Week 25: June 19, 2023 -- June 26, 2023

Locator: 45034B.

Top story:

• Coup in Moscow? Putin almost overthrown and the story dies in less than 24 hours!
  
• Russian history in five words: “… and then things got worse.”
• “And just like that the Nordstream pipeline story disappeared.”
• A second group of Russians have invaded Russia.
• I’ll believe this is serious when Christiane Amanpour shows up in Moscow
• Tucker leads with: “ … the submarine is still sunk.”

Top international non-energy story:

• Russian-Ukraine war continues.
• Russia, Ukraine, and now Belarus
• Prigozhin “exiled” in Belarus
• a strategic re-org?
• to what extent does Prigozhin build a “new” army?
• OceanGate Titan submarine implodes; five souls lost. 

Top international energy story:

• Tesla: inside track to universal supercharger.
  

Top national non-energy story:

• 
  

Top national energy story: 

• WTI breaks below $70 again.
  

Focus on fracking: most recent edition.

Top North Dakota non-energy story:

• 
  

Top North Dakota energy story:

• Data processing center; Ellendale, ND; huge electricity demand.
  

Geoff Simon's top North Dakota energy stories:

•  Quick connects.
  

Bakken economy:

Commentary:

Entertainment: “Everything Everywhere All At Once.”

We May Be Hearing A Lot About The FSB Over The Weekend -- There's No Huurricane To Distract Us -- June 23, 2023

Locator: 45033FSB.

With regard to Prigozhin / Wagner, it sure seems like folks are missing the BIG story, the story that plays out regardless.

China is watching closely. Male unemployment at 20%.

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Haircut By Sophia

My last haircut by a professional barber was in late February / early March, 2020. None since.

All my haircuts since then have been done by Sophia. First haircut by Sophia was when she was five. She will turn nine later this summer.

EV Tickers When Things Start To Fall Apart -- June 23, 2023

Locator: 45032EVS.

The tickers:

• LCID: down almost 5% today; trading at $5.47; one year: down 72%
• RIDE: down 12% today; trading at $2.98; one year: down 89%
• RIVN: down 4% today; trading at $13.53; one year: down 54%
• FSR: down 3% today; trading at $5.09; one year: down 45% (Ocean)
• GOEV (Canoo): down 3% today; trading at 50 cents; one year: down 78%
• F: down 1% today; trading at $14.02; one year: UP 17% over the past 52 weeks;
• PSNYW: down 4% today; trading at 66 cents; down 76% over the past year;
• ARVL: down 1% today; trading at $2.14; down 97% over the past year;
  

Scorecard: here.

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.

The Great Migration -- Running The "Okie Migration" Film Backwards -- Go East, Young Man -- June 23, 2023

Locator: 45031ARCH.  

Link here.

Flashback:

Now this (see link above):

This is not trivial. This could affect California's state budget significantly. It's happened before.

Meanwhile the Southern Surge continues.

Go east, young man:

End-Of-Day Report -- June 23, 2023

Locator: 45030B. 

Groningen gas fields: officially closed, as of October 1, 2023. Link here. Will remain on operational status for one year to "manage" this winter, if necessary. After that, closed permanently and dismantled. 

Oil prices soar in MidEast: not yet reflected in WTI. Not sure what this means, original article at ZeroHedge (consider the source). Link here. 

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Back to the Bakken

Active rigs: 38.

WTI: $69.16.

Eight new permits, #39900 - #39997, inclusive:

• Operators: CLR (6); Ragnar Exploration (2)
• Fields: Elidah (McKenzie); Fryburg (Billings)
• Comments:
• Ragnar has permits for two wells, a Reardon well and a Francisco well, both SESE 17-139-100, Fryburg, Billings, 
• both to be sited 1255 FEL with the Reardon well 300 FSL and the Francisco well, 345 FSL
• CLR has permits for six Omlid wells, NENW 30-151-97;
• to be sited 435 FNL and between 1500 FWL and 1660 FWL.

Four permits renewed:

• Enerplus: four Olson permits, SWSW 34-147-97; Little Knife, Dunn County.

Five producing wells (DUCs) reported as completed:

• 39127, 40, Crescent Point Energy, CPEUSC Szarka 2-36-35-159N-100W-MBH;
• 39130, 90, Crescent Point Energy, CPEUSC Claire Rose 4-31-30-158N-99W-MBH;
• 39131, 162, Crescent Point Energy, CPEUSC Amelia Grace 4-6-7-158N-99W-MBH;
• 39146, 298, Enerplus, LK Bice 147-96-6-31-3H;
• 39148, 307, Enerplus, LK Bice 147-96-6-31-5H;