Page 1 of 2 12 LastLast
Results 1 to 10 of 16

Thread: Sounds like a good time to invest in natural gas?

  1. #1

    Default Sounds like a good time to invest in natural gas?

    From Bloomberg news:

    https://www.bloomberg.com/news/artic...=pocket-newtab

    Sounds ominous. It's amazing how interconnected things are these days. The ripple effect can potentially become a tsunami.
    "It's the lure of easy money - It's got a very strong appeal." - Glenn Frey (The Smuggler's Blues)

    "A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned." - Thomas Jefferson

  2. #2

    Default

    Maybe ANY energy form
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  3. #3
    Join Date
    Jan 2010
    Posts
    13,310

    Default

    Quote Originally Posted by LeadHead View Post
    From Bloomberg news:

    https://www.bloomberg.com/news/artic...=pocket-newtab

    Sounds ominous. It's amazing how interconnected things are these days. The ripple effect can potentially become a tsunami.
    Perhaps?
    https://www.worldoil.com/news/2021/1...inter-forecast
    Who are the righteous? ....Markpti

    What value did Burisma think to gain by hiring Hunter Biden as a Board member vs ALL other choices?

    Those who cannot articulate the other argument do not fully understand their own argument.

    "Much can be done by wise legislation and by resolute enforcement of the law. But still much more must be done
    by steady training of the individual - in conscience and character...." .......T. Roosevelt

  4. #4

    Default

    Quote Originally Posted by Markpti View Post
    in north america, NG prices mainly dictated by US mid east weather.
    How cold canada is wouldn't change NG price much it seem
    IMO

  5. #5

    Default coal as china will back out of decarbonization

    https://www.tradingview.com/x/tnyWPygL/

    give it a wee bit. if oil breaks out...coal will too in Asia...for steel.

  6. #6

    Default

    I am looking at my November production breakdown and FWIW, 5.78 MCF of residue gas paid $27.27 yup these two wells are NOT screamers

    I do have data from other wells that are producing way more gas. they are paying better but still that is MILLION CUBIC FEET^^.
    Which brings me to question is that volume calculated at Atmosphere, or PSI, or PSIG.....never asked never knew.

    One thing, If the oil company did not punch a hole in the ground then go horizontal and then frac the production would be nearer to ZERO.
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  7. #7

    Default

    Quote Originally Posted by vertical1 View Post
    I am looking at my November production breakdown and FWIW, 5.78 MCF of residue gas paid $27.27 yup these two wells are NOT screamers

    I do have data from other wells that are producing way more gas. they are paying better but still that is MILLION CUBIC FEET^^.
    Which brings me to question is that volume calculated at Atmosphere, or PSI, or PSIG.....never asked never knew.

    One thing, If the oil company did not punch a hole in the ground then go horizontal and then frac the production would be nearer to ZERO.
    At STP 1 atmosphere, 60F

  8. #8

    Default

    Got a better well it is down a bit from the initial volumes but still a great producer. May of 2019 to Dec of 2021 it was doing the following....the oil pays better. have not been there since early on in it's life. It was held confidential prior to may of 2019....so anyone's guess
    Prod Oil Bbls>>>> Prod Gas Mcf >>>>> Prod Water Bbls
    257,142 >>>> 612,421 >>>> 234,160
    Last edited by vertical1; 02-08-2022 at 06:21 PM.
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  9. #9

    Default speaking of volume....UNG as a proxy for natural gas

    look at the VOLUME

    https://www.tradingview.com/x/YeEVIvZi/

    and just broke the 200 weekly.

  10. #10

    Default

    “I’ve been doing this 30 years and I’ve never seen markets like this,” Currie said in a Bloomberg TV interview. “This is a molecule crisis. We’re out of everything, I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it.”

    https://origin.bnn.ca/goldman-commod...e-it-1.1719384

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •