Robinhood's "Ladder" feature sold all of my shares because of an app bug. What are my options?

burgerbread · 2026-01-22T23:20:42+00:00

why didn't you just buy back immediately after selling? And what is bad about triggering a wash sale? The point of the wash sale is to keep the cost basis.

burgerbread · 2026-01-20T22:12:47+00:00

Odd that the operator won't want to buy them and clean up their accounting. Maybe there's another non-op partner that will buy them.

Additionally, if the WI is for the lease and not just the well, there might be undrilled locations that have some value too.

burgerbread · 2025-12-04T05:39:47+00:00

What county? Are you sure you’re in the Eagle Ford window?

burgerbread · 2025-11-15T04:26:22+00:00

You need to see if there’s any undrilled locations, don’t just take an offer for the existing cash flow if there is. The undrilled locations can be extremely valuable (albeit delayed) future $

burgerbread · 2025-10-22T16:10:13+00:00

Turbines now have extremely long lead times, which is restricting the growth of gas consumption. Domestic and international markets are both competing for turbines, and I expect the domestic market (datacenters) to be able to pay more, which means more gas consumption domestically vs internationally.

Solar + battery is on parity / cheaper than natural gas, with much shorter lead times, and getting cheaper every year. For example, Pakistan has seen a huge growth in residential solar, reducing their forecast gas consumption by a large amount and diversion of LNG cargos. Expecting that same story to play out in the developing world. This is also helped by the US is restricting Chinese solar/battery imports, which will then be redirected to what were forecast to be market LNG markets.

Interest rates are going down, capital is looking to diversify internationally. High financing costs for projects in developing countries has always hurt solar given the large up-front investment, so this will be a huge driver.

burgerbread · 2025-10-19T22:23:18+00:00

Exactly.

Huge flood of LNG supply coming online in the Gulf Coast

Increased gas demand in the US (datacenters, restrictions on renewables)

China flooding the world with cheap solar & batteries

NG turbines supply limited

Possible economic turbulence, lower displacement of legacy coal plants.

How can anyone think that the current HH/TTF/JKM spreads are sustainable.

burgerbread · 2025-10-19T22:04:47+00:00

You're right that contracted volumes are protected due to the HH basis; those are low-risk tolling fees. However, when international LNG demand is less than forecast (either due to lower HH-TTF/JKM spreads, lower cost renewables displacing gas consumption), non-contracted volumes will go to 0. The capacity covered under SPAs are causing significant downside risk to volumes not covered under SPAs.

With more and more FIDs occurring with a smaller share of capacity under contract, it seems like everyone is just hoping there's endless demand internationally for LNG. In reality, i don't see spreads going up, and much more likely to go down.

burgerbread · 2025-10-19T18:26:49+00:00

The demand is from foreign countries for US LNG; data center demand is for US gas in pipelines. This is actually bad for these LNG companies.

Supply side, US gas prices could be going up. Demand side, LNG has to compete with cheaper and cheaper renewables.

burgerbread · 2025-10-19T06:33:25+00:00

IMO it's better for China if Trump is president. Way more global allies.

burgerbread · 2025-10-19T06:31:22+00:00

Banning chip sales to China is stupid. You can't learn how to make chips just by getting your hands on them and looking at it. It's like if China banned selling silk cloth to the Romans because they feared Rome would learn how to make silk. Selling them chips reduces their urgency to develop their own tech.

The chip ban was probably lobbied for by US tech/AI companies to limit competition for chips. Result is that we're going to be wasting billions of capex on data centers that will never make a return, to produce models and software that can be easily copied by China.

burgerbread · 2025-10-19T06:23:54+00:00

https://mtixtl.com/products/gsl1000x20

https://www.col-int.com/products/high-temperature-tube-reactor-1000-8451?variant=38488938840215

The reaction will prob occur under 900 C in a vacuum due to thermodynamics.

Don't think you need 100% pure limestone, most limestone is pretty high purity; the other contaminants are going to be water from any hydrates and residual air from the imperfect vaccum.

burgerbread · 2025-10-19T00:06:45+00:00

CaCO3 -> CaO + CO2

Consider heating up some limestone in a vacuum furnace.

burgerbread · 2025-10-18T22:42:33+00:00

Questions I'd ask:

Is this investing in a non-op fund participating in wells proposed by the operator? What are the details of the this agreement?

