Slow forward the NorseSpotting to 25-years-later of Twin Peaks' Season 3, we see Dougie Jones-addled Dale Cooper toddling into The Silver Mustang Casino to behold the flames with the Black Lodge within them hovering over all the slot machines that are about to pay out.
In European folklore, there's stories of foxfires/ignis fatuus/will-o'-the-wisps that can indicate the location of buried treasure, and specifically in the Icelandic Grettir's Saga:
Now one night very late, as Grettir made ready to go home, he saw a great fire burst out on a ness to the north of Audun's farm. Grettir asked what new thing this might be. Audun said that he need be in no haste to know that.
"It would be said," quoth Grettir, "if that were seen in our land, that the flame burned above hid treasure."
~ Grettir's Saga, ch18
Grettir, also being a hero who confronts undead draugr, could perhaps be an influence for Cooper who is essentially hunting otherworldly monsters to protect Midgardian man from further murders & incursions.
While there are wise jötnar with pre-Godly knowledge (Mímir, Vafþrúðnir), there's also folkloric accounts of slow giants being tricked by cobblers and outsmarted by heroes with rather unornamented deceptions. This begs the question: Why does the giant jötunnesque Fireman pick Andy of all the far more competent law enforcement party to take to The White Lodge and assign him such serious responsibilities toward ensuring the outcomes of Season 3? It may be Andy's nobility's born of his mental simplicity, but just maybe he's a descendant of the Fireman. After all, if Mr C can produce his angry seed Richard Horne (and perhaps this is Loki siring a monster), and Dougie Jones can father smiling Sonny Jim, then it stands to reason the Fireman can both metaphysically "conceive" Laura Palmer and possibly have had a physical past with an ancestral Brennan (which means "little raven"[!]) to long game plan Andy's problem solving role in the further future, exhibiting his height from his jötnar blood.
Appearing in S3 we also get a second bad dwarf, Ike "The Spike" Stadtler, a hitman who seems to relish using an ice pick to kill his marks and anyone else who gets in his way to and from them. In the narrative of the Mead Of Poetry from Skáldskaparmál, there appear two dwarves who seem to relish killing, Fjalarr & Galarr. Most horribly they kill Kvasir, the Æsir & Vanir co-created being that is pricelessly able to answer all questions. In both The Man From Another Place and Ike's purpose in trapping/killing Dale, we have spiteful dwarves who want to stop a tireless investigator from answering all questions.
And the prevalence of the in/visible Woodsmen strongly evoke the Svartálfar with their coal dark skin and malign actions. Much like a larger-on-the-inside elf rock, the fenced off area where Bill Hastings leads the FBI investigation to has extra-dimensional aspects with extra-temporal time-dilating qualities that kept Major Briggs in his late 40s when his body should've age-wise been in his 70s outside that dark elf zone.
In the mind-blowing S3's episode 8, the Woodsmen block highway traffic and then proceed to take over the adjacent radio station with a sleep inducing svefngaldr incantation:
"This is the water, and this is the well. Drink full and descend. The horse is the white of the eyes, and dark within."
James Frazer's The Golden Bough (1890 CE) cites that drinks from sacred springs impart prophetic powers, which is both Odin sacrificing an eye into Mímisbrunnr to take his knowledge winning draught and perhaps Dale's self-treat and investigatory fuel of "damn good coffee" to make his intuitive connections that seem to be beyond the reach of normal logic.
Also applying to this repetitive litany, there's the cyclical model presented in Bauschatz' The Well and the Tree: World and Time in Early Germanic Culture (1982 CE) where the idea of the Well of Urðr (Urðarbrunnr) has the fate (wyrd) and consequences of that fate's actions (orlæg) watering the world tree Yggdrasil, a name that can be translated as "Terrifier-Horse", which drinks those aspects and then carries that watery nourishment's elements to manifest out into The Nine Worlds, that loaded water also then dripping from those branches back down into the well.

These wells in the Norse Lore are also reflected in Twin Peaks. The pool of burnt oil marks the entrance to the Black Lodge, while the pool of what appears to be golden oil marks the vortex portal entrance to the White Lodge by Jack Rabbit's Palace.
There's a mysterious moment in the Norse Lore where Odin whispers something only he knows into his dead son Baldr's ear. The parallel between Dale & Baldr has already been commented on by NorsePlay, and to add to this there's the S3 moment where black dressed Laura leans down to whisper into Dale's ear, but only they know what was said.
If we NorsePlay the Norse Lore functionally, Odin would've told Baldr the necromantic secret of how to return from Hel after Ragnarök. If we apply this to Twin Peaks, then Laura must tell Dale how to escape the Black Lodge (again).
While this series of NorseSpotting in Twin Peaks blogs has been pretty insightful & exhaustive, given the deep well of dream visions within the show there's possibly something I've missed, so do mention it in the comments below.
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Guillermo Maytorena IV knew there was something special in the Norse Lore when he picked up a copy of the d'Aulaires' Norse Gods and Giants at age seven. Since then he's been fascinated by the truthful potency of Norse Mythology, passionately read & studied, embraced Ásatrú, launched the Map of Midgard project, and spearheaded the neologism/brand NorsePlay. If you have employment/opportunities in investigative mythology, field research, or product development to offer, do contact him.
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