Locator: 48534ELECTRICITY.
Electricity rates by region, link here:
Wednesday, September 4, 2024
The Southern Surge -- September 4, 2024
Locator: 48533SOUTHERNSURGE.
If Trump and the MAGA folks won't do it, it appears Biden will.
By the way, Biden's poll numbers have never been higher.
Cramer's First Hour -- September 4, 2024
Locator: 48532CRAMER.
Cramer's first hour: a mix of fact, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBC.
Vaca Muerta: big, big story on Cramer's "Mad Money" last night. The Vaca Muerta is tracked here. Cramer's interview with Vista CEO is behind a paywall. But these links probably fill the gap:
Two days ago, I cleared out the in-box -- see some of the items down below the fold.
An update regarding some of these themes is in order.
Intel: in latest report, Intel disappoints -- unable to fab the new Broadcom chips. Link here. Also here. Last night on "Mad Money," Jim Cramer was incredibly negative on Intel / INTC. Final word on "Mad Money" was on INTC. His advice: "stay away."
Lunar Lake: over at MacRumors.
- Will be sold under the name Intel Core Ultra 200V. Supposedly optimized to take on Qualcomm's Snapdragon X Elite chips that Microsoft recently adopted for its AI-focused Copilot+ PCs
QCOM: just launched its Snapdragon X Plus 8-core processor; ramping up push into the AI PC space, taking on Intel and AMD -- CNBC.
EVs: in a world of hurt. Two links today -- EVs are tracked here.
- TWSJ: the VW story; nothing new, but a very, very credible source.
- AFP: new car sales in Europe pummeled as EV sales plunge.
- Evan: Volvo -- scraps EV plans. Holy mackerel! And here!
PEG: Peter Lynch's go-to metric --
***********************************
Disclaimer
Brief
Reminder
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- 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.
- Reminder: I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.
******************************
Re-Posting The Clutter From September 2, 2024
The Fed:
- the Fed may have reduced inflation even more than it intended; we've talked about this before. Link here.
- Morgan Stanley saying the same thing, link here.
US gasoline prices:
- EIA says, adjusted for inflation, US gasoline prices are about $1.70 lower today vs twelve years ago!!! Link here.Thank you Harold Hamm and Joe Biden.
Intel (INTC):
- the plan to save the company; comments are very, very helpful. Link here.
- the plan, Reuters; exclusive. Link here.
- over at twitter, link here.
- crash and burn! Badly designed chips or are they defective? Link here.
- Intel says nothing to see here? LOL. Link here.
Portfoil Parrot: investing; twitter; new. Link here.
Nvidia (NVDA):
AI:
- Apple, Johnny Evans. Link here.
- Open AI user count soars as Apple and Nvidia want to invest. Link here.
- Facebook's (META) Llama models are approaching 350 million downloads to date. Link here. IIRC, Mark Zuckerberg is the number 1 buyer of Nvidia's GPUs. Needs to be fact-checked.
- Amazon turns to Anthropic's AI for Alexa revamp. Link here.
- Barron's -- Apple, Nvidia may join Microsfot in funding Open AI, link here.
MSFT: its "recall uninstall option is just a bug. LOL. Link here.
Germany can't compete:
Lucid:
- 2025: expensive. Link here.
Dollar General: consumers are "strapped," feeling the pain. Link here. But they can afford $100,000 EVs.
HEVs:
- the fake EVs. Simply ICE with a bit of a kick. Nothing more, nothing less. Link here.
- sales. EIA. Link here.
ERCOT: Texas -- huge natural gas demand. LOL. Predicted.
Beth:
- the GPU as a service market: will grow more than 10x by 2032.
- the damn DRAM and MU: the DRAM market surged nearly 25% q/q, in 2Q24.
BRK: sells more BofA; has now cut state by nearly 15%. Link here.
NBC: with the Summer Olympics, "hit it out of the bullpark." Link here.
Investing: stock market returns after rate cuts; link here.
Production Update For The BR Mathistad Wells In Croff Oil Field -- September 4, 2024
Locator: 48531B.
The BR Croff wells are on the same pads as the Mathistad well; the Cross wells run in the opposite direction as the Mathistad wells.
Several Mathistad wells have produced over 700K bbls crude oil.
The Mathistad wells:
- 16983, 15 (no typo), BR, Mathistad 1-35H, Croff, API: 33-053-02852, t6/08; cum 321K 11/19; was off line 6/19; returned to production, 9/19; cum 380K 6/24; off line;
- 18013, 842, BR, Mathistad 2-35H, Croff, API: 33-053-03011, t7/09; cum 281K 11/19; cum 337K 2/24; off line;
- 33144, 318, BR, Mathistad 22A MBH, Croff, 30 stages; 10.5 million lbs, t10/17; cum 476K 11/19; cum 766K 7/24;
- 33146, 273, BR, Mathistad 22B UTFH, Croff, 4 sections, Three Forks, 31 stages; 15 million lbs, t10/17; cum 493K 11/19; cum 702K 7/24;
- 33152, 414, BR, Mathistad 6-8-35 MBH, Croff, 29 stages; 10 million lbs large, t11/17; cum 562K 11/19; cum 791K 7/24;
- 33150, 655, BR, Mathistad 3NC-MTFH, Cross, 4 sections, Three Forks, 29 stages; 14.5 million lbs, t11/17; cum 466K 11/19; cum 633K 7/24; off line;
- 33155, 40, BR, Mathistad 7-8-24 MBH,t3/20; cum 381K 7/24;
- 37580, conf, BR, Mathistad 2A MTFH, no production data,
- 37578, conf, BR, Mathistad 2B MTFH, no production data,
This page won't be updated.
Hump Day -- September 4, 2024
Locator: 48530B.
EIA: weekly petroleum report --
- crude oil in storage: 4% below the five-year average (this hasn't changed in months)
- refiners: 93.3% -- unchanged in months
- jet fuel delivered: 2.6% -- ho-hum
Cramer: last night, following one of the worst days for the market in a long time, Cramer said US oil companies are going to do a lot worse.
***************************************
Back to the Bakken
WTI: $70.17.
Thursday, September 5, 2024: 13 for the month; 141 for the quarter, 465 for the year
40479, conf, CLR, Roadrunner 5-15H,
40457, conf, Slawson, Nightmaker 6-17-8TFH,
37580, conf, BR, Mathistad 2A MTFH -- Mathistad wells are tracked here, but haven't been updated since 2018?!!!
Wednesday, September 4, 2024: 8 for the month; 138 for the quarter, 462 for the year
40458, conf, Slawson, Nightmaker 7-17-8TFH,
40417, conf, Oasis, Fossum 5301 43-35 3B,
RBN Energy: Chevron's Anchor project opens a new frontier in deepwater production. Archived.
The Gulf of Mexico (GOM) has long been a hotspot for crude oil and natural gas production, but technological advancements have pushed the boundaries of what’s possible in deepwater operations, opening previously inaccessible reservoirs. Chevron is the first to deploy new equipment capable of handling the more extreme pressures found very deep below the seafloor. In today’s RBN blog, we’ll highlight the project — known as Anchor — and explore how this new technology is paving the way for similar developments.
Subscribe to:
Posts (Atom)