"Balance Sheets tell more of a TRUE story than press releases ... A quick look leaves this Energy Investor UNimpressed . Seems like a lot of 'creative' Accounting occurring ... Illegal ? NO ... Shuffling of the deck ???? PS ,…"
"Most likely buyout ? As I have posted before CNX has got my vote for a merger or takeover .. Though anything is possible and suprises happen all the time . Who is the most likely to eye CNX ? AR , RRC , EQT , SWN , take your pick . Currently…"
"Utes will be switching to more N Gas as gas prices decline .. Gas hit 3.57 yesterday , there comes a point where Gas becomes very Investable again . The major demand increases will be LNG exports , conversely my home State will be banning any new N…"
"Europe has been very warm . Looking to 2025 , there will be a handful of new LNG export plants online . Demand will rise another 5 B's or so . The next question is will PA marcellus benefit ? With all its surrounding States anti pipeline…"
"Things will be tight going forward .. N gas near $3.55 this morning , breakevens for many in the low $3's ... Now add INFLATION to drill a well and lay down pipe .. Where is the 'new' breakeven now ? "
"I am not suggesting more production .. Just the opposite , restraint of production is needed ... At $9 gas , every old gas well is reopened , every dollar private produccers have gets reinvested .. hence increasing production .. Who is my #1…"
"Profits in producers are being destroyed .. Producers increasing production , warm weather , here and in Europe , and LNG export plant down are all contributing factors ... First time in over 20 plus years , 90% into T Bills and OUT of Energy .…"
"Good point about the Steam heat to all those NYC skyscrapers .
Mostly out of N Gas as of now , the producers keep increasing production , hence driving down spot prices ... Own a couple of pipeliners , light on producers "
"Paleface , they are building windmills offshore of Long Beach NY . I guess nobody told them Wind power is only available 50% of the time .. Ever drive by NYC at night , the lights are impressive .. I often wonder on those 95 degree ,windless…"
"Great Christmas with our Kids and others . Hope yours was good as well .. Our N Gas provider here on LI sent out urgent text messages yesterday to reduce home heating temps due to LOW gas supplies ... What a JOKE ... All the N Gas ever needed…"
"Merry Christmas to this small group of posters . This Energy Investor from Long Island , wishes you a healthy / happy New Year .... You all should be proud of your region that produces clean , cheap energy for our people . "
Maybe I mistook Granddad as you. I am still trying to re-read to understand who is who. The father reigned NY for decades, now we are under the diaper. I could not allow myself to use the word “served”, as we were not served; but rather reigned.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]