Another Texas Natural Gas Pipeline -- November 21, 2025

Locator: 49774EPD.

Link here. 

Ticker EPD:

Note: OKE is down 40% for the year; down 13% over the last six months.

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The Book Page

The notes for this book at this site. 

Book for the weekend. Just arrived. Amazon. Published 2023. 

Author's bio. Something tells me this will be a history of Palo Alto of which few are aware. LOL. 

The author appears to be a bit farther to the left than Nancy Pelosi, and a bit crazier than Hunter S Thompson. This should be fun! 

And Some Still Call It A Bubble -- November 21, 2025

Locator: 49773BUBBLE.

Tag: AMD, Intel, INTC 

Beth, link here, AMD outpaces Intel chip sales:

Wall Street Engine, link here.

• Moore's Law: every two years;
• Google's Law: every six months.

Trillion-dollar club:

• Alphabet (GOOG) just surpassed MSFT as the world's third largest company (market valley).

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So, What's Going On Here?

Link here. 

First of all, it's genuine. 

Trump simply likes winners. And he likes a mensch. And Mamdani is both.

Two New Permits; One Permit Renewed; Four DUCs Reported As Completed; Some Monster Wells Being Reported; Halo Effect Noted -- November 21, 2025

Locator: 49774B. 

WTI: $58.06.

Active rigs: 28.

Two new permits, #42504 and #42504:

• Operator: Oasis
• Field: Heart Butte (Dunn County)
• Comments:
• Oasis has permits for two MHA pike 4991 wells, SWSW 4-149-91, 
• to be sited 340 / 366 FSL and 838 / 858 FWL.

One permit renewed:

• 20119, XTO, GBU Janice 31X-2F, Grinnell, Williams County;

Four producing wells (DUCs) reported as completed:

• 40734, 1,235, Kraken, Steen 13-24 6H, McKenzie County;
• 40735, 1,313, Kraken, Steen 13-24 5H, McKenzie County;
• 41421, 815, EOG, Liberty LR 131-3633H, Mountrail County;
• 42422, 1,049, EOG, Liberty LR 73-3633H, Mountrail County;
• wells of interest:
• 19919, 1,648/IA, EOG, Liberty LR 21-36H, Van Hook, t7/11; cum 3/25;  
• 18828, 1.066/A, EOG, Liberty LR 16-36H, Van Hook, t2/11; cum 474K 9/25; just came back on line after being off-line since 6/25; 

To the north of the two EOG Liberty wells above, please note the chronologic number of these wells; we discussed nomenclature of EOG wells years (decades?) ago:

• 40340, A/drl, EOG, Liberty LR 74-2629H, Parshall, first few months of production:

BAKKEN	2-2025	28	19835	19875	23423	13557	13413	144
BAKKEN	1-2025	31	23958	23879	31962	17781	17608	173
BAKKEN	12-2024	31	27585	27560	38732	20094	19897	197
BAKKEN	11-2024	29	31548	31657	48105	23326	23105	221
BAKKEN	10-2024	29	49392	49171	54109	28112	27904	208
BAKKEN	9-2024	30	29403	29257	69614	21741	21437	300

 

• 40342, A/drl, EOG, Liberty LR 134-2629H, Parshall, first four months of production:

BAKKEN	1-2025	31	21690	21646	35915	16657	16493	164
BAKKEN	12-2024	31	27608	27591	44092	21120	20914	206
BAKKEN	11-2024	30	32719	32633	56170	23885	23643	242
BAKKEN	10-2024	30	24393	24418	75973	28713	28414	299
BAKKEN	9-2024	30	41473	41267	101276	34245	33929	312

 Jump in production, to the north:

• 20255, 892, EOG, Liberty LR 15-26H, Parshall, t4/12; cum 457K 9/25;

Alison Ritter's Quick Connects -- November 21, 2025

Locator: 49773B. 

Quick connects:

• Hennen: North Dakota's energy has worked hard, and the luck is lining up -- InForum

• North Dakota coal industry prepares to seize opportunity for growth -- North Dakota Monitor

• Utility regulators to consider state's first-ever battery storage sites -- North Dakota Monitor

• Tesla sues North Dakota car dealership law after DOT blocks applications -- Dickinson Press

• Preliminary findings show fatigue crack caused Keystone Pipeline spill in North Dakota -- Bismarck Tribune

• North Dakota utilities praise federal coal changes but still 'all-of-the-above' on energy -- Bismarck Tribune

• Bridger Pipeline to acquire 210 miles of Caliber Midstream assets in Williston Basin -- Pipeline & Gas Journal

• From AI data centers to natural gas, summit explores North Dakota energy scene -- Dickinson Press

• BLM announces oil and gas lease sale for January; to include 20 parcels across Montana, ND -- KX News

• Driving an EV across North Dakota? Thank the Standing Rock Tribe for their chargers. -- New York Times

• Viral oilfield artist from Oklahoma made a special visit to North Dakota; lands 'Landman' cameo -- KX News

• North Dakota regulators open route permit hearings for controversial JETx power line -- Bismarck Tribune

