/biz/ - Business & Finance

>>56106157
WE'RE SPENDING MOST OUR LIVES LIVING IN THE DRILLER'S PARADISE

I wonder how many past regulars in this general have roped. It's become rather quiet here, I assume in no small part because many of the posters simply blew all of their money on shit stocks. I remember that one french anon who managed to pick an awful many shit performers, even his big uranium pick Peninsula dumped down the toilet while its peers are doing relatively well. We had a huge exodus once all the bayhorse baggies roped, now it seems the general junior reality check has caused another.

Adapt or die.

Strong redpilled alphas make the commute. Why can't you chuddy?

https://boereport.com/2023/05/23/column-this-is-the-century-of-natural-gas/

>The global natural gas business is exploding, with a clear trajectory of growth for at least the next few decades, backed by both contracts and new infrastructure. That infrastructure won’t be abandoned in 20 years, or 30, or 40. Look at coal, which was supposedly the fuel of a distant century, and global consumption of that stuff is at record levels.
>It is profoundly absurd to try to envision an energy transition that does not maximize the existing system of millions of kms of pipelines and infrastructure, particularly when advocates of something else are proposing as a solution something that they have no clue as to how to build.

>>55012365
Weeeeeell that's a mighty fine addition to your estate if I do say so myself young man but how realistic is this for you?

I've mentioned this a couple times now but here is an investment idea in detail for you my commodity frens.

I think it's time to start looking into North American natgas producers. Natty is selling at about $13/boe right now in the Henry Hub. It's even cheaper in Alberta where it's selling for about C$1.8/GJ so about $8/boe. July 2023 AECO futures bottom out at about C$1.3/GJ or about $6/boe... North American gas quite literally doesn't get much cheaper than this. There is new infrastructure in the form of pipelines and LNG export terminals coming online in Western Canada, the USA and Mexico who buys its natgas from NA in the next few years. Improved market access will diminish the large price arbitrage between regional natgas prices globally. LNG is currently selling for $13/mmBtu or $78/boe in Asia; and €32/MWh or $56/boe in Europe. Natural gas is also cheap relative to oil right now, and long term price charts show that natty (HH) rarely stays below $2/mmBtu for long, usually going up from prices like that for about two years and surpassing oil in relative pricing, before beginning to come down again.

Certainly a recession will affect energy demand negatively in the short term so I wouldn't be surprised to see both oil and natgas going down even more in the short term. But the fact is that the past 20 years North American gas hasn't stayed this cheap for long, and improved market access will likely contract price arbitrages between regional NA markets and other markets globally. Which is why I am going to begin researching NA natty producers in earnest this weekend. I'm not looking for penny dreadfuls that cannot weather a year or two long storm. I'm looking at the majors and the midtiers with better balance sheets and netbacks, and hopefully good hedges in place and low decline rates. Areas of interest are Montney and Permian basins. Both are seeing an increase in pipeline infrastructure in the coming years and both are very gas rich basins with cheap gas.

>>54824116
We can make a deal. You'll bring on the sand to the Permian, and I'll increase the production over there, and sell the yuge amounts of associated gas to the global LNG markets in a few years once infrastructure is in place. Win-win!

The dumps will continue until morale improves

>>52987450
Not my post but I agree with it

>yields flat

>>52350697
Buddy.

>>52223195
>Leaf

>10:15 a.m. - Speech -- Chair Jerome H. Powell
I wonder what happens on wednesday

>>51628604
>shrooms
Meh,try datura next time,zoomie

>>51624195
Spy needs to drop to 400

>>51613096
Anon,i..

>bitcoin hard crab at 19k
You know where it is going next,right?

>>51604387
Never been to /b/ or /trash/?

>>51601254
i've seen some faggots buying wti at over $100
Thinking it would bounce back to 110 or even past 118.

>i dont understand the market
>therefore its a clown market

Why is the biden administration so afrain of the R word?

>>51582862
Dont forget to buy tsla calls

>futures

>>51555406
feminist jew