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Jonah Prospects
The Jonah Field and the Pinedale Anticline are recognized as the foremost gas fields in the Rocky Mountains. According to the Wyoming State Geological Survey, the Greater Green River Basin contains approximately 26 TCF of natural gas which is the largest reserve Statewide. The prolific Jonah Field is estimated to contain 8 to 15 TCF of Natural Gas, which currently produces from more than 500 wells.
WHY THIS STOCK WILL BE TRADING MUCH HIGER SOON> FOLLOWING BOONE PICKENS and NATURAL GAS plus domestic OIL SHALE PLAY WE HAVE IN TEXAS AND CA YESTERDAY NEWS WAS QUANTUM PHYSICS> ON BREAK OUT BOARDS ALL IS ABOUT TO BREAK LOOSE YOU READY I TOLD YOU FENCE SITTERS NOW ITS TIME FOR THE SHOW TO COMMENCE
TIMING IS EVERYTHING IN LIFE! COULD JUMP 100%+ in seconds seen it happen before! its going to happen sooner than later!
Dan Polk is irrelevant. I hope he's been shorting this trying to be savvy and he gets burned at this point in time we don't need Polk or his weak company. Operator Permit has been issued to GRPR.
Swiss Hedge Fund involved with GRPR FUN Lets make some serious MONEY!
Blew passed a penny like I said TODAY!. Could see the .02 range by EOD all depends on whats cooking behind the scenes. I smell some black gold. How about you. Were you at Wild cat Driller and Screaming Eagle? ::)
Shorts are covering.
Drilling Any day! Next when we hit these wells can hit 20 PAY ZONES PLUS PER WELL GET IT PEOPLE We have multiple wells x 20 pay zones per well hmm do the math where sitting on a gold mind!
More wells to be added to Texas Portfolio
CA News qued up.
The Frosting on cake Jonas 300 wells
This will be a .10 .25 by year end. .25+ 1.00+ by 2013 depending on high oil is.
Remember the poor shorts are going to have to cover there shares I bet you a large percent of this float has been shorted so when the covering starts. This stock is going to surge. It could move to a nickel in minutes. If your on the fence add more shares now or pay a much higher premium later for shares. We are on the break out board top #20. Eye balls are on us. GRPR will start flying it could start any minute. Texas and CA Drilling coming VERY SOON and more TEXAS Wells looking to be added to GRPR portfolio and lets not forget the 300 YES THREE HUNDRED NATURAL GAS WELLS IN JONAS THE 2nd Largest Natural Gas reserve in the State!
It will be past a penny soon and off to dime land and beyond. I told you people the heavy volume days with the right PR's plus we have some brilliant genius who shorted the stock and is going to suffer hard. I have seen this stock move 250%+ in one day of trading. It will start climbing yesterday looking for a 1000% jump from yesterday lows!
ITS GOING TO BE A VERY GREEN DAY IN GRPR LAND! BLOWING BY A PENNY
And there going to cover sooner than later probably starting today. I wouldn't be surprised to see some huge up swings coming. GRPR is an operator they don't have to wait for third parties anymore. They can contract the rigs themselves. I like how they are looking to expand shale play in TEXAS. People wake up SHALE OIL AND GAS IS the biggest most talked about things domestically. ANyone who watches sees endless commercials on natural gas and people taking about the domestic boom in shale across the USA.
Thursday morning excited for the future here. Being an operator is huge. I believe we get a follow up PR in the next few trading days.
Dj you are exactly right amassing more wells in Texas and Ca around corner Jonas on deck.
YEP YOU GOT THAT RIGHT! HAVE A GREAT WEEK I TOLD YOU ALL GRPR WINS THE GOLD MEDAL!
"This will allow the company to develop leasehold prospects within the Premont area of Interest without being subjected to un-necessary delays due to Operator incompetence," states Company President, Mr. James Powell. "Grid Petroleum has great expectations for the Premont Area of Texas and will continue to pursue its options to reach its goal of becoming a profitable Oil and Gas producer in this shallow sand formation area without the association of Progas Services Inc and Dan Polk and affiliates.
