Wednesday, March 18, 2026

How "It” Works -- March 18, 2026

Locator: 50258HAL.

See this page

The AI prompt

Machine language, AI. It's all based on patterns. When replying to something, does a chatbot keep re-checking the patterns in its response as it replies?

The AI reply

Based on this reply, I've re-named the "AI" page linked above to "HAL." 

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New Subscription

The Free Press.  

$100 / year. 

Once the subscription begins / check clears, I will be linking the site. 

This is the story / link that sold me on the new subscription. Link here

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The Atlantic May Have Gotten One Story Right

LOL.

Link here

Micron Earnings -- Includes A 30% Increase In Its Quarterly Dividend -- March 18, 2026

Locator: 50257MICRON.

ExpectationsInvestopedia.  

Results: key words in headlines -- "blowout"; "obliterates"; "almost triples"; "demand soars"; "surging AI demand."

Tell us again that this is a bubble.

From MarketWatch: link here.

Key results vs expectations:


With a 30-year horizon, a buying opportunity? The stock drops 4% after hours.
 
P/E = 43.  

Three New Permits; One Permit Renewed: One DUC Reported As Completed -- March 18, 2026

Locator: 50256B.

EPIC FURY: it's easy to see who / which countries are getting a "free ride." Canada leads the list.  

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Back to the Bakken

WTI: $96.32.

Active rigs: 26.

Three new permits, #42774 - #42776, inclusive:

  • Operator: Silver Hill Energy
  • Field: Stoneview, Burke County
  • Comments:
    • Stoneview has permits for three Hol Te E permits, SWSE 31-161-94, 
      • to be sited 557 FSL and 2030 / 2100 FEL. 

One permit renewed:

  • 41154, conf, Ragnar Exploration, Akston 1-35H, Norwegian Creek, Billings.

One producing well (a DUC) was reported as completed:

  • 41314, 814, Whiting, Dobias 5203 44-32 4B, Glass Bluff, McKenzie County,

EPIC FURY -- March 18, 2026

Locator: 50255EPICFURY.

Two international organizations that have lost all / most of their value:

  • UN
  • NATO 

NATO: Trump says he can "withdraw" from the UN. Some say he can't. It depends on the definition of "withdraw." Bill Clinton would see the double entendre even if Hillary missed it.

  • Consider this prompt: US legal NATO requirements. Does Congress spell out how many troops the US must assign in each NATO country? In other words, a lot of latitude. 

Excursion EPIC FURY is tracked here.  

This is day 19.

If you've lost the bubble of Excursion EPIC FURY this might be a good day to catch up.

In the past nineteen days there have been three epic 24-hour periods.

Day 1.

Day 8. 

Day 18. Yesterday/overnight. 

Ras Laffan: major developments. Although early reports are just coming in, this is likely going to be a tipping point in the war. See Ras Laffan below.

Widening offensive: first-ever strikes in new area of Iran -- northern Iran

Two under-reported stories:

  • US sourcing more sophisticated drones from Ukraine to use in Operation EPIC FURY.
  • Israel pushing farther into southern Lebanon to take on Hezbollah. 

Coming: the four-week anniversary -- day 28 -- March 27, 2026. March 27, 2026 will be a Saturday. 

  • Israel sees this as a most important date. 

Of note: we've not heard from / seen "the Supreme Leader." Until proven wrong, I am certain he is in Moscow.  

Behind the scenes, Trump's coalition is building, not diminishing. Mainstream media is missing this story. There are three coalitions:

  • the US-Israeli coalition;
  • the GCC - US coalition; and,
  • the traditional US - British / European coalition. 

Qatar: has just expelled Iranian diplomats with 24-hour deadline as tensions mount. Qatar is not going to be safe haven for Iranian refugees. 

Everyone has their sources to follow the war. Mine:

  • The WSJ
  • Fox News.  
  • CENTCOM.  

Ras (cape) Laffan: think of Ras (cape) Laffan as Houston / Baytown / Galveston on steroids, but emphasis on natural gas -- 93% of its output is natural gas vs less than 7% oil. Accounts for 20% of global natural gas consumption. 

Travel Day -- March 18, 2026

Locator: 50254TEXAS.

Destination:

Reading materialWhy Machines Learn? The Elegant Math Behind Modern AI,  Anil Ananthaswamy, c. 2024 / 2025. Link here.

Sophia, Port Aransas, Texas, spring break. 

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