the Federal employees will be provided free breakfast and lunch during the year long class
the NG companies are heavily in debt with no chance to pay it back. The second quarter is about to end and I think there will be some major losses reported. This is the only way to end the fairy tale EIA Extrapolations.
this play will continue for as long as the criminals can make money. JOIN THEM
very weird. the state that collects taxes from the NG producers in its state knows less than the Federal Government.
very weird. not sure who to believe, the company reporting the loss or the "experts"?
weird. totally contrary to what the "experts" are saying
over $10 billion in debt with the so called executives making more money than ever before. Stay away from these criminals
there is no more money to be made on the downside so the Wall Street Criminals came up with a new game plan. Take advantage of these worthless criminals....
CHK now at a 52 week low. Massive losses reported and selling its land to stay afloat. The Wall Street Criminals think they can put pressure on Putin to give in on Iran. I got news for you criminals: Russia has NO DEBT.
another ridiculous number to be released today that should be taken at face value in order to make money.
suppress the logic and ignore the facts:
- down over 1000 oil rigs and according to EIA there has been no impact from the associated gas no longer being produced. More rigs to come down next week when Iran is allowed to start selling its oil, but no impact on production should be assumed.
- down to just 220 gas rigs and absolutely no impact on production
- Exxon and the other major NG producers reporting flat to down production, of course, no impact
- every NG state website totally contradicts what EIA says but the Wall Street Criminals are ignoring that.
go with the flow, but stay very alert. The criminals will change course when you least expected. Make enough money now to be able to take a hit in the future....
I am now trading NG again, both long and short. I'm convinced that the price of NG will move significantly higher from here but that might take awhile. Unfortunately, joining the criminals and embracing the EIA lies/incompetency is the only way to make money.
hi Billy, 2 rigs is nothing. There are at least 40 NG producers (go to the ngsa website to see them) in US. Just Chesapeake operates about 35 to 45 rigs. So the only way the rig count is going to drop from here is if some of the NG producers will go under.