Jargon: Cadastral -- November 10, 2025

Locator: 49386B.

This is really, really cool.

In eighteen years of following the Bakken fairly closely, I had not come across this word: cadastral.

I have no idea how I missed that word all these years.

But today a reader sent me a note in which he/she used that word. I was embarrassed. I had not seen that word before, and if I had, I skipped over, missed it (if so, my bad, sorry.

For those who may have also missed this word:

Another word that I learned from the Bakken years ago: riparian, and interestingly, the reader used "cadastral" when reminiscing over the high-water mark controversy of some years ago, which, I suppose could be called a riparian issue. Pretty amazing how things all seem to come together.  

Wow, I love this blog. LOL.  

This AI Is Not A Bubble -- Exhibit A -- Cedar Rapids, Iowa -- Google -- Nextera -- November 10, 2025

Locator: 49385AI.

Note: Nextera -- largest energy company in the world in its sector.

 

EV Sales -- November 10, 2025

Locator: 49384EVS.

The stories below tell me two things:

• the pie (global EV sales) may or may not be getting bigger but more automakers are entering the sector, certainly leading to more competition, and perhaps smaller slices of the pie for the automakers;
• in the US, presence or absence of tax credits will make or break many EV manufacturers. 

Link here. 

Link here. 

Link here. 

Link here. 

 

 

 

Chart Of The Day -- Palantir -- November 10, 2025

Locator: 49383COTD.

Ticker: 

 

Monday -- Government Shutdown -- Near The End -- Apparently It Will Be At Least Another Week -- November 10, 2025

Locator: 49382LNG.

LNG: year in review -- link here. No one saw this coming ten years ago -- or whenever it began -- I lose track of time -- but when I started blogging the US was building LNG import terminals. Somewhere during the Bakken revolution an excess of natural gas became a huge story and the rest was history. 

Investing: I didn't look at the market last week -- 

-- maybe starting ten days ago, I forget, I quit looking at the market -- minor exceptions -- because the market was selling off, I was fully invested, no cash to buy anything, and all I heard was "this is the worst pullback since April, 2025." 

So, today, with the news that the government shutdown may be coming to an end -- it will certainly be over by Thanksgiving, if not this week -- I checked to see how the market was doing. Most surprising, that "pullback." Way, way over-hyped. Didn't amount to anything and today we're close to where we were -- in less than four hours of trading. 

By the way, did any conservative news site tell us how much money Nancy Pelosi lost last week with "the biggest pullback since April, 2025"? Crickets.

Palantir: one exception with regard to the market. 

I completely missed Palantir (long, sad story) and said I would never get in. But the pullback last week was so ridiculous, so just to prove a point, I started a position in Palantir. It will never move the needle in my portfolio but at least I can now say I own Palantir. LOL. Up $13.45 / up 7.45% today. Just saying. I'm not a market timer by any means, but this was just so incredibly stupid -- the pullback in Palantir. 

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Back to the Bakken

WTI: $59.58. Link here.

New wells reporting: link here.

RBN Energy: link here.