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Pengrowth Energy Corporation Message Board

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  • zephcat01 zephcat01 Oct 26, 2012 11:17 AM Flag

    PGH borrows hundreds of millions of dollars in unsecured senior debt today.

    All we need is a really cold winter!,, lets hope.

    Sentiment: Buy

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    • that's not what the long range forecast is for. warmer than average next 3 months...
      nothing to do w/ pgh per se, but ridiculous that nat gas is not used for heating more (for instance in NE). also ridiculous that biofuels/ethanol was being promoted/subsidized years ago (when not only is it petro-heavy when considering nitrogen production & machinery, but also knocks out food production) when natural gas transportation is proven (and so intelligent in urban areas). just think of all the lame-a** black gasoline powered SUVS running around nonsensically in NYC.

      • 1 Reply to augustusgloop
      • " but ridiculous that nat gas is not used for heating more (for instance in NE)" Not many people can afford to switch their oil furnace to a nat gas furnace. My local nat gas company gave me an estimate of over $8000 to install a nat gas furnace. Maybe if the Federal Govt gave a $5000 tax credit to switch, more people would use nat gas.

 
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