Monday, February 6, 2023

iPad Meets Etch-A-Sketch -- February 6, 2023

I'm spending the week in Portland, OR, visiting our 3-year-old grandsons.

Portland gets a lot of bad press. One can't "judge" a city in the northern tier of the United States during the winter, so I won't.

I visit Portland not less than two times a year. So far, I've been here three times in eight months. 

Many years ago when we first moved to the Dallas / Ft Worth area, I was struck by the number of huge -- and I mean huge -- churches in the area. I arrived ahead of my wife and I knew she would be put-off by these huge churches, which to her represents the "southern Bible Belt" (which it does) and a very, very conservative mindset (which it does) and for her, a racist ideology (don't know, but she's very insightful and very, very well-read).  

Six months after living in the Dallas / Ft Worth area, I no longer noticed the churches. They are still there, but they are so much part of the environment they disappear into the trees, McMansions, and quarter-mile wide intersections.

I thought of that when driving through Portland yesterday -- not sightseeing but running errands -- when my daughter pointed out the changing character of a homeless encampment by which we passed. She said at one time it one of the larger homeless camps in the area. It's still huge, of course, but had she not pointed it out, I would not have noticed. It simply blended into the east Portland purlieus. Seriously. 

Downtown

I took the Blue Line into downtown Portland, yesterday and then again today. There is now security on the entire line -- something I had never seen before. It was my impression there were almost no unsavory riders on the train, but it could simply be due to the blustery, rainy whether. Those folks, I assume, are hunkered down in their tents.

Speaking of which, the tents -- at least in the outlying areas -- have gotten a lot nicer. Run a few extension cords for space heaters, or better yet, put in a few diesel generators and the rent would go way up. LOL.

By the way, if one wants to move some of the more undesirable camps from certain locations downtown, it could easily be managed:

  • find large open fields, or better yet, abandoned warehouses, at least one half-mile but not more than two miles from the MAX (light rail); in the big scheme of things, the homeless population is now that huge that it can't be made more humane;
  • install a diesel generator or two, donated by the local power utilities;
  • install trailer-home hook-ups for electricity, donated by EV charging companies (as a condition for operating in the city);
  • placement of Port-a-Potties, donated by Waste Management and construction companies (again, as a condition ...)
  • one hot meal a day, provided by any number of go-good operations already up-and-running in the city;
  • amenities: a weekly traveling library; free wi-fi; a 24-hour coffee / snacks kiosk / with postal services (yes, it could be done); I've lived in military tent cities at the end of the world;
  • provide security with time and services donated by the police unions who are always looking for ways to boost their stature in the community;
  • and, then, the coup de grace, budget miscellaneous expenses and pay for them with federal grant money raised by quadrupling the tax on "share buybacks." 

Folks might scoff at the "diesel generator" angle, but I've spent time in African nations in which entire towns "ran off" a single generator, or larger cities, used multiple generators as back-up emergency power.

I won't listen to any "pushback" until the naysayer has read Lady Almina and the Real Downton Abbey at least twice. 

Wow, once you start "managing" the problem, everything starts to work:

  • public health: needle exchange; condoms; HIV medication; immunizations; TB (tuberculosis) testing;
  • social work: the entire service network;
  • EVs golf carts to transport residents to public transportation;
  • the homeless get pre-paid passes on public transportation, paid for by car companies. 

Powell's Books:

  • most incredible bookstore in the world, some might argue; I wouldn't disagree;
  • I was most impressed by the fact that no homeless folks are camped out there; don't know why; didn't ask;
  • the store was not particularly busy but it was 10:00 a.m. on a blustery, drizzly morning in the middle of winter;
  • I was most disappointed with the coffee shop; I had planned to buy my books and then hang out there all day;
  • the coffee shop has been completely renovated since I was last there more than three years ago;
  • the coffee shop in Powell's Books was incredibly welcoming; one of the nicer coffee shops I had / have seen in quite some time;
  • there were no customers in the coffee shop -- none, nada, zilch
    • then I looked at the menu:
    • coffee: $3.50 / cup -- no selection of coffees; they probably had a selection, I simply didn't see the selection if it existed;
    • they offered about eight food items; six were ex-ed out with black grease market; one sandwich for $8.95 was offered;
  • I did not go in.
  • literally around the corner, a Starbucks with a 4.3-star rating on Google maps; a Starbucks a bit farther away had a 3.8-star rating.

