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Posted: 1/23/2021 1:38:24 PM EDT
[#1]
There are cities in WA state that are banning the use of natural gas in new construction, and will probably ban it where already in use.
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Posted: 1/23/2021 1:40:24 PM EDT
[#2]
The GOM shelf if about to start rocking and rolling again
F250s and fake tits galore!!! Plastic surgeons down here are going to be able to buy new Ferraris and Fishing camps again! |
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Posted: 1/23/2021 1:41:49 PM EDT
[#3]
Quoted: ...I understand futures markets and speculation on supply/demand. My question for the arfcommers who DO follow the energy market is: Now that the next Canadian oil pipeline is finished, and the coal sector on life support...are we going to see domestic Nat Gas production spike? Will the demand for electrical generation and heating increase, or do you think the lack of commercial usage will diminish any residential demands? Speed Is have to do some research but I believe the majority of Nat gas production is used for electrical grid power generation. Followed by residential use, followed by more esoteric uses such as fuel, etc. Aside from commodities, look for midstream companies, compression mfgs, and production equipment mfgs. There were several good buys last year. |
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Posted: 1/23/2021 1:42:23 PM EDT
[#4]
But the market is irrational. Lots of it driven on speculation. There are those that think there is pent up demand just waiting on Covid to subside. Oil is a consumer driven product with a finite elasticity. Priced too high and demand will plummet as the economy suffers. Economy tanks too hard and oil will crash.
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Posted: 1/23/2021 1:45:40 PM EDT
[#5]
Quote HistoryQuoted:Priced too high and demand will plummet as the economy suffers. Economy tanks too hard and oil will crash. Perfect summation. |
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Posted: 1/23/2021 1:47:52 PM EDT
[#6]
Quote HistoryQuoted: The GOM shelf if about to start rocking and rolling again F250s and fake tits galore!!! Plastic surgeons down here are going to be able to buy new Ferraris and Fishing camps again! Pics of fake tits? 
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Posted: 1/23/2021 1:55:20 PM EDT
[#7]
Quote HistoryQuoted: Pics of fake tits? Quote HistoryQuoted: Quoted: The GOM shelf if about to start rocking and rolling again F250s and fake tits galore!!! Plastic surgeons down here are going to be able to buy new Ferraris and Fishing camps again! Pics of fake tits? Dr. Koobehi.....NOT SAFE FOR WORK...but maybe SFW depending...bare boobs |
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Posted: 1/23/2021 2:04:55 PM EDT
[#8]
Quote HistoryQuote HistoryQuoted: Quoted: Quoted: The GOM shelf if about to start rocking and rolling again F250s and fake tits galore!!! Plastic surgeons down here are going to be able to buy new Ferraris and Fishing camps again! Pics of fake tits? Dr. Koobehi.....NOT SAFE FOR WORK...but maybe SFW depending...bare boobs Lots more tan lines on the after images, looks like those women got their (husband's) money worth out of that. Their new BFs must be happy, lol. |
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Posted: 1/23/2021 2:07:34 PM EDT
[#9]
Quote HistoryQuoted: There are cities in WA state that are banning the use of natural gas in new construction, and will probably ban it where already in use. CA is working towards that too. You will only have Chinese solar panels and you will like it. What I do see as an eventuality is they get their way, we all have Chinese solar panels. Government sees a decline in revenue and puts a meter between your solar panels and your house, billing you for power generated and used. |
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Posted: 1/23/2021 2:19:07 PM EDT
[#10]
Quote HistoryYou did not fail me bud! 
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Posted: 1/23/2021 2:44:34 PM EDT
[#11]
Will we see a spike of production? The answer is no. The more fracking Biden shuts down the less natural gas their will be.
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Posted: 1/23/2021 2:46:20 PM EDT
[#12]
I have money in Royal Dutch Shell. Oil is being cut off in the US but no worldwide. Dino fuel in my opinion will spike in the short term.
