Tuesday, January 24, 2012

Global Warming Hits Davos, Switzerland --

"....In the last 42 years, I have never seen so much snow....."

The rest is by paid subscription, but that says it all....

But most, if not all, of the story is here:
The snow is yards deep and continued to pile up Tuesday, despite a short afternoon respite. "In the last 42 years, I have never seen so much snow in Davos," the forum's founder, Klaus Schwab, tweeted on Sunday.
As I said earlier, in 2035, when I'm about 85 years old, they will be talking about a "new Ice Age" and Cher will be completing her umpteenth "Farewell Tour."

Ten (10) New Permits -- The Bakken, North Dakota, USA

Daily activity report, January 24, 2012 --

Operators: Petro-Hunt (4), Oasis (3), Hunt (2), XTO

Fields: Eagle Nest, North Fork, Crazy Man Creek, Parshall, Camp

Seven wells came off the confidential list; five were completed/fracked, reported elsewhere, including:
  • 17636, 1,731, Oasis, Helling Trust 11-15H, Mountrail
  • 20139, 1,122, MRO, Oren USA 31-6TFH, Mountrail
Four wells, previously on DRL status, reported IPs, none particularly remarkable.

Apple: Incredible Numbers

Update

Apple clearly ahead of XOM in market cap --- #1 now.

UP 6% today.


Original Post
Steve Jobs is smiling in iHeaven.

Crushes estimates.

37 million iPhones sold. The highest estimate I had seen was 30 million and that was raised in the last few days.

Apple computer sales up 60% in Asia.

Profit margins blow away estimates: 45%.

New York Times drools.

Stay stoked.

Peak Oil? What Peak Oil?

Link here to Oil and Gas Journal.

Increased production through 2035. I'll be about 84 years old.

By then, probably a lot of stories on a "new Ice Age." Cher will be doing one more "Final Tour."

More to follow.

Finally We Know Who Can Be Credited With The Fossil Fuel Gains -- It's Not Harold -- All About the Bakken

Updates

October 6, 2012: in the original post below I said I would cut and paste a bit of the story if I remembered; I finally got back to the story. Here's the lede:
President Barack Obama is taking credit for higher U.S. oil and gas production and lower imports, angering industry groups and Republicans who say he is working against domestic energy production. 
American energy will be a major theme of Obama’s State of the Union address to Congress tonight, Jay Carney, the White House spokesman, said in a briefing yesterday. In his first campaign ad this year, Obama boasts that U.S. dependence on foreign oil is below 50 percent for the first time in 13 years. 
Original Post
Who claims credit?

Click here to a Bloomberg article.

If I remember, I will cut and paste a bit of the story here in case the link breaks, but I want folks to guess who claims credit.

One hint: he piloted the lead helicopter that crashed into the compound when and where OBL was killed. His wife piloted the back-up helicopter, which took all commandos and prisoners back to safety after destroying the disabled helicopter.