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re: Think I found the next LNG take off

Posted on 4/23/25 at 4:07 am to
Posted by LSURoss
Dragon Believer
Member since Dec 2007
16116 posts
Posted on 4/23/25 at 4:07 am to
I'm still buying. Average is now $9.60
Posted by omegaman66
greenwell springs
Member since Oct 2007
24790 posts
Posted on 4/23/25 at 6:09 am to
Risky in my opinion. The only reason this is even going on is the Ukraine war. There are cheaper option for Europe than buying LNG from the USA. They are only doing it because they hate russia. If the war in ukraine ends good luck.
Posted by L S Usetheforce
Member since Jun 2004
23129 posts
Posted on 4/23/25 at 9:54 am to
What does that have to do with their pipeline contracts? They seem to be more of an infrastructure play than an lng producer IMO.
This post was edited on 4/23/25 at 9:55 am
Posted by omegaman66
greenwell springs
Member since Oct 2007
24790 posts
Posted on 4/23/25 at 9:58 am to
quote:

What does that have to do with their pipeline contracts? They seem to be more of an infrastructure play than an lng producer IMO.


Then apparently nothing. I thought simply from the title that this was some LNG thing. My bad.

Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
8131 posts
Posted on 4/23/25 at 10:11 am to
quote:

I'm still buying. Average is now $9.60

If I took a position starting today, my average would be $8.92.
Posted by LSURoss
Dragon Believer
Member since Dec 2007
16116 posts
Posted on 4/23/25 at 10:32 am to
Cool.

I am not concerned about the short term. I have bought between $11.50 and $7.50.
Posted by L S Usetheforce
Member since Jun 2004
23129 posts
Posted on 4/23/25 at 1:34 pm to
But you said that LNG isn't really a thing in the USA once the Ukraine war ends.
Posted by omegaman66
greenwell springs
Member since Oct 2007
24790 posts
Posted on 4/23/25 at 1:54 pm to
quote:


But you said that LNG isn't really a thing in the USA once the Ukraine war ends.


Trump used his influence get Europe to buy LNG for us even though it is more expensive. Once the war in Ukraine is over Europe will start doing what makes economical sense. And US LNG isn't it.
Posted by L S Usetheforce
Member since Jun 2004
23129 posts
Posted on 4/23/25 at 2:36 pm to
You think the only place USA sends LNG is to Europe?
Posted by omegaman66
greenwell springs
Member since Oct 2007
24790 posts
Posted on 4/23/25 at 3:56 pm to
quote:

You think the only place USA sends LNG is to Europe?


Nope
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