ELCHEEPO We will get a lot of positive NEWS in the next few weeks. I'm in for months and years ahead
TEXAS IS AWESOME- CA IS GOING TO BE A BLACK GOLD PAY DAY! AND WAIT TILL WE HIT AND DRILL JONAS WYOMING 300 WELLS WE ALL NATURAL GAS IS GOING TO BE A HOT COMMODITY 70% percent of its lows and still has substantial movement ahead 6 months 4.00+ or higher!
Hey cheep any word from WildCAT DRILLER or SCREAMING EAGLE? I really miss there commentary they have been missing for months?
Grid Petroleum Corp. Receives Texas Rail Road Commission Operator Permit
Press Release: Grid Petroleum Corp. – 36 minutes ago
Email
NEWS I NAILED IT TOLD YOU IT WAS COMING BOARD BIG DAY TODAY! WE WILL MAKE ARE OWN MOVES SINCE WE ARE OUR OWN OPERATOR NOW QUANTUM HUGE!
DENVER, Aug. 8, 2012 /PRNewswire/ -- Grid Petroleum Corp. (GRPR): The Board of Directors are pleased to announce that Grid Petroleum has received Notification from The Texas Rail Road Commission that the company's wholly owned subsidiary, Grid Petroleum Production Inc, has been assigned operator number #333845.
This is the first of many steps the Company is taking to gain control of its investments in various Oil and Gas projects, both current and future.
The Company points to the continuous lack of accurate and current information being provided to the company by its Joint Venture Operator, Progas Services Inc and its president Dan Polk, as the reason for this initial and mandatory step in the progression of the company as an oil and gas producer.
The Company has engaged a land services company to negotiate and secure for development by Grid Petroleum Corporation, potential acreage in the Premont area of Mutual Interest previously identified by its geologists.insert-text-here
The Company, utilizing additional third party data and geological resources acquired, has identified several high value targeted tracts of land, which are currently under investigation for development by the Company as an Operator through Grid Petroleum Production Inc.
"This will allow the company to develop leasehold prospects within the Premont area of Interest without being subjected to un-necessary delays due to Operator incompetence," states Company President, Mr. James Powell. "Grid Petroleum has great expectations for the Premont Area of Texas and will continue to pursue its options to reach its goal of becoming a profitable Oil and Gas producer in this shallow sand formation area without the association of Progas Services Inc and Dan Polk and affiliates." HELL YEAH LATER POLK YOU LOST OUT
The Company has received its third notification from Progas Services Inc, the Joint Venture Operator, informing the Company that the Scorpion Number 1 drill rig will be moving onsite this coming week.
The Company has verified that Progas Services Inc has not met the Deposit and Payment provisions required by Scorpion Drilling to secure the drill rig for the Garcia # 3 as of the time of this press release.
Upon the deposit of the funds required to drill the Garcia #3 well, the drilling rig will move onto the drill site, subject to availability, to begin the drilling process.
The Company will monitor situation on a daily basis and report any progress in the situation as it develops.
Grid Petroleum Corp. is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.
Contact:
www.gridpetroleum.com
Parkside Communications Inc.
Phone: 1-877-798-4165
Info@ParksideCommunications.com
www.ParksideCommunications.com
It's going to be GRPR Green day rig I don't feel bad for those who tried to get cheaper thats what happens! Learn your lesson! you will buy way Higher Man I miss Wildcat Driller and Screaming Eagle!
UPDATE 3-U.S. natural gas futures end up for second day
Wed Aug 8, 2012 1:18am IST
* Front futures end higher for a second day
* Extended forecasts revised warmer again
* Coming Up: Reuters natural gas inventory poll on Wednesday
By Joe Silha
NEW YORK, Aug 7 (Reuters) - U.S. natural gas futures ended
higher on Tuesday for a second straight day, backed by buying
ahead of Thursday's weekly inventory report and slightly warmer
revisions to extended weather forecasts.
Gas demand perked up this year after prices in the spring
slid to 10-year lows below $2 per mmBtu and prompted many
utilities to switch from coal to cheaper gas to generate power.
Then widespread heat this summer lifted demand further and
helped slow weekly inventory builds to below average for 14
straight weeks, pulling a huge inventory surplus down some 47
percent from late March highs.
"I think we moved up today ahead of the (EIA) storage
number, which should be low relative to the five-year average,
and weather still looks supportive from a power generation
perspective," said Eric Bickel, analyst at Summit Energy.
