Locator: 48191RETIRING.
Tiger to miss the cut at The Open in Scotland. "A disastrous British Open at 14-over."
Meanwhile, Biden trails in the state currently most likely to decide the election -- Pennsylvania. Link here.
Biden family and Biden spokesmen all tell us this story is false. Link here. The story, from NBC News.
Locator: 48190AAPL
CNBC anchor early this morning solved his problem: set aside his "Microsoft" computer with that blue screen of death and got himself an Apple laptop.
Amazon can get most folks an Apple laptop in a couple of hours.
How bad was the outage (which is still ongoing, by the way, late Friday morning)? I think much worse that folks realize. I put in an order at Schwab at the open and it has not yet been filled (12:18 p.m. EDT). It was a "market trade, day only." My hunch: the trade has been "lost."
Locator: 48189BIDEN.
"Everybody" agrees Biden will bow out. It's hard to accept the opinion this won't happen this weekend.
One would think Biden would want to make the announcement himself, from the Oval Office. Can he make that announcement from the Oval Office while self-isolating due to positive Covid test? Having said that, one’s dealing with Joe, Jill, Hunter, and a few inner circle supporters who have much to lose. It’s very Joe won’t go quietly into the night.
Where's Kamala Harris in all this? I've never seen a VP so quiet. No interviews scheduled with any of the major networks?
Locator: 48188B.
Tag: ERCOT
WTI: $82.47.
Sunday, July 21, 2024: 36 for the month; 36 for the quarter, 362 for the year
39966, conf, Petroshale, Primus 1MBH,
Saturday, July 20, 2024: 35 for the month; 35 for the quarter, 361 for the year
40256, conf, CLR, Chase 3-18H,
RBN Energy: Texas Energy Fund seeks to speed development of new gas-fired power plants. Link here.
Power generation is one of the leading consumers of natural gas in Texas — every month last year, generators in the state used between 4 Bcf/d and 8 Bcf/d, on average, with the volumes peaking (as you would expect) in August, when air conditioning and a friend with a pool are must-haves. But as we’ve seen, the Texas power grid is often stressed to its limit, and the state has been taking steps to significantly increase the gas-fired generating capacity available for peak-demand periods in both the hottest and coldest months. In today’s RBN blog, we discuss one of the state’s boldest steps yet: the creation of a multibillion-dollar fund to support the development of thousands of megawatts of new gas-fired generation.
Electric power has been on a lot of Texans’ minds lately, especially if you live and work in the parts of the state hit hard by Hurricane Beryl earlier this month. We can’t explain why it took so long for many of you — and quite a few RBN staffers — to be reconnected to the grid. But today we can speak to the broader issue of what you might call “generation-capacity sufficiency” or, to put it in layman’s terms, will there be enough power plants to keep the lights on?
Locator: 48187AAPL.
CNBC Microsoft-user has now switched to a Mac laptop (7:06 a.m CDT, July 19, 2024). His counterparts still unable to access their computers. Wow.
Personal investing: Sophia will be adding new money today to buy more AAPL. Scratch that. Sophia will be adding more AVGO today. Done. Bought.
Netflix. Link here.
The blog.
Peggy Noonan. Peggy Noonan’s latest.
This was a party that at least for a week could turn the page on its obsessions. Election denialism was out, a post-DEI future in.
Politics: if Trump/Vance do win -- think about this -- no learning curve. The team has had four years to plan for this.
X: Where / how is national news being sourced today? X.
Tech with worldwide outage.
Market: huge buying opportunities today.
Most astonishing comment so far this morning: CNBC's tech reporter had no answer to the question -- how could this have been prevented?
Are you kidding me? Even I can tell you how this problem could have been predicted. USAA has figured it out; don't know if they've completely addressed the problem but they have the right idea. USAA is run by retired US military general officers.