whikyncoke

The purpose of it is about like having to wear a seatbelt, useless most of the time, only useful in emergency, and may not save you if you get in a wreck but you’d probably have it rather than not.

But sure you can use it whenever you feel like lowering prices for a few months, but you also have to have bought it in the past to sell it now, so you raised prices then to lower them now so it’s a net wash because there’s no bbl creation by the govt. There hasn’t been warnings that gas won’t be available in the last 18 months so there was no emergency to use if for.

But now we’re at $90/bbl making as much as we ever have and using as much as we ever have without a seatbelt.

That’s not stored CO2, it’s a big gas field that makes natural CO2 similar to the ones Kinder and Exxon have… if anyone is wondering nature has stored CO2 in the ground safely for millions of years

NG Prices are starting to get more global by the year the more LNG we build which is why we’re at $8/mcf now, but it’s always cheaper to live where it’s produced. If I had to guess we’ll eventually build out too much LNG and some other supply will come on and crash the incentives to build more… likely right after the “more” is built

Yea the only real short term bull gas case is how quickly does the demand rebound which its starting to vs drilling lag based on how cash strapped the companies that own the Marcellus/Haynesville are but if there is a run up it’ll be short lived unless India starts using propane instead of wood to cook

The US is down 2 mmbo/d YoY don’t think it’s going to get back to 12-13 mmbo anytime soon with most of production coming from high decline shale a lot of which were uneconomical

Really the US oil industry has been the largest most effective non-profit organization as far as benefiting the public with low energy prices

Russia is upset partly because of the geopolitical aspects, the US has power to levy sanctions because of “near” energy independence. We’ve levied sanctions against their biggest oil company, also on Venezuela and Iran. A big reason reason we can do that is because we have record production here in the US, they want to take that power.

Mine out of LUV got cancelled, there’ll be at least one empty Seat in the stadium

Currently sitting on a plane at LUV, can’t leave til they get power.

Short it, tastes like dog food

Cinque Terre

I like personal capital, not as good at budgeting compared to Mint but really easy to use