Thanks to TFG oil is running up like crazy.
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Wait till you see the price of natural gas next year. Time to buy the producers because they are going to have a hay day.
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Assuming you meant heyday, why do you expect nat gas prices to go up in 2025 (or did you mean 2026)?
DB2
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It’s Hay day, I am not sure what a heyday is. Maybe people going around saying Hey all day?
But the reason I expect natural gas to go up is because the Bans on exports are going to be lifted allowing more gas to go to Europe.
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I didn’t know there were export bans. At any rate, I do have a position in Cheniere Energy which transports the liquified stuff, so more going to Europe would be nice.
DB2
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As an investment, that is why I said look at it. SEI provides proppant which could take off. But I also wonder what people will say about their natural gas prices next winter? Maybe nothing because it will be a warm winter?
Bob,
Time to take off the blinders. One man’s heyday is your bills ready at the beginning of the month.
No idea what that means, but do you expect nat gas prices to go up this year?
DB2
I saw a headline on the wire the other day that make me laff. Seems that the commodity market, every year, suddenly discovers that winter, in much of the US is cold.
Steve
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Either TFG’s mouth is messing up royally even before he begins or he will mess up worse than we expect. That’s pretty bad. I’d say both.
New LNG hubs are slated to come online. The White House-in-waiting has promised to fast-track future infrastructure that could help gas companies funnel fuel to new buyers at home or abroad—potentially locking in another era of development…
Already the world’s largest LNG exporter, the U.S. is set to debut projects that are expected to begin to ship gas in earnest next year, with more scheduled to open by 2028…
For an industry with a long history of overdrilling into painful busts, the longer-term threat now might be overbuilding export facilities in the face of a potential global glut.
DB2
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The company is offering 50 million shares priced between $40 and $46 each…The United States, a major LNG supplier to Europe and Asia, has emerged as the world’s largest exporter of the superchilled gas, thanks to its abundant natural gas reserves and the development of LNG terminals along the Gulf Coast.
President-elect Donald Trump’s incoming administration is widely expected to bring an end to Biden administration’s pause on LNG export approvals.
North America’s LNG export capacity is expected to more than double by 2028, according to the U.S. Energy Information Administration.
DB2
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