This week we spend some time on things I don’t understand, which in this case is bitcoin.  We visit with Tom Masiero and Rete Browning of Great American Mining and go through what it is, why it is, how to get it, how it works and.... then we go over what it is again. #hottakeoftheday podcast Episode 60 w/Great American Mining https://youtu.be/JbvfdD-I2J4   Audio Podcast   About Great American Mining Great American Mining focuses on building and operating modular autonomous Bitcoin mining farms.  We create highly...

The long awaited Executive Orders on coronavirus stimulus came yesterday and all I can do is sit on the porch, drink coffee and scratch my head asking “how did we get here?” We go out to restaurants a lot. My assessment: they aren’t full because many people have changed their habits, not because of capacity restrictions. Why are we prolonging the inevitable? Many hospitality jobs are permanently lost. Why are we pretending? I have heard from pharmaceutical salespeople who say they...

Not that logic has anything to do with it but here’s a thought: instead of putting a moratorium on evictions (which we all know is simply delaying the inevitable) why doesn’t the US simply purchase the debt owned (in the form of overdue rent) at a 0% interest rate for 3 years. The US Fed is just printing money anyway, and in this particular case it solves a whole bunch of problems in one simple action. The benefits: the landlord...

You may be curious to learn, how did golf tryouts go? Well, for the second time this year, one of my children had to do “the walk of shame” out past their teammates having been told “You didn’t have it this year.” And, for the second time this year, my child (this time the golfer, last time the hockey player) said “Can we go practice right now?” Right now? Yes. Right now. That’s capitalism. You earn opportunities through work effort...

The Saudi’s pushed back their release of the OSP price (usually today) into next week as the delicate balance between supply and demand is carefully managed by MBS. What will they do and what does it mean for the oil market? Well, we’ve seen some odd things over the past few months, including the disparity between overnight trading and trading during the day. With that in mind, walk me through what news was released at 2 am last night that...

The “favorite” comments I receive on posts are something to the effect of “stick to oil and gas, buddy.” Obviously, I offer to refund their subscription in merch and deeply consider their opinion of my topic choice. But the truth is, I have two children and I am very worried about them. And not only my children, but everyone’s children. And so, when the Covid lockdown came that not only ripped through oil and gas land but sidelined the economy...

Today is my favorite day of 2020. Why, you might ask? My youngest, “the hockey player”, got cut from his team in June after 2 years with them. He was a leader in the locker room, popular with the kids but the coach assessed he didn’t skate well enough and wasn’t 6’3 (controllable, right?)...come back next year. He could have cried (he did, but me more for him). He could have quit. But instead, he redoubled his effort and I’ve...

I’m not allowed to have favorite episodes and honestly, each one is pretty different. But my interview with Bud Isaacs is certainly one of my favorites. Mines grad, Vietnam vet, a career in oil and gas, lover of the outdoors, and most recently advocate for the water shed on the western slope. The co-authored book- “Oil and Water” is a fascinating dive into the world of water and what keeps 40 million Americans hydrated from the Colorado River. Water is...

“This is the first time in my life, my business is failing and I can’t even work harder to fix it. There is a chance I lose everything.”- a close friend and multiple restaurant owner. “Every day I’m losing money and my employees are asking why they aren’t getting bonuses. Businesses don’t work at 60%.” -a small business owner who will be closing one of their locations forever next week. “People with means are going to pull their kids from school,...

There is no doubt that I was 2 months early when I said September 2019 would be the highest production month ever for U.S oil production. Budgets were constrained for Q4 (cash flow reasons) and Volumes and lateral lengths had plateaued while the underlying decline rates had increased dramatically. As it turned out, November 2019 was the all time high for U.S oil and it declined every month through March 2020 showing that oil growth for the country was no...