This is great two arctic blast heading our way
Those arctic blasts, Mr. Russell, may help you folks in more ways than you can imagine.
The New England electricity situation - supply wise - is extremely precarious and highly weather dependent, specifically in extended cold snaps.
The point to you folks, from me, is that Appalachian Basin development will be under severe stress from a wide array of political, ideological, and - sadly - governmental quarters for the foreseeable future.
The more you, collectively, learn how shunning hydrocarbons damages society - as Australia and New England have suffered - could go a long way in defeating your enemies in this arena.
Thanks coffeeguyzz I think you may be right. With as low as storage levels are the demand will increase will pressure the pricing
Anyone seeing any of this increase in your royalty payments? Gulfport seams to be stuck on $2.30
I’m sure the prices are a few months behind, Natural Gas hit $3.91 today, currently at $3.81. Its had a nice run up over the past week or so.
while it is good to see NG price up, it is the industry's view long term, that downward price pressure related to commodities production will remain. the big issue today is the global financial system post 2008. Fed off the accelerator [no more QE], Brexit contagion, oil price drop, trade tensions etc. some of us who have been at it awhile see an endless black hole under very thin ice. a NG price rise as a result of e&p liquidity problems , resulting in production declines, bears watching. pre programmed sell stops for all portfolios including mutual funds would be prudent. i do not know what will happen but i do know we are living in unprecedented financial times historically. central banks globally will not be effective in curbing the next financial event. when the big bear charges the next time, only a sickening "CLICK" will be heard globally.