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Posted: 1/23/2021 2:47:40 PM EDT
[#13]
Quote HistoryQuoted: Will we see a spike of production? The answer is no. The more fracking Biden shuts down the less natural gas their will be. Ya but... wouldn't that increase production on existing wells? Speed |
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Posted: 1/23/2021 3:01:26 PM EDT
[#14]
Quote HistoryQuoted: Ya but... wouldn't that increase production on existing wells? Speed No. Another issue is pipelines. We don’t have enough pipelines to get all the gas that comes off the existing wells, so we burn it off at the wells. Biden is against anything pipelines. So less fracking, less pipelines, more restrictions on drilling on federal land equals less production. It will be awhile before we see the consequences from Biden’s actions. |
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Posted: 1/23/2021 3:04:28 PM EDT
[#15]
Quote HistoryQuoted: No. Another issue is pipelines. We don't have enough pipelines to get all the gas that comes off the existing wells, so we burn it off at the wells. Biden is against anything pipelines. So less fracking, less pipelines, more restrictions on drilling on federal land equals less production. It will be awhile before we see the consequences from Biden's actions. Hmm...I get the transport issues... ...I guess I'm thinking more locally, like: will my fucking royalty checks start to go back up again now!?  Speed |
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Posted: 1/23/2021 3:04:45 PM EDT
[#16]
I have been saying for the last year in Canada at least we will see a spike in natural gas prices. Export to the coast into markets will increase the demand and prices will go up. The biggest player in our area is CNRL and they basically went all in a few years ago and bought up lots of the market good or bad paying pennies on the dollar for failing gas fields and shutting them down. I believe it will be paying off for them when exports go through the roof.
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Posted: 1/23/2021 3:33:54 PM EDT
[#17]
Quote HistoryDr. KH(.)(.)BEHI. |
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Posted: 1/23/2021 3:46:05 PM EDT
[#18]
I put my entire 401k into FSENX, an energy mutual fund last year when oil tanked.
I am up 45%, but the question is when to get out. If I go back to the 52 week high, it still has plenty of room to climb. I do think that what Biden is doing will cause a short term spike in oil and gas prices. Long-term, the outlook is negative as he uses the power of government to try to shut down fossil fuels in transition to green energy. The question is what will happen to stock prices of energy firms in the next year. Will we get back to the traditional average price which is almost 50% higher than what it currently is for my mutual fund? Or, will Bidens changes prevent the stocks from ever recovering. I think that as prices for oil and gas spike, likely stock prices will come up further so I’m holding for now. If anyone has any better advice, I’m open to hear it. |
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Posted: 1/23/2021 3:46:12 PM EDT
[#19]
Quote HistoryQuoted: Ya but... wouldn't that increase production on existing wells? Speed Quote HistoryQuoted: Quoted: Will we see a spike of production? The answer is no. The more fracking Biden shuts down the less natural gas their will be. Ya but... wouldn't that increase production on existing wells? Speed Existing wells taper off with time. Pressure fades. Eventually you cap the well when it’s no longer economical. Biden only gets say in pipelines that cross country borders. So Canada, and Mexico. State to state is handled by the individual states. Not the federal government. NG is going to continue to climb in theory. Here’s why: 1. Power plant consumption. Air mandates will continue to get stricter. The removal of hydro power plants out west to make the eco nerds happy. Decommissioning nuclear and coal power plants. Solar and wind aren’t economically viable. But you can build a 900mw NG power plant in under 3 years for around 1B dollars. 2. Cracker plant usage. Expanded cracker plants in Texas. The new shell cracker plant in Pa. These plants will drink a lot of natural gas. I mean a lot of natural gas. There’s another cracker plant sorta in the works across the River in Ohio from the one in Pa. 3. Residential usage. Even most electric heat comes from natural gas. But natural gas is expanding. More individual pipelines are being put in. 4. Here is where Xiden could fuck us. We are currently starting to export gas to Europe and Japan. There’s multiple large scale infrastructure projects to up this amount we export. It’s a kick in the nuts to Russia specifically. Xiden could not play nicely and cancel export permits. But he would really piss off the Europeans and Japanese. |
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Posted: 1/23/2021 3:51:14 PM EDT
[#20]
Quote HistoryQuoted: 2. Cracker plant usage. Expanded cracker plants in Texas. The new shell cracker plant in Pa. These plants will drink a lot of natural gas. I mean a lot of natural gas. There's another cracker plant sorta in the works across the River in Ohio from the one in Pa. Yes. Thank you...that was my local concern. Speed |
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Posted: 1/23/2021 4:03:06 PM EDT
[#21]
Quote HistoryQuoted: Yes. Thank you...that was my local concern. Speed Quote HistoryQuoted: Quoted: 2. Cracker plant usage. Expanded cracker plants in Texas. The new shell cracker plant in Pa. These plants will drink a lot of natural gas. I mean a lot of natural gas. There's another cracker plant sorta in the works across the River in Ohio from the one in Pa. Yes. Thank you...that was my local concern. Speed 1. The cross state pipelines (Ohio / WV / PA) to supply it are already built. 2. The majority of permits and land leases are already done for it. Hill Corp is moving back in to drill starting next month. 3. Almost all the permits in Ohio are on private property. If not all the permits. |
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Posted: 1/23/2021 4:06:13 PM EDT
[#22]
Demand for natural gas is global. Think exports.
