Energy News Beat For humans and AI trading the stock, it’s just a spectacularly fun video game. For observers, it proves this market is dangerously nuts. By Wolf Richter for WOLF STREET. The craziness of this situation is hard to convey with a straight face. “Craziness” is probably the understatement of the year. It shows just how nuts […]
Energy News Beat ENB Pub Note: Interesting article from the WSJ. They bring up some interesting points and confirm my bullish sentiment on natural gas. But what is missing is the bigger question of microgrids and how much natural gas will be diverted to the data centers over the normal grid production. Much like the […]
Energy News Beat Conversely, the share of 6%-plus mortgages outstanding surges to the highest since 2016. By Wolf Richter for WOLF STREET. The 30-year mortgage with a fixed rate of 3% for the duration of 30 years was as close to free money in an inflationary world as regular folks can get, and it would make sense to […]
Energy News Beat The narrative is that an exit from the current conservatorship would turn Fannie and Freddie into “private” companies. It is not the case. To be a GSE means that you have private shareholders and a free government guarantee of your obligations: “The risk is 99% public and the profit is 100% private.” […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
