Locator: 46919EVS.
This only perpetuates the perception that EVs are a play thing for the well-off, that they are luxury vehicles for the rich subsidized by losers (as defined by Trump). And, of course, the richest man in the world only drives Teslas. LOL.
I have little enthusiasm for such headlines.
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Furball
Get ready for the furball of the century pitting CVX against XOM and / or CNOOC for Hess’ stake in Guyana’s giant oil field.
Locator: 46918MOON.
Since the first US manned lunar landing in 1969, not one US manned lander landed on its side.
2024 - 1969: 55 years. The first American lunar (unmanned) lander, in 55 years, landed on its site and will transmit data for less than 72 (?) hours.
We've come a long way in 55 years.
What was Joe Biden doing in 1969?
Now, Biden's most recent "achievement"? Putting LNG export facilities on "pause" because someone convinced him coal is cleaner than the natural gas these end users would have burned instead. I can't make this stuff up. Meanwhile, Qatar is using the opportunity to overtake the US again in LNG export. And reliability.
Back to "Putting LNG export facilities on "pause" because someone convinced him coal is cleaner than the natural gas these end users would have burned instead." Exhibit A:
Locator: 46917B.
DFW: record temp today, 94°. Normal high is 63° for February 26. Previous record high 90°. Record high forecast again for tomorrow.
Medical school, link here. I wonder if folks see the most interesting "thing" about this announcement:
Let's do the math.
- assume tuition = $100,000 / year
- 400 students across all four classes: $100,000 / yr / student x 400 students = $40 million / year
- $1 billion x 0.04 = $40 million / year
But that's not the most interesting data point. There's yet another interesting data point. Remember, a one-time donation of $1 billion will cover "free tuition in perpetuity for all medical students" at this medical school.
And if folks don't see the most interesting data point, it speaks volumes about "money knowledge" of Americans.
CVX - Hess: the deal is not dead and there's much, much more to be sorted out and potentially re-negotiated, but the leaves in my St Patrick tea cup suggest this deal is dead. This will be a huge story tomorrow with stories everywhere and links not necessary. For some investors, this is not necessarily a bad-news story. One word: furball.
Shutdown: I thought we were past this but apparently not. "Biden calls leaders to White House as shutdown looms." -- Barron's. Deadline: Friday, March 1, 2024. To paraphrase Ronald Reagan, "here we go again."
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Back to the Bakken
WTI: $77.62.
Active rigs: 38.
Two new permits, #40543 and #40544:
The Wayzetta wells are tracked here, but have not been updated in a long time.
Existing, producing well in that section:
One of the two new permits, the other one will be on the same pad and same drilling unit:
Locator: 46916CANCER.
This might be the best link from Radiology, published February 9, 2021. Very, very concerning.
The data years: The authors conducted a retrospective analysis of (a) female breast cancer mortality rates from NCHS data for 1969–2017 for all...
Results:
The chart at the top of the page at this link has an anomalous data point, undated (?) but most recent data is through calendar year 2020 which suggests same data base as the Radiology link above.
If I'm reading the chart correctly:
An observation: for all the billions spent on research, the observed death rate in the past ten years, 2009 - 2019, not encouraging. Yes, the drop from 22.2 to 19.4 looks great statistically but to the individual patient, no change in observed death rate in the past ten years
Comment: like everything else in human endeavor, I assume there's a lot of "group think" in research labs around the world. One wonders if some out-of-the-box thinking might be indicated. And perhaps there has been; I certainly don't know. I don't follow breast cancer except for occasionally looking at the statistics. But these statistics are depressing. Maybe I'm being too negative.
Comment: we won't know until 2024 or 2025 but the statistics will be very, very interesting for the calendar years 2020 and 2021 when Covid interrupted outpatient visits when early diagnosis might have been made and for many cancer therapy might have been interrupted. Again, the best study, the Radiology study covered breast cancer data from 1969 to 2017, well before 2021 - 2023.
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Prostate Cancer
Again, typographical errors and content errors likely. If this is important to you, go to the source.
Locator: 46915MARKET.
WTI: $77.76. Up. $1.27; up 1.66%.
Unity Software (U): sometimes one just gets lucky. There were a lot of folks recommending U this past year, and I almost put a sizeable amount in this company as an investment. But I only had "room" for five or six tech companies and U did not make the cut. Wow, U is a mess. It recently announced a 25% cut in its workforce, almost unheard of in the tech sector. And it appears no one knows what is going on.
For those who still think Nvidia is a bubble:
And Micron:
Financials hit two-year high.
Tech and EVs:
