The Energy, Market, And Political Page, T+30 -- September 11, 2018

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Title : The Energy, Market, And Political Page, T+30 -- September 11, 2018
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The Energy, Market, And Political Page, T+30 -- September 11, 2018

Tesla: customers can have any color they want as long as it's black. I can't make this stuff up.

Wow, take a look at this CLR well:
  • 33123, 2,904,  CLR, Mountain Gap 10-10H, Rattlesnake Point, 63 stages; 15 million lbs, a huge, huge well; Mountain Gap wells are tracked here: t6/18; cum 127K 7/18; 74,624 MCF = 12,435 boe + 127,000 bo = 140K boe in two months. At $50/bbl, about $7 million at the wellhead.
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 7-2018 31 72321 72304 63098 74624 73769 480
BAKKEN 6-2018 30 52803 52816 52613 52548 51466 714
BAKKEN 5-2018 1 1702 1232 1041 847 832 15
BAKKEN 4-2018 0 0 0 0 0 0 0
BAKKEN 3-2018 4 76 76 131 754 0 754

Texas highways: I just spent 90 minutes on the road taking the granddaughters to school, picking one up from 0700 (7:00 a.m.) dental appointment .... yada, yada, yada ... we actually "beat the bus" by 30 minutes ... the traffic was rush hour traffic and it flowed incredibly well -- mostly due to a) courtesy of Texas drivers; b) NASCAR philosophy -- no harm, no foul; and, c) the frontage roads. I wish everyone had the chance to drive Texas highways.

Goldman Sachs: on the radio I heard reports of economy growing twice as fast as GS forecast; the economy setting new records. Can't find the link on the internet. Yet.

Optimism. It's hard to believe CNBC would actually report this:
U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment.
The NFIB Small Business Optimism Index jumped to 108.8 last month, the highest level ever recorded in the survey's 45-year history and above the previous record of 108 in 1983, set during the second year of Ronald Reagan's presidency.
The August figure was up from a 107.9 reading in July.
But not to fear: CNBC then posts this -- "here's where he gets credit and what could go wrong."
NO KO: rocket man did not put his nuclear missiles on display in the Sunday parade, I am being told. Kim has sent a second letter to Trump. Must be feeling the pressure. Trump will make almost every US president and every modern US president look like a wimp. One wonders if WWII would have been shortened by a full year had Trump been in office. By the time it's all over, Trump is going to out-Truman HST.

HST: Hunter S Thompson.

Walkin', Talkin', Cryin' Barely Beatin' Broken Heart, Highway 101

Disclaimer: this is not an investment site.

The market: buying opportunity. Everywhere. Wow, the market turned around fast. If you snooze, you looze.


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