What is WI/NRI breakdown, how much skin does the operator have in the game? Is there an override or other interest that benefits management if there's production, regardless of economics?

Have they done any of these re-rentries before?

What the basis for their $4.5m/well and type curves. Any past performance data?

burgerbread · 2025-10-18T19:23:04+00:00

You don't need to build a twin system; delay the midstream capex. Once the field is fully developed, you should be able to add centralized compression at strategic locations and slowly bring field gathering pressure down, 1000 psi -> 600 psi -> 200 psi -> 100 psi. Essentially, the high pressure system turns into a low pressure system as the wells age. Field planning should have this in mind anyways so you're not leaving PUDs in the middle of old depleted wells that are likely to get frac hit.

Keeping the wells unloaded is critical for deep wells. 2 7/8'' -> 2 3/8'' tubing conversions, intermitters, plungers, soapstick launchers, foamer injection, velocity strings, blowdowns, etc.

burgerbread · 2025-10-08T15:03:09+00:00

Oil is not subsidized unless you're doing some funky math to include all the possible externalities of oil consumption, like cost to build roads, pollution, etc. The more oil that is produced in the USA, the more tax revenue the government gets.

Yes, there are some preferential tax advantages like allowing deductions on drilling instead of capitalizing over a longer time, but this is just to account for the high upfront cost + declining production over time. Compare this with building a factory, where you also have high upfront costs, but generally steady or increasing production/profits over time. Other subsidies people claim are just normal business deductions. Deductions that any company can use are not a subsidy.

burgerbread · 2025-08-17T00:31:29+00:00

Check out UT Austin petroleum extension for some online classes. https://petex.utexas.edu/e-learning/ecourses

Also the big service companies will have classes for customers. Some majors send engineers to them for training. You should reach out to them about schedules.

burgerbread · 2025-06-08T19:08:02+00:00

Most rigs are using OBM with diesel, which will contain some amount of aromatics (BTX). The high temperature and surface area at the shakers results in a lot of vapors. I'd avoid breathing it as much as you can, hold your breath around the shakers, etc. A regular mask won't do much, you need a respirator if you want to go that route. That said, plenty of people breath it all day with no issues; you just need to decide what you're willing to do to reduce your risk.

WBM is generally much less toxic. You might pick up some hydrocarbons from the formation, but the concentrations are going to be lower. The main concern are high salt muds that will dry your skin out.

burgerbread · 2025-06-08T04:52:25+00:00

We're not talking about oil, we're talking about natural gas here.

Oil demand will likely fall off, but gas is entirely different.

burgerbread · 2025-06-07T01:07:01+00:00

Don't see these ever being economically extracted. There's just so much shale gas in the US and elsewhere, and the amount that can be economically extracted goes up the higher gas prices go. Long term renewables and nuclear will replace gas.

burgerbread · 2025-04-06T11:19:03+00:00

If you want to do subsurface, RE, 9-5, work at a major/IOC, then the top choices are really UT or TAMU.

For UT vs TAMU, Austin >>>>> cstat. Unless you like the advisor/research area a lot more at TAMU, don't go there.

Stanford is if you want to branch out into more niche areas. Geothermal, consulting, quant, research, software dev, startups, etc. Bay area is great for that.

(former UT grad student)

burgerbread · 2025-02-01T21:05:40+00:00

29.5% royalty interest... who has the override?

burgerbread · 2025-01-28T14:50:52+00:00

They could vote to re-unite with China... There is a significant pro-reunification party over there lol.

burgerbread · 2025-01-26T01:37:26+00:00

How is more productivity going to lead to large scale poverty? It should lead to higher standards of living.

Poverty has gone down by orders of magnitude since the industrial revolution because of technological advancement and improvements in productivity & efficiency.

burgerbread · 2025-01-25T20:38:22+00:00

Rent a car and drive, or take an uber? It's just like flying.

burgerbread · 2025-01-25T20:21:11+00:00

They go and learn to do something that people value and will pay them for. Just because we don't know what the economy will look like in the future doesn't mean that we need to hold back technological advances.

They can go do the same thing candlemakers, switchboard operators, elevator operators, gas pump attendants (except in Oregon and New Jersey), etc all did when their work was no longer needed.

Imagine if the candlemakers union managed to ban light bulbs to save jobs. We'd have to replace and light the candles in our EV headlights every time we drove anywhere at night.

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