Randy

Father, Husband, Investor and Business Builder. Avid Sports Fan, World Traveler and Proud of Canadian Oil & Gas.

[Vivek Sen @Vivek4real_]

THE NEXT TIME YOU FEEL LIKE GIVING UP, REMEMBER THIS PHOTO OF ELON MUSK.

IT WAS TAKEN AFTER HIS THIRD ROCKET EXPLODED.

HE HAD JUST LOST $100 MILLION OF HIS OWN MONEY. SPACEX WAS WEEKS AWAY FROM BANKRUPTCY. TESLA WAS STRUGGLING. HE WAS SLEEPING ON FRIENDS’ COUCHES.

THE MEDIA CALLED HIM RECKLESS. INVESTORS PULLED BACK. EVERYONE TOLD HIM TO QUIT.

INSTEAD, HE BET EVERYTHING ON ONE FINAL LAUNCH. IF IT FAILED, SPACEX WAS DONE.

THE LAUNCH SUCCEEDED — AND CHANGED HISTORY.

TODAY, SPACEX IS WORTH OVER $1 TRILLION AND DOMINATES THE PRIVATE SPACE INDUSTRY.

MOST PEOPLE QUIT RIGHT BEFORE THEIR BREAKTHROUGH.

ELON KEPT GOING WHEN EVERYTHING WAS AGAINST HIM.

THAT’S THE DIFFERENCE BETWEEN SUCCESS AND ALMOST SUCCESS.

[Top Tier Hockey @TopTierPucks]

One of the most exciting Stanley Cup Finals this decade is live right now and for the past 2 weeks, all that anyone has been talking about is Edmonton

We don’t even make the finals and we’re still in every single headline. The league really revolves around the Oilers

[HFI Research @HFI_Research]

Since 2011, Cushing increased working capacity by 25 million bbls, which means the inventory level from 1990-2011 is no longer relevant because the floor for tank bottom increases.

As a result, my estimate for Cushing tank bottom is ~18 million bbls.

[David Staples @DavidStaplesYEG]

Defund the University of Alberta until it drops all racist and sexist hiring and promotion practices.

Why put up with racism and sexism in Alberta on your watch, @ABDanielleSmith?

Why put up with old and evil practices in their latest guise?

[The Buck You Will @TheBuckYouWill]

LOOK AROUND.

Just fucking look around.

CANADA IS UNRECOGNIZABLE.

You REALLY are not mad enough.

THE LIBERALS HAVE SOLD US OUT.

(And they must never be forgiven and constantly reminded that they are traitors and they are hated.)

[Heather Exner-Pirot @ExnerPirot]

Canadian oil sands are not “the highest carbon oil in the world”. We should wonder why so many in eastern Canada believe this, assert this, and seem to want it to be true.

[Ari Goldkind @AriGoldkind]

I’m old enough to remember when the killing of an on duty police officer would be national news.

Or at least headline news in Ontario.

Now it barely registers even a blip in our biggest newspaper.

Something is very wrong in our culture. https://t.co/BqIEL7gKc4

[Eric Nuttall @ericnuttall]

Few have seen more in their energy careers than Amos Hochstein, and his intimate familiarity with the US SPR makes this qualified comment so important to understand:

"I don't know anyone who believes [the US SPR] can go below 300MM barrels."

Sitting at 349MM Bbls and drawing ~8MM Bbls/week, the market essentially has 6 weeks of safety buffer left, reinforcing the point that the WH did not anticipate the Strait remaining closed for 100+ days and front-loaded all of their emergency measures. We are hurtling into the wall at 150mph yet the 37 proclamations of "imminent peace" has lulled Wall Street into a profound sense of complacency. All signs point to "critical" in July.

[HFI Research @HFI_Research]

API reported ~17 million bbl draw for crude.

EIA will be close to that figure. It would be either the 3rd, 4th, or 5th largest crude draw in history.

We will have had the largest, third largest, fourth largest, and fifth largest crude draw in history all happening inside a month.

If that’s not BACD, I don’t know what else is.

[Z4 Energy Research @ZmansEnrgyBrain]

Suppose I wanted to short WTI futures to suppress oil prices.

First, I'd need an absurd amount of capital ... think U.S. Treasury-sized cheddar.

Second, I'd want to stay out of the spotlight. If I routed the trades through swap dealers, the positions wouldn't show up under my name in the CFTC reports. They'd be more like stock held in street name.

The shorts would show up in the data, most likely under Swap Dealer positions, but the public wouldn't see who was behind them. They'd see the footprints but not the feet.

But someone is hugely short right now.

#OOTT

[Joshua Slykhuis @SlykhuisJoshua]

Since coming to power in 2015 the Liberals have appointed over 740 of our roughly 1000 federal judges, 7 of the 9 Supreme Court judges, and 100 of the 105 senators.

The government also pays roughly 30% of every reporter’s salary in Canada.

