Wednesday, September 2, 2026

Daily Activity Report -- September 2, 2026

Locator: 51632B.

Birth

Aurelius Lennon (often spelled Aurelis in initial social media announcements) was born on Tuesday, September 1, 2026. 
He is the first child of musician Sean Ono Lennon and his longtime partner, Charlotte Kemp Muhl. His birth marks a major milestone for the family, as he is the very first grandchild of the late Beatles legend John Lennon and Yoko Ono. 
The father, 50 years of age; the mother, 39. 


Military: there are many discussions right now with regard to the need for manned aircraft in this age of drones. It's navel-gazing. The conversations are incredibly interesting, but for an investor, we need to know the facts. With regard to this question, this is the only thing investors need to know: it will be a mix (drones; and manned and, eventually, unmanned aircraft [RPA / RPAS).

How do we know this?

  • drones: common sense; confirmed by the current conflict with Iran; and,
  • the USAF is continuing to procure manned a/c designed to fly for 30 - 40 years.

So, discuss this until the cows come home but common sense and facts on the ground provide the answer. Unless they are remotely controlled / fully autonomous a/c, "classical" drones will never be big enough to carry 30,000-lb bunker busters. 

Larak Island (Iran): one of many links regarding this island on YouTube. A much longer pro-US media site. Good but a little bit too hyper, pro-US.

Dog whistles: The use of "blitz" by The New York Times speaks volumes. The word blitz comes from the German noun Blitz, which means "lightning":

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Back to the Bakken

WTI: $90.98. That looks suspiciously close to $91.

Active rigs: 37.

Five new permits: #43281 - #43285, inclusive --

  • Operator: CLR
  • Field: Catwalk (Williams County)
  • Comments:
    • CLR has permits for two Maryland FIU wells and three Nashville wells; the Maryland wells, SWNE 16-154-100; 
      • these two will be sited 1963 FNL and 1375 FEL; and, 988 FSL and 1745 FEL: 
    • the Nashville wells, also SWSE 16-154-100,   
      • these three wells will be sited 892 / 956 FSL and 1745 FEL.

Four permits renewed:

  • MRO, permits Emma USA, Murray USA, and Stout USA, Four Bears oil field, McKenzie County.
  • Formentera Operations, Pacer, Ambrose oil field; Divide County; 

Five producing wells (DUCs) reported as completed:

  • 42053, 285, Petro-Hunt, Tinjum 159-91-31D-19-3H,
  • 42054, 547, Petro-Hunt, Tinjum 159-91-31D-19-2H,
  • 42219, 1241, CLR, Louisville Federal 7-7HSL,
  • 42430, 770, Oasis, Prestwick Federal 5602 12-34 4B,
  • 42668, 902, Oasis, Troon 5602 12-23 4B,

Other Headlines -- Part 2 -- September 2, 2026

Locator: 51631ARCHIVES.

Pageviews: currently in excess -- yes, in excess -- of 1,758,619 pageviews per 24 hours.  

Okay

Google wins: link here. Big win for both GOOG and BRK.

All of a sudden, they like fracking: Researchers and energy companies are using hydraulic fracturing, or fracking, in Utah, to unlock clean geothermal energy.

Iran: both Trump and I are on same page.

Market recovers a bit today. Movers and shakers assume the Fed will raise rates in September. If the Fed does not, "Katie, bar the door." 

Putin, Ukraine: when a small problem becomes unsolvable, go bigger. NATO: watch out. Link here

Other Headlines -- Part 1 -- September 2, 2026

Locator: 51630ARCHIVES.

No fire! Breaking now -- on CNBC -- a scoop -- at the upcoming "fireside chat" with Secretary of Commerce the honorable Howard Lutnick, there will be no "fireplace." 

The Secretary of Commerce the honorable Howard Lutnick said this morning on CNBC that it will simply be two men in suits on two chairs in a room chatting. It was the mainstream media that dubbed it "a fireside chat." 
Good to get that cleared up. A real fire in a real fireplace in Washington, DC, in September, during a heat wave never did seem to be a good idea.

Moscow needs "the Golden Dome"


AAPL: futures -- AAPL just turned green. Whoo-hoo.


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Disclaimer

Briefly

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • 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 something appears wrong, it probably is. Feel free to fact check everything.
  • 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 Bakken, 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. Nvidia is a metonym for AI and/or the sixth industrial revolution. 
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom. Now, I've added Amazon. And QCOM.
  • Longer version here.
  • Wireless Issues -- September 2, 2026

    Locator: 51629WIRELESS.

    Query:

    Technology. Home wi-fi. Routers. Modems. Laptops. Printers. We live in an up-scale apartment complex. Everyone is connected. We have had the same wi-fi provider for a dozen years or longer. Almost never have we ever had any wi-fi issues. Last night we had a devil of a time connecting with our wireless printer. Our laptops struggled with "finding" the printer. Over an hour or so, it came back to normal. Any idea what might have been the problem? Can neighborly set-ups interfer with our own setup (wireless)?

    Reply

    Query in response:

    That's incredibly interesting. We just had a new neighbor move in next to us and this would be the exact moment that he/she was probably installing their own wireless system. Very, very interesting. 

    Reply:

    Hegseth: Things Have Changed -- Wednesday, September 2, 2026

    Locator: 51628HEGSETH.

    Hegseth: I have no idea what's going on with regard to civilian control of the military and the general officers / flag officers in the US military and their relationship with Hegseth, but the takeaway for me is that things have changed. During my 30-year career, I always felt that a few -- a very few -- general officers / flag officers were bullet proof and some were more interested in golf than their career. All of a sudden, things have changed.

    The young journalists reporting on the military certainly have no military experience and no clue. But the young journalists at The New York Times certainly have an agenda. 

    Link here.