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Natural gas prices are rising and could be the most expensive in 13 years this winter
Posted on 9/9/21 at 8:10 pm
Posted on 9/9/21 at 8:10 pm
LINK
quote:
Natural gas prices have doubled this year and are expected to continue to rise, resulting in larger winter heating bills for some consumers and higher costs for electric utilities.
Natural gas is plentiful in the United States and has been cheap for years, so the jump in prices this year is eye popping. It has also lifted the shares of companies that specialize in natural gas production, like EQT, Range Resources, Cabot Oil and Gas and Antero Resources.
quote:
“We haven’t had tight supplies of natural gas in years. We’re staring that down this year,” said John Kilduff, partner with Again Capital.
quote:
Natural gas prices are flaring as the Biden Administration is pressing for higher dependence on renewable energy in the electricity market. On Wednesday, the White House called for solar energy to power nearly half the electric grid by 2050. It is now just 3% of the power supply.
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Posted on 9/9/21 at 8:12 pm to WPBTiger
Good. Stolen elections have consequences.
Posted on 9/9/21 at 8:12 pm to WPBTiger
*not to be included in inflation calculations.
Posted on 9/9/21 at 8:13 pm to WPBTiger
Good thing I went heavy in O&G when the market took a shite last year. 
Posted on 9/9/21 at 8:35 pm to Bard
Any good plays that are actually producing gas
Don’t fricking say TeLl
Don’t fricking say TeLl
Posted on 9/9/21 at 8:37 pm to WPBTiger
Haynesville shale about to eat again. 
Posted on 9/9/21 at 8:39 pm to loogaroo
Being in the gas business going to be the best winter in years. On the other side there will be some consumers who eat some real pain, especially Europe.
Posted on 9/9/21 at 8:40 pm to WPBTiger
Good. Let the Yankees freeze.
Posted on 9/9/21 at 8:40 pm to WPBTiger
quote:
On Wednesday, the White House called for solar energy to power nearly half the electric grid by 2050. It is now just 3% of the power supply.
If you had a 100% solar grid you still need a 90% backup ready to roll up in a few minutes, they're literally retarded
Posted on 9/9/21 at 8:41 pm to TigerDog83
Putin finna eat
Posted on 9/9/21 at 8:41 pm to WPBTiger
Is BOIL becoming predictable again?
Posted on 9/9/21 at 8:42 pm to Bard
quote:
Good thing I went heavy in O&G when the market took a shite last year.
Me too.
Some idiot on here laughed at me when I bought Southwestern Energy under 1.40. “Days goin baankrupptt”
$5.14 end of day today. I’ll wear an ole miss hat to the next egg bowl if it isn’t 6.50 by February.
Bought Transocean, Cabot, and Halliburton too.
This post was edited on 9/9/21 at 8:44 pm
Posted on 9/9/21 at 8:52 pm to CleverUserName
quote:Heh,
Me too.
Some idiot on here laughed at me when I bought Southwestern Energy under 1.40. “Days goin baankrupptt”
$5.14 end of day today. I’ll wear an ole miss hat to the next egg bowl if it isn’t 6.50 by February.
Bought Transocean, Cabot, and Halliburton too.
Mom's monthly royalty check, now that they finished fracking in the area, has gone from 2 digits and change to having a comma. If it only continues without increasing she's looking at an easy $100k/year predicted to last to 2035 at the least.
Posted on 9/9/21 at 8:54 pm to WPBTiger
Cool, I'd like to start getting those mailbox checks again.
Posted on 9/9/21 at 8:59 pm to WPBTiger
Get woke, go broke. America is going down. fricking progressives suck the life out of everything.
Posted on 9/9/21 at 9:08 pm to WPBTiger
Just like everything else under biden. What's new?
Posted on 9/9/21 at 10:22 pm to CleverUserName
I snagged a bunch of XOM at $35. I may never sell it.
Posted on 9/9/21 at 11:01 pm to WPBTiger
Build back better!
Posted on 9/9/21 at 11:06 pm to Bard
Won’t have to sell it if the government confiscates the stock first. Or outright nationalizes Exxon.
Posted on 9/9/21 at 11:15 pm to loogaroo
quote:
Haynesville shale about to eat again
Got three wells in our unit producing, four more permitted, it’s starting too look like a great Christmas.
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