Politics -- The Presidential Primaries Have Begun -- August 23, 2023

Locator: 45473POLITICS. 

FOX NEWS:

There are eleven headline stories over at FOX NEWS. All day, nothing on the Georgia Ten.

Finally, one of the stories addresses the Georgia Ten -- and it's all about a mugshot of Rudy Giuliani. That's it: a story of the mugshot. 

The lead story: details about trips Joe Biden took with Hunter Biden back in .... 2010? 

Not one story about the Georgia Ten --- except as noted for the mugshot.  

MSNBC ratings will surge.

 

TRICARE -- The Military Medical / Health Insurance Program Has Really Stepped Up Its Game -- August 23, 2023

Locator: 45472TRICARE.

Link here.

This is really, really amazing. Medicare will not cover health care costs if not approved by FDA and/or other government agencies -- there are exceptions.

However, "we" all know that there are a lot of medications, diagnostic, and therapeutic procedures that are beneficial and due to the FDA glacial bureaucracy have simply not approve them. The retired general officers managing Tricare know this and have taken the bull by the horns. 

See above.

I am very, very impressed. 

For those over retired military 65+, Medicare is "first" payer, and then Tricare covers that which Medicare does not pay. The co-pays are practically zero and the one-year deductible is inconsequential. The premiums for both are pricey but those premiums are paid out of benefits so beneficiaries don't actually have to write a check in most cases.

For active duty military and their spouses, of course, Tricare covers "everything."

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Coverage, Billing, Payments

Absolutely 100% transparent and 100% "seamless."

And that's a fact, Jack. 

Status Of US Gasoline In Storage, Days Of Supply, Current Demand, And Refiners' Activity -- August 23, 2023

Locator: 45471B.

Gasoline prices are at "recent"highs.

The Biden administration is "monitoring" this. What concerns them most?

Gasoline demand and status, link here, three charts:

Refiners, weekly EIA petroleum report:

• refiners are operating at 94.5% of their capacity; pedal to the metal

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Commentary

The Biden administration says they are monitoring the three graphics above. What are they monitoring? What are they worried about?

I'm thinking back to August 17, 2017, to September 3, 2017.

Active Rigs Down To 33 During Prime Drilling Season -- August 3, 2023

Locator: 45470B. 

 Gasoline demand and status, link here, three charts:

Weekly EIA petroleum report:

• US crude oil in supply: decreased by another fairly respectable 6.1 million bbls of oil; now at 433.5 million bbls, US commercial inventories are 2% below the five-year average;
• imports: yawn, but 6.3% more than the same four-week period last; we need the right kind of oil for refineries to work optimally
• refiners are operating at 94.5% of their capacity; pedal to the metal
• distillate fuel inventories -- little change week over week -- are 16% below the five-year average, going into harvesting season;
• jet fuel supplied was up 5.6% compared with the same four-week period last year;

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Back to the Bakken

Active rigs: 33.

WTI: $78.89.

One new permit, #39036, a SWD:

• Operator: Grayson Mill
• Williams County

One producing well (a DUC) reported as completed:

• 39448, 280, Petro-Hunt, Steen 16-20HN, Divide County;

NVDA Vs BRK-B -- Five Years -- August 23, 2023

Locator: 45469INV.

From Yahoo!Finance, five year, BRK-B vs NVDA:

From the blog, earlier, 10-year return, posted several time over the past year, a ten-year return of select stocks:

This slide continues to haunt me.

This is going to be a race among three:

• NVDA
• AMD
• ?

Later, this pops up:

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.