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Linn Energy, LLC Message Board

norrishappy 719 posts  |  Last Activity: 20 hours ago Member since: Apr 24, 2002
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  • norrishappy norrishappy Aug 23, 2015 11:46 AM Flag

    NOt sure the exact number right now. they are buying in debt.
    So the service is met and exceeded by $450k in dcf.
    Unhedged oil prices are not enough alone.
    Not until the natural gas hedges run out.

  • Reply to

    American men rock in France

    by norrishappy Aug 22, 2015 4:15 PM
    norrishappy norrishappy Aug 23, 2015 11:41 AM Flag

    Defective Opie of the illegal corn ethanol mandate -

    There is a Navy man who could lose his career and pension because he went to the sound of the guns. In the last terrorist attack.
    If Obama had any traditional man in him, as commander in chief he would stop it.
    But then in addition to carrying personal weapons, military people can not display Bibles or speak of their faith.
    So this is all a sick toy for a sick Progressive. Oh yes, we love our heroes too.

    They took away the rifle. Then some how the pistol was held to our man's head and trigger pulled twice. Then the razor.

    Basic infantry school includes more effective hand to hand. It also stresses rapid resolution. I can not say but all the evidence is that our American is quick, strong, agile and brave enough to take the terror down in one move. He just did have the training to kick in when he needed it.

    Oh, Obama as an academic is fully aware of how sound Reformist Faith is integral to the life force of our Constitution and governing philosophy.

    It is the Progressive condition. Nothing matters so everything is a rock to be chucked underhanded. Like an chimp.

  • Reply to

    American men rock in France

    by norrishappy Aug 22, 2015 4:15 PM
    norrishappy norrishappy Aug 22, 2015 9:24 PM Flag

    We believe God’s Providential will worked its way out,” said Mr. Sadler’s father, Anthony Sadler, a Baptist pastor. “I’m just thankful they were there and got things done.”

    He stabbed Airman Stone “multiple times” in the back and severed a tendon and nerve on one hand, Airman Stone’s mother said. He also pulled out a handgun and put it to Airman Stone’s head during the struggle, pulling the trigger twice.

    “But it clicked twice and didn’t go off,” Ms. Eskel said, relaying what her son had told her.

    Sorry it is not funny. But it is true all our armed service people are now targets of cowardly opportunity. So all need readiness training.

  • Reply to

    American men rock in France

    by norrishappy Aug 22, 2015 4:15 PM
    norrishappy norrishappy Aug 22, 2015 9:17 PM Flag

    The three men are from Sacramento, Calif., according to their Facebook profiles. They are childhood friends who attended the same Christian high school in California.

    Oh they are pesky Christians.

    Even after the assailant was tackled on the train, the struggle wasn’t over. According to the U.S. official, the gunman drew a pistol and attempted to shoot the Americans, prompting Airman Stone to disarm him a second time.

    In the struggle, another person—a Franco-American man—was shot, but his injuries weren’t life-threatening, Mr. Cazeneuve said.

    The gunman also drew a box cutter and began slashing. The cuts injured Airman Stone on the neck and hand, but his injuries also weren’t life-threatening, Mr. Skarlatos said.

    The Americans, aided by Mr. Sadler, then hit the attacker until he became unconscious, Mr. Skarlatos said.

    They are heroes. But with Marine training it would have started here

    The Americans, aided by Mr. Sadler, hit the attacker until he became unconscious, Mr. Skarlatos said.

    See you recruiters really screwed up. You could have gotten our heroes killed! No school of infantry!
    You know the Airdales want them!

  • norrishappy by norrishappy Aug 22, 2015 4:15 PM Flag

    Take down cowardly terrorist. Bare handed. Then attend to the wounded first.

    Crazy brave. Air Force guys and even a civilian?

    Three big misses for the Marine recruiters. They missed O'Neil too. What is going on?

    Ok O'Neil was right thing to do. But still!

    Unsat!

    Sooner or later our Marines are going to have to do some ISIS pest population management. No idea what these Americans specialties are. But they are needed along side.

  • It is a sad thing. Ger-Really-Old-O was blessed to come up in a time of great general prosperity.
    With such wide margins of economic opportunity, the American economy could absorb and adjust to additional unskilled supply of labor.

    What is sorely apparent in the Progressive utopia of FailUfornia is highest in the nation poverty.

    Now we witness after the depopulation of many rural economies in the magically productive central valley, labor shortages. The drought is an act of nature but the horrendous water shortage is Progressive made.

    Schools where the children of illegal parents go are terrible. Despite high per pupil spending in general and below standard schools in particular.

    I guess it would be nice to have an extended childhood stretching back into the beginnings of a long past century. But when one is a talking head, more wisdom and less 'advocate' tantrum would be the natural order of time and experience.