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Posted: 1/23/2021 4:16:03 PM EDT
[#23]
Natural gas for power generation is the next one to fall. I have friends who work at GE on natural gas turbines, and they have already been told that their industry is on the chopping block next. Apparently GE execs made a big overture to creepy John Podesta and others right after the election, hoping for a seat at the table on their decarbonization plan. From what I gather, it didn't go too well.
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Posted: 1/23/2021 4:21:30 PM EDT
[#24]
Quote HistoryQuoted: Dr. KH(.)(.)BEHI. |
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Posted: 1/23/2021 4:28:09 PM EDT
[#25]
Quote HistoryQuoted: Natural gas for power generation is the next one to fall. I have friends who work at GE on natural gas turbines, and they have already been told that their industry is on the chopping block next. Apparently GE execs made a big overture to creepy John Podesta and others right after the election, hoping for a seat at the table on their decarbonization plan. From what I gather, it didn't go too well. Nothing is left. Wind / solar are unable to power our growing demand. So literally natural gas is the only thing that can be used. Economically viable / tax incentives / whatever. Even the socialist countries like Germany and France see the writing on that wall. Edit: It’s more likely that GE didn’t get welcomed due to the size of their check (or lack their of) to the DNC / individual Democrat pockets. Not the lack of natural gas power plant demand. Siemens / Chinese companies / etc. probably wrote a more favorable sized check. |
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Posted: 1/23/2021 4:33:21 PM EDT
[#26]
Quote HistoryQuoted: I put my entire 401k into FSENX, an energy mutual fund last year when oil tanked. I am up 45%, but the question is when to get out. If I go back to the 52 week high, it still has plenty of room to climb. I do think that what Biden is doing will cause a short term spike in oil and gas prices. Long-term, the outlook is negative as he uses the power of government to try to shut down fossil fuels in transition to green energy. The question is what will happen to stock prices of energy firms in the next year. Will we get back to the traditional average price which is almost 50% higher than what it currently is for my mutual fund? Or, will Bidens changes prevent the stocks from ever recovering. I think that as prices for oil and gas spike, likely stock prices will come up further so I’m holding for now. If anyone has any better advice, I’m open to hear it. 
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Posted: 1/23/2021 6:16:58 PM EDT
[#27]
You can
all you want but when a mutual fund that is made up of the biggest energy companies in the world that has averaged $34 or so a share for the last 5 years drops one day to $13 a share I would call that an opportunity.The price of oil was in negative territory for a while last year- a crash driven by pure emotion. Now it is over $50 a barrel. Anyone with half a brain could see the potential there, you just need to be willing to take a risk. I think that a 45% return in 9 months would say I was right. What was your return last year on your investments? |
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Posted: 1/23/2021 6:22:50 PM EDT
[#28]
Quote HistoryQuoted: There are cities in WA state that are banning the use of natural gas in new construction, and will probably ban it where already in use. Instead they’ll be using electricity from natural gas powered turbines in power plants. |
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Posted: 1/23/2021 6:46:43 PM EDT
[#29]
Quote HistoryQuoted: I put my entire 401k into FSENX, an energy mutual fund last year when oil tanked. I am up 45%, but the question is when to get out. If I go back to the 52 week high, it still has plenty of room to climb. I do think that what Biden is doing will cause a short term spike in oil and gas prices. Long-term, the outlook is negative as he uses the power of government to try to shut down fossil fuels in transition to green energy. The question is what will happen to stock prices of energy firms in the next year. Will we get back to the traditional average price which is almost 50% higher than what it currently is for my mutual fund? Or, will Bidens changes prevent the stocks from ever recovering. I think that as prices for oil and gas spike, likely stock prices will come up further so I’m holding for now. If anyone has any better advice, I’m open to hear it. I looked at FSENX. 1,3,5,10 returns are all negative. The fund manager Maurice J FitzMaurice has only been there for one year. Looks risky |
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Posted: 1/23/2021 6:49:38 PM EDT
[#30]
Quoted: ...I understand futures markets and speculation on supply/demand. My question for the arfcommers who DO follow the energy market is: Now that the next Canadian oil pipeline is finished, and the coal sector on life support...are we going to see domestic Nat Gas production spike? Will the demand for electrical generation and heating increase, or do you think the lack of commercial usage will diminish any residential demands? Speed |
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Posted: 1/23/2021 7:11:16 PM EDT
[#31]
