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America to dominate natural gas for next 100 years
The U.S. energy industry has “gone through eight years of hell,” but is on the verge of a new era, according to President Trump, who on Thursday announced six initiatives to kick start that change.
“We’re here today to usher in a new American energy policy, one that unlocks millions and millions of jobs and trillions of dollars in wealth,” Trump said at the Department of Energy’s (DOE) “Unleashing American Energy Event” in Washington, DC, where he was flanked by Vice President Mike Pence, DOE Secretary Rick Perry, Secretary of Interior Ryan Zinke, and other members of his administration.
“For over 40 years America was vulnerable to foreign regimes that used energy as an economic weapon. Americans’ quality of life was diminished by the idea that energy resources were too scarce to support our people…
“The truth is that we have near limitless supplies of energy in our country. Powered by new innovation and technology, we are now on the cusp of a true energy revolution. Our country is blessed with extraordinary energy abundance which we didn’t know of even five years ago and certainly 10 years ago. We have nearly 100 years worth of natural gas and more than 250 years worth of clean, beautiful coal. We are a top producer or petroleum and the No. 1 producer of natural gas.”
Trump announced six initiatives that he said would help the United States to become more than energy independent, but “propel this new era of energy dominance.”
“My administration has just approved the construction of a new petroleum pipeline to Mexico, which will further boost American energy exports,” Trump said.
Trump included in his initiatives an agreement he said Sempra Energy signed Thursday “to begin the sale of more American natural gas to South Korea.”
DOE on Tuesday approved two long-term applications to export additional natural gas from the Lake Charles liquefied natural gas terminal in Louisiana, Trump said. And the Trump administration will open more offshore land energy development.
“Under the previous administration, so much of our land was closed to development. We’re opening it up – the right areas, but we’re opening it up. We’re creating a new offshore oil and gas leasing program. America will be allowed to access the vast energy wealth located right off our shores.”
Trump said his administration would also begin to revive and expand the U.S. nuclear power sector, and the Department of Treasury would address barriers to the financing of overseas coal energy plants.
cc
I would say we are headed upward bound
chart says long term headed North
there are couple scenarios out there depending upon which chart u look at
a few numbers I found are 3.28 is a number important resistance
3.3 will be a significant number....break out number...we get past that # we could be 4 maybe 4.50 bound
may take us a while to get there.....talking long term....say first part of next year
3.425 would be the next
3.74 would be next
cc
still holding over week end
cc
Yep....is rough trying to play natty right now
Shoulda sold yesterday after I bought...when popped
best with day trading
Longer term eats my Lucy most of time
When black box movement it's hard to get in front of those boys
They move it n you never see it
Next thing u know it's against u
Fricking black box traders
cc
I know....be there week of 17th
Only time all were able to go at same time
Will be hot all that week
Good 4 Nat gas
cc
when they finally have u calling uncle.....I quit....on side lines
they will run it
after they have all ur shares
if it was about weather....coal....Mexico....Europe
ng should be upward movement
it'z about manipulation
they are in it to make $$$$$$$$$$$$$$$
controlled by big box movers......IMVHO
cc
has a lot in common with my father in law
he's from Illinois.....lol
cc
Disney World.....grandkids/wife n me/son in laws parents....we all going
should be a good time
we all get along very well
can't say that about my father in law.....lol
cc
ng go sideways 4 while
then spike it....EOD
dat will get ur attention
cc
headed to Florida July 17th
will be hot one.....wife bringing her portable mister fan....battery operated
cc
ng been kinda volatile today
all over the map
needs 2 base more.........go side ways
then spike it EOD......that will get some attention
cc
http://www.naturalgasintel.com/CFTC
ng prices up
--------------
July gonna be HOT
http://www.cpc.ncep.noaa.gov/products/predictions/long_range/t01.2c.gif
Aug will be hotter
http://www.cpc.ncep.noaa.gov/products/predictions/long_range/t02.2c.gif
cc
is it cold there
haven't had a bonfire in a while
daughter out of town
we kept their dog
he snored alllllllllllllllllllll night long
arggggghhhhhhhhhhhhhhhhhhhh
they trying to get me to take him
loveable dog
but
can't take the snoring all night.....he makes noises
cc
that'z time 2 buy
usually back fills the highs.....3.12
just like it back fills the lows
sooner or latter
would like high sooner please....like today
cc
wish ng would hit 3.12 again
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
cc
appears ng trying to move.