    The American Constitution's purpose is to keep the people sovereign. Yet, our 14th Amendment animated to protect the God Given Rights of Citizens is now a blunt object to tell American we can not decide who can join us, as a people.

    By elites in mock religious robes of honesty. Which doesn't concern the Progressive material nihilist appointments.

    Yes, the American with Chinese immigrant parents was clearly a citizen. Plus he was not an anchor baby. Of course our experience with Chinese immigrants of the Gold Rush era is very complex and ugly.

    No, Americans are not going to toss out the least of these. But to claim we do not have a Just authority to do so is as insulting as it is immature.

    Plus, it is not hiding in the shadows but the uncontrolled power of 'Latino' drug slavers which holds our immigrant communities down. Plus Progressive demands to hold all people in these communities to the lowest common denominator.

    Unintended consequences can be forgiven in children. But not in a Ger-really-old-o.

    $17+ ben to pick? Good!

  • Reply to

    What a slaughter

    by rcunj Aug 19, 2015 12:43 PM
    norrishappy norrishappy Aug 22, 2015 10:39 AM Flag

    Ignore

  • Reply to

    CPA's only-----

    by tampico1200 Aug 20, 2015 12:19 PM
    norrishappy norrishappy Aug 21, 2015 3:18 PM Flag

    The value of the assets is of course tied to the price of oil and gas.

    OIl at $20 or $30 is way below the marginal cost of production. Unless there is a deep worldwide depression depressing demand, it can not be sustained.

    Right now you have the perfect storm of Obama setting off an existential conflict between the Sunni oil states and Aryan Mullah Iran. With ISIS running around lose building strength.

    Then there is also that Chicom black swan swimming around. What data we do have can not be trusted.

    As usual Obama running around not attending to anything but his false glory, has magnified the uncertainty to near panic. A little more subtle than when he screamed FDR night after night despite the panicked market convulsing every-time.

    Odds are a new Republican President comes in. Economic growth begins to pick up in just relief. Action on stopping this voodoo Climate Control inquisition combined with corporate tax reform is most likely to launch us into the delayed normal recovery growth. 4%+

    Energy prices and certainly futures will react.

    But if Democratic voters afflicted American with a Hillary no aware person can respect nor trust?

    Unfortunately due to Progressives we are uncertain. Rationally so.

  • Reply to

    Ellis on Linn

    by garrh Aug 20, 2015 11:00 AM
    norrishappy norrishappy Aug 21, 2015 2:39 PM Flag

    Poor Oliverbur,

    If you must go on with your ignorance show then so be it.

    First the nature of the charts. These are double action markets. If you are going to buy in a meaningful slug of bonds, the poor individual with 10 bonds to sell is not a meaningful data point.

    As you pointed out but did not understand, the trading in LINE bonds is not deep and liquid. So the charts you are trying to employ are absurd. You need to go up and down the ask points and not any transaction of any size as a data point.

    Management actually has an advantage as portfolio managers will not want American energy bonds let alone LINE bonds in their quarterly reporting. It is management getting good prices and not the managers.

    Look OliveOilBur, you are not sophisticated in anyway. Just childishly arrogant so you really do not understand what you do not know. Typical of emotional driven Progressives. Why we must give you all a time out from power.

    There is no reason for Mad Who to even respond to your silliness. You are being very childish to keep digging rather than just stop.

    Look to the extent there are real posters stating ideas for feedback, they are due all the respect of honest people.

    You are no such thing. You are a poser.

  • It has not been fun.

    Now Mr. Payne likes to claim he and Mr. Varney are like All in the Family and Jeffersons. Talk about to far back!

    Completely wrong. It is more like the Fresh Prince of Bel-Air.

    Mad Who has not worked it all out. But no question about all the similarities.

    Would Mr. Varney be best as Alfonso Ribeiro? Uncle Phil? Or the crafty funny speaking Butler?

    Although in real life Will Smith has a big happy family. Which would put him in the lead.

    To be honest the emotional haties do call Mr. Payne a Carlton. Of course Mad Who imagines Mr. Payne smiles all the way to the bank. While being generous on the way.

    Hey Some One!
    Yes?
    Do you suppose it is really about the dancing?

    Mr. Ribeiro really doesn't get proper credit for such a masterful character creation and development.

  • norrishappy norrishappy Aug 21, 2015 1:29 PM Flag

    No defective Opie of the illegal corn ethanol mandate,

    Yes the majors are stressed. But their balance sheets are strong enough to wait it out. The situation has nothing to do with rational economics and therefore can not be sustained.

    Lower prices are increasing demand. Conventional resources are declining just as our shale wells are. As we can see from the Bakkan, it is happening.

    Folks should take noticed SA made some meaningful increases in production capacity. Not validated by these prices.

    Once again Obama's limitless false vanity has created an irrational state. Irrational states are not sustainable. What the outcome will be can not be known. How long an irrational state might persist is not knowable either. Simply that it must collapse. Like Spain and Germany in slow motion.

