Chico was right when he said exports is huge for nat gas producers. The delta in price will rocket the nat gas price here-and you can produce more at that price. It's a double-shot.
Inflation is also key, if it goes up, so does the worth of the company-and nat gas along with it.
I just had to say this-running out is not all good. If you're run out of gas, who's selling gas? There go your profits.
You could say if the Exxon station couldn't get gas, gas prices would rocket. But those producing the gas, can't sell the gas. Good? And here come the new gas producers-because the price of gas has went up, it makes more sense to make more gas.
The northeast gas issue was largely due to pipeline issues. If there's not enough gas to send to the Northeast, that means the gas that wants to be sold, won't sell. It's great for nat gas prices-but not as great for nat gas producers.
That's why the news building pipelines near Uinta basin is very good for UPL-it's a transport issue.
Anyways, like I said wouldn't surprise me at all to see UPL move up. I'm just not as sold on the capacity issue as many here-and there's why. I'm neutral on UPL/out/no position.
Good luck I hope it moves up for ya!!!
so the current TIPS spread is reflective of what the markets expect of inflation....I take it you also think the 10-year bond rate also reflects what the pros think of inflation...right? lol
Again, I told you to sell, it's now lower, now I'm done with the bear case, I'm neutral, what part of that did you miss...
sorry I blew your low expectations of me
I look at it like this:
-UPL is worth $25. The dollar goes down 5%. UPL is worth $27.50.
-Nat Gas is worth $5. Dollar goes down 10%. Nat gas is worth $5.50.
A couple % points weakness in the dollar, really makes a difference.
Rising tide brings up all boats in this case UPL with nat gas, a double shot.
Normally it goes down with injection season-you say people think there's oversupply but right now we're still in the panic of undersupply.
Anyways mixed signals so I'm out, and I hope it goes up for everybody's sake. Good luck!!
ok...we'll see no problem disagreeing
I agree the natural state of things is deflation, i'm saying the market seems to behave as if Yellen is going to force inflation
come again? I said it would go down, and it did. at this point, i have no position
if you sold when i said it would go down, you could buy at a lower point now
jee whiz man no break with you is there lol
don't get me wrong I'm not a bull or a bear here...i'm taking off the bear case...for u guys' sake i hope it goes way up. good luck
true..I'm not doubting what it did before, with Bernanke. Bernanke was determined to keep inflation under control. The difference is Yellen, who doesn't care about inflation, she cares about employment, and the way to get to employment, if it's not there, is inflation. An increase in unemployment, or a poor economy, means more QE, and vice-versa.
The Phillips curve.
Watch the dollar......it got slammed yesterday, it's getting slammed today..against everything. Joe Schmo's currency in Timuktwo.
from Providence Journal:
The worry is that Yellen, now that she’s Fed chairman, will attempt to combat the tepid economy by pushing the inflation button.
Yellen earned her doctorate at Yale under Nobel laureate James Tobin, a proponent of Keynesian activist government. She subscribes to the “Phillips curve” theory that unemployment falls as inflation rises.
Last April she told a group of business journalists that the Federal Reserve should focus on reducing unemployment “even if maintaining that progress might result in inflation slightly and temporarily exceeding 2 percent.”
Apparently, Yellen believes the Fed can turn off inflation quickly after it starts, something previous Fed leaders found impossible.
What this all means is that Yellen likely will try boosting the economy through inflation.
for anybody that cares...things have changed.
I'm not bearish on UPL anymore. I'm not buying UPL in particular, because there are so many things to buy, but UPL is a candidate to go higher, not lower.
The reason is inflation is coming. Janet Yellen is going to force inflation, to cure the economy.
With a devalued dollar, everything's going higher. Natural gas would normally be overvalued here, but it hasn't, because commodities are going higher, due to the dollar getting slammed.
When i said UPL was going down, it did. That was pre-Yellen. She's gonna screw the dollar to get employment and the economy up, but once inflation starts, it's going to be hard for her to get it slowed down.
Good luck, whatever you do.
i'ts ok-there's plenty of people with 0 integrity, no big deal.
yeah it's all about me.
I GUARANTEE it will be $150 by the end of this week. It will be $116/117 by open, and $125 by the end of the day.
All i'm doing is confirming what u said. One thing's for sure-you're either lying or can't admit to being wrong/still think you're right.