Wind -- Octopus -- Update -- July 25, 2023

Locator: 45196WIND.  

See this post from yesterday for background.

July 25, 2023: hope springs eternal.

• link here;

TC Energy To Sell 40% Of Its Assets -- Rigzone -- July 25, 2023

Locator: 45195PIPELINES. 

From yesterday:

I think that this may be one of the biggest, most under-reported stories of the year.

Can you imagine selling 40% of yours to "cover" a huge disappointment? 

Now, from Rigzone via X today:

Tech: Update -- July 25, 2023

Locator: 45194TECH. Tag: NVDA.

Tech:

Link here.

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TSM:

Link here.

• TSM delays Arizona facility due to lack of skilled workers in US;
• "pivots" to old standby -- Taiwan

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And, Of Course

Chips, semiconductor: link here.

• Home page for tech: link here.
• The cloud: link here.  
• Streaming: link here. Streaming wars.

This slide continues to haunt me:

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Brief Disclaimer

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.  

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Update On Refinery Shut-In -- July 25, 2023

Locator: 45193B.

Updates

Later, 4:48 p.m. CDT: link here -- 

Refinery shut in: link here.

• theme: SPR matters not; the US choke-point is refinery capacity, not the SPR --
• "everyone" talks about under-investment in oil exploration and production in the US
• how about all that investing in new US refineries over the last forty years?
  
• XOM's Baton Rouge facility

Original Post

Locator: 45191B.

Gasoline, the price: all of a sudden, a number of stories on sudden rise in price of gasoline.

Of course, again, most stories, tweets, x-notes without analysis.

Let's start here:

• RBOB futures hit new 2023 high
• worries about
• XOM Baton Rouge refinery downtime
• Monroe Energy turnaround in September
• also, corroborates my argument that the "choke point" in US gasoline affordability is not the SPR, but rather the US capacity to refine oil.

 

Russia Foreign Exchange Reserves -- July 25, 2023

Locator: 45194RUSSIA.

Link here.