    Economic growth was the safety. That the limits of SA's supply would be exceeded. Imposing a level of rational market economics.

    Obama has killed normal growth for 6.5 years. It is not going to change for the next 17 months. If America does not grow there is no safety valve for the childish mistakes on the Neo-Mao. So Obama adds to the uncertainty with completely pointless methane emissions regulations. It is what Obama does and why he is the worst economic failure in the post ww11 era.

    Yea it is all because meanie Republicans did not appointment him first high Priest and citizen of the Republic for life like Cesar.

  • Reply to

    Ellis on Linn

    by garrh Aug 20, 2015 11:00 AM
    norrishappy norrishappy Aug 21, 2015 12:19 PM Flag

    Oliver you vanity drives some really amusing cartoon antics.

    Have the discounts to par increased or decreased? The negotiated discount was 35% off face. Now the market is offering 50%.

    Look you clearly have no understand at all. Better to just stop now.

  • By LIAM DENNING

    As crude oil teeters on the edge of the $30s, it isn’t necessarily China or Saudi Arabia that will push prices over the edge. Rather, the final shove could come from the U.S.

    This isn’t about stubborn shale supply either. Rather, the big number to watch in coming weeks is refinery utilization, which measures how much of America’s refining capacity is running to turn crude oil into products like gasoline.

    This summer, those refineries have been running flat out. On a four-week-moving-average basis, utilization has been running above 95% since the week ending July 17, according to Energy Department data. That is the highest level since the summer of 2005.

    Again, in this Obama fun house of base personal progressive vanity, there is no way to really value LINE.
    Those that wish to bet on oil go with majors and strong balance sheets. This is a geopolitical war and economics are in the rumble seat.

    We are witnessing Progressives destroying American energy self sufficiency at the moment of their maxim world instability. Nor would it take much to have this hot oil war spill over into shooting war in the Middle East.
    Not to mention the weaker oil states socially collapsing.

    Not Putin and Russia though. For all the silliness in our eyes, the man is loved in Russia. Using Goebbels play book on ethnic nationalism.

    The Republicans need to get serious talking to the American energy entrepreneurs. Fashion rational policy.
    Also, the ethanol pimps need to be told their mandate is be phased out. If they engage in any more of this corrupt power politics, the mandate just goes way per the law.

    The President has the science/observation and authority to do so. I can not support Trump all the way. But this is a perfect example of why people really are supporting Trump. He would get this mass insanity phased out in orderly fashion. Leaving the ethanol pimps something if they are reasonable.

  • By CHESTER DAWSON and CAROLYN KING

    The operator of Canada’s largest crude oil refinery, Irving Oil Ltd., said it has stopped importing Bakken Shale oil from the U.S. in favor of cheaper crudes from such producers as Saudi Arabia, reflecting a shift in crude costs affecting East Coast refiners during a global slump in oil prices.

    The closely held company’s 320,000-barrel-a-day refinery in Saint John, New Brunswick, one of the biggest by volume in North America, has reduced purchases of Bakken crude shipped by rail to zero from a high of nearly 100,000 barrels a day two years ago, Irving President Ian Whitcomb said in an interview on Thursday.

    “We’re not importing any Bakken crude right now,” he said.

    There is no honest rationality in Obama, therefore no American interest in what is happening to our energy security. Which is feeding back into scared consumers hording their gasoline savings.

    What is the value of LINE? No one say form Obama has created a completely irrational personal glory mess. An irrational mess.

    Hillary promising to afflict us with even more thoughtless imposition of solar panels is just more irrationality. No engineering and so no grid planing.
    There are simple engineering solutions to really make electric cars more viable. Charging batteries at night when the grid is way below capacity. But such simple logical efficiency doesn't mess with the alternative energy corruption.

    Progressive politics of the zombie herd. Science and technology? Nope. Just Grubering.

  • Reply to

    Reviewing LINN's hedged position

    by dlw2244 Aug 20, 2015 3:21 PM
    norrishappy norrishappy Aug 21, 2015 10:23 AM Flag

    Now Oliver the value of the hedge book is disclosed in the 10q. Do so reading rather than even more silly posing.

  • Reply to

    Ellis on Linn

    by garrh Aug 20, 2015 11:00 AM
    norrishappy norrishappy Aug 20, 2015 11:58 PM Flag

    What you do get Ron^3 stilts!

    Really silly. very silly.

  • Reply to

    Ellis on Linn

    by garrh Aug 20, 2015 11:00 AM
    norrishappy norrishappy Aug 20, 2015 11:57 PM Flag

    "Bond buybacks are a lot more challenging to pull off than equity buybacks, especially if the bonds have moved from institutional to speculative holders who will extract their pound of flesh."

    Wow that is silly. What discount did management get in private negotiations?

