SpaceX Update -- January 13, 2025

Locator: 44680MUSK.

Breaking: there are now rumors that Elon Musk could "buy" TikTok. Think about that for a minute. By the way, all that talk about X's problems? X is stronger than ever.  Meta? Watch out Mark.

Breaking: this is also a most amazing video ever -- released by the source himself.

Rumor: China's EV boom may break down in 2025. If so .... truly the year the music died.

SpaceX.

At some point, this story simply gets too big to ignore. 

Elon Musk launched 21 Starlink satellites this morning.

I watched this launch and booster recovery live this morning -- it was one of the most amazing things I've ever seen. And for SpaceX it's becoming routine.

********************
The Book Page 

I mentioned this book the other day. It arrived today. Harlem: The Making of a Ghetto, Negro New York, 1890 - 1930, second edition, Gilbert Osofsky, first copyright, 1963; most recent copyright, 1996. 

 Gilbert Osofsky: died at age 39, August 31, 1974, NY Times obituary here.

I've just started reading the book. Incredible. Lots of statistics in the first chapter. Hoping to see a lot of commentary / analysis from Mr Osofsky.

Enerplus Wiith Six New Permits -- January 13, 2025

Locator: 44678B.

Southern California fires: I now have a pretty good idea of what happened in Pacific Palisades. It now makes complete sense. A few i's to dot and a few t's to cross but the dots are now all connected. Now that I have it figured out, my blogging on this disaster will pretty much come to an end. I may update periodically, but I'm pretty much done with this story.

***********************************
Back to the Bakken

WTI: $78.67. $78 is closer to $100 than to $40.

Active rigs: 33.

Six new permits, #41505 - #41510 inclusive:

• Operator: Enerplus
• Field: Heart Butte (Dunn County)
• Comments:
• Enerplus has permits for six wells on the Bowling pad, SWSE 20-149-92; the wells are: Sleeper, Pin, Chef, Split, Duckpin, and Trophy, 
• to be sited 653 FSL and 1333 / 1508 FEL. Five of the six wells will be 1280-acre spacing (17/20-149-92) and the sixth will be 4-section spacing: 16/17/20/21-149-92.

One permit was canceled:

• 39766: WPX, Sarah Yellow Wolf 22-27HZ (see this page for WPX permits recently canceled).

One producing well (a DUC) reported as completed:

• 37939, 117, BR, Boxer 4A MBH, McKenzie.

Investing Opportunities -- January 13, 2025

Locator: 44678LNG.

Link here.

That Third Of Three Reservoirs? Empty Since 2009 Or 2010 -- January 13, 2025

Locator: 44677FIRES.

For those more interested in the Bakken, one can do the same thing for that area as described below.

Pacific Palisades fire.

That third of three reservoirs?

Hasn't had water in it since 2009 or 2010. Hard to say exactly when it last had water.

Click on google earth. 

Search: Santa Ynez Reservoir, Pacific Palisades (cut and paste).

At top of page, click on "icon" for timeline.

Then simply go year-by-year, or every six months.

If. you zoom in, you can see Homer Simpson in the parking lot. 

Needs to be fact-checked. Perhaps they fill it for a few weeks during fire season every year, and the satellite simply didn't catch the filled reservoir, though prior to 2009 many images of a filled reservoir.

Focus On Dividends -- EPD Raises Its Dividend -- January 13, 2025

Locator: 44676DIV.

Link here. 

Recent investors earning over 6.5%; long-term EPD investors earning a whole lot more.