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Re: redrain post# 6501

Thursday, 05/05/2022 10:20:33 AM

Thursday, May 05, 2022 10:20:33 AM

Post# of 7928
I thought that the recent $7 milestone was an all time high but I wasn’t looking back far enough

Indeed, it has been higher

Adjusted for inflation, even more so

If the wells associated with your royalties were shut in when prices slumped, it’s quite possible that they might produce again with the recent rise

If your royalties were structured as having a threshold that must be met, it’s possible that you might be getting some cash flow again soon

I hope one of those scenarios will benefit you

The drastic change in the Nat Gas market due to global dynamics and increasing LNG transport capacity is a huge change in break-even prices for production planning

Energy prices are going to be front page news for years

spec

WTI up to $111

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