That average will be reflected in what chkr sells its NG for. Last quarter they got around 2.28 per unity with Henry Hub price around 3.60's. I know they will not get anywhere near the 5.40 average and the average will most likely be closer to 5 for the quarter but hard to believe that they would fail to see an increase of 10 to 25 % increase over the 2.28 price. You think they would get at least 3 bucks but I doubt they will being as how they are terrible at what they sell NG for chkr and even worse for CHK.
obboi your nothing more than a day trader I guess. You come in hear and cheerlead chkr and promise BIG price jumps to over 14 and now you say short it lol. Your a joke and a clear piece of glass that can be seen right through. The time to short this stock was when it was in the 12's to make big money. Why didn't you cry short it then instead you was saying it would go up to 14 or 15.
NG storage is down 152 units today and its storage number is now below 1200 with more draws to come in march and next weeks due to the still present cold weather over 60% of the country will be around the 150 number. 4.60 plus for NG is over 25% higher than were it was this time last year. The trend will continue to go down from here is what I expect and could very easy drop below the 4 buck a unit price but I still think it will average over 4 for the year. None of that will make chkr a good investment however. Short it if you want but based on lower production going into the future and lower return on investment as distribution fall down but NG will do better than chkr to invest in as the storage numbers will not recover to the big highs where they were as the days between winter cold moves strong into March and April for much of the country and then comes the AC burning summer. Now go and place your short order.
scs which one of Obama stated goals do you oppose? Obama is a millionaire why do you call him the lowest rung of the American people? What makes up that rung? Or better yet Who? Who is your enemy?
What group of people do you fear? Clearly 75% of the American People are no better or worse off now than when GW Bush left office. I suppose that would be the lowest rung? 75% of the people? Why would they not want change that would appeal to them if the current way of doing business and power in DC is controlled by the people with money to get "their" kind elected.
Just what parts of our Gov. do they want to overthrow? It would seem to me that it you and your kind that want to overthrow things back to the days of pre 1929. Never mind that over 50% of the people of America were rural back then. The country has evolved while you want to go backwards to a time where unfettered wealth ran everything and the poor were left to rut hog or die. Many could back then as over 50% did in fact live where food could be grown and animals hunted but all that has changed as big Agro business owns and controls most of the farms land In America. Those big city manufacturing plants that offered hope to those down on the farm are moved to Asia thanks to fat cat globial new world order boys who run American Parties
and have elected 4 of the last 5 president to push their agenda and even Obama is not against them he merely is not as much for them as the other 4 have been.
You are right to fear me. I want to go back to tariffs and quotas and force American and foreign Global corps to bring back our jobs. You want to wave good bye to them for the sake of being able to call yourself a capitalist free trader. Your not a capital but a globalist new world order supporter and your not a free trader as we get zero free trade in globalism but we do all the giving. You fear an empowered by new jobs and better life Americans as you enjoy being one of the 25%.
Lake please explain who and what you mean by lowest rung of the American people? Color? eco class?
location? Just what in your non prejudice mind do these lowest rung folks exist?
Lake how terrible a hell life would be if those monsters against humanity are not held accountable for their deeds they commit. Paul says that if we are wrong then we are too be pitied for we should of lived our lives eating drinking and being merry. That is a life of total selfishness directed toward only yourself without regard for others. I on the other hand might embrace my own brand of selfishness in how to deal with the idea that those who abuse, murder and torture others if they are no judgment to come. I think the OT of eye for eye makes sense. The fear of what I will do to you if you cross my line would have a lot more effect on humanity than hiring lawyers to settle abuses.
I saw a show once about Peabody Coal co. destroying the land around where people lived and destroying the water with mined coal trash. While lawyers and Gov haggled and argued and old man I think had the real answer. He said "They don't bother me" when they came up on the ridge to do some blasting I took out my Winchester and shot up among them and they haven't been back since." The interviewer asked the old man
"Aren't you worried about the Law". The old smiled and said "Son the Sheriff knows I shot better down hill than up" If there is no judgment and those with power, money and lawyers can do as they please then I think we all need to practice shooting so we shot good up and down hill if the need arises.
