Thursday, June 8, 2023

Dashboards — May, 2023

Locator: 44882B. 

EIA dashboards:

Three consecutive months, Bakken is the only one with "up" arrows. And both arrows are "up."

Two Decades Waiting For WTI To "Break Out" -- June 8, 2023

Locator: 44881WTI.
Locator: 44881MKT.

The Great Reset: March, 2023.

Despite being in / being near a recession. Link here. 

If you don't feel we're in a bull market, it might be because you're overweight in oil. 


Oil: "utilities" or "cigarette companies" -- 

  • either way, lousy investments going forward;
  • do not take that out of context; 
  • will still generate huge returns for pros and nimble traders, but for amateur investors, other areas much more exciting 
  • phasedown inevitable; 
  • re-arranging chairs on the Titanic

WTI-Brent -- Bringing The Price Of Brent Down -- June 8, 2023

Locator: 44880WTI.

Link here.

Red Bull, Taurine, And Live To Be A 150 Years Old -- June 8, 2023

Locator: 44879HEALTH. 


Link here. 

Red Bull is a brand of energy drinks created and owned by the Austrian company Red Bull GmbH. With a market share of 43%, it is the most popular energy drink brand as of 2020, and the third most valuable soft drink brand behind Coca-Cola and Pepsi.

Since its launch in 1987, more than 100 billion cans of Red Bull have been sold worldwide, including over 11.5 billion in 2022. 

Link here. 

“Our quest was to identify which molecules change with age,” said Yadav. “What we found was that many molecules decreased in abundance with age but there was one that went down dramatically.”

That was taurine. Levels of the amino acid in the blood were 80% lower in elderly people than in younger people, Yadav and his colleagues found. They theorized that declining levels of taurine could drive aging—and that boosting taurine in the body could slow the process.

Yadav and collaborators around the world probed how different taurine levels affected yeast, worms, mice, monkeys and people. Taurine appeared to affect the health or lifespan of all the organisms except for yeast, Yadav said. Yeast was the only organism tested that doesn’t produce taurine, he said.

Taurine has been used clinically in Japan to treat congestive heart failure, and some athletic supplements and energy drinks including Red Bull contain taurine. Meat and seafood are high in taurine, too.

And to think this all started with Bud.

Jamestown, ND: Wind Farms, Hydrogen, And Fertilizer -- June 8, 2023

Locator: 44878WIND.  

Proposed (sent to me by a reader, thank you very much).

New wind farm proposed:

  • $400 million
  • 285 wind turbines
  • NextEra Energy Resources' North Dakota III wind farm
  • Stutsman, LaMoure counties -- Jamestown area
  • would power a clean hydrogen facility in North Dakota (link here);

This is important:

  • EVs are a stop-gap / interim measure;
  • the real future is hydrogen for long haul transportation: trucking, railroad, airlines

Also, a fertilizer plant, link here:

A fertilizer plant could be built in the Spiritwood area after the North Dakota Legislature approved a $125 million loan earmarked for the project if it is constructed in the state, according to local state legislators.

NextEra Energy Resources is interested in building a fertilizer plant in the Spiritwood area.