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Re: Richsooka post# 4864

Thursday, 03/26/2020 12:57:11 PM

Thursday, March 26, 2020 12:57:11 PM

Post# of 5880
The shale companies created an NG glut, too. NG is cheap, and I got into it before I took on much oil. Time to get some tanks and store it away for your grandchildren. I know, we think about trading it, not storing it. Who wants a backyard full of oil drums and volatile gas cylinders? Not me. So I drill paper, not shale.

They need the wet gas to make plastic. Plastic should be cheap, too. Maybe they have a futures market for that, but I don't know where. Easy to store plastic.