[mountainlion]

Some think free energy will be released soon. What effect will that have.

[ProtectOurFreedom]

So what’s the big problem DB is forecasting? Recession or depression from low energy prices? I doubt that.

The petroleum industry periodically goes through cycles like this. Companies go bankrupt, debts aren’t paid, workers are laid off...but, in the end, things shake out and supply and demand balance is restored. It is never pretty while it’s happening and hurts lots of people (including bond holders and shareholders), but that’s capitalism.

We could always elect Bernie, nationalize the petroleum industry, live happily ever after and enjoy reading the government’s newest Five Year Plan for Oil and Glorious Revolution.

[taildragger]

"Meanwhile, the U.S. market for natural gas remains chronically over-supplied with no real relief in sight. Although the NYMEX price per MMBtu has remained fairly stable during the first two months of the year, it is stable at a price that is far too low for many natural gas producers to remain profitable."

After seeing the pollution in India with PDJT's visit, I can see where natural gas powered tuk-tuks etc would help to clear the air. We'd be more than happy to export some to them....

[angmo]

Not enough oil and gas and there is a crisis. Too much oil and gas and there is a crisis. Call it events, call it volatility, call it markets. It’s nothing new.

[RedStateRocker]

As long as gas is above 50 cents a gallon at the pump, and natural gas above 7 bucks per thousand cubic feet, let it fall, fall, fall.

5 buck a barrel oil sounds really good to this California boy.

[reasonisfaith]

Quick! Deep state!

This is your chance to take out Trump!

[poinq]

Coronavirus will cause a glut. As planes trains and automobiles use less fuel. The will only go for a while until we get back to normal. I figure we have a glut through the driving season and into next year. If you are looking for stocks to buy consider KMG or EPD (pipelines). Or PSX and MPC (refineries). Their input is getting cheaper so they will sell more as we come out of the flu season. Companies like Chevron and Exxon drill and sell oil. They will lose the most as oil prices go down. Don’t buy them now or any time.

[Osage Orange]

CHK was mishandled...by management. And has been for many years...even in the booming years. But in the bust years...it got exposed. Last time I traded it I lost $$$...It will be a OTC stock soon....

[TheBattman]

AS our fuel prices have made a u-turn and are trending higher... up 10% in the last week... hmmm...

[RegulatorCountry]

They plowed right through OPEC attempts to destroy them by driving down the price. I don’t think coronavirus or electric vehicles will do it either, we’re a long way from widespread adoption.

[jackibutterfly]

DB - what happened to “That is all”?

[Georgia Girl 2]

Oil has always been a cyclical commodity. Boom bust, boom bust.