Without the Lord and His telling me to "Turn the other cheek and love my enemies" then I see no reason not to DEAL with line crosser in a way that is crystal clear. However I do have faith and I do believe that come the day those who have abused the least of them will find out that Jesus coming in judgment is a far worse thing to deal with than anyone shooting up hill or downhill.
I am often tempted to "deal" with things my way. But it is love for Jesus and trust in him that makes me repent, confess and trust him to walk me into his rest.
Same song today PGH UP LSTMF down. I own 20,000 shares of both right now one is showing a 3,000 loss the other a 3.000 gain. To say I enjoy my holdings in PGH over LSTMF would be a great understatement. I doubled down on both and PGH has almost gotten up to even with the double down while LSTMF has eaten away most of that gamble win. LT I will hold LSTMF until I sell off some gains to cover my losses meanwhile I get reduced dividends with almost a 15% loss due to Canadian Tax and lack of tax credit that recaptures the taxes paid. OH well its only money and life is too short to focus on such things.
Enjoy today your not promised another.
dakine I fondly remember those 15% CD's. My dad put all he could in them for 5 years and if you didn't buy a home or a car the interest rate didn't hurt you that much as you were getting those high interest rate from savings. I was lucky to be in a business that was making money. We put our business cash in those 15% CD's and our profits in 5 year CD. The average person didn't buy a home or car or cars as they seem to now so the average wage earning was making money off a simple bank saving account or 5,000 buck CD's
Today the average person is making crap and only those with money to invest in the stock market or other forms of non interest investments are making good money.
RR did by choice what Obama was forced to do. RR increased Gov. spending which Obama was for and RR also cut taxes on the rich. Obama would of liked to have small increases on the rich but the GOP would have non of that. Bottom line is that RR and Obama both ended up Steming the eco to save it. RR and his advisors were not stupid as the tea party and GOP is today and they understood that if you cut Gov. spending you will kill any hope of a recovery. RR couldn't make it pass the GOP primaries on his policies and only a blind party nut job can't see the truth about RR eco policies.
Putin is a real commie lol. He raddles his sword the global eco market start to nose dive and he being a good capitalist immediately tries to ease fears of a war in the Crimean. The GOP talking heads are quick to blame Obama but not one of them has come up with any actions different than what Obama has used.
Putin will get as much for Russia as he can. To see moving into the Crimea which as you point is as much Russian in history culture and people make up as anything else is not to be met with any military action from anyone I heard even the GOP hawks sayings. The area of Ukrine that Putin wants is mostly Russian and they want to be Russian. Not an easy solution.
Lake in the bible Jesus says Why do you call me Lord and do not the things I do. I am glad you follow many of the principles that the bible teaches especially the New Testament. I am sorry that so many you encounter do slander to the Name of Jesus while wearing His name. What you have against me or them do not hold the master as one who is pleased by our foolishness and failures. The Kingdom of God is not just heaven Lake. It is the people of God doing the will of God. You are right about how I live my life based on the belief of a Great Judgment to come. It is not my desire to live for ever or fear of Hell that makes me believe. Perhaps I should desire heaven more and fear God more but it is my profound belief that those who do wrong on this earth will indeed face a God that they can't con. I will face the same God and I have already been told what he will Judge by. It is not do you go to church or do you give money to church or do you hate sinners. It will be judged on What you did to the least of them you did to the Son of God.
Those who's life is full of hate and racism of any kind will be rewarded for hate. It truly is love your neighbor as yourself. Paul breaks that into one thing because he understood that even though Jesus said all is wrapped up in two commandments Paul understood that you can not love God unless you love your neighbor.
You Love your neighbor you will be loving and obeying God.
The cancer you see is not the GOP#$%$/Teaparty as you think. It is the same cancer that grew in Sodom and Gomorrah when they failed to love the least among them and turned into totally selfish driven humanity.
The cancer of selfishness grows from something small to something that must be served by the whole being of the body. Every area of your life will be given over to selfishness. Sodom and Gomorrah were not condeamed because they were Homosexuality in it but because they had given in to total selfishness.
This stock seems to be saying your dividend is safe and will soon be going up. Nice to see it going up from the lows and they have totally changed their business model during the down turn in tanker market.
