The Million Dollar Way (The Bakken Oil Blog)

Friday, February 3, 2023

ISONE -- Burning Oil -- February 3, 2023

Link here. I don't recall it ever being this bad ...

Jobs, Part 2 -- February 3, 2023

ISO NE, link here:

ISONY, link here:

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Jobs

The story of the day.

Link here.

Link here

Why folks are going back to work.

Coffee:

Starbucks: "probably under $10 for a cup of coffee
K-Cup: 27 cents
at home, the old fashioned way: 15 cents.

Gold, link here:

Wind, link here:

Biden knew this all the time, made the right decision, link here.

Of course it strayed:

took photos of Flathead Lake, MT
had been programmed to fly over Minot AFB and Grand Forks AFB
this is not rocket science; it's a balloon that got away

Jobs Report: Say What? February 3, 2023

Jobs: link here --

Stunning: their word, not mine --

Too good to be true: their words, not mine --

JPow: say what? After historic miss yesterday, today --

The market doesn't care: Dow just turned green. A lot can happen between now (rate increase yesterday) and March (next opportunity for another rate increase. At 4.5% now, another 25 bp is a rounding error.

AAPL: say what?

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Back to the Bakken

Active rigs: 45.

Peter Zeihan: Russia update.

WTI: $77.15.

Natural gas: $2.370.

Sunday, February 5, 2023:
39120, conf, Crescent Point, CPEUSC Szarka 5-36-25-159N-100W-MBH-LL,

Saturday, February 4, 2023:
39072, conf, Crescent Point, CPEUSC Samples 3-35-26-158N-100W-MBH,
39033, conf, CLR, Rhonda 12-28HSL1,
38167, conf, Hess, BB-Budahn A-150-95-0506H-9,

Friday, February 3, 2023:
39073, conf, Crescent Point, CPEUSC Samples 2-35-26-159N-100W-MBH,
38582, conf, Whiting, Connor TTT 11-26-1H,

RBN Energy: "electrofuels" could play a role in decarbonizing transportation.

Flight Radar -- Over Montana -- February 3, 2023

If you get bored tonight, go to Flight Radar and track the military aircraft over Montana. Earlier there were three such aircraft. Right now, tracking a KC-135 (refueling tanker) and a Boeing P-8A.

Note: bombers taking off from Ellsworth AFB, SD, have their transponders turned off; won't be tracked on Flight Radar.