For much of my life I was hit with message that 'the US must become energy independent'. And for most of that time US leadership never tried to attain that goal. So here we are, with the ability to become independent, in fact able to become an exporter. Now the Feds want to slow it down with regulation from EPA etc. It is quite clear our government is bought and paid for by the Saudi family, welcome to Obama-nation.
The LNG infrastructure is continuing to build, pipelines are being built, exporting LNG will support the price. NG will take over coal in electrical generation, a year round operation. Stop drinking 2 much.
There will not be any change to the final (corrected) 1099 regarding the LNCO dividend. I can go ahead and now file my already completed tax return. It least the dividend was qualified and not ordinary.
Sanction removal adds 500k bpd to market. May or may not happen, but looks already priced in.
I thought this was bunk until I did a search. And yes, it is still a listed ingredient. Now I'll look for other products to drink.
From the Prevention site: Its use in beverage products could be completely eliminated if companies printed "Shake Well" on their packages, since carrageenan essentially makes sure liquids remain mixed. Although derived from a natural source, carrageenan appears to be particularly destructive to the digestive system, triggering an immune response similar to [being] invaded by pathogens like Salmonella. The result: "Carrageenan predictably causes inflammation, which can lead to ulcerations and bleeding," explains veteran carrageenan researcher Joanne Tobacman, MD, associate professor of clinical medicine at the University of Illinois School of Medicine at Chicago. She says the food ingredient irritates by activating an immune response that dials up inflammation.
Why not go up, most of the cap ex work is done, now they're producing.
Looks like the bottom is firm down here.
Talk about LNCO getting taxed in 2 years so they might have to cut the dividend relative to LINE when that happens? Why doesn't the LINE tax treatment confer to LNCO, as LNCO merely holds shares of LINE?
Unlike last season the northeast prepared for this season:
I see demand is really up, coldest season since we can remember, but prices not so much.
January 15th press release (and my February broker statement) has the dividend as 100% "qualified" for tax treatment. However, as big cheese says, there may be a revision early April, so don't file your returns until you get the final word in April. (I have mine done and ready to hit send but will wait for April's revision. I may save more money.)
Spartacus agrees. You summarized the sword point very well. Now we can all go back to study for our PhD (Piled higher and Deeper).
No, I'm Spartacus, with an MBA in finance from a top business school.
Are we done laughing yet?
The numbers mean whatever the beholder thinks they mean because PGH had a 858 million non-cash impairment write-off. No joke, because of the huge fall from the price of oil. Meanwhile, investors look at this company's CASH FLOW, which in Q4 was good. So up 2½% cheers this morning.
Apparently not, it should have, but ERF dropped the other shoe. Now they are barefoot and ugly. This does not make investors happy. It looks like dead money unless a real oil rally occurs. The silver lining: when oil rallies ERF will be cash rich and ready to drill like crazy to take advantage of higher prices.
SA will have to play the trump card while it is still worth something. Their method of using water pumps to push the oil dome higher in the old field will not last as long as they imagine. (Oh, we're sucking water, let's say we'll cut production in June to firm up the price.) I smell a summer time rally.