Monday, September 21, 2026

Monday Morning -- September 21, 2026

Locator: 51781B. 

Doomscrolling: I think folks know the meaning of this word. Two magazines to which I subscribe are essentially "doomscrolling" media: The New Yorker and Harper's.  

It seems the bulk of New York Times articles that end up in my newsfeed are meant for doomscrollers. I'll be canceling (not renewing) my subscriptions to both The New Yorker and Harper's. At age 75+ I don't have time for doomscrolling, and I certainly don't need to pay for it. I can still access the headlines and then use AI to access a summary of the articles if necessary. 

The three most influential men alive today: President Trump, Jensen Huang, and Elon Musk. 

Anticipation:

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Back to the Bakken

WTI: $98.06.

New wells reporting:

  • Tuesday, September 22, 2026: 46 for the month, 126 for the quarter, 483 for the year,
    • 41723, conf, BR, HBU Hazel 5N MBH,
  • Monday, September 21, 2026: 45 for the month, 125 for the quarter, 482 for the year,
    • 41730, conf, BR, HBU Hazel 9S MBH,
  • Sunday, September 20, 2026: 44 for the month, 124 for the quarter, 481 for the year,
    • 41722, conf, BR, HBU Hazel 4N MBH, 
  • Saturday, September 19, 2026: 43 for the month, 123 for the quarter, 480 for the year,
    • 42026, conf, Oasis, Milkweed 5302 14-36 3B,
    • 41729, conf, BR, HBU Hazel 8S MBH, 
    • 41639, conf, BR, HBU Badlands 10S MBH-ULW, 

RBN Energy: how pipeline flow data can help you pull meaning from complex natural gas markets. Link here. Archived

Natural gas prices at the Waha Hub in West Texas averaged below zero every month between September 2025 and May 2026, except January, then shot back above zero in mid-June as the Gulf Coast Express expansion began service. With Hugh Brinson now online as well and even more capacity coming in the years ahead, the basin has likely seen the last of negative prices for years to come. But how can we be sure the region has sufficient takeaway capacity? Or more importantly, how can we identify where or when the next potential bottleneck might be? In today’s RBN blog, we’ll highlight the importance of gas-flow analysis and pipeline modeling. Today’s blog also serves as an unabashed preview of our upcoming Natural Gas Master Class, an online-only event to be held Wednesday, October 21.

Given the rapid buildout of natural gas pipelines in recent years, with more on the way, understanding gas flows has never been more crucial. The ability to read pipeline data, model regional production and forecast market shifts is what separates accurate analysis from guesswork. As more and more gas flows toward the Gulf Coast to serve LNG export demand, understanding shifting flow dynamics and localized market constraints has become increasingly important  to understanding the big picture of U.S. energy markets as well as global gas markets. An incredible amount of data is available, unlocking real-time market information, but you have to know how to read and interpret it.

As we wrote in Open The Door, Permian gas production had been constrained until recently, causing negative cash prices in the basin for some time before the Gulf Coast Express expansion began service. The basin produces massive amounts of associated natural gas, but because of its location in West Texas and southeastern New Mexico there is almost no local market to serve. Nearly all the production in the basin is consumed elsewhere, and that requires massive pipeline takeaway capacity. 

The U.S. has two different types of pipelines, interstate (those that cross state lines) and intrastate (those that don’t). Nearly all of the buildout already online and still coming in the Permian is comprised of intrastate pipelines, which are not regulated by the Federal Regulatory Energy Commission (FERC). Intrastate pipelines have to report far less data than the pipelines that cross state lines and don’t report any flow data, and often companies don’t even announce that a project has come online until well after the fact. So, given the lower reporting requirements, how do we even know that the Gulf Coast Express expansion or Hugh Brinson are online?

We can see it in the market, in the price response and pipeline flow response of connected infrastructure. Let’s start with Gulf Coast Express, which took the market from constrained to unconstrained and is obvious to see — if you know what to look for. First, from a pricing perspective, in just a few days this summer, Waha cash prices (blue line in Figure 1 below) went from less than negative $1/MMBtu to above $1.50/MMBtu. Prices averaged just above zero (horizontal red line) in June and have been largely between $1.50/MMBtu and $2/MMBtu since July.

Figure 1. Waha Cash Natural Gas Prices. Source: Natural Gas Intelligence

PSA: Rechargeable AA / AAA Batteries Using A USB Cable -- September 21, 2026

Locator: 51780BATTERIES. 

Link here

 
Link here

Here is a fact-based summary of the story contents: A new phenomenon in the battery market is USB-C rechargeable AA batteries. USB-C is going everywhere and touching everything, and apparently that includes AA cells. AA batteries — and most non-LiPo batteries, really — have always required dedicated chargers. Suddenly, you can buy AA (and AAA) batteries you charge the same way you charge your phone.

AI:

Big Oil's Production Keeps Soaring Despite Deep Spending Cuts -- September 21, 2026

Locator: 51779BIGOIL. 

Link here. The one word I like best when WTI is trading for $100 -- "soaring" when combined with "production."

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The Sports Page

Link here

An AI-Inspired Lana Del Rey -- September 21, 2026

Locator: 51778LANADELREY. 

A 16-minute AI-inspired Lana Del Rey: link here.


Lana Del Rey's "real" song, Venice Beach, her longest released/known song is 9 minutes, 36 seconds long.

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Three At 27

Headline

Jimi Hendrix and Janis Joplin were each also 27 years old when they died. River Phoenix, 23; Mama Cass, 32. 

I also had severe suicidal ideation at that age (27) -- and years both before and after -- but fortunately I never took illicit drugs and did not drink any alcohol until much later in life. Getting married evened out my severe "ups and downs," and my children were probably the reason I never made a plan for suicide though being severely depressed.  

I've never studied or read up on the suicide phenomenon but for me it was "amazing." It was like a switch that turned off and on for no known reason. The severe depression seemed to last for three days for no known reason. The depression ended as immediate as it started. Music often seemed to hasten the end of a depressive episode.  Journaling helped a lot, which I highly recommend. 

No matter how many times I lived through depressive episodes, I seemed to never learn anything through them except over time I realized that the episodes would end as quickly as they began, usually lasting three days.  

Link here

And Rod Stewart, link here. I don't want to talk about it.

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All I Ever Need Is You

Link here to Cher. The only thing wrong with this song -- it's too short.

AMD -- Expected To Triple Revenue Over Next Three Years -- AMD Venice -- September 21, 2026

Locator: 51777AMD. 

Link here

AMD:


 

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A Musical Interlude 

Some of the best guitar strumming ever. Worthy of what Willie Nelson does. 

Link here

I became so "hypnotized" by the music while driving to Oatman there were times I almost drove the car straight off the road at 60 mph.