needs get above 3.05
could have good move
headed out around 10 to Lafayette
be checking in time to time on phone
edit
could get volatile today
cc
didn't make it last night
trying again
needs volume
cc
ng is still in upward trend....short term
didn't expect to hit 3.12 today.....looked for it to hit tomorrow
woulda got out then and rode it back down....blessings and curses of trading ng.....lol
these lows need to hold to head on up
break past 3.042 then past 3.05
ng could be up n running
depends on what Asia does with it
where they leave ng
look at 1 yr Daily chart......building steam....appears $$$$$ trying to hold it at 3.034
if this holds we could possibly hit 3.50
if not....could be trouble
be well my friend....headed to Lafayette tomorrow morning around 10
shopping with family
cc
should have sold
even flipping tru charts they can change on u
why I day trade
should stick with what u do best.....lol
cc
comnpare short term chart to long term charts
cc
might should have sold.....will hold til tomorrow
hats.....boots.....spurs....lol
call me crazy for holding
cc
got some U .... 14.61
hat....boots n spurs.....cinch it up tight....3.15
hold on to ur hat
cc
broke tru support
could be volatile day
cc
appears ng in upward movement
headed for 3.115.....will it break tru
possibly
3.15 area lots of noise
cc
of course it closes at 23.82
U may be trying to run in morning.....but....what do I know
cc
will be checking in at times during day
out most of day working
best of luck to u
cc
I know....some were thinking would go back down then back up
I should have bought yesterday when saw those 133 contracts go tru
cc
SPXS and USLV
trying lift off
cc
now .17 over spot
should have gotten in....could possibly hit 3.35
if does would form reverse H & S
now that is has gotten over 3.10
moved on up to 3.12
could have good potential run
lots of noise/clutter in the 3.20's
cc
before closing.....did not enter one way or another
traded DGAZ twice today....made $$$$$$ both times
as typing this ng spiked
some one bought.............. 133 contracts moved
almost got in....might should have
not convinced one way or another
best of luck tomorrow
took on another GUN SHOW for next year
will be doing 6 next year
gonna be a good year
if does well will pick up another 2 for 2018 making total of 8 for 2019
plus my construction buss..... next year will be busy.....very busy
cc
sold my D....24.30
cc
picked up some D.... 23.83
cc
got me some D..... 24.22
ng all ready broken support lines
ng trying to hold....shall see
D .....get ur helmets n spurs on....ride um
ng....gap at 2.947
cc
there is a gap down at 20
could have hit resistance.....shall see
24 looks like lots of support....
Aug now printing 3.056
been in lafayette all day....just got home
long day....gone since 9 this morning
headed to shreveport tomorrow.....the road is killing me
hardly ever use stockchartz any more....use TOS or investing.com
it'z FREEEEEEEEE
cc
UGAZ could have run off short covering
breaks 3.10 could possibly see 3.34
I no longer have a subscription to I-hub
post here as well
https://investorshub.advfn.com/boards/board.aspx?board_id=16533
cc
resistance could be around 15
cc
it is at the top of the downward movement
go to a 1 day chart
draw a line along the tops....is in line with the tops
for a break out needs to go past 3.07
is it a head fake.....???????
cc
Figured would have come down before it ran
Mind of it's own
cc
If it tanks may enter depending on what looks like in morning
If ur trapped would get out
They could very well drop it below last weeks low
Those MMS are devious
Currently hitting resistance ....gap not fully filled
Shall see
Will be headed to lafayette to work tomorrow...
about 8 leave out
cc