Front-month gas futures on the New York Mercantile
Exchange ended up 5.6 cents, or 1.9 percent, at $2.964 per
million British thermal units after trading between $$2.882 and
$2.995.
Chart traders said the market had gotten oversold and was
due for a bounce after a four-day slide late last week drove
prices down by more than 10 percent.
They noted that the front contract on Monday tested and held
support at the 40-day moving average, a sign the down move might
be over, at least temporarily. But most agreed the contract
needed to close above $3 to set the stage for more upside.
Some traders said that as gas prices push above $3, some
utilities could move back to coal, slowing overall gas usage and
raising the possibility of bigger weekly storage injections.
Many remained skeptical of further upside, with peak summer
heat likely to fade in a few weeks, and storage and production
still running at or near record highs.
Private forecaster Commodity Weather Group, in its morning
report, noted that both the 6-10 day and 11-15 day forecasts
turned warmer overnight.
PRODUCTION HOLDS NEAR RECORD
In its Short-term Energy Outlook (STEO) on Tuesday, the U.S.
Energy Information Administration trimmed its estimate for
domestic natural gas production growth in 2012, but still
expects output to be up 3.8 percent from 2011's record levels.
The agency said it expected marketed natural gas production
in 2012 to rise by 2.5 billion cubic feet per day to a record
68.72 bcfd, down slightly from its July outlook that had output
this year at 68.98 bcf daily.
EIA did say, however, that it expects a small drop in
production in coming months, reflecting losses from possible
hurricanes and declines related to the recent rig count slide.
Data from Baker Hughes on Friday showed the gas-directed rig
count fell last week by seven to 498, the 10th drop in 11 weeks
and the lowest count since late July 1999.
Dry gas drilling has become largely uneconomical at current
prices, and a 47 percent drop in the gas rig count over the last
nine months has fed expectations that producers were getting
serious about slowing record output.
But drillers have moved rigs to more-profitable shale oil
and shale gas liquid plays that still produce plenty of
associated gas that ends up in the market after processing.
Baker Hughes also reported that horizontal rigs, the type
used to extract oil or gas from shale, rose for the first time
in four weeks, gaining four to 1,155. The horizontal count is
down just 3 percent from the record high of 1,193 set in May.insert-text-here
STORAGE ALSO AT RECORD
Data last week from the EIA showed that domestic gas
inventories for the week ended July 27 climbed to 3.217 trillion
cubic feet, still a record high for that time of year.
Despite the steady decline in the storage surplus to last
year and the five-year average, total stocks stand at about 78
percent full, a level not normally reached until mid-September.
Producing-region stocks are at 83 percent of estimated capacity.
Concerns remain that excess storage gas could drive prices
to new lows later this summer if inventories climb to levels
that would test the government's 4.1-tcf estimate of capacity.
EIA on Tuesday revised its estimate for end of October gas
in storage to 3.954 tcf from a previous 4.002 tcf estimate.
Injection estimates for Thursday's EIA report range from 23
bcf to 38 bcf, with most in the 30 bcf area. Stocks rose an
adjusted 31 bcf during the same week last year, while the
five-year average increase for that week is 45 bcf.
Oil
95.550003
1.59
+1.69%
This stock is ready to move and when does it could blast past dime land in minutes. This stock has been manipulated. I believe the rig is on site and drilling is happening NOW follow the SIGN POST. I believe we get spud NEWS and CA UPDATE . My cousin put a buy order in last week for .0072 at ask and got it at .0065 something big is transpiring Enjoy watching the olympics and having a good ole time. Best of luck to all the longs who stood in there. GRPR INVESTORS ARE GOING TO WIN THE GOLD soon! Someone is keeping this down trying to shake the weak hands. O have been buying 25k to 50 k lots last few weeks and loving it!
NEWS IS COMING WATCH LAST 5 MINUTES OIL 94.00+
NEWS IS COMING SOON OIL 94.00+ MM ARE LAUGHABLE ANY ONE CAN SEE THE SURGE IS COMING.
Natural Gas Matches Coal As Top U.S. Power Fuel: BGOV Barometer
By Katarzyna Klimasinska - Aug 2, 2012 9:00 PM PT
Natural gas matched coal as the primary fuel for U.S. power generation this year for the first time since the government started collecting data.
