Kinder Morgan Energy Partners, L.P. Message Board

Forbes, Barron's, and Minnyville have a article 18 hours old about Green mtn and 4 bios, (CLDX) . Cldx is up 125%, small and risky, better really do your diligence they say. As to say not encouraging.

Buying insurance is common. What the question is, how the expense was handled. Was it matched to the revenue when the gas was sold or was it left on the books as long term asset like a drilling rig. Was it averaged over a year to smooth the quarterly number?

I'd like to hear how LINE matched the cost of options for gas sales to the revenue of the associated gas sales. Good Accounting If they say it is part of long term capital assets that sounds like bad Accounting.

Did not work for me today, but the 1 comment was a good read.

The Tx oil may not be what they want in California. They may want cheaper heavy oil from Canada.

Pray for a good spill. That ought to do it.

I have Valero and they have refineries set up to run heavy crude and the Texas crude is lighter and more expensive. They would save on shipping by pipe from Tx but the crude would cost more than from Canada. I think that is the other factors in the mix.

The 8 first applying don't need to make vent changes now as they have pressure vessels. Others don't have pressure vessels and must put in the vents first.

The 8 in Japan could be operating in a year or may be less. There is still politics to work out. The other 42 will need venting added and sea walls or other construction. Some may never open because of faults under them or safety modification too expensive or the area people veto it.

It is not like Germany, Japan companies seems ready to move to restart as soon as they can.

This is in Japan it may take more than 6 months to check the reactors out. Total of 8 reactors up for early restart. Others will be longer.

I must have eaten too many shares, I'm getting seasick.

Chaikin Money Flow is down sharply last 2 days 20&21.

Looking up Rotarix now that a new cheaper and better vaccine is coming. Quartz article. Saw you post at the bottom really good call.

"I think he should be going to high end market players (Goldman etc.) and understand what it will take to drive the company off the low end used car lot that it has parked itself"
Goldman? I have shares in Kinder Morgan and see when Goldman helps out the share price goes up but the original sharehold don't get it. Guess who does. The originals sued but get little. If Liwa is worth 40 Goldman will get you your $10. Goldman's record is on the internet.

"start buying shares back aggressively"
The chairman is trying to grow the company. The price will come later after it is done with the growth phase.

I think they are getting religion as to preventing another spill with a big help from the EPA. Check where their pipe crosses the st Clair river . Damaged pipe in a very important location and they have change their mind to fix it. They were going to let it go. They are replacing pipe instead of just patching at the last spill.
I don't know if the operating people have got it yet. The big Mich spill was first stopped one nite and they figured it was an error so they restarted and pumped for some time more with a big hole.

What dip ? What with your new script. Go back to "Street hated do nothing LIWA" at least till I get an ordered filled.