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littlejohn

01/19/24 5:47 PM

#13852 RE: bbotcs #13846

East coast has to warm up before

they raise natural gas Future price

back up...

Daily cash price isn't something put

out too much to the public...

Most well run oil/gas companies are

now hedging on the 2025 prices on

natural gas, or most would struggle

to stay in biz...

So we watch...LJ
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littlejohn

01/20/24 1:29 AM

#13854 RE: bbotcs #13846

Oil buyers are scrambling to get cash buys

and February orders booked...

https://oilprice.com/Latest-Energy-News/World-News/Brent-Backwardation-Increases-as-Red-Sea-Hostilities-Continue.html

Been wondering why March Brent hasn't

been higher than February...

February WTI had a good up day on

Friday even with contract closing out...

February WTI was at 74 but they are

showing new March contract tonight...

https://www.barchart.com/futures/energies

Russian oil port closed due to weather

and Bakken still with severe weather

restrictions still didn't show in oil price...

Bakken may start thawing later next week,

won't happen on 1st day of warmer weather...

Had an inch of ice on back deck that took

two days above 40 to thaw out to in deep

south to prove out that thaw theory...

So we watch...LJ
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littlejohn

01/21/24 10:22 PM

#13859 RE: bbotcs #13846

February NG price is signaling booming fuel demand

with warm conditions across most

of the U.S....what a dip so far

during the artic plunge everywhere...

A warm up is gonna be sweet...

So we watch...LJ