Texas Oil

SDG

[Texas Oil @TXOil]

I like to collect fossils, too. I just like to monetize them much after this coonass @raisingcanes.

[Barrett Linburg @DallasAptGP]

There is a rumor going around Dallas real estate and construction circles about a T-Rex.

I have heard it from separate sources. Stay with me, because the setup matters.

At the corner of Knox and the Katy Trail, a $1B project is rising that will overlook Highland Park. Condos, apartments, an Auberge hotel, retail, and restaurants in one development. Michael Dell's MSD Partners and Trammell Crow are behind it.

Dallas has watched the cranes for over a year. It opens this year.

The condos sold out before the building topped out. Word is buyers paid around $2,000 per square foot. Several bought two units pre-construction so the architect could combine floorplans and balconies into something bigger.

$2,000 per foot raises no eyebrows in New York or Hong Kong.

In Dallas? That is 2.5x what Museum Tower fetched, and Museum Tower set the old record.

A great sign for our city. Still not the story.

Bloomberg reported who bought the top two floors: Todd Graves, founder of Raising Cane's. A single floor had been marketed at $25 million. He took both.

Here is the part the reporters missed. The part the construction guys whisper about.

Graves needed both floors locked in before the concrete was poured. He worked with the architect and the engineers on one request: cut a hole in the floor plate between his two levels.

Why a hole between floors?

Natural light? A grand staircase? Some massive chandelier?

No.

A T-Rex skeleton. Thirty feet of it, standing in his living room, with two stories of glass behind it.

Before you dismiss the rumor, know this. Graves already owns a 66-million-year-old triceratops skull. It sits on loan at the Louisiana Art & Science Museum. The man collects fossils the way other billionaires collect Picassos.

The closest living relatives of the T-Rex. Chickens, actually.

Todd Graves built a $22 billion empire selling chicken fingers. Now he wants the biggest chicken of them all in his penthouse.

The more I learn about this guy, the more I like him.

[OSINTdefender @sentdefender]

This is the deepest strike into Iran that we have seen since the start of the ceasefire, with almost all of these tit-for-tat strikes by the U.S. taking place near the Iranian coast. Iranshahr is over 100 miles from the coast, with this likely being a clear message towards Iran.

[Texas Oil @TXOil]

@PolitlcsGlobal See comments.

[Texas Oil @TXOil]

Truth is no one really knows. It’s not bullish.

[Lukas Ekwueme @ekwufinance]

Chris Wright in 2025: Biden’s SPR release pace was irresponsible... it damaged the caverns.

- Biden: 180 mb / six months ~1 mbpd
- Trump: 172 mb / four months ~1.4 mbpd

Biden’s release damaged 2/4 caverns.

US SPR is stored in salt caverns; oil out means water in, which dissolves salt and weakens the structure, especially when done fast.

It’s quite possible that US SPR refill will be slower due to damaged caverns.

[Texas Oil @TXOil]

@elonmusk @SpaceX

[StripMallGuy @realEstateTrent]

I used Starlink for the first time today on my United flight, and holy smokes!

There are only a handful of times in our lives where we get to experience wild technological leaps into the future, and this was one of them.

The internet was so fast I didn’t know what to do with myself - so I FaceTimed my wife from 30,000 feet!

[Dr. Eli David @DrEliDavid]

Whoever wins the Muslim derby, Paris will burn

[Texas Oil @TXOil]

@skynight4703 @alan_stalcup That’s 300 days of 4h chartered time.

[Alan Stalcup | CRE Investor @alan_stalcup]

Let’s revisit the “aircraft ownership” investment. The breakdown you asked for.

You were curious what it actually costs to own and operate a Gulfstream G200 while offsetting expenses through charter.

Annual Charter Revenue

- 600 charter hours at an average owner revenue rate of $5,800/hour
- Total annual charter revenue: $3.44M

Direct Operating Costs

- Engine, APU & maintenance programs: $833,000
- Maintenance labor & parts: $832,000
- Fuel: $853,000
- Total direct operating costs: $2.52M

Fixed Operating Costs

- Crew salaries & benefits: $1.03M
- Management company covers approximately $468,000 of crew expense (2/4 crew members) to incentivize the high charter utilization
- Training, communications, subscriptions, cleaning and other operating expenses: $369,000
- Aircraft management: $22,500
- Insurance: $33,789
- Total fixed operating costs: $956,000

So you're looking at: $3.44M in annual charter revenue.

$3.47M in total annual operating costs. Resulting in an annual net cost of approximately $29,700.

The numbers say the aircraft is effectively paying for itself.

Instead of absorbing the full cost of ownership, charter activity offsets nearly all operating expenses while still providing approximately 50 hours of personal use annually.

When you factor in potential financing advantages and tax benefits, the economics become even more compelling.

The real value, though, is having access to a Gulfstream G200 whenever you need it while substantially reducing the true cost of ownership.

[Dr. Eli David @DrEliDavid]

With Egypt eliminated from the World Cup, Morocco and France are the only two Muslim countries remaining.

[John LeFevre @JohnLeFevre]

This chart is insane.

Government-heavy sectors (healthcare, college, childcare) exploded in price... and got worse.

Competitive free market sectors (TVs, toys, phones, software) crashed in price... and got dramatically better.

[Lukas Ekwueme @ekwufinance]

The biggest story in oil has been China cutting 5.5 mbpd from pre-Iran war levels.

That’s more than the cumulative IEA SPR releases... in a much shorter timeframe.

Now Chinese oil demand appears to be recovering.

If true, the biggest headwind for oil may be disappearing

[Sawyer Merritt @SawyerMerritt]

SpaceX President and COO Gwynne Shotwell and her husband have announced that they are donating ~$325 million of SpaceX stock to Trump Accounts for more than two million children across the U.S.

Every one of those kids will now have a direct stake in a company whose mission is the most ambitious in human history: to make life multi-plantary 🚀

[Texas Oil @TXOil]

$SPCX

[Eric Daugherty @EricLDaugh]

🚨 BREAKING: 2 MILLION SpaceX shares are now being donated to the Trump Accounts by the SpaceX President and COO, DIRECTLY benefiting America's children and their future

AWESOME! 🔥

SpaceX is filled with patriots!

SpaceX President Gwynne Shotwell: "My husband and I are honored and thrilled to participate in the Invest America program and gift a share of our SpaceX stock to a Trump Account for each of more than two million children across our great nation."

"We have been fortunate in our careers and hope this gift encourages the next generation to continue the journey of enabling humanity to live and fly amongst the stars."

🇺🇸🇺🇸🇺🇸

[Texas Oil @TXOil]

@aviationbrk It’s LA those are homeless fires and gunshots.

[Javier Blas @JavierBlas]

The core OPEC+ nations have agreed another 188,000 b/d monthly hike (for August). For a while, those monthly increases were “virtual” as the war meant most countries couldn’t pump, but as Hormuz reopens, they would increasingly matter. https://t.co/3OM9ZTqEB4

[Marc Andreessen 🇺🇸 @pmarca]

We will see this at 90%+, barring catastrophic policy choices.

[Alice Smith @TheAliceSmith]

Patriotism is love for your country’s culture and people. It is defensive.

Nationalism is love for your country’s state. It is power-based.

This is the essence of the distinction Orwell drew between the two terms.