The BGOV Barometer shows natural-gas fired plants provided 32 percent of generation in May, close to coal’s 34 percent share, after the two fuels were in a virtual tie in April, according to the Energy Information Administration. Low prices are benefiting power generators such as Calpine Corp. (CPN), the biggest U.S. producer of electricity from natural gas.
Enlarge image
Natural gas matched coal as the primary fuel for U.S. power generation this year for the first time since the government started collecting data. Graphic: Rachel J. Yu/Bloomberg
Chart: Natural Gas Catches Coal in U.S. Power Generation
“Natural-gas generation is becoming the preferred generation of choice since it’s cheaper and more efficient, more flexible and environmentally cleaner than coal,” Jack Fusco, chief executive officer of Houston-based Calpine, said during a July 27 conference call with analysts. “Coal-fired generation is in a secular decline, facing pressure from both environmental regulations and lower natural-gas prices.”
The expansion of gas production from shale using technology known as fracking has pushed prices down 69 percent over the past four years. An Environmental Protection Agency mercury and air toxics rule, released in December, will lead to a reduction of 4.7 gigawatts in coal-fired generation, the agency estimated. FBR Capital Markets & Co. in New York estimated the drop might more than 10 times that much.
Regain Lead
Coal may regain its lead later this year following a rebound in gas prices, said Brandon Blossman, director of coal and power research at Tudor, Pickering, Holt & Co. in Houston. Natural gas rose 37 percent to $2.92 per million British thermal units yesterday from a 10-year low of $2.126 on March 30.
The Energy Information Administration projects that coal will provide 38 percent of U.S. power generation mix in 2035, compared with 45 percent in 2010. Natural gas will rise to 28 percent from 24 percent, according to a July 30 study by the agency.
“Coal is about as dirty a fossil fuel as there is, clearly,” Mark Brownstein, the chief counsel of the Environmental Defense Fund in New York, said in an interview. “There are benefits to substituting natural gas for coal, but the natural-gas industry is missing a huge opportunity to maximize these benefits by failing to adhere to the highest of production practices.”
Conservation groups including the Environmental Defense Fund and the Natural Resources Defense Council seek regulation of gas production to require companies like Exxon Mobil Corp. (XOM) or Chesapeake Energy Corp. (CHK) to disclose all chemicals used in the process of hydraulic fracturing, or fracking, and minimize methane leaks during production.
Calpine said on July 27 that its adjusted net income was $14 million in the second quarter, compared with a $55 million loss in the second quarter of 2011.
To contact the reporter on this story: Katarzyna Klimasinska in Washington at kklimasinska@bloomberg.net
To contact the editor responsible for this story: Jon Morgan at jmorgan97@bloomberg.net
I'm thinking the drilling has started probably last week and we will get announcement when we hit some black gold and this stock is off to the races also Oil almost 92.00 Natural gas 3.00
We got operator news coming and CA news there is so much in the making some people are keeping the PPS low( hedge fund)? to steal shares from weak holders Put your poker faces on grow some nuts and buy at these low low give me prices a 500%+ day could happen sooner than later!
Probably my cousins action: hope so!
My cousin put in a buy for 150,000 shares he's on a plane curious if it went thru it would have been last half hour of the day. Thanks for the assistance.
They stated to me updates are being made on the website regarding Texas and CA should be ready to go sooner than later this was Monday! I think some substantive details will be released moving the company in a positive forward motion. Building a lot of momentum for the weeks and months to come!
You sure are a flip flopper maybe being sarcastic regardless I think most people have ignored you by now. So you lost any street Cred you had. Just buy and reap the rewards with the rest of us....
Grid Petroleum Corp is an American oil & gas company focused on the acquisition, exploration and development of oil and gas properties in North America.
Grid Petroleum’s key asset is the SE Jonah Prospect, based in Wyoming’s Greater Green River Basin. During 2006, the State of Wyoming was second in natural gas production and recorded it’s highest level of natural gas production, largely due to two massive but previously undeveloped natural gas formations – the Jonah Field and the adjacent Pinedale Anticline.
