Posted on 01/08/2022 10:06:51 AM PST by george76
Mineral,rights payments? Do you drill for gas? Or is,that a Tax on all who,use nat gas?
When Biden cuts American gas production, the trip to Wally World for little Johnny and Beth is canceled, in order to pay the gas bill.
When Biden cuts gas production, retirees have to turn back the thermostat and freeze.
Welcome to Democrat Dystopia. Thanks to liberal tyranny it won't get any better.
“There is no energy crisis. There is a crisis of confidence. “
There is an energy crisis in Europe, and it’s due to inadequate supply brought about by stupidity in Europe and the USA.
It’s not going away anytime soon either. Lack of investment in future production means there is no fast way to increase near term production. Govt is the cause of the lack of investment through regulations, closing production areas, killing pipelines and pushing of green energy investments over oil/gas production.
If the govt controls supply of any product, that product will go into shortage (COVID tests, anyone?). The energy industry is under too much govt regulation, and it didn’t take long for prices to shoot up. The only way for prices to come down is to kill consumption, which means killing economies.
Boris “got his mind right....”
Mineral,rights payments? Do you drill for gas? Or is,that a Tax on all who,use nat gas?
No, I own mineral rights under several properties in Texas. I sold the properties years ago but kept the mineral rights, which are separately deeded. I’ve been getting checks for about 10 years, the nat gas will be depleted in perhaps another 12-15 years as production slowly drops over time. I don’t live in Texas but that doesn’t matter of course.
So what’s the best way to make some money out of this?
LNG, UNG, SRE?
But they do have free health care , jolly good I say. /sar.
Don’t solar panels make enough gas?
>>America is Under Attack by 187 Groups Funded by George Soros.<<
It is America’s fault that G Soros is still sucking air.
I’ve owned LNG and UNG in the past but I’m only in oil companies at this time. Most of them also produce nat gas. I’m retired so I don’t swing for the fence, I just want dividends and stability. Those companies are pretty obvious, XOM (dividend aristocrat) and CVX are a couple of examples.
OPEC+ is powerful these days thanks to Biden and OPEC+ likes stable-slowly rising prices that don’t panic govts. Biden has made things very easy for them.
Some oil industry people predict oil at $100-$125 a barrel in 2022. It’s around $79 (WTI) right now. I haven’t seen prediction on nat gas lately. Nat gas has already had a big run.
OilPrice.com is a good site for keeping up and learning.
>>The CCP understands you’ve got to have reliable power to survive, something many of the leaders in the West have failed to grasp.<<
Leaders in the West know that China can kick their asses any time they have the desire to do so.
“New construction in the state will be zero-emission by 2027, and we will build climate-friendly electric homes and promote electric cars, trucks and buses,” Hochul said
the plan means that new buildings could have neither oil or gas burners for heat or hot water, nor gas stoves. “
in other-words- they are driving EVERYONE into Electric only for heat, cooking, etc
A column I wrote on this very subject for the Air Conditioning Heating & Refrigeration News...
As designed and intended.
The US would be shipping LNG like crazy under Trump. But with Brandon, Europe is at the mercy of Putin. And if NATO doesn’t do what Putin wants with respect to Ukraine... Gonna be a cold winter in Berlin, Paris & London.
ah ok thanks- wasnt sure what you meant
lol good article- i see that a commenter climate change worrier posted a response- saying “We need solutions” ... Answer- No, no we don’t need solutions- man’s co2 makes up just 0.00136% of the earth’s atmosphere- our CO2 is not even remotely close to being enough to blanket the earth in a thick enough blanket to trap heat in large enough quantity to cause global climate change-
The U.S. Is sending large amounts of LNG at least 15 tankers worth.
How much would the US be shipping if it weren’t for the higher base-price brought about through Biden’s executive orders? We don’t know.
Harris is should be put in charge of making the wind BLOW!
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