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To: Les H who wrote (28316)11/23/2021 4:00:08 PM
From: Les H
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To: Les H who wrote (28317)11/23/2021 4:27:43 PM
From: Les H
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Will US shale oil operators forget capital discipline and produce a lot more oil next year as oil prices reach a seven-year high?

As demand has recovered, resulting in higher and sustained oil prices, Capex has also increased but significantly less than in previous years. This year, despite a 70% increase in oil prices operators are only increasing Capex by 9% and are expected to have a similar increase next year. Average oil prices in 2021 are higher than in 2018 but Capex is only 65% of what was spent in 2018. The main reason is capital discipline, which is suppressing activity despite high oil prices. Another factor is the well efficiencies achieved by operators since 2018. Despite high oil prices, rigs are 22% below pre-Covid-19 levels and frack crews 10% below.

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From: Les H11/23/2021 8:30:28 PM
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Dollar Tree makes it official: Items will now cost $1.25
Faced with the rising cost of goods and freight, discount retail chain Dollar Tree says it will be raising its prices to $1.25 for the majority of its products

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From: Les H11/24/2021 10:47:14 AM
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Big Oil Is Finally Exercising Restraint, And Biden Is Pissed
By Haley Zaremba - Nov 20, 2021, 4:00 PM CST
Gasoline prices are rising to their highest levels in years, and Biden is facing increasing pressure to find a fall man.
Biden has already taken aim at OPEC+ and Russia, but now he’s looking in his own backyard.
This week, Biden asked federal regulators to open an investigation into the U.S. oil and gas industry to determine if it’s engaging in “illegal conduct”.

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From: Don Green11/24/2021 11:02:12 AM
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A Dying Empire — America. A Working Empire — the EU. An Emerging Empire — China
Why America is dying, the European Union is working, and China is overtaking America.

Tessa Schlesinger

It’s good to remember the words of John Donne’s poem — No man is an island. Screenshot of Google Maps

Let’s start with the European UnionThis morning I received a mind-blowing email from the European Commission. I want to quote from it, because if you have arrived at the same conclusions that I have, it will blow your mind.

Notably, the EU has reached a crucial milestone as more than 70 % of Europe’s adult population are now fully vaccinated. … Thanks to the EU Digital COVID Certificate it is now possible for you to travel safely again. … The EU leaders have decided to look forward and invest heavily in our future through NextGenerationEU — our historic recovery plan. It is a once in a lifetime chance to emerge stronger from the pandemic, transform our economies and societies, and design a Europe that works for everyone. Together we are investing the unprecedented amount of over 800 billion euro in initiatives that will make Europe healthier, greener, more digital and more just.

Did you get that? The European Union is going to create a new economic system that works for everybody, and it going to invest $930 BILLION into changing the system for the greater good of all.

However, the European Union isn’t just going to put together a lot of stuffy old men and let them plan it. Nope. They’re actually asking for my input, and the input of every other European out there. Let me quote to you.

But making all this real and shaping our future together would not be possible without your personal involvement. The EU has therefore invited all citizens to debate on Europe’s challenges and priorities. No matter where you are from or what you do, this is the place to think about what future you want for the European Union. On the digital platform of the Conference on the Future of Europe you can take part directly. You can make proposals, organize or participate in events, and follow debates in panels of randomly selected citizens.

Holy hell! This is what you call a direct democracy, where the input of every single one of 448 million people counts.

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From: Les H11/24/2021 12:05:38 PM
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Researchers Seek Volunteers in Study of Ivermectin as Possible COVID Treatment
BY AILA SLISCO ON 11/24/21 AT 12:43 AM EST

Ivermectin might be effective if you have a worm infestation that's weakening your immune system.

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To: Don Green who wrote (28321)11/24/2021 3:05:04 PM
From: Don Green
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Jamie Dimon's mea culpa
Jamie Dimon. Photo: Michel Euler/Pool/AFP via Getty Images

JPMorgan CEO Jamie Dimon walked back a joke that the bank will outlast the Chinese Communist Party, Jacob Knutson reports.

    "I truly regret my recent comment because it’s never right to joke about or denigrate any group of people, whether it’s a country, its leadership, or any part of a society and culture," Dimon said in a statement."Speaking in that way can take away from constructive and thoughtful dialogue in society, which is needed now more than ever," he added.
JPMorgan has branches across China and it recently got Beijing's approval to own a securities brokerage in China, according to Reuters.

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To: Don Green who wrote (28323)11/24/2021 3:11:15 PM
From: Don Green
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Aaron Rodgers Doesn’t Just Have Any Toe Injury. He Has Covid Toe.

The Packers star quarterback is dealing with a painful toe injury that stems from the body’s immune response to his recent case of Covid-19.

