Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The chief clown said that he spoke with the three Big Oil players named, but according to Reuters, sources who would supposedly know said there had been no such contact -- but then another clown told Newsweek that (others in?) the administration con…
And another tidbit, from Newsweek via Reuters:
Oil giants Exxon Mobil, ConocoPhillips and Chevron were not consulted about Venezuela before or after the capture of President Nicolás Maduro, industry executives told Reuters.
Their accounts contradic…
One of Krug's links is to a Politico story that's a good summary of the various oily factors.
Included is this take on the invasion by "an industry executive" familiar with the admin's attempts at outreach to Big Oil:
“In preparation for regime …
Before leaving I shot one question at football observer, why are the multi million $$$$ QB's not wearing concussion protect on their helmets? His reply, I haven't seen one QB wearing one!
I've wondered about that too; maybe that protective layer in…
NYT tidbits about Venezuela's oil reserves and industry:
Venezuela claims to have more than 300 billion barrels in the ground, the largest reserves of oil of any country. But it struggles to produce about one million barrels a day, or around 1 perce…
I'm thinking this looks more like Iraq than Panama, which it does also resemble, but with the emphasis on seizing V's oil for the Majors and "running the country." Lessons from Iraq: occupying a country is very expensive (U.S. debt could surge even …
Per daffy Duffy above, even if it were this admin's program, $1.5B doesn't buy much in infrastructure, especially in a country like this one, where so much in that category is aged out or needs to be replaced for health reasons.
The 2210 form/process is more forgiving than I thought it would be, when I spaced the Q3 estax payment last year and did the math on the form. I'd paid enough in Q1 and Q2 to (barely) meet the Q1-Q3 obligation.
Home insurance is blasting thru the stratosphere: +20% each of the last two years, and this isn't even a high-risk area. The Drill Baby Drill administration can't be helping.
Hope the homeowners among us signed up for some solar panels before the …
Highlights of a post yesterday from the Balanced Weather substack, home of a retired NOAA guy who's had experience in just about every nook and cranny of atmospheric, weather, and climate research in this formerly science-supporting nation.
Note t…
They never stop making the hole we're in deeper and deeper. Now it's the premier Boulder atmospheric science center they're trashing (source of "climate alarmism"). Meanwhile, arctic Alaska rivers are running orange (and dead) as a consequence of th…
Flash Flood Alley: https://en.wikipedia.org/wiki/Flash_Flood_Alley.
I lived in that general area for a while, long ago. The Guadalupe is one of the most flood-prone watersheds there. It was a tremendous, concentrated rainfall and flood, but in an a…
Update: For some reason, Fido can't get rid of the notice on the preview page that there's a TF ($49.95) for any purchase of any NTF fund. But, a csr told me today, the TF will not be charged. I tested that assertion today, and it seems to be right.…
Texas finally showed up & bounced A&M out of the SEC championship, plus slid them down the AP and Coaches rankings. The new playoff rankings should be interesting.
About Native Americans, it might be a tiny bit of consolation knowing that what GW did wasn't as bad as a half-century later, a la Andrew Jackson, the Indian Removal Act of 1830, and the Trail of Tears: ethnic cleansing of most lands east of the Mis…
In the interview on Firing Line, Ken B. made that point right out front that these were flawed human beings who somehow succeeded in making it possible for real freedom and equality under the law to blossom. But progress in that direction isn't guar…
Thanksgiving Day on CBS: Duke vs. Arkansas, both ranked. Duke is featuring the two kids of former Blue Devil great and NBA power forward for a dozen years or so -- Carlos Boozer.