Starbucks Coffee

  • surprise, surprise. One of the nicer Starbucks I've been in and because downtown is "empty" during the winter in Portland, I practically had the place to myself. It could easily seat 32 folks with 6-foot Covid-19 spacing -- I mean this place was cavernous ...
  • coffee and a bacon-egg-cheese sandwich, heated -- cost me less than $9.00.
  • this will be both breakfast and lunch;
  • c'mon man: find a less expensive breakfast and lunch in a downtown US city over 100,000 in population -- and I get rewards.

I quit looking at my rewards over a year ago when Starbucks changed their reward program -- but two weeks ago, a barista in north Texas pointed out I had 155 points -- enough points to get me through the next six weeks of winter forecast by P. Phil (link here for those who can't spell his name either).

  • music for keeping Portland weird in this Starbucks: 60's rock. Are you kidding me?
  • speaking of which, did you all hear who "won" Song of the Year" earlier this week at the 65th Annual Grammy Awards. LOL. Made my day. How old is she, Bonnie? 73 years old. She was stunned, she mouthed "I don't believe it" when the award was announced. Lives in Burbank, CA. This is like living in Southlake, TX.
  • those nominated who did not win need to ask for a recount; but I know what happened -- the other four split the 75% of voters who did not vote for Ms Raitt. What a riot! 

Name the two of the following who have won a Grammy: Snoop Dogg, Jennifer Lopze, Diana Ross. 

**************************
iPad Meets Etch-A-Sketch

Link here.

I saw my grandsons using these and curious to see if Amazon had them. Went to Amazon and put in search ipad etch a sketch and the following popped up.

Some entrepreneur literally took a very small amount of software already written, and a generic "pencil" (low tech plastic stylus: a dime a dozen) and a thin piece of plastic (slightly higher tech, a dime a dozen) with a very, very tiny battery, and selling these (made in China) for $12 for a two-pack.

They will be three years old soon.



Monday Morning -- February 6, 2023

Active rigs: 44.

Peter Zeihan newsletter.

WTI: $73.21.

Natural gas: $2.415.

Tuesday, February 7, 2023: 18 for the month; 88 for the quarter, 88 for the year
None.

Monday, February 6, 2023: 18 for the month; 88 for the quarter, 88 for the year
39063, conf, KODA Resources, Bock 3211-1BH,
39011, conf, CLR, Rhonda 5-28,
38166, conf, Hess, BB-Budahn A-150-95-0403H-12,
31770, conf, BR, Ivan 5-1-2UTFH,
31769, conf, BR, Ivan 4-1-29MBH,
31768, conf, BR, Ivan 3-1-29UTFH,
31767, conf, BR, Ivan 2-1-29MBH,

Sunday, February 5, 2023: 12 for the month; 82 for the quarter, 82 for the year
39120, conf, Crescent Point, CPEUSC Szarka 5-36-25-159N-100W-MBH-LL,

Saturday, February 4, 2023: 11 for the month; 81 for the quarter, 81 for the year
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,

RBN Energy: for refiners, are there viable alternatives to HFF alkylation? Part 3. Archived.

Refineries with hydrofluoric acid alkylation units account for about 40% of total U.S. refining capacity. Many in the refining sector are concerned that an Environmental Protection Agency (EPA) proposal to compel refineries to conduct exacting studies of newer, alternative alkylation technologies could be leveraged to discourage and effectively ban HF alkylation, and as a result, potentially lead to more refinery closures. The U.S. already has lost more than 1.3 MMb/d of refining capacity since 2019 — losses that exacerbated the run-up in motor fuel prices through the first half of last year — and the specter of another round of refinery closures on the horizon looms large. In today’s RBN blog, we consider the challenges that refineries with HF “alky” units might face if they were required to replace them.

Sunday, February 5, 2023

Five More States No Longer Tax Military Retirement -- February 5, 2023

Link here.

