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Re: None

Wednesday, 03/29/2023 2:50:34 PM

Wednesday, March 29, 2023 2:50:34 PM

Post# of 7904
The bid opened weak and a few small whacks easily knocked it down to an even weaker level

What’s the possibility for a no-show, no-bids at the lease?

Might stir things up even more

All of the GOM operators could get their point across “we can’t invest in leases you won’t let us drill, you say you want us to invest but block every move we make and it’s causing value destruction for us, job losses for energy sector workers, and higher energy costs for everyone”

WTI and Nat Gas both wobbling sideways at $73 and $2 respectively

It’s anyone’s guess how this GOM lease sale goes …

The planets are aligned (except the 7th, the place where politicians come from)

spec

- Foglifter -