[Golden Hockey @GoldenHcky]

McDavid reached a whole new gear this season. #LetsGoOilers

[Murray Rothbard @MurraySuggests]

The Iranian navy, which has been destroyed eight times, has apparently closed the Strait of Hormuz again, because the United States, for the seventh time, won the war that wasn’t a war, so now the United States has to open the Strait of Hormuz that was already open before the not-war began.

The not-war began because Iran had uranium that was totally, completely, beautifully obliterated, so they can’t build the nuclear bomb they weren’t building, which is why the United States had to start the not-war it definitely didn’t start.

Now the United States, which has nuclear weapons, is threatening to use nuclear weapons to stop Iran from getting nuclear weapons, because nuclear weapons are far too dangerous for countries with nuclear weapons to allow other countries to have.

If the United States saw the United States doing what the United States does in other countries, the United States would invade the United States to liberate the United States from the tyranny of the United States.

[Great Canadian Moose @Great_Cdn_Moose]

The rupture is in our incompetent liberal government that has been spending an enormous amounts of money that we just don’t have!!!

This does not include the substantial luxury spending Mark Carney directs toward himself his frequent trips, first-class accommodations, and gourmet meals which are already estimated to run into the millions of dollars!

CANADA IS IN RECESSION.
HERE'S WHAT LIBERALS SPENT
OUR MONEY ON:

[The Husky @Mr_Husky1]

A 24-year-old Polish tennis player arrived in Paris last week ranked 114th in the world, with no sponsors, no guaranteed income, and no certainty she could even pay for her hotel room.

She had to win three qualifying matches just to enter the French Open main draw. Prize money is only paid at the end of the tournament, so a Polish sports drink brand quietly stepped in and covered her hotel bill.

Her name is Maja Chwalinska. And today, she plays in the French Open final.

Before this tournament, she had won exactly one Grand Slam main draw match in her entire career. She had battled depression so severe that in 2021 she couldn't get out of bed. She underwent knee surgery in 2022. She spent years grinding through small tournaments across Europe just to stay afloat.

Then she arrived in Paris, won three qualifiers, and kept winning. Zheng Qinwen. Elise Mertens. Maria Sakkari. Diana Shnaider. Nine straight matches. One set dropped.

She is now the first qualifier in French Open history to reach the final. The last time a qualifier reached a Grand Slam final, it was Emma Raducanu at the 2021 US Open. Raducanu won.

By simply making the final, Chwalinska has earned more prize money than her entire career combined. The runner-up cheque alone is $1.6 million. If she wins today, she takes home $3.25 million.
One week ago she couldn't pay for her hotel room.

[HFI Research @HFI_Research]

“Many observers have been surprised that Brent crude hasn't risen more; it averaged around $104 per barrel in May. 

But a look at prices in the context of commercial inventories shows there is a clear pattern. The two variables have a very high inverse correlation, and May’s average Brent crude oil price fit the historical trend.  

However, as Hamad Hussain at Capital Economics pointed out to Unhedged, if the supply shock continued and commercial inventories continued to fall at about 100mn barrels per month — as they did in April and May — oil prices could average between $130 and $140 per barrel in June, and possibly even higher.”

[SONS OF LIBERTY -MAGA MOVEMENT !!! @eagameover]

GOD BLESS YOU SIR 🫵🏻🫡
My respect 96 years .
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
AMERICAN MADE .

The GOAT !!

Clint Eastwood Said Something About Getting Old That Stopped Me Cold.
Aging is not gentle.
You are still here. Still present. Still watching the world move. But the body that carried you through everything - the wars, the work, the wildness of youth - begins to ask for more than you can give it. Joints that never complained now speak up in the morning. Eyes that once took in everything now flinch at the light. Breathing, which never required a single thought, starts needing little pauses.
But none of that is the hardest part.
The hardest part is the quiet.
At a certain age, you reach for the phone and remember there is no one left to call.
The people who knew you when you were young - who remembered the same summers, the same streets, the same faces
- are gone. One by one, then all at once, until the memories you carry have no one left to share them with.
So you tell the stories anyway.
To whoever will listen. With a little more color than perhaps the truth deserves. With a touch of pride you've earned and a grief you don't always name. You know the person across from you wasn't there. You know they can't quite feel it the way you do.
But you tell them. Because the telling is the holding on.
Those stories are not just memories. They are the proof that a life was lived. That people were loved. That things mattered.
And if no one asks for them - you offer them anyway, quietly, like setting something down on a table and hoping someone picks it up.
Old age is not simply what happens to a face or a body.
It is memory looking for a place to rest.
And what an older person needs - more than advice, more than solutions, more than someone telling them how to feel - is simply someone willing to sit down, be still, and listen.
Not to fix anything.
Just to be there.
That is the whole gift. And it costs nothing.
~Wild Whispers .

[HFI Research @HFI_Research]

Tank Bottom: Europe, Singapore next

[HFI Research @HFI_Research]

The Oil Market Has Never Been This Mispriced

https://t.co/ki0RdbSuRi

[Adam⛰️ @AssetTraveller]

Sheep getting ready to invest without care in the world for valuation