Aaron Rodgers reacts during a loss to the Minnesota Vikings on Nov. 21.Photo: Adam Bettcher/Getty Images

Since Aaron Rodgers returned to the field after testing positive for Covid-19, having sat out 10 days because he was unvaccinated, the star Green Bay Packers quarterback has been dealing with a mysterious and painful toe injury.

After previously describing it in vague terms as a “Covid injury,” Rodgers confirmed what dermatologists had previously suspected.

“No lingering effects, other than the Covid Toe,” Rodgers said Tuesday on the Pat McAfee show.

Covid Toe is a casual name for something medically known as pernio or chilblains, which is a condition that causes symptoms such as discoloration and lesions. It can be extremely painful and turn the toes purple.

The shred of good news, when it comes to Covid Toes, is that they’re a sign of the body’s strong immune response to the virus.

Recent research, including an October study published in the British Journal of Dermatology, has found that Covid Toes typically occur in younger patients who experience mild symptoms. The problem is that, when the body produces too much of a type of interferon, it can create other problems—and produce Covid Toes.

“The way I would think about it is it’s basically a side effect of how your own immune system is fighting the virus,” said Esther Freeman, a doctor and principal investigator for the Covid-19 Dermatology Registry. “It’s part of our body’s response to the response to the virus. It’s almost too much of a good thing.”

Freeman, who’s also an associate professor of dermatology at Harvard Medical School, says the incidence rate of Covid Toes isn’t precisely known. She also noted that the condition tends to occur one to four weeks after infection.

That timeline also neatly aligns with Rodgers’ symptom profile. News of Rodgers’ positive test first emerged on Nov. 3. After that sidelined him for 10 days, during which he missed a game, he returned to play the Packers’ game against the Seattle Seahawks on Nov. 14. The day before that game, Rodgers was added to the team’s injury report with a toe injury.

The injury was so problematic during the team’s game last Sunday, a loss to the Minnesota Vikings, that Rodgers headed to the locker room before halftime to tend to the ailment. His backup, Jordan Love, took the final kneel-down ahead of the break. Rodgers, afterward, described it as “very, very painful.”

Rodgers elaborated on it more Tuesday, saying on the sports talk show that while he was in a great deal of pain, sitting out games isn’t an option. He also indicated that the issue is primarily with his fifth, or pinkie, toe.

“I have an injury that’s not going away,” he said.

The condition can be so painful that some patients report difficulty wearing shoes. But throwing on a pair of cleats isn’t the only impediment between Rodgers and comfortably playing quarterback. It’s also the time of year and the location of his NFL franchise.

One of the most critical factors that can exacerbate Covid Toe is cold weather. Rodgers happens to play for a team in Green Bay, Wis., where temperatures are expected to dip below 20 degrees this week. He already had to play through snow with the toe injury during the game against the Seahawks.

In most cases, Freeman says, the lesions will resolve on their own. While she couldn’t speak to Rodgers or his condition specifically, she generally recommends that patients keep their core and extremities warm to prevent flare-ups. Beyond that, she advises consulting board-certified dermatologists for treatment.

“The best way to avoid Covid Toes is to get vaccinated,” Freeman said.

Rodgers’s decision to not get vaccinated is what placed him at the center of a firestorm in the first place. Before the season, when he was asked if were vaccinated, he responded: “Yeah, I’m immunized.” He also appeared to be vaccinated because of his appearance at news conferences without a mask, as is required for unvaccinated players, according to the NFL’s health and safety protocols.

Packers quarterback Aaron Rodgers said sitting out games isn’t an option.
Photo: Elizabeth Flores/Minneapolis Star Tribune/Zuma Press
But when Rodgers tested positive earlier in November, he was forced to sideline for 10 days—the protocols for players who hadn’t been fully vaccinated. That catalyzed a sharp backlash among critics who said he lied or misled the public about receiving one of the safe and effective vaccines approved in the U.S.

Initially, he vigorously defended himself. In Rodgers’s first comments on the subject, he claimed he was immunized because of conversations for “healers” and dubbed himself a “critical thinker” while invoking civil-rights leader Martin Luther King Jr. He said he didn’t lie, assailed the “woke mob” for attacking him and criticized the NFL’s protocols as draconian.

Later, he partially backtracked on that stance.

??“I made some comments that people might have felt were misleading,” Rodgers said Nov. 9, the same day the NFL fined both him and the Packers for protocol violations. “To anybody who felt misled by those comments, I take full responsibility for those comments.”

Write to Andrew Beaton at

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From: Les H11/24/2021 4:19:07 PM
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How one rate hike by a small African nation could derail Powell’s Fed inflation-fighting plans and sink stocks

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From: Les H11/25/2021 3:49:55 PM
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BOJ’s Newest Board Member Sees Japan Inflation Creeping Up

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