Friday, May 20, 2022 11:40:16 AM
And it pops when it's slapped!
I guess the bottom line effect of the collapse of leasing would be that the existing leases are worth more to the leaseholder than just a few months ago
Smith199 shared links to an entire weekend worth of light reading earlier today
It's good info from an industry and local economy viewpoint. The intro and summary narrative are on point. The data tables are a bit dry for my taste but the graphic presentations in the last publication are a quick and easy way to visually convey the depth and breadth of the interruption's damage to local economies
I stand by my earlier observation that the energy market turmoil (that we're just beginning to see) will be a once-in-a-lifetime excursion from "normal"
Who's buying? Maybe someone who figures that a lottery ticket for a penny is worth a shot ..... then the jackpot goes up a bit and the ticket price goes down
Some say to buy potatoes instead of gold because you can't eat gold
Does anyone think Delek GOM Investments, LLC might be shopping for producing properties while still being ready to pounce on new drilling when the policy tide turns?
Someone is building a position and the bid devours low-hanging fruit every time it dips
Playing "Smack That", buying farmland, planting potatoes, holding for Tau2
spec
- WTI >$110
- Nat Gas >$8
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