Add to the "no-tax" list:

  • Arizona
  • Utah
  • Indiana
  • Nebraska
  • North Carolina

Previously on the "no-tax" list:

  • Alabama, Connecticut, Hawaii, Illinois, Iowa, Kansas, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Missouri, New York, North Dakota, Ohio, Pennsylvania, West Virginia and Wisconsin.

Only partially tax military retirement:

  • Colorado, Delaware, Georgia, Idaho, Kentucky, Maryland, New Jersey, Oklahoma, Oregon and South Carolina.

Don't tax any income:

  • Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming

Number of states that don't tax military pensions:  

18 + 8 + 5 = 31

Partially: 10

No tax relief for military pensions in DC and nine states:

  • Arizona
  • New Mexico
  • Illinois
  • Rhode Island
  • Vermont
  • New Hampshire
  • Mississippi
  • Arkansas
  • Montana

Needs to be fact-checked.

Frack Data For The Four Recently Fracked CLR Whitman Wells -- February 5, 2023

Production data for the four wells at this post

From the file reports for these four wells:

  • 38497: 39 stages; 236,939 bbls; 9.95 million gallons;
  • 38496: 39 stages; 189,562 bbls; 7.96million gallons;
  • 38495: 31 stages; 231,018 bbls; 9.7 million gallons;
  • 38494: 33 stages; 213,874 bbls; 8.98 million gallons;

The well:

  • 38495, drl/A, CLR, Whitman FIU 8-34H, Oakdale, t--; cum 201K 12/22; 

From the well file:

  • IP: 2,210;
  • Frack: 31 (sic) stages; 231,018 bbls of fluid, 9.7 million gallons;
  • API: 33-025-04322

FracFocus:

  • 5/15/23 - 5/28/2
  • 9.7 million gallons
  • 87.3% fresh water by mass
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-202231376803774899494808347643142
BAKKEN11-2022304418144178130495712356293559
BAKKEN10-20223162740626671717280771805239
BAKKEN9-2022305607155903212096343663125311
BAKKEN8-20220000000
BAKKEN7-20220000000
BAKKEN6-2022121211415173501735

Four CLR Whitman FIU Wells Completed, Producing, And Now Reporting -- February 5, 2023

CLR Whitman wells are tracked here.

I probably won't post all the links that circle back to CLR / Oakdale / Whitman -- way too many, but if you want, type in 38494 Oakdale Whitman or simply Oakdale Whitman in the search box in the upper left hand corner.

I've touched on these four wells but they are now completed:

  • 38497, drl/A, CLR, Whitman FIU10-34H, Oakdale, t--; cum 82K 12/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-202215904291054105121471196636
BAKKEN11-202230189181890286632461824107240
BAKKEN10-20223123261232561018232581323394
BAKKEN9-2022292809528011148063119931046153
BAKKEN8-202212172170000
BAKKEN7-20227223022304119310931
BAKKEN6-20227002028000
  • 38496, drl/A, CLR, Whitman FIU 9-34H2, Oakdale, t--; cum 94K 12/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-202231195351955510155199651960958
BAKKEN11-2022302004020019112832108920614204
BAKKEN10-20223123564235671434228645284043
BAKKEN9-2022303092030827266923406033893167
BAKKEN8-20220000000
BAKKEN7-20220000000
BAKKEN6-2022216616612333320332
  • 38495, drl/A, CLR, Whitman FIU 8-34H, Oakdale, t--; cum 201K 12/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-202231376803774899494808347643142
BAKKEN11-2022304418144178130495712356293559
BAKKEN10-20223162740626671717280771805239
BAKKEN9-2022305607155903212096343663125311
BAKKEN8-20220000000
BAKKEN7-20220000000
BAKKEN6-2022121211415173501735
  • 38494, drl/A, CLR, Whitman FIU 7-34H1, Oakdale, t--; cum 172K 12/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2022313863238704126274471944289132
BAKKEN11-2022304578845706163365017749417489
BAKKEN10-20223144649446082570140619403774
BAKKEN9-2022304335243222257174915548914241
BAKKEN8-20220000000
BAKKEN7-20220000000
BAKKEN6-20222001307237702377