Quote HistoryQuoted: I looked at FSENX. 1,3,5,10 returns are all negative. The fund manager Maurice J FitzMaurice has only been there for one year. Looks risky Quote HistoryQuoted: Quoted: I put my entire 401k into FSENX, an energy mutual fund last year when oil tanked. I am up 45%, but the question is when to get out. If I go back to the 52 week high, it still has plenty of room to climb. I do think that what Biden is doing will cause a short term spike in oil and gas prices. Long-term, the outlook is negative as he uses the power of government to try to shut down fossil fuels in transition to green energy. The question is what will happen to stock prices of energy firms in the next year. Will we get back to the traditional average price which is almost 50% higher than what it currently is for my mutual fund? Or, will Bidens changes prevent the stocks from ever recovering. I think that as prices for oil and gas spike, likely stock prices will come up further so I’m holding for now. If anyone has any better advice, I’m open to hear it. I looked at FSENX. 1,3,5,10 returns are all negative. The fund manager Maurice J FitzMaurice has only been there for one year. Looks risky I wouldn’t be buying it now. The time to buy was when it was $13 a share. It’s obvious that all of the drops you’re talking about are due to Covid and were temporary. At this time there is some risk, when I bought it was $17 a share. I only bought because it dropped dramatically due to Covid and you could obviously tell that oil was not going to stay in negative territory forever. The question now for those who are vested in the energy sector is do you hold as biden pumps trillions of dollars into our economy also knowing that he’s going to try to shut down fossil fuel production. My guess is there’s still at least a year of upside in the energy industry. I am certain the energy prices will spike. The question is will stock values go up with them? |
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Posted: 1/23/2021 7:19:38 PM EDT
[#32]
Welcome to FJB's $5.00 gas and nationwide brownouts.
Thank you very much, to all the nevertrumpers. 
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Posted: 1/23/2021 7:22:58 PM EDT
[#33]
It will be interesting to see what happens. I do believe gas prices will go up significantly even if due to taxing. There’s a question about oil prices at the wholesale level. Likely Biden will allow Iran to start selling oil again which could have a negative effect on prices. What he’s doing domestically obviously will drive prices up. We’ll see what the net effect is.
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Posted: 1/23/2021 7:32:37 PM EDT
[#34]
Quote HistoryQuoted: Welcome to FJB's $5.00 gas and nationwide brownouts. Thank you very much, to all the nevertrumpers. Yep we are gonna get fucked but all the oil workers/companies will make huge profits. Gas has gone up 20 cents a gallon in my area over 4 days |
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Posted: 1/23/2021 7:41:32 PM EDT
[#35]
Yep, the question is will the fossil fuel companies take the opportunity to invest in renewable energies knowing that the govt is going to subsidize them.
Tesla is built not on economic sense but government handouts and mandates. I am guessing the Exxon, bp, chevron, etc will see the handwriting on the wall and start to look for small green companies to buy and diversify using the profits they will make in the next few years as fossil fuel prices spike. |
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Posted: 1/23/2021 7:49:46 PM EDT
[#36]
This interests me.
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Posted: 1/23/2021 7:51:13 PM EDT
[#37]
Quote HistoryQuoted: Ya but... wouldn't that increase production on existing wells? Speed It's usually not as simple as just opening the valve a little more. |
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Posted: 1/23/2021 7:53:19 PM EDT
[#38]
None of it is going to matter till people start flying, cruising, and driving a lot more again.
Old enough to remember when almost all natural gas was flared off. Still is flared at times but used to be just flared off on rigs in the gulf and such 24/7 Also taxpayers partially funded a 1 billion dollar carbon capture integrated into a coal plant. The exhaust was sprayed with a liquid that bonded with the exhaust and cooled. Pumped into the ground to capture. To offset the cost of the project and the liquid they used they sold off the liquid to be used in fracking. So much for that plan. |
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Posted: 1/23/2021 8:02:44 PM EDT
[#39]
Quote HistoryQuoted: Will we see a spike of production? The answer is no. The more fracking Biden shuts down the less natural gas their will be. There's a shit ton of natural gas on private property the retard can't touch without legislation. As electric vehicles become more widespread I don't see anyway that the price of gas doesn't creep back up to keep up with demand. Solar and renewables are interesting options but nowhere near ready to take over, particularly with batteries not being there yet. |
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Posted: 1/23/2021 8:04:46 PM EDT
[#40]
The price of gasoline has increased solely to the announcement by Saudi Arabia and Russia that they're cutting production. As Covid infections increase and developed nations continue to lock down, demand for petroleum will fall; thus their reason to cut production.
