Replies to post #14152 on Viewer's Choice

[littlejohn]

Oil-gas, China slowdown held steady course

in February....

https://www.reuters.com/world/china/chinas-exports-likely-slowed-jan-feb-factories-struggle-2024-03-06/

China did buy up a wad of cheap

LNG from U.S. recently when the

natural gas price dropped so low...

It helped relieve pressure then on

the U.S. natural gas inventory growth

for a short period...

U.S. refiners running at 12% to 14%

below average run rates and driving

up gasoline price is something that

Trump could swing at Joe on...


So we watch...LJ

[littlejohn]

02/23/24, red line for current natural gas

in storage above the other four

trend lines isn't what you want to

see on chart in link...

https://en.macromicro.me/charts/39418/natural-gas-inventory-five-year-inventory

Low tide for nat gas demand due

to start in late March,

and inventory usually starts moving

back to injection or build phase...

And the bounce back on nat gas prices

came for that April build time...

A reason that the bounce may struggle

to hold even with recent company

production reductions announced...

Oil well drilling has been showing a

small uptick for each week recently

for rigs because oil price has been

propped up during weak demand...

Oil drilling still bringing on nat gas

production mutes some of the bigger

nat gas company retreats...

So we watch...LJ

[littlejohn]

House Bill 6...$411 million of funding is to

go to Florida to 'preserve everglades'...

Bill flew thru Congress for partial

Gov't spending and goes to Senate

to avert shut down again...

Spending that could be put off keeps

showing up while the U.S. cannot

defend the southern border...

Texas efforts to defend the southern

border of U.S. have now been halted

by court delay to review State Rights...

$411 million of unneeded funding sticks

out like a sore thumb in the reckless

growing U.S. Debt Crisis...

U.S. Federal Debt is now over 123%

of total U.S. GDP....

$34.4 Trillion growing U.S Debt Crisis

cannot find answers to it in D.C...

https://www.usdebtclock.org/

Overspending on U.S. military now is

about the only thing to cut in places

to reduce U.S Deficit spending...


Everglades need Gov't preserving...

Swamps Must Be Protected...

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