Grid Petroleum’s key asset is the SE Jonah Prospect, based in Wyoming’s Greater Green River Basin. During 2006, the State of Wyoming was second in natural gas production and recorded it’s highest level of natural gas production, largely due to two massive but previously undeveloped natural gas formations – the Jonah Field and the adjacent Pinedale Anticline. 2007 followed along similar lines, with further development in the area continuing. With several leases and approaching 4,000 acres of high impact acreage, and potential future spacing for 300 wells, Grid is solidly positioned in this historically highly productive, low risk region.
Contents [hide]
1 Jonah Prospects
2 Kreyenhagen Trend
3 Drilling Partner Solimar Energy
4 State of California Division of Oil, Gas & Geothermal Resources
5 Wyoming Oil and Gas Conservation Commission
6 Drilling Partner Kidd Production Company of Texas
7 RRC of Texas
8 SEC Filings
9 Back to Ihub
[edit] Jonah Prospects
The adjacent Jonah Field and the Pinedale Anticline are recognized as the foremost gas fields in the Rocky Mountains. According to the Wyoming State Geological Survey, the Greater Green River Basin contains approximately 26 TCF of natural gas which is the largest reserve Statewide. The prolific Jonah Field is estimated to contain 8 to 15 TCF of Natural Gas, which currently produces from more than 500 wells.
A world class location generally means world class neighbors, and that’s why most of the surrounding acreage is currently held by EnCana and Yates Petroleum, with BP and Chevron/Texaco also holding significant positions. Add to this that during 2006, 3,243 wells were drilled in Wyoming with an astonishing success rate of 97.9% for drilling and completion, and it’s why this low risk high yield region is key to Grid’s success.
Both Grid and Independent contractors are working on analysis of how best to develop this exciting prospect
[edit] Kreyenhagen Trend
Kreyenhagen Trend acreage in the California shale play of the San Joaquin Basin is different than other unconventional oil plays like the Bakken and Eagle Ford oil plays; these unconventional shale zones, Kreyenhagen and Monterey, lay beneath long-established multi-billion barrel conventional oil discoveries, these source rocks are heavily fractured by regional tectonics, creating thick shale sections spanning 500-3500ft, which are accessible by vertical wells.
Steep anticline structures eliminate the need for costly fracturing necessary in other tight shale’s. The favorable result is a more profitable decline profile – lower initial production rates, but much slower decline
www.gridpetroleum.com/
[edit] Drilling Partner Solimar Energy
Corporate Strategy
Solimar Energy's Strategy is to:
Through "on the ground" commitment to California, acquire a mainly oil prone asset base with large resource potential. The Company's main focus area is the oil prolific San Joaquin Basin. Through smart application of the drill bit and modern technologies convert the resources to reserves and then production.
To deliver its strategy Solimar mostly operates its projects holding large equity positions.
http://www.solimarenergy.com.au/aboutSolimar.php?p=13
http://www.solimarenergy.com.au/solimar-projects.php?p=7
[edit] State of California Division of Oil, Gas & Geothermal Resources
http://www.conservation.ca.gov/DOG/Pages/Index.aspx
http://www.conservation.ca.gov/dog/pubs_stats/Pages/forms.aspx
California Division of Oil, Gas & Geothermal Resources Maps
http://maps.conservation.ca.gov/doms/index.html
[edit] Wyoming Oil and Gas Conservation Commission
http://wogcc.state.wy.us/
Map of Permits
http://wogcc.state.wy.us/
[edit] Drilling Partner Kidd Production Company of Texas
Grid Petroleum Corp. (OTCBB: GRPR) The Board of Directors are pleased to announce that Grid Petroleum has received from the Joint Venture Development Operator, Kidd Production Company of Texas, RRC Operator No. 458825 confirmation of the previously reported drilling timeline for Phase 1-A.
Subject to receiving the drilling permit from the Texas Rail Road Commission, which is under application, the initial drilling for Phase 1-A is expected to begin March 15, 2012.
The Joint Venture Agreement is for the development of a Mutual Area of Interest in the Northwest Premont Field in Jim Wells County, Texas. The Field covers 4,500 acres and is part of the Gulf Coast Trend in South Texas.
Phase 1-B of the Joint Venture Development Agreement the company recently announced will be a total of 5 wells, 2 of which will be drilled for production along the top of the reservoir, 1 well will be re-entered for production near the top of the structure; 2 wells for pressure maintenance, one water and one gas well.
