Oh the single thing all Presients dreamed off after the first oil shock? Cheap clean and adundant American produced and controlled energy.
Obama does not like our natural gas. A huge reason for his last in class in the modern era performance.
Now now Monster's Willie of the Corn.
When you do not admit your mistakes you can not improve yourself. Which is why not just you but the whole OLB never learns.
Good Morning Sand,
Not sure what is the key in the last three pages. But another reason we may not get a increase this quarter is settling the bonds which can be put back to the company. Again at this point I do not think many will be.
Hi Jack welcome back.
oil above put stikes. NG around the stikes maybe a little higher.
Propane price up 100% post June.
Nomral butane joining the export party.
There are more export trains coming on.
Of course ng storage is actually below the five year average.
Hopefully it is a long call. So many events and changes.
Now Now Gene.
That is the real problem with Progressives. So busy trying to prove superiority that you never do mature to a point where you can admit and correct mistakes.
BUt this whole delusion the collective has that becoming a snark covers up your foundation ignorance and resulting ugliness?
The condition of no shame is Progressive.
Good Morning Sand,
The futures are very backward so probably not. But the 2015 quotes are coming up to $4.50 to $4.80. Then down to $4 in the heating season.
The market maybe in for a surprise. The sampling on the gas storage drawn down could have been overly conservative.
NO way to get a surge in production when it is that cold across all the fields.
We are now almost 20% below the average storage for this time of year. Futures seem to be assuming $4.50 to $4.80 is enough to rebuild storage. Maybe so but it is not a bet I would make.
Jon you are so unaware you have no idea of how completely ignorant you are.
Just about every one who is not collecting benefits already will pay more into SS than they will get out. It was a pay as collectivist system goes. Politicos get votes today by giving away current tax payer money to other people. The bill comes due later which is today.
The system is paying out more than it is taking in today. The 'trust fund' is just another Progressive scam. Filled with non-marketible IOUS which can only be redeemed with more taxes, more borrowing or more printing. Of course the Obama agenda has crowded that all out as policy.
Now the primary problem with the bankruptcy of our health system is government mandates. Loading the cost of the uninsured onto people's insurance. Consumers can not drive efficiency because the hidden taxes have created a mess just like college tution.
Reagan and the Democrats did not 'fix' either entitlement. Which is why both are wildly backrupt on an actuarial basis. Just because you will not understand math does not change the reality.
No one goes to jail becuase a court long ago ruled both programs a social program and not an entitilement. It can be changed at any time. We are not at that point where reality crashed into the delusion perceptions Progressives created for generations.
This is why the willfully ignorant like you do so much damage. Childish tantrums do not the problems your ignoance sustains.
Both programs have needed rational reforms for a generation to avoid what is now upon us. Now rational reform is needed just to sustain both programs.
Of course the first critical step was to focus on economic growth and full employment. Obama forced through another massive entitlement which increased structural uneployment and dislocation.
Your level of ignorance is stunning. This has all be covered and covered here. If you had the integrity to be honest then it would not be a waste of time. But you do not. Just a poser.
Yes Willie of the corn you really are. But it is a choice you do not have to make.
This corn ethanol corruption has no place in rational honest America and most especially on an American energy board with the superior product and solution.
Yet, your condition of no shame drives you to childish tantrums which if you were aware at all, would mean you complete and total public humiliation.
Again your delusion preception does not change the reality. You and the whole OLB make fools of yourseves. Nor does voting by the legions from the single over taxes brain change reality.
Public clowns on a very regular basis.
What on earth makes you believe honest Americans could value anything a bunch of thieves say? Americans are not as simple minded as you Progressive assume in your delusions. It is a shame they have been conditioned not to respond with public statement of disgust.
"Minkow said he used the Internet and his contacts at the FBI to recklessly spread falsehoods about Lennar. In pleading guilty, he also acknowledged placing illegal bets himself that Lennar's share price would fall based on confidential information — that the FBI had launched an investigation of the company based on his own allegations.
In sentencing Minkow, Seitz ordered him to pay $583 million in restitution to Lennar, a sanction to which Minkow already had agreed in a civil case."
Thank you Sand. Our government really is wildly out of control. Of course the OLB claimed any one who suspected or reasonably assumed the SEC was brought into the attack on LINE, was a loon. A Tea Party American.
Some honest civil servant really should look into Hedgeye. The head lines Barrons let them scream were proven completely false. The 'jouranlist at Barrons probably can get away with pleading ignorance. '
The Tea Party is corrent. Our government is wildly out of control. Either it has to be reduced in power or honest Democrats need to step up and impose integrity. Obama and the Progressives are not going to do it. They believe in Patronage. Bread and circus for the unaware Americans.
" the value changes of hedges have been ignored by those who are even minimally aware of the company's business strategy"
The short attack was based largley on playing up the hedge book and sustainable cash flow. As a practical matter as LINE owners we wish prices to be higher than the puts. Which means the puts are worthless. Pricing drops dirrectly into the thing once called DCF.
The implicit math involved in puts of time value of money and mathmatical volitility does mean the premium is a wasting asset. But Ron^3 is correct But being a financial option it offers dramatically more productio flexibiity than a contract to supply in a swap.
Ron^ is correct in the 65% of production which is under swaps. The value really is irrelevent for a producer. Assuming production is as forecast. Which is why the puts really are intergral to provide operations flexibility.
Ron^ cubed choise to stop learning and growing many years ago. Which is all his claimed years of experience are just repeats of about the first year.
The quarter to quarter accounting adjustments are noise. But the implicit value of the puts is important.
The OLB hive mind is already over taxed with the emanations. Which explains the quality of your post.
Jon you see what you do? The primitives are angry enough. Please do not encourage them further to their blatant public bigotry.
Thank you. Eagle Ford is surely another great opportunity. Reminds me of Lisxa and the occult investment theory pounding the table here for EROC. Of course they have forgotten.
The Mississippi Line seems like another key for LINE.
I wonder if Rube ROn will make a comment for the board. Given the institutional ownership at BRY I bet it was not close.
Might be wrong.
Hence, BRY is worth at least $60 (20-25% upside with no fundamental downside). Recent increase in bid supports this fact and makes BRY a buy even if the deal does not get executed (better outcome for the shareholders).
They are really falling down.
Median household income was
$51,017 in 2012, not statistically
different from the 2011 median
($51,100) in real terms, 8.3 percent
lower than the 2007 (the year before
the most recent recession) median
($55,627), and 9.0 percent lower
than the median household income
peak ($56,080) that occurred in 1999
(Figure 1 and Table A-1).5
One would be correct to point out the far superior economic growth of the Bush years did not improve average household incomes.