1. Sell-off of the SPR for political purposes:
2. Their Green New Deal requires PAIN at the pump.
3. They are preparing to blame the PAIN on "Railway Strikes", Russians, greedy oil companies.
4. The coming shortage of fuel will bring restrictions on driving and home energy use
5. The energy restrictions will bring to the fore the placement of ballot dropboxes, stay at home mail-in voting.
Very likely the above will be led by a large false flag incident
Just hope it starts warming up again after the election.
Who coulda seen that comin?
I think the BIG factor is we have greatly ramped up our LNG exports to Europe. The only thing preventing us from exporting more of our natural gas is lack of LNG terminal capacity in Europe. The greens have fought adding LNG terminals there for years.
Bottom line: Americans are going to be paying LOTS more for NG because Europe fecklessly hitched its energy policy to Russia and renewable boondoggles and we are paying for the war in Ukraine.
I bought 500 shares of CVX years ago. Down today but still up 65% you plus 3.5% present dividends.
In some markets a big increase in nat-gas prices will drive a big increase in electricity rates. Regulations over the last decade have been driving coal and nuclear out of business, and replacing them with gas. A gas SHORTAGE in some areas will mean blackouts, because gas can’t be stockpiled at the generator plant sites. It gets worse. . . . .
...and don’t forget, we are ‘Punishing’ Russia by TRIPLING energy prices in the West.
In some markets a big increase in nat-gas prices will drive a big increase in electricity rates. Regulations over the last decade have been driving coal and nuclear out of business, and replacing them with gas. A gas SHORTAGE in some areas will mean blackouts, because gas can’t be stockpiled at the generator plant sites. It gets worse. . . . .
Oil and nat. gas are two different markets but both are a path to wealth, love them. Only thing that compares as an investment is real estate.
My monthly nat gas royalty checks have gone from a total of $200 a month to $1,200 a month in the last year or so.
The price of natural gas on the commodities market (Henry Hub) is currently up 257.97% since President Trump’s last day in the WH.
Green is the new Red.
Biden’s incompetence is great news for the Oil Companies.
When Biden killed the Keystone Pipeline on his first day in office, the oil company stock prices increased and most of their stock prices are now at all-time highs.
There is not even ONE neocon on this site that doesn’t think it’s worth it to embargo Russian energy.
Even if Americans die.