These wells will be drilled to be produced only from a 2350' Miocene reservoir, which was very prolific to the south of the field. Earlier wells drilled in the 40's and 50's produced an average of 50,000 bbls of oil per well on only 10 acre spacing and had excellent rates of initial and average production. This same zone logged and cored oil in the Northwest Premont lease block, up-dip from the original wells.
The Miocene zone was produced as part of the Premont field to the south of the Northwest Premont and was developed northward up to the boundary of the east/west running County Road 425. Mapping of the Miocene zone from well logs drilled through the formation many years later indicated the formation continued northward and was getting thicker and higher on structure as it moved onto what is now the Northwest Premont lease block. The estimated reserves of this structure is 750,000 bbls which we feel could be recovered with 7 to 10 wells with a good gas injection and pressure maintenance program.
As previously reported:
AP Yang, Petroleum Engineers of Houston, Texas, ran 45 days of open flow tests to draw down the pressure of each of the productive zones in the Guerra #2 well. The absolute open flow rate calculations indicated the lobe flow of the Laughlin pay zone, which is a Frio Sand formation found at the 3,300 to 3,420 ft depth. The lower lobe oil deposit tested at 15,541,000 cubic feet gas per day. The upper lobe flow tested at 5,063,000 cubic feet per day. The combined total of 20,604,000 cubic feet per day from 16 feet of net pay zone for this one well with multiple pay zones.
Preliminary Reserves Estimates for the Guerra #2 are 100,000 to 150,000 Barrels of oil and 1.5 Billion Cubic Feet to 2.5 Billion Cubic Feet of natural gas.
http://ih.advfn.com/p.php?pid=nmona&article=51415259&symbol=GRPR
[edit] RRC of Texas
Find oil & gas well and production information here:
http://www.rrc.state.tx.us/
Operator, Kidd Production Company
Operator No. 458825
Production
Permits
Online Research Queries
Texas RRC Oil Well Interactive Map Infomation
The GIS application is updated nightly, Monday through Friday beginning at 8:00 pm.
Enter the API number 249-32579 (For Gustavo Garcia #3) in the SEARCH BY: Wellbore API Number of the Public Viewer.
Then Selecting "Identify Well" from the Map Tools pulldown menu and clicking on the well shown on the map.
You can find the API numbers for individual wells by looking up permits by operator number.
Map Viewer information
Map FAQ
Texas Maps of Pipelines and Oil and Gas Wells
[edit] SEC Filings
Grid Petroleum Corp
[edit] Back to Ihub
.
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OIL 91.83 NAtural GAs 3.20 Linning up Nicely here!
Our website is being updated on all properties thank you for your interest. Paul this is from the company!
The price jumped another 6.6 percent Monday after forecasters predicted an especially toasty August, with unseasonably warm temperatures throughout the Midwest. Natural gas ended the day at $3.214 per 1,000 cubic feet, a high for the year.
NEW YORK (AP) — As the temperature keeps rising, so does the price of natural gas.
Natural gas futures in New York have surged 69 percent since hitting a 10-year low this spring. Power plants are burning more natural gas for electricity as homes and businesses crank up the air conditioning. And natural gas companies are finally cutting back after a production boom that pushed supplies this winter to the highest level on record.
The price jumped another 6.6 percent Monday after forecasters predicted an especially toasty August, with unseasonably warm temperatures throughout the Midwest. Natural gas ended the day at $3.214 per 1,000 cubic feet, a high for the year.
"As long as we see strong cooling demand, prices are going to go higher," said Gene McGillian, a broker and analyst at Tradition Energy.
Still, natural gas is about 35 percent cheaper than at this time last year. And the recent jump in prices probably won't impact utility bills.
Electricity rates are shielded from price spikes in a couple of ways: Utilities lock in gas prices for years at a time to protect themselves from quick shifts in price. And in many states, rates are set by regulators every year or two.
The rise in natural gas has other impacts, however.
As it gets more expensive, utilities will likely burn more coal, independent petroleum analyst Stephen Schork said. Schork noted that natural gas was cheaper than coal from February to May, making it the preferred fuel source for many utilities.
"This is no longer the case," Schork said. Coal is now cheaper than natural gas.