A look at the 5 year chart shows just how much this company has changed in value, dividend payout and business focus which drove the stock price. The past is ugly lets hope the future is better much better :)
scs you and your soul mate rje are a match pair except he is more honest about what he really thinks.
I am a professed racist for the reason I stated.
Galatians 5:14-15 Has some True words that apply to both you and I. Paul says "For the whole law is fulfilled in word YOU SHOULD LOVE YOUR NEIGHBOR AS YOURSELF. Notice Paul does not put any qualifiers as to what kind of neighbor you may have. Verse 15 But if you bite and devour one another take heed that you are not consumed by one another. Clearly you and I are a lot better at biting and devouring one another than Loving each other. Or maybe you think you do both just fine? I know two things that I confess 1. I have racism still in my flesh but try hard not to act on it and get it out but I do confess and ask forgiveness for my sin of the flesh. 2. I can love and forgive a person who does not have or believe the word of God for transgression but for me to overlook such transgression in those who wear the name of Christ I have to confess failure far too many times. James says a lot about the human tongue in James 3:1-13 He warns of how words from our mouth bring shame to the walk of the Kingdom. Verse 8 "but no human being can tame the tongue , a restless evil, full of deadly poison. 9 "with it we bless the Lord and Father, and with it we curse men, 10 "from the same mouth come blessing and cursing. My breather , this ought not be so.
Once I told "jokes" which were nothing but pointed spears of insults and attack on a person who is my neighbor now I admit that is wrong. When I slip I admit error and repent. A Christian has liberty in Christ but clearly that liberty is not to be used to attack others. You have the liberty In Christ to be tea party if you like.
You do not have that liberty to use to attack those who disagree. Attack facts and disagree over facts is fine but to insult and attack the person and try to demean them is wrong. I do this way too much.
scs I see your taking up and paling up with rje a racist to the core and a man who accused me of being nothing more than a drunk. Now run off to a bible study after showing how you don't judge or think the worse of your fellow man. I do not embrace Lake hatful post and tell him so. I do not care if we both vote the same way I am not the same type of individual as Lake merely because I read and GOT the sermon on the mount. You on the other hand embrace your brother of tea party lines and thus birds of a feather flock together as well as pigs and swine saying is indeed proven fact based.
You and rje try to dismiss those who dare to disagree with you as poor folks or drunks. Have a good nap at bible study you clearly don't pay attention to well. But your religious pompous talk out of one side of your mouth does show non believers like Lake just how phony faith can be when only embraced as a weapon to use to justify unloving feelings about anyone but those like you. Clearly you are NOT a man without any guile.
grg I do not understand your idea about the closed in fields can you explain that in more detail? I understand that the proved reserves are indeed higher and production itself is higher in NG but that is due to primary wells being dug and fracked today for both oil, NG and NG liquids. The available rigs is not that great so I don't understand how all those wells could be "quickly available" also given the surge in NG prices still above 4.50 I can not see any reason to keep a NG well capped as I think we have seen the high for the year in NG earlier this year. I do see in 3 or 4 years the export of LNG will be enough to create more need for NG than exist today. IF big IF Obama finds a way to move forward on NG driven cars as he talked about in the State of the Nation address that too would put more pressure on the demand side.
I do not see demand going down under any conditions but just do know how much supply will increase. IF NG prices remain in the 4 dollar area more pure NG wells will be drilled but the price I think will need to stay above 4 before the E&P boys leave their quest for oil, NG and liquids to go after pure NG wells. Only proven good production areas are now being drilled for the most part. I own a royality trust in the Green River area and the number of new wells being drilled for NG has just recently started to pick up again that driven by the increase in NG prices.
As for chkr I see increased prices in NG being no more than 10-15 cent increase in revenue at most with 10 cents being closer than 15. Not much but given the decrease in production anything helps.
Both of these companies are Canadian and do have some things in common but also both have different futures in mind but one sells off yesterday and is up slightly today and LSTMF sells off today. PGH stayed down all day so lets see if LSTMF goes lower than a 20 cent share loss. Oil and NG both down on futures but all other E&P I own are up today nicely with the dow I guess.
scs No I can't see why your confused what part of Large % is the same as ALL to you? Now wonder you think that the tea party agenda does not appeal to racist. When the tea party targets for doing away with Gov. spending minorities who indeed do make a Large % (note not ALL nore even over half as more whites are on social programs than blacks) racist see this as the party to support. It is proven fact also that the Koch brothers and other fat cats pump money into the tea party efforts so why do you deny that?
