells - indeed, ALL the 'shale' plays - has been vastly expanded.