Easycfp

My next new series

Revisado: 11-26-24

I'm very pleased to have found this book. Somehow Audible suggested it based on my reading patter, and I'm glad it did. Well-developed characters in a tangle of affairs trying to prevent Armageddon. I'm usually a series reader, but it can be tough to find authors worthy of reading several times, Mr. Herzog is just such a man, Jay Myers is an excellent reader. With 1000 books in my library, it's surprising not to have listened to him before.

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Couldn’t get more than one-third through it. It may be good, but I’ll never know.

Revisado: 11-11-24

Boring 15 word minimum boring Boring 15 word minimum boring Boring 15 word minimum boring 7 unique words that you have no clue what you want

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Might be my favorite John Milton

Revisado: 09-15-23

Taking place in St Louis with 3 mortal enemies in pursuit and a sympathetic young man in the crosshairs, John once again rises to the occasion and gives it his best go. Very entertaining. David Thorpe certainly has a knack for accents and tonalities, making it an easy listen.

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FRACKING!!!

Revisado: 08-29-22

The writer seems to believe the anti-fracking organizations out there. In my opinion this is counterproductive. Subsurface activity is isolated by 1-2 miles of solid rock, steel and cement from terrestrial life. Engineers have been using hydraulic fracturing for 80 years to produce gas and oil from tight (porous, but impermeable) sandstones. After horizontal drilling was perfected in recent decades, the technology has been applied to vastly more productive shale formations. It has allowed the doubling of US petroleum production to 18 million barrels of oil equivalent per day. In support of their position, anti-frackers produced two motion pictures that were box-office bombs, Gasland and Promised Land. If you can listen to a book in which one of the lead characters under the spell of this ideology, be my guest. I'd pass.

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Journalism, not analysis

Revisado: 02-09-22

This provides a reasonable history of the post-war Fed, which was worth the credit. Judging from the topics and interpretations provided, it contains a fair amount of opinion couched as fact. A lot is told from the perspective of Thomas Hoenig, a retired Fed governor. Both he and the author come from KC. It was hard to overlook the fact that the author does not know that a 10-year UST obligation is not a "bill." It is a "note" or a "bond." It could drive you a little nuts hearing the "10-year T-bill" phrase over and over. A bill is a security sold at a discount that matures at face value, the difference being the investor's return. The 90-day bill is most common, and 100s of billions are traded each day, T-notes and T-bonds are issued at par. It is basic stuff. Where was the editor?

A second item that triggered the bs meter was when he explained bond pricing, he said that a bond priced at 95 has roughly that likelihood of being repaid at maturity. OMG. I assume he left out the yield curve, bond ratings and liquidity for space, but this explanation is just wrong.

The author's credibility in question, I found myself awaiting any meaningful
conclusions in a final chapter, but none came.

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Very well done

Revisado: 11-24-21

Mr. Eskens once again provides a terrific novel that doesn't wander off into the weeds unnecessarily. The cast of three readers was a brilliant idea as the story is told from their different perspectives. I've enjoyed Eskens' last seven novels, but this one might be his very best.

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A little too "science-fictiony" for my taste

Revisado: 06-05-21

It's not a bad book, but about halfway through you realize that a lot of license will be taken with reality. A lot of time is spent with nanotechnology, which I thought was going to be virology and genetic engineering, but it went a lot farther. Might be good for many people, just not me.

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Great insights

Revisado: 10-22-19

I enjoyed the book a great deal, so much so that I could ignore the many mispronunciations by the reader. She had a great voice and presence, but needed help with some words and names that weren’t in her daily vocabulary.

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But wait, there's more!

Revisado: 05-25-19

I found myself thinking that periodically as our hero moved on to another chapter in his amazing life! I had no idea that such a giant of a man had lived and eventually come to America to have such an influence on our mid-19th century. You owe it to yourself to read this account of his life. From the great famine to the penal colony of Tasmania to the brigadier general commander of the Irish regiment (which had a 50% casualty rate, an abiding friendship with President Lincoln. One would have thought that all Irish immigrants would have identified at least a little with the African American slaves who, like their own people, had been enslaved for centuries by a technologically superior nation. But that was not the case. How Thomas Meagher walked the fine line between those two camps as breathtaking. Mr. Doyle's outstanding reading made the book a special treat.

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A super-sized editorial

Revisado: 10-05-18

There's a lot not to like about this book. If you accept that it has an agenda, it's tolerable.

Here's a paraphrase from the book to illustrate the point.

"Industry should consider environmental regulations as dual purpose; they both protect the environment and help companies maintain the social license to operate. Happily a number of initiatives have identified a number of best practices that can help ensure the development of tight oil and gas in a sustainable way."

According to the author, Michael Porter of HBS said that these practices would only cost a nominal amount, 1-2% of the lifetime revenues of the well, less than the average daily change of the spot price at the Henry Hub. Unfortunately the lifetime revenues of the well are realized over 25-plus years, not Immediately, when the cost of these practices would be borne by the oil company.

Consider a Bakken well in North Dakota. It might cost about $5 million to drill and complete. The average flow for the first 3 years should be 1,000 barrels a day. Production thereafter will diminish so sharply that about half the oil the well will ever produce will come during these first few years. At $70/bbl the well could be expected to yield $75 million of revenue during these 3 years, and another over the next two-plus decades. If it costs 1.5% of lifetime revenues for these practices, they would add $2.25 million to the cost of the well--an increase of 45% in the cost to drill it. It sounds reasonable the way Porter describes it, but is it?

By the way, daily fluctuations in Henry Hub spot price are irrelevant. They move the price both up and down, alternately hurting and helping the producer. Costs only hurt.

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