• Billions of Legacy Fund dollars shielded from public disclosure, considered confidential -- Grand Forks Herald

• Gov. issues executive order establishing Interagency Council on Homelessness -- Office of the Governor

• Change means North Dakotans may see unclaimed property checks in mailboxes -- North Dakota Monitor

• Tough turkey Ruben belligerently gobbles his way through annual pardoning ceremony -- Dickinson Press

• Ethics Commissioner does not have the support to keep serving, governor argues -- North Dakota Monitor

• ND250 Commission awards five community grants totaling $48,199 for 250th celebration -- Minot Daily News

• Stark County approves $13.9M general fund budget for 2026; $1.8M increase over 2025 -- Dickinson Press

• Popular Magical Medora Christmas tour is coming to Watford City December 3 -- McKenzie County Farmer

• Assistant Chief of Operations Corey Johnson appointed interim fire chief for Williston -- Supertalk1270

• New lodging development The Ranch brings visitors closer to Bully Pulpit Golf Course -- Dickinson Press

• Pantry helps fill shutdown gap; shelves are stocked thanks to state funds, local donations -- The Journal

• Employee bonuses, pay adjustment, hiring new officer top Tioga Commission agenda -- Williston Herald

• Dickinson approves rezone request in southwest Dickinson despite community opposition -- Dickinson Press

• District 6 GOP party censures legislator over vote during 2025 legislative assembly -- Minot Daily News

• Child care looks to innovate in North Dakota; increased collaboration could ease issues -- Dickinson Press

• North Dakota ballot measure being drafted that would require the state to pay for school meals -- WZFG

• We must strengthen and protect North Dakota's public schools during American Education Week -- InForum

• Increasing freshmen enrollment highlights growth at North Dakota colleges and universities -- KFYR-TV

• Williston State College receives $20,000 grant from TC Energy's Build Strong program -- Williston Herald

• NDSU president shares what he's most proud of as he prepares to leave for Iowa State -- Dickinson Press

• Divide seeks boost for math scores; administrators reviewing possible curriculum updates -- The Journal

• Lt. Governor, North Dakota lawmakers learn about unique education model at Williston Schools -- KFYR-TV

• US Department of Education announces restructuring, will not impact North Dakota schools -- KX News

• Dickinson State, Williston State presidents discuss 4 year business degree offerings in Williston -- KFYR-TV

• Board of Regents mandates 'climate' curricula as NY kids still struggle with math and reading -- NY Post

• EPA proposes narrowed new rules for WOTUS protected the under Clean Water Act -- North Dakota Monitor

• US oil and gas drilling activity has continued to decline even as production reaches record highs -- Reuters

• Coal is in a fight for its life and industry supporters better step up. Passivity does not work. -- Coal Zoom

• Interior finalizes rule to open up about half of National Petroleum Reserve-Alaska to drilling -- E&E News

• Big Oil companies are still reporting robust profits despite prices being below recent highs -- Yahoo Finance

• Trump is leading the charge to address the nation's alarming mineral import reliance -- RealClearEnergy

• A trend break? EIA sees jump in Alaska oil production in 2026, the first in nearly a decade -- Oil Price

• Global oil demand jumped in September by 1.8M bpd from a year earlier, 1.4M bpd over August -- Oil Price

• US Department of Energy closes on $1B loan to restart nuclear reactor at Three Mile Island -- E&E News

• EPA cutting the legs out from under US oil and gas competitiveness in int'l markets -- RealClearEnergy

• Dark money network that's funding climate lawsuits against energy faces IRS scrutiny -- Energy in Depth

• Unelected UN bureaucrats are threatening global economic growth with carbon tax push -- Daily Caller

• Five harsh energy realities are shattering the religious "climate change" orthodoxy -- American Greatness

CAT: Becoming A Mini-Energy Company! November 21, 2025

Locator: 49772CAT.

Tag: AMD, Intel, INTC 

Beth, link here, AMD outpaces Intel chip sales:

Wall Street Engine, link here:

Trillion-dollar clubs:

• Alphabet (GOOG) just surpassed MSFT as the world's third largest company (market valley):
• Lily (pharmaceutical) just joined the trillion-dollar club today ($1.01 trillion). 
• AAPL up almost $6 today; still just barely in the four- trillion-dollar club at $4.01 trillion. 

Travel: last week we were told this would be one of the slowest Thanksgiving days ever for air travel. Today, we now being told the airlines anticipate the biggest air travel day in 15 years. In 15 years. And, of course, this is not just a guess. The reservations have already been made and the airlines have to have that data. 

Investing: I "live and breathe" investing. I don't know much about finances and how to invest, but I love mom-and-pop retail investing. Mostly for what one learns.

Today, I learned that CAT is becoming a mini-energy company. CAT has committed to 2.4 GW of energy for AI.

Ticker CAT: 

From AI:

And then get this, Liberty Energy, North America's second largest hydraulic fracturing company, is also becoming a mini-energy company. Truly amazing. Link to Chris Wright. Link to Liberty Energy. Liberty Energy has committed to providing 1.0 GW of energy for AI.