iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

WE’RE GOING FRACKING

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Or as Mrs. Fly likes to call it: “frack-a-ling.”

There isn’t anything more pleasing to me than to see tap water being able to combust, blowing up houses, sending people far away from their yards because, well, it’s a toxic wasteland.

Ladies and Gentlemen,

This is the price for progress. Do you want to continue buying oil from terrorists who are jealous of our surveilled freedoms? Or how about sucking off of the maple tits of those bastard Canadians from up north? You and I can both agree that both parties deserve a good nuclear war, or two.

My point is this:

US rig count is going higher, thanks to horizontal drilling. With increased fracking comes the burden of needing sand for said holes. This is a finite resource and SLCA is the main supplier. They have that crack rock for your frack.

On that note, I added to my energy holdings (FANG) and bought SLCA–for the win, of course. There are several other plays in the field, all of which were discussed by distinguished gentlemen inside of The PPT. We do not discuss serious matters of money with the readers on the free site. Membership does have its privileges.

Aside from that, I bought more ANGI and a little more HBI. I also sold out of WCC and find myself up 0.8% at the time of this post.

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38 comments

  1. snoozemr

    speaking of fracking, range traded PE
    PO until a few minutes ago. sold out at 22.24. took me 2.5 hours+ to make 3K.
    but now my stomach sick. I think I’ve lost my edge for the time being.

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  2. belzile

    Canadians are terrorists

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    • Dr. Fly

      They burned our fucking white house down.

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      • snoozemr

        I heard they are trying to build an underground terror pipeline right through our heartland. And also yes Subban and the rest of the Montreal Candians are f***ing Nazi thug terrorists. we shoud be up 3-0.

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      • jdf

        We were drunk when we burned that fucker down too. As for fracking, you retards do know that when you put the water into the ground it cannot be recovered right? And if you keep the waste water above ground it is very costly to desalinate? So, frack to your hearts content, especially in drought ridden areas….we will watch from the North and when the time comes we will sell you thirsty roaches your drinking water at twice the price of oil and you will thank us for it. Go long water stocks.

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        • snoozemr

          why do you godawful French Canadians name your boys Michelle?

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          • jdf

            I’m from the west, there is no excuse for naming the boys Michelle, although the beatings toughen them up. I do like Sam Adams – our micro brews here are quite good…..only foreign devils drink the swill beer of which you speak.

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  3. from gorby

    They didn’t like the colour

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  4. crimedog1976

    I love Maple syrup.

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  5. sloop

    As long as we have a terrorist in the White House masquerading as a president. You will not get any help in US oil production.

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    • sloop

      OR natural gas… You guys really don’t believe he’s the enemy yet!!! What’s it going to take?

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      • heaterman

        “Eyes but they see not, ears but they do not hear”.

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    • snoozemr

      are you Charles or David?

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  6. duckkell

    13 billion barrel over estimate of reserves in Monterey Shale..rut ro..so much for the projected US Energy Boom – so be nice to those Canucks, they do make pretty tasty beers eh??

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    • snoozemr

      can’t really think of many decent Canadian beers. Molson sucks. Labatt sucks. Schooner sucks. Moosehead – do they still make that crap? I’m sure there’s some decent ones perhaps but nothing. And now they own Coors. Freaking awful beers actually.

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      • jdf

        This from the land of Bud Light?

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        • snoozemr

          land of Sierra Nevada, Sam Adams nd Anchor Steam as I see it. Only foreigners drink Bud so far as I can tell. And it’s owned by the Dutch.

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      • duckkell

        ice cold molson canadien…pretty tasty

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  7. anton

    Referring to the process as “frack-a-ling” might soften media coverage of the industry. It would be like naming a blood-thirsty pit bull “Fluffy.”

    Who would ever believe that Fluffy ate somebody’s face off?

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    • snoozemr

      only if they tried to drink water straight out of the kitchen sink faucet.

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  8. crimedog1976

    That water pipeline will be handy one day…

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  9. crimedog1976

    Go habs Go,

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  10. jon v

    SLCA? Maybe 100% and 4 months ago.

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    • jon v

      it’s a great company just think we have a chance at a better entry.

      Speaking of ANGI…why them over YELP? YELP will be the next Google for local search.

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  11. og

    I remember this guy on Stocktwits. Getting sued by Facebook now. lol

    http://blogs.marketwatch.com/themargin/2014/05/23/facebook-sues-college-grad-emulating-wolf-of-wall-street/

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  12. bonobo smores

    It kind of balances out (but not really) You put the sand in for the frackling process, and you get massive amounts out in the Canadian tar sands petro mining process. In the long run the fracking process will be a bad trade off, sacrificing clean water acquifers for short term energy, imho.

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  13. heaterman

    It matters not. All is lost in ant event.
    A video of a collegial type graduation showed an interviewer asking graduates who Janet Yellen was.
    Many did not know. Some knew but were “hoping for someone like Tina Fey because I just want it to be entertaining”. None of those interviewed knew what the Federal Reserve actually does.

    These are people who vote.
    These are the people who will be running this country.
    …………..
    The rest of the way into the ground.

    Seriously.

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  14. og

    Really wish I wasn’t still holding TWTR…

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  15. one-eighty

    HCLP is doing very nicely for me in the frack-a-ling sand department.

    RE: Mega-swill Bud Lite owned by the Dutch. Keystone is being built by Canadians,(hopefully).
    The new Ambassador bridge in Detroit is being built by Canada, including all the approaches on both sides. And now the US Customs plaza may need to be built by Canada too.
    The US is so fucked. Stop having kids because you’ve strip mined the economy and left nothing for them. You are selling everything off and pissing away the money.
    Go Habs!!

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  16. budh

    Canada sends us all that cold air so we have to buy their fossil fuels to keep warm. It’s something of a commie plot.

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  17. jon v

    YELP looks ready to really rip higher. Talking my book of course.

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    • alty

      You’d think it was the Google of local search or something

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  18. it is showtime
    it is showtime

    Lowest volume since the 18th century

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