So from your post about dying it seems you again put money and cost ahead of human life. That is fine with me but why do you also wave the flag of Religious reason for being against abortion? If it is all about money
and saving money so you will be taxed less and the poor Gov ability to do anything about that then why not support abortion and in fact demand it from those who are gov. support? Instead of Just drug testing lets means test as well to have a child. If it is going to cost the Gov. money to pay for delivery and medical cost and then food stamps of such a child lets just end the problem before it starts?
You guys who love money over human are the purest forms of cowards to me. Why because you do not have the balls to put a bullet into some to end their life but you will stand by and do nothing why that same person starves to death or is turned away from medical treatment.
Tell you what I will do scs I will do your dirty work for you. You and your crowd pass a law that takes away all medical and food help to the poor and empower me to be the guy that gets to shoot them to put them out of their misery that way you hands like pilot's will be clean of the person death and you can point to me as the guy that did it? That is the way the gutless right works. No stomach to stand up and do it yourself you try to find a back door to allow death to take a person. The Gov is not rich enough to save them lol.
scs your assessment of of the love/hate relationship between tea party and "elite" GOP does not mean that tea party members are not racist. I have never said that ALL or even a majority of tea party are racist you have me confused with Lake. I agree that the "elite" of the GOP some at least do make money off of a bigger gov. the more money you pour into an eco the more and faster it grows making all better off.
If you live in poverty you will not rise up as much as those with means as Facts show that the better off are more better off today than they were when GW left office. The poor remain poor and are not in better shape than when GW Bush left office. However if the poor was treated the way the Tea party wants or the GOP for that matter they would be dying in the streets.
Why do you not answer my questions? I answer yours. Do you favor a system of health care that only treats those with money? No ER service unless you have money or insurance to pay for it? Not that hard of question so why do you dodge it? I think the Demo position on abortion is wrong. I have felt that the fetus or baby if you prefer should have rights. The old line Liberals believed this way and caved in to the women rights groups but to be a true liberal and deny the right of life which abortion does with only the women making the decision is wrong. The supreme ruled outside long accepted principles of law based on responsibility and human rights when they reach roe v wade. That said the right's idea of protecting life ONLY while in the womb is in itself a violation of human rights to life. The thing that makes abortion wrong is the right to life is taken away and when you take away due to lack of money the same principle is being violated. . To protect life in the womb but be against food stamps given to same baby or medical treatment is just as much an attack on life as is abortion only more painful and torturous.
grg obboi is a lot more of a cheerleader than I am but he is correct in that NG is really going down in storage numbers and this storm will suck out more NG from that storage. It has been 11 years since the storage numbers have been lower than they are now. The price of NG has been higher in the last 11 years but lack of storage does help to keep NG prices up. Production of NG is also up from other years or the storage numbers would really be low.
Jeremiah Wright preached some truth but was by my standards a person whos life experiences had caused him to be a racist. Mandela was a man who suffered racism more than most and was a racist himself at one time but found a way out of the trap of returning hate with hate instead of forgiveness
You having not been raised in the South during Jim Crowe laws have NO DOG in the fight now do you?
You see facts being posted not as facts but as some sort of Guilt trip. That is the way of those on the right like yourself you see facts and instead of accepting facts try to find a way to twist and discount the person who delivers those facts. The FACT is that ALL the Southern RED States today are majority white, all of them in their history practiced racism as a state law. You try to bring up one man as a shining example of what? His failure or his race failure? Mandela had FACTS on his side. He had ever right to fear and dislike the white power base that totally controlled his country and the church that endorsed racism as well. He found a way to forgive and work to repair that horror. Martin L. King tried and was murdered by a racist of that system.
If you are wrong better to admit it embrace the guilt and damage the wrong has caused and move on. I accept my scars and it is very easy to see the lasting effects of others who today still are racist forever locked in a system they do not want to escape but instead love and believe in. rje on this list posted about gold jewelry and tennis shoes showing that in his racist mind all abuse of the welfare system is to be found only by those who dress that way and are of course black. Do you not see racism in his post? Will you dare admit it? Education does in most cases lead to a better life style which gives more material stuff which does lead to selfish temptations. Do you think only those who can pay should be able to enter an ER?
