activescott's Notes

Directions

Set the Egg for indirect cooking with a convEGGtor at 250°F/121°C Bring the ribeyes to room temperature and season all sides liberally with Big Green Egg Classic Steakhouse Seasoning or salt and pepper. Cook indirectly until internal temperature is 120°F/49°C. Set the Egg for direct cooking without a convEGGtor at 550°F/288°C. Sear each side of the steak for 1 minute. Remove the steak from the Egg when the internal temperature reaches 135°F. Smear the steak with herb butter (we used Roasted Garlic, Basil & Parsley Banner Butter) and let rest for 10 minutes. Slice and enjoy.

The consequences of getting caught in this expanding digital cage can be dire. In rural China, a family’s home is ringed by security cameras that alert authorities whenever they try to go to Beijing to complain about local officials. Near San Antonio, a driver is stopped as part of a secretive U.S. Border Patrol program that uses license plate readers to monitor millions of drivers and detain those whose travel patterns are deemed suspicious. In Gaza, AI-powered technology helps the Israeli military decide who to kill.

Trump’s higher tariffs are certainly raising money. They’ve raked in more than $236 billion this year through November — much more than in years past. But they still account for just a fraction of the federal government’s total revenue. And they haven’t raised nearly enough to justify the president’s claim that tariff revenue could replace federal income taxes — or allow for windfall dividend checks for Americans.

The U.S. trade deficit, meanwhile, has fallen significantly since the start of the year. The trade gap peaked to a monthly record of $136.4 billion in March, as consumers and businesses hurried to import foreign products before Trump could impose his tariffs on them. The trade gap narrowed to $52.8 billion in September, the latest month for which data is available.

Karpenter observes the aggregate resource requests of unscheduled pods and makes decisions to launch and terminate nodes to minimize scheduling latencies and infrastructure cost.

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While Amazon pays more commission for PC components like motherboards, graphics cards, and CPUs (2.5% compared to Newegg’s 1% or 0.5% for ‘returning customers’) Newegg also offers their publishers better rates based on publisher type, such as Editorial or Content Creator. Additionally, Newegg offers a 7 day attribution window, which is much more flexible than Amazon’s 24hr window.

The Grafana Kubernetes Monitoring Helm chart deploys a complete monitoring solution for your Cluster and applications running within it. The chart installs systems, such as Node Exporter and Grafana Alloy Operator, along with their configuration to make these systems run. These elements are kept up to date in the Kubernetes Monitoring Helm chart with a dependency updating system to ensure that the latest versions are used.

OpenCost is a vendor-neutral open source project for measuring and allocating cloud infrastructure and container costs in real time. Built by Kubernetes experts and supported by Kubernetes practitioners, OpenCost shines a light into the black box of Kubernetes spend.

Tech companies have moved more than $120bn of data centre spending off their balance sheets using special purpose vehicles funded by Wall Street investors, adding to concerns about the financial risks of their huge bet on artificial intelligence.

Meta in October completed the largest private credit data centre deal, a $30bn agreement for its proposed Hyperion facility in Louisiana that created an SPV called Beignet Investor with New York financing firm Blue Owl Capital.

The SPV raised $30bn, including about $27bn of loans from Pimco, BlackRock, Apollo and others, as well as $3bn in equity from Blue Owl.

You should either put chains on the Rear, or on BOTH front and rear. This is something I learned when first driving a front-wheel drive car. If you put chains only on the front and then you put on the brakes your rear wheels will have little control and can easily cause you to spin around. Having chains on the rear wheels provides a safe stop, slowing the rear of your vehicle and allowing the front to stay pointing forward.

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I don't know if it is intentional or not, but this appears to be misrepresentation of the situation. The "truck to transport supplies to a well" is not an operating cost. It's a capital expense since it is expense directly going into creating a long-term, income-producing asset (the well). Sticking with his fast-food example, "trucking ingredients from a distributor to the restaurant" to be eaten by patrons in a couple days is most certainly not a long-term, income-producing asset, so it is an operating cost.

Contrasting the expenses included in “intangible drilling costs” with intangible assets shows how intangible is a misnomer in the case of IDCs. An oil producer hiring a truck to transport supplies to a well is clearly not analogous to, say, a company buying up the intellectual property rights to a beloved children’s cartoon character, or the trademark of a fast-food brand. To stick with the fast-food company example, the analogous cost to trucking supplies to an oil well would be trucking ingredients from a distributor to the restaurant—an everyday operating cost of doing business.

Intangible drilling costs are called “intangible” to distinguish them from tangible drilling costs, namely drilling equipment, but it would be more accurate to call IDCs operating drilling costs. Allowing companies to fully expense operating costs is an uncontroversial feature of the tax code across industries, and IDCs are just how operating costs are categorized in the context of oil and gas extraction.

Over the past century, the federal government has pumped more than $470 billion into the oil and gas industry in the form of generous, never-expiring tax breaks. How it all got started:

2013 Despite talk of everything being “on the table,” oil’s tax perks survive the fiscal-cliff negotiations. Congressional Democrats introduce five bills targeting tax giveaways for oil and gas companies. Their death is all but assured, especially in the Republican-controlled House. In April, Obama introduces his 2014 budget, which includes $23 billion for renewable energy and energy efficiency over 10 years and permanent tax cuts for renewable power generation. It also would end “inefficient fossil fuel subsidies.” In contrast, the gop budget proposed by Wisconsin Rep. Paul Ryan targets “federal intervention and corporate-welfare spending” by cutting subsidies for renewables. Tax breaks for oil are left untouched.

The oil depletion allowance in American (US) tax law is a tax break claimable by anyone with an economic interest in a mineral deposit or standing timber. The principle is that the asset is a capital investment that is a wasting asset, and therefore depreciation can reasonably be offset (effectively as a capital loss) against income.

The allowance encouraged people who were taxed at a high marginal rate to invest in, perhaps risky, oil ventures. If the venture failed, then the costs would effectively reduce income, so the effective loss at a 90% marginal rate would only be 10% of the actual investment. Conversely if the venture was successful, an amount up to initial investment (under cost depletion, see below) would be tax free. Under the percentage depletion method the amount could potentially be even greater. The oil depletion allowance has been subject of interest because one method (percentage depletion) of claiming the allowance makes it possible to write off more than the whole capital cost of the asset.

Percentage depletion: With this method, a fixed percentage of the gross income is treated as deductible. The percentage is dependent on the nature of the resource being extracted. It is possible under this scheme for the total deductibles (or indeed the annual deductible) to exceed the original capital investment.

Over the nine decades of its existence since 1916, the oil depletion allowance has benefitted oil companies and the petrochemical industry by more than $470 billion as of 2014, everything else being equal.

Federal tax concessions for oil and gas are the largest of all incentives, amounting to over 70 per- cent of all tax-related allowances for energy. Regulation of prices on oil for stripper wells or new wells, and related incentives, comprises the second largest amount of incentives aimed at a partic- ular energy type. In the R&D category, nuclear energy received about 45 percent of the expenditures since 1950, coal about 23 percent, and renewables about 17 percent of the total. Some additional observations on the data:  Oil and gas received 54 percent ($554 billion) of federal spending to support energy since 1950. Oil alone received three-fourths ($414 billion) of this amount.