    Just make it up ;)

  • norrishappy by norrishappy Aug 20, 2015 9:20 PM Flag

    my completely misguided brother Cornel West.
    In human history and therefore history of Christianity, the human material condition has never been so rich.
    To the extent true material want exists in American, it is because the problem exceeds the blunt effectiveness of the bureaucratic state.

    Yes, you have to be some sort of Christian not tethered by any of the great Christian Theologians over two centuries. If you are going to center your purpose on materialist redistribution. Plus the political power structures to compel it. While naively assuming such a system could itself be controlled. Such experiments have always failed as it goes against human nature and free will.

    In fact even the most convicted colonists could not make such a theory work for them. Even in a tiny community group. Where most of the mothers sacrificed their lives trying to keep their children warm.

    As dysfunctional as our inner cities are, due to what should be rationally expected political outcomes, it is nothing like Christ's Judea. Christ in fact submitted to the corrupt Temple authorities. To a trial and punishment against the law itself. Which is a core reason Cornel's re-branding of 'liberation collectivism' as revolutionary theology has never made much progress in the 'black church'. But some of the old Protestant denominations are being schisms to inert fragments by this foolishness.

    Cornel's theology is as sound as Gnosticism. I know the material nihilist press gets all excited when these illogical stories,easily dismissed by mature discernment, are found. But then logic has nothing to do with it.

    Dr .Carson is informed by Intelligent Piety and individual human potential. So a Christian duty to public education and economic opportunity. The ideal being an Individual choice to live in the fullness of Mature Liberty.

    Truth is Dr. Carson's understanding works in experience. Poor Cornel has no example of success to point too.
    Revolutionary or just foolish?

  • Reply to

    CPA's only-----

    by tampico1200 Aug 20, 2015 12:19 PM
    norrishappy norrishappy Aug 20, 2015 2:57 PM Flag

    Naw Opie, Your daily nonsense has kept that memory fresh. Especially as you were accurately named Opie.

    We Americans striving to be mature have a big challenge. This world of man will never be a utopia.
    Yet assemblies of Americans living in Liberty are called to purpose and service. All we can do is try to persuade fellow Americans to give the material nihilists Progressives a time out from power. But we also must move the wanton childish from our path. It is why we have Freedom of Assembly and rational free speech.

    Public disruptive tantrums are illegal. It is not the same thing.

    You know this went on over a year.. They were on my path to groceries. I really tried to listen.
    I also always made a point of smiling and saying no thank you.
    This was a very cold day my mind was lost in my own worldly troubles. I did not turn and say no thank you.
    Which was likely the trigger for a young man already accepting but struggling with humiliating himself.

    I am older. I am more 'worldly'. I strive to be a Christian. Shame on me. I am thankful it did not become even worse.

    I never did see him again. Which perhaps was terribly good or terribly bad. I do not know. Nor will I know.

    What I do know is a simple human acknowledgement on my part would have avoided it. The shame is mine and mine alone.

  • Reply to

    CPA's only-----

    by tampico1200 Aug 20, 2015 12:19 PM
    norrishappy norrishappy Aug 20, 2015 2:15 PM Flag

    True. LINE has some years before it reaches a possible true crisis point.

    The lower Obama's childish vainglorious agenda maximizes uncertainty, the more powerful the eventual bounce back will be.

    The world is not peopled by American entrepreneurs. Flexible, creative, adaptive and just good grit. Required investments are not being made. Even as the Middle East has never been to fatalistically unstable.

    Economic demand sprouts could appear in 2016. Depends on a clearly expressed rational economic agenda.

    It will not be absurdly and insultingly corrupt Hillary. It will not be honest, hardworking but naively primitive Bern. Nor at this point do I think poor Americans are going to reward 'back in chains' Biden.

    The Intelligent Piety Foundation simply will not accept this any longer. Real hope only comes from a naturally more respectful person.

    It is so painful to see this black lives matters material nihilist is likely white. Not just genetically but poor 'white' culture. Getting beat up by thugs is no proof of ones culture?

    When I was in Chicago there were young Black men who would shine your shoes to make time to talk. I tried to listen as I passed to understand. It could be something powerful or something terrible.

    Usually these young men were impressively polite to a level which would be impossible to fake. Not for so many young men and not for so long a time.

    But as I was just about convinced that such a remarkable thing demanded my time, one young man became frustrated. He followed me. Opie this and Opie that. I did understand and it hurt me terribly. I was older and should have figured out a way to have avoided it.

    I also felt terrible that my thoughts were focused on reflexive self defense. He was an emotionally angry young but powerful man. He was in a position of great advantage. But to the young man's credit venting some venom was enough.

    Does this make me white or black? Willful ignorance.
    We Americans have real work to do.

LINE
3.30+0.40(+13.79%)Aug 28 4:00 PMEDT