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Re: None

Tuesday, 01/10/2023 4:19:59 PM

Tuesday, January 10, 2023 4:19:59 PM

Post# of 7313
A million shares dropped on the bid and hardly a jiggle

WTI looking firmer $75

Nat Gas crumbling $3.60 (that's going to impact shale as well as the portion of thermal use that is flexible/agnostic)

Crude sanctions on Russia just starting to bite

Every single variable in the energy sector is like scabble tiles in a hamster wheel ....

and trying to make sense of the words that fall out

I do know this ....

"bids on four producing properties" suggests that there is sufficient and credible capacity to raise the $$ required to make good on that bid

Can't hang a hat on that,

but it's something worth considering


- Foglifter -

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