InvestorsHub Logo
Followers 39
Posts 2702
Boards Moderated 0
Alias Born 09/20/2010

Re: wilma6311 post# 36115

Saturday, 09/13/2014 7:25:59 PM

Saturday, September 13, 2014 7:25:59 PM

Post# of 38473
There's no evidence NDR is spot trading, wilma.

And there's no point in them buying on the spot market if they have a supply contract with ConocoPhillips.

If they buy on the spot market they must pay someone to store gas and schedule deliveries.

If they buy from ConocoPhillips the gas storage and scheduling will be done by ConocoPhillips...at a price.

I repeat the simple, and unavoidable, truth: nothing significant will change at NDR until they have the capacity to handle gas storage and scheduling.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.