We are having our 2nd record Cold Front & Winter Storms causing shortages of PROPANE, Heavy usage of Nat Gas, and Various other Heating Oils. Numerous states have declared Emergencies related to inadequate supply of these commodoties(especially Ohio). Propane comes from Nat Gas(70%) & Crude Oil(30%) It should not take a rocket scientist to figure out LINE and other sources of NG & Oil will all benefit form this situation in addition to Normal Conditions usage. This will obviously have a positive effect on 1st QTR numbers(not to mention we probably have a good 4th Qtr earnings coming on Feb 17th), so we should not be surprised that LINE & LNCO will be benefactors of many weather related conditions as well as much other positive news that LINE now has before it and negative news in the rear view mirror. GLTA and hopefully we will be seeing more upgrades with $35 and above targets. Meanwhile, enjoy your monthly dividends.(maybe an increase to boot)
There is another storm coming next week around superbowl time. The farmers almanac predicted the last 2. They are predicting another one as well. As far as a depletion. As one posted open the chokes up. We have plenty of nat gas and propane. More voodoo economics.