SE has been a pleasant surprise and with this current weather,can't wait till the next earnings report! A tip: Check out CQP. I purchased it 28 months ago and it has appreciated almost 50% on the share price and STILL pays 5.70 %. It is the only facility to get the nod from the U.S. government to export LNG from Sabine Pass,Louisiana WORLD WIDE.
They will begin exporting LNG next year.
I highly doubt that people in California are starving to death.
Or gangs of 7-8 year olds by the HUNDREDS begging on the streets reporting to their 14 year old "money pimp" on the days earnings.
I'll cry ignorance as I haven't seen an oil heater in the Northwest in 20 years.
In real estate,at times...I see the 4 legged tanks on the outside of homes,but long since abandoned.
We primarily use electric (reservoirs from snow melt ),NG,wood and a little propane. And about 4% electricity from wind.
Isn't oil for heating primarily in the NE? Ha ha...like Buffalo? All that snow is a GREAT insulator !
now that millions aren't driving as much because of the weather with many not even driving to work?
Moron? Ha ha ha.
YOU are the ONLY one who even propagates the rumor. You little rumor mill you.
PEG is begging for a utility to merge with. If PEG was such a good deal.....then the merger must mainly benefit PEG.
Two types of poverty in this country.
Los Angeles poverty.
And there is the REAL poverty one sees in the streets of the Philippines.
God bless them all,these DOJ heroes.
How do you expect them to catch all these miscreants stealing underwear and cat food for grandma at Wal*Mart? Someday we will recognize these DOJ Heroes for the true Americans they really are. Upholding truth,liberty and the American way of life to leave the underwear ON THE SHELVES at Wal*Mart and keep grandma wanting Lil Friskies.
Less wiggle room for tar sand squeezers.
With all the NG being delivered via SE pipelines.
This cold spell and it's widespread pattern is pretty unprecedented.
Not only that,but it is hanging around a LONG TIME.
I'm a stand up guy and I was WRONG. I was reading a graph(two of them) for North American consumption. Your 16,280,000 per day is correct.Evidently Canadians use a lot per capita ! Still the usage now does not dwarf what we used then.
No....not at all.
In fact we are using LESS oil than we did in 1986. There are several charts online to show you this. The last one I looked at went only to 2012,but it showed about 20,500,000 barrels per day in 1986,we topped out in 2008 at about 21million per day and less each year thereafter. It looks like about 18,000,000 million barrels per day now. How could it be more? Our growth is anemic,kids don't all get licenses at 16 like they used to and the FAR better mileage than we had before.
The trucking industry has made huge gains in mileage through better aerodynamics and lighter weight on the trailers and tractors.
Well,part of the problem I heard today is that some countries are so broke,that they are producing full bore,as much as they can. Libya and Iraq were mentioned.