Our weather is suppose to be down to 14 degrees tonight and 18 was our low before tonight. Having so cold of weather in March is something new for our area. Storage numbers sit at 1348 units of NG as of last week and I believe the next two weeks will pull it down to around 1100. It may even go below 1000 before it starts adding up again. At 1348 it is already lower than any of the last 4 years has seen with 1559 being the storage number in April 14 of 2011 being the closest. IF 2014 pull minus numbers to April 14 it will go well below 1000 units but even if reaches only 1000 that will be a low not seen since Apr of 03 in storage.
Yes this is winter related but you can't ignore that price of NG will be effected by those storage numbers for several quarters to come with chkr disbursements. Liquids from NG are the single biggest revenue producer in chkr trust and I do not know what effect the price of NG has on liquids but I do see some of the decline in production revenue being offset by higher NG selling price and higher oil price than last quarter.
Time will tell and how long this cold weather hangs on. The latest Artic front is working itself East which will bring colder temps in the next few days to most of the 2/3 of the US.
Lake I never said that rich or smart folks couldn't be racist. A person who is prejudice is a racist of course but prejudice people can also be as hateful and blind and stupid toward a class or people as a racist can a color. All poor are without value is a prejudice which extends across racial line. All uneducated people have less value is another. Both of these prejudices are as harmful, stupid and hateful as racism or sexism.
You seem to think that education voted Obama into office that is your prejudice showing through as 90% of blacks voted for Obama and the majority of them were not educated nor was the 70% Hispanics who voted for Obama nor were the majority of women who voted for Obama (HS degree only)
To make your point you should of said that the majority of White males who voted for Romney had no more than a high school degree.
Being "educated" is not now nor has it ever been a sure fire bet that an education makes anything but a selfish voter. Most well off GOP voters are "educated" and vote their own selfish interest. Arkansas remains and Old South state in majority and vote red state against the financial interest of a lot who vote GOP because prejudice has blinded them.
Texas is both an old south state and one full of middle class and above selfish people.
To you and I the idea of a person being allowed to die for being turned away at a hospital is inhuman but the current GOP Gov. of Ga now running for Senate seat is advocating just that. The GOP and Tea party is full of folks who think that money is the value in which human life must be judged so they do not care to if folks die as long as it cost less.
They do not have the balls to do the killing themselves and deny that is what they are about but they are cowards who want to murder without getting their hands dirty and use a selfish appeal of prejudice against the poor to justify their murderous hearts.
Hitler understood this well and used it to his end.
scs since when do you give #$%$ racist or neo #$%$ the credit of being intelligent?
There hatred of folks not like them causes them to make decision based on hate and not facts. So your argument that white poor racist would not cut off their own nose in an effort to strike a blow against people of color is simply wrong.
Since you yourself claim not to have any racism in you (thus giving you the right to throw a stone) I do not join you and Duck man Phil in such a claim. I have been a racist since I was raised in a state that practiced racism as law. I went to churches who preached racism. I guess you didn't? I was indeed effected by that and I to this day see far too much lasting effects from that way of growing up when your state, your gov. and your church said it was OK and in fact to be a good Texan, Good USA and good Christian you had to practice racism.
I know plenty of out right racist. Some I have lent money too as they were broke and needed help now they look down on their noses at other folks (blacks) who get help and are proud that they never took food stamps but seem to have forgotten to repay what I and others gave them. I know racist who were worker bees and worked beside blacks and were racist then and remain lower eco class racist today. I know once poor but now better off folks who also have been racist as well both when poor and had nothing and today. All are Tea Party members or GOP. You see SCS poor white folks always were told that no matter what their eco status was they could use the white fountains, white bathroom, motels and ride on the front of the bus. They are after white and money does not make black white. They are lots of racist who vote Demo
the % of racist In tea party to GOP and DEMO is a lot greater. 99% of tea party events are white. Even the GOP does better than that in attracting supporters.
Maybe you just don't know any racist or just in total denial. Since you see yourself as not racist.