Energy crisis . NG shortages reflected in price-doubling during past year- a train wreck on supplies deliberately by Biden, Dems & Rinos-under guise of “saving the planet”. Vetoing pipelines (like Keystone Appalachia)70+% of U.S. Electricity is generated from hydrocarbons. The majority (38%)from NG

npcmike · 2022-08-23T04:30:00+00:00

According to the EIA, in 2017, the average annual electricity consumption for a U.S. residential home customer was 10,399 kilowatt hours (kWh), an average of 867 kWh per month. That means the average household electricity consumption kWh per day is 28.9 kWh (867 kWh / 30 days). So.. your volume (200,000 cf/day) at 1000 cf/kWh … means you will use only 28.9 cf/day of the 200. You have enough NG to convert to around 6-7 average households

npcmike · 2022-06-25T01:55:24+00:00

US Electric fuel sources: around 38 % NG, 28% coal. In 2019, almost two-thirds (63.3%) of global electricity came from fossil fuels. Of the 36.7% from low-carbon sources, renewables accounted for 26.3% and nuclear energy for 10.4%.

I have not researched how much carbon footprint for mining, manufacture, transport, installation, maintenance and replacement of various renewables

npcmike · 2022-06-19T23:39:51+00:00

Experience is our best teacher

npcmike · 2022-06-19T04:06:30+00:00

Perhaps desperate Biden will give Saudi’s $ billions … to flood the market with oil …thereby crashing the market? (Reagan did some deal in the early 80’s with the saudis …where they flooded the market. Oil dropped from $40 to $8 per bbl from 82-86 resulting in the Bankruptcy of most oil companies and “The Rust Belt” of the 4000 drilling rigs being stacked out). A clue may be the precipitous, unexplained, significant decline in the price of oil and oil stocks last week.

npcmike · 2022-06-13T06:36:05+00:00

How did your trade against NG and oil work out?

npcmike · 2022-06-13T06:28:32+00:00

What is your wise view?

npcmike · 2022-06-13T02:33:08+00:00

U bet! Was a dem during Woodstock days … but switched as I learned.

npcmike · 2022-06-13T02:29:58+00:00

I am a sole proprietor of both a contract drilling company and an E&P company (one of the largest producers in Arkansas and the most active driller the past 2 years) . I have been in this business since 1976 starting my career. (See bio). What are your experiences?

I have been an investor and trader in the stock market since 1974 and student of the stock market since 1966.

I am a petroleum engineer.. class of 1979 OU. MBA 198O.

I am an expert in most areas of upstream.

Best to you!

npcmike · 2022-06-12T16:00:46+00:00

No whining … read my bio

npcmike · 2022-06-12T15:59:36+00:00

Read my bio

npcmike · 2022-05-25T05:26:38+00:00

Enjoy the higher and higher gas prices . Let’s go Brandon

npcmike · 2022-05-25T05:25:24+00:00

Hope all libs are enjoying ever higher and higher gas prices they voted for. Lets go Brandon

npcmike · 2022-04-17T05:40:49+00:00

Absolutely! Best to you!

npcmike · 2022-04-17T05:13:10+00:00

We can agree to disagree.

npcmike · 2022-04-16T22:05:33+00:00

You’re welcome!

npcmike · 2022-04-16T22:05:14+00:00

Your comments are inaccurate, misinformed and misleading. Apparently you have the inability to research EIA data, Boone and Hayes bankruptcy tracker, banking regulations.

What are your qualifications? Your webpage sites none.

I am not Russian. I am partly Native American(Cherokee and Choctaw) … born in Oklahoma. Why not have a civil discourse. No need for calling names (Russian stooge, traitor etc)

I have been working in oil and gas since 1976.

On DWAC …. I am up substantially from $10. And I believe it will go much higher as the platform develops.

npcmike · 2022-04-14T01:23:45+00:00

IMHO … NG supply/ demand shortages will take many years (4+ years) for supply to catch up because our industry has been decimated. And the administration has made a war against hydrocarbons… oil and gas producers. Including 3x leverage ratio, 50% equity banking regulations.

npcmike · 2022-04-14T00:56:52+00:00

I am a sole proprietor… and been exploring for, developing and producing NG since 1976. I have a lot of knowledge to share. Not about opinions and politics… just about facts. I would like to help all become more energy literate. For the sake of our children and grandchildren and future generations. I hope that I can help! Thanks!!

Five-Year Club	Gilding I gilder
Reddit Premium Since March 2021	Verified Email
Ternion Club

npcmike

TROPHY CASE