The next several months will be tough for energy related companies. With Biden announcing his return to the Paris Climate agreement, you can deduce he will be promoting renewal alternatives. There are several large wind turbine players out there, and they might be good prospects right now. Batteries are required to store solar energy, so battery manufacturers might look good too. |
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Posted: 1/23/2021 8:24:21 PM EDT
[#41]
Quote HistoryQuoted: Instead they’ll be using electricity from natural gas powered turbines in power plants. Quote HistoryQuoted: Quoted: There are cities in WA state that are banning the use of natural gas in new construction, and will probably ban it where already in use. Instead they’ll be using electricity from natural gas powered turbines in power plants. After what, 10-15% losses in long distance power lines from out of state power plants? Madness. |
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Posted: 1/23/2021 8:44:00 PM EDT
[#42]
Quote HistoryQuoted: You did not fail me bud! Quote HistoryQuoted: You did not fail me bud! my word is like gold If I tell you santa claus is coming to town, you better put up your stocking. 
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Posted: 1/23/2021 8:44:46 PM EDT
[#43]
Quote HistoryQuoted: Dr. KH(.)(.)BEHI. Quote HistoryQuoted: Dr. KH(.)(.)BEHI. BIG OIL FIELD TIDDIES!! |
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Posted: 1/23/2021 8:46:14 PM EDT
[#44]
Quote HistoryQuoted: Welcome to FJB's $5.00 gas and nationwide brownouts. Thank you very much, to all the nevertrumpers. Dear Lord, please give us another oil field boom, this time we promise not to spend all of the money.
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Posted: 1/23/2021 8:59:05 PM EDT
[#45]
Quote HistoryQuoted: Instead they’ll be using electricity from natural gas powered turbines in power plants. Quote HistoryQuoted: Quoted: There are cities in WA state that are banning the use of natural gas in new construction, and will probably ban it where already in use. Instead they’ll be using electricity from natural gas powered turbines in power plants. Exactly. Perfect Seattle area logic. |
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Posted: 1/23/2021 9:35:17 PM EDT
[#46]
Quote HistoryQuoted: Nothing is left. Wind / solar are unable to power our growing demand. So literally natural gas is the only thing that can be used. Economically viable / tax incentives / whatever. Even the socialist countries like Germany and France see the writing on that wall. Edit: It’s more likely that GE didn’t get welcomed due to the size of their check (or lack their of) to the DNC / individual Democrat pockets. Not the lack of natural gas power plant demand. Siemens / Chinese companies / etc. probably wrote a more favorable sized check. Quote HistoryQuoted: Quoted: Natural gas for power generation is the next one to fall. I have friends who work at GE on natural gas turbines, and they have already been told that their industry is on the chopping block next. Apparently GE execs made a big overture to creepy John Podesta and others right after the election, hoping for a seat at the table on their decarbonization plan. From what I gather, it didn't go too well. Nothing is left. Wind / solar are unable to power our growing demand. So literally natural gas is the only thing that can be used. Economically viable / tax incentives / whatever. Even the socialist countries like Germany and France see the writing on that wall. Edit: It’s more likely that GE didn’t get welcomed due to the size of their check (or lack their of) to the DNC / individual Democrat pockets. Not the lack of natural gas power plant demand. Siemens / Chinese companies / etc. probably wrote a more favorable sized check. It sounds like the new administration doesn't care that natural gas turbines are the only viable way to meet demand. They want to continue the decarbonization by attacking fossil gas the way Ozero decimated the coal industry. The funny thing is a lot of power companies replaced their coal plants with these natural gas ones, which they won't even get to keep using if Xiden gets his way. I guess California style rolling blackouts are going to be in our future. |
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Posted: 1/23/2021 10:07:39 PM EDT
[#47]
I never had the courage as a retail investor to buy Big Oil stocks. They just always seemed overpriced relative to the potential return. Last year when they tanked I jumped hard into Shell (RDSb) and have been well rewarded. I'm still in it but I'm watching even harder now than in the past. Rare Earth Metals caught my attention years ago as well and recently I bought URA and REMX hoping to participate in what appears to be a very much restricted supply environment. Nature digs the lowest energy state and I see some true imbalance with China holding appx. 70% of the reserves in the world. We'll see.
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Posted: 1/23/2021 10:29:24 PM EDT
[#48]
Gas will be $4 a gallon in a year , Democrats always fuck up banning fossil fuels , voters hate high gas prices
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