To Infinity And Beyond -- February 7, 2026

Locator: 49924MARKET.

This didn't age well, link here:

In nearly 50 years of investing, I've never seen anything like this: 

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Good! Now Liquidate The Shorts!

 Link here.

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Amgen

Link here.

 

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Chasing Cash

Link here. 

Alison's Quick Connects -- February 6, 2026

Locator: 49923B.

The stories:

• North Dakota oil output fully restored, nationwide outages dropping -- EnergyNow.com

• Ron Ness talks tough economic environment for state's oil and gas developers -- InForum

• Energy board votes down $40M loan extension for Cerilon gas plant -- Bismarck Tribune

• Public Service Commission to seal mine entrance next to Cartwright Tunnel -- KFYR-TV

• Since 2007, North Dakota has invested $4.5 billion in water projects using oil extraction taxes -- BEK TV

• North Dakota board recommends $40M loans, $3.4M grants for battery, mineral projects -- Bismarck Tribune

• ND town serves as an example of the promise and perils of data centers for SD -- South Dakota Searchlight

• New energy, new industries: landowners prepare for North Dakota's next development boom -- KX News

• South Dakota advances 'bossly bill' aimed at preventing land survey abuses -- South Dakota Searchlight

• Iowa advances bill that would create severance tax for pipeline-transported CO2 -- North Dakota Monitor

• Update provided on planned multi-billion dollar Cerilon gas-to-liquid plant in Williams County -- KFYR-TV

• Lawyers Scott Porsborg and Brian Schmidt to represent state legislature in term limits lawsuit -- KFYR-TV

• Former Dem-NPL state lawmaker Vern Thompson launches campaign for US House -- North Dakota Monitor

• Heating assistance available for North Dakotans this winter through state LIHEAP program -- KX News

• ND Health and Human Services confirms state's first case of measles for 2026 in William County -- KVRR

• Discussion criticizes lawmakers' proposed changes to initiated measure process, term limits -- KSJB AM 600

• Trio of candidates announces run for North Dakota state legislature, including Sen. Axtman -- KX News

• Produced water spill reported 10 miles southwest of Alamo; 1,200 gallons spilled and recovered -- KX News

• Williams County issues moratorium on solar farms, battery storage sites through end of year -- KFYR-TV

• Williston City Commissioner Gjovig not seeking full term in June following appointment last year -- KFYR-TV

• Two-year effort yields a path forward for North Dakota's strained local newspapers -- Dickinson Press

• Dickinson construction company sues Federal Government for $6.3M in unpaid border wall work -- KFYR-TV

• After 16 years, Senator Randy Burckhard announced that he will not seek reelection -- Minot Daily News

• Williston STAR Fund awards $50,000 across 25 community enhancement projects -- Williston Herald

• Williston Park Board member Shawn Roness announces run for mayor, bringing field to five -- KFYR-TV

• Williston Area Chamber of Commerce announces Mitch Melberg as new president, CEO -- Williston Herald

• Acro Stars Gymnastics announces receipt of generous $35,000 donation from Chevron -- Williston Herald

• From associate to bachelor's: new Degree Bridge Program keeps Williston students local -- KX News

• ND colleges can develop reduced-credit bachelor's degrees but with limitations -- North Dakota Monitor

• Departing NDSU President David Cook sets stage for interim president Rick Berg -- Dickinson Press

• US HHS awards over $3.1M to Cankdeska Cikana Community College for Head Start -- Kevin Cramer

• Standing on principle: why "universal" school meals isn't the answer for ND -- McKenzie County Farmer

• Legislators conflicted on funding school meals; District 2 reps oppose ballot initiative petition -- The Journal

• School board gets tour of DCHS heating renovations; frustrations voiced over cold classrooms -- The Journal

• Dickinson High School junior uses state student council position to promote inclusion -- KFYR-TV

• Number of North Dakota homeschooled students increased 756% from 2007 to 2025 -- Grand Forks Herald

• Commerce Department's career fairs aim to keep talented graduating students in North Dakota -- InForum

• 2026-2027 calendar for Beulah Public Schools is complete according to school officials -- The Beacon

• Trump announces that US will develop $12 billion stockpile of minerals considered to be critical -- The Hill

• AI power needs may turn expected LNG surplus into a gap by 2030, says Qatar Energy CEO -- Reuters

