Replies to post #613 on SandRidge Energy Inc (SD)

[ErnieBilco]

So who exactly is purchasing US Nat Gas and selling it in Europe at up to 600% profit? Seems that where ol man Joe should be "investigating" price gouging". Why aren't the actual suppliers making that bank?

[jtomm]

Yep, Freeport being down is a slight damper on prices here, but sends prices up in Europe.

Worrisome that the govt is complaining to refiners (I guess complaining is an official policy now?). Seems like a pre-cursor move to me where they'll come back and say "we asked nicely, and if the refiners aren't going to do the right thing then here comes a tax or some price control. We have to do it for the American people!" blah, blah, blah. They'll never change their policy, just blame others.

Energy secty has never worked in energy in her life. The govt's entire energy policy is just complete fantasy. It's not even possible.