Natural gas prices have been climbing as temperatures rise. This year saw the second-warmest April through June period on record in the U.S. Many utilities burn natural gas to generate electricity, and electricity demand jumps during a heat wave as power customers run their air conditioners more often.
Meanwhile, natural gas producers in the U.S. have been shutting down natural gas drilling operations as they focus on more profitable oil wells. The number of natural gas rigs has been declining every month since October, and production has been falling this year.
In other futures trading, U.S. crude prices fell by 35 cents to $89.78 per barrel in New York. Brent crude, which sets the price for imported oil, lost 27 cents to end at $106.20 per barrel in London. Heating oil lost 1.04 cents to end at $2.8791 per gallon while wholesale gasoline added 4.9 cents to finish at $2.9368 per gallon.
Retail gasoline prices were flat over the weekend at $3.486 per gallon, according to auto club AAA, Wright Express and Oil Price Information Service. A gallon of regular unleaded is about 45 cents cheaper than its peak price in April. It's also 22.4 cents cheaper than it was a year ago.
___
Follow Chris Kahn on Twitter at http://twitter.com/ChrisKahnAP
We don't care about this stock leave to your board Thank you :)
Hey Mods I thought we here run a tight ship and don't talk about other stocks on this Board DELETE This Message Do your JOBS! post# 6383
Natural Gas up 6% percent today largest move of the year! thats what this board should be talking about when we hit 4.00 which will be this year the Jonas becomes a property that is worth 25-50 million second largest natural gas reserve in the State of Wyoming. A flurry of PR's are Qued up
a)Get ready a PR that drilling and then spudding in TEXAS
b)Grid creates its on subsidary and is its on operator!
c) CA update and drilling q4
d) more wells being drilled hittig up to 20 pay zones per well in TX!
e) Jonas Whyoming 300 Wells starts drilling for natural gas!!!!
Last shake out and covering by Lame MM before the surge happens every time scared money dont make money. Over a pretty .01 today!
~ASK AT .01 Come on cheepo tomorrow or Friday? Early next week. With the ask at penny it looks like where in the private jet and its warming up its engine for take off! When she moves it could go to up in mili seconds. Algorithims control the market. Traders will be left in the dust and you can take that to the bank. First time in history Drill about to hit pay DIRT BLACK GOLD B)
CA
C)Wyoming 300 three hundred wells! NAtural gas is going to be the growth engine of the future in energy export 5x to certain countries.....
oil and natural gas trend is our friend. business plan & timing being News is qued up you cab tell how the nit wit MM are playing this think where scared LOL
Cramer said gas and oil is the sweet spot to be in. 90.00 oil and natural gas well above 3.00 heading to 4.00 News qued in today tomorrow friday? El CHeepo when they going to release the news?
WEDNESDAY GRPR IS COMING IN HOT!
Natural Gas touched 3.20 today when it gets to 4.00 Wyoming comes into play remember 2 largest Natural Gas reserve in the state 300+ wells! 5x price exporting to certain countries up another 6% After Hours .0067 720 traded are we a day or two away? from Drilling News!
Last 10 minutes some buys above the ask again. News is days away!
Last hour should be fun to watch. MM still covering. It's interesting games going on. Oil still 90.00+ Natural Gas 3.15 Drill baby drill!
Natural Gas Price - News Results
Natural gas prices surge 70% CNN Money - 2 minutes ago
Natural gas liquids hit dry patch Houston Chronicle - Jul 23 03:23pm
Natural gas liquids hit dry patch as prices sink Houston Chronicle - Jul 23 03:41pm
Must Read!
http://money.cnn.com//2012/07/24/investing/natural-gas-prices/index.htm?section=money_latest
Lets Break .0085+ today it might happen. Look volume picking up and the where at high of the day this stock is going to move fast shortly. Pick your spots now or possibly chase a lot higher IMO
New Highs for the day coming NOW .0071+
SHORT COVERING 101 YES YOU CAN TELL THAT ITS ABOUT TO POP AS SOON AS THE RIG IS THERE AND THE DRILL BIT HITS THE DIRT BOOM SPUDING BOOM CA BOOM WYOMING BOOM .25 EOY!
There was 3 million shares about traded over the ask. In the last 10 minutes. How do you figure the SEC is going to get a hold on the MM activity they have more important things going on IMO