• Devon and Coterra announce definitive agreement to merge, create premier shale operator -- Oil Price

• Interior Secretary Doug Burgum highlights national security risk posed by wind farms -- Fox Business News

• Global oversupply set to override geopolitical flare-ups, keeping oil prices close to $60 per barrel -- Oil Price

• Trump says he's reached a trade deal with India after Modi commits not to buy Russian oil -- The Hill

• US government soon to issue general license for oil production in Venezuela, sources say -- Reuters

• Taxpayers predicted to reap fewer dollars after royalty rate slashed for onshore production -- E&E News

• Oil refiners on US Gulf Coast are struggling to absorb a rapid surge in Venezuelan crude shipments -- KFGO

• DOE taps Mark Lewis and Mike Howard to be new members for National Petroleum Council -- E&E News

• EIA projects US to produce almost a quarter of the world's petroleum in 2026 in short term outlook -- Rigzone

• When it comes to climate and fossil energy, let's retire the politics of fear -- The Empowerment Alliance

• Crudely put: Oil is everywhere and almost as vital to human survival as oxygen & H2O -- RealClearEnergy

• David Blackmon: Higher electric bills are being driven by political ideology in blue states -- Daily Caller

• Fox News Digital report spurs 22 AGs to urge House probe into alleged judicial climate bias -- Fox News

• Watchdog warns that over-reliance on wind and solar is making winter blackouts likely -- Just The News

• Climate alarmism is distracting the world's attention from true environmental threats -- The Center Square

• Back to Energy Reality: A Message to Leaders Finally Recognizing What Works -- RealClearEnergy

Unbelievable -- The Day The Music Died -- February 6, 2026

Locator: 49922EVS.

This $26 billion financial hit --  mainstream media suggests this happened overnight but it's been going on for quite some time now. Check "STLA" and set time frame to "five years" or "max." There's no way this can be sugar-coated.

Link here. 

Link here.

Unbelievable -- February 6, 2026

Locator: 49921MARKETING.
Locator: 49921AMAZING.

Not one word needs to be said. I'm so glad I didn't watch one minute of CNBC today and listen to al the talking heads who probably said this was absolutely predictable. One exception: Cramer got a couple of things wrong but in the big scheme of things, he was right on target this past week. 

End-Of-Day Reports -- New Wells Reporting -- Thursday / Friday -- February 5, 2026

Locator: 49920B.

WTI:

Active rigs: 27.

• Tuesday, February 10, 2026: 16 for the month, 69 for the quarter, 69 for the year.
• None.
• Monday, February 9, 2026; 16 for the month, 69 for the quarter, 69 for the year.
• 41815, conf, BR Rolla 6B,
• 41354, conf, Hess, GO-Dustin Brose-156-98-2932H-3,
• Sunday, February 8, 2026; 14 for the month, 67 for the quarter, 67 for the year.
• 41335, conf, Hess, BW-Stoveland-140-1003H-4,
• Saturday, February 7, 2026: 13 for the month, 66 for the quarter 66 for the year;
• None.
• Friday, February 6, 2026, 13 for the month, 66 for the quarter, 66 for the year:
• 41334, conf, Hess, BW-Stoveland-149-100-1003H-5,
• 41235, conf, Hunt, Clearwater 157-90-14-11H-2.

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Daily Activity Reports

Update daily activity reports, Thursday / Friday, February 5 - 6, 2026:

Nine new permits:

• Operators: Devon Energy (5); Formentera Operations (4);
• Fields: Cow Creek (Williams oil field); Larson oil field (Burke County);
• Comments:
• Formentera Operations has permits for four McCallister wells, NENW / NENE 25-162-94, to be sited 332 FNL and 2225 / 2330 FWL; Devon Energy has permits for five Tufto wells, to be sited 471 / 474 FSL and 1959 / 2079 FEL.  

Four permits renewals:

• Hess: two GO-Haug permits (Wheelock oil field), and one BW-Cushing permit (Ellsworth oil field);
• Five States Operating: an LLC permit, Stark County; 

One producing well (a DUC) reported as completed:

• 41148, 868, BR, Devils Backbone 5B, McKenzie County; 

Two permits canceled:

• 41156, Murex, DD-David Daniel, Burke;
• 41157, Murex, DD-Stacy Carl, Burke;