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pete807

02/23/25 10:49 AM

#70 RE: Flip it #69

Natural Gas will increase in demand to power the economic growth and big demand will create higher prices for it.
The EV lie is that they are clean when they actually run on coal, just indirectly. Natural gas is abundant and clean burning. Nuclear fusion, some day, when we perfect and build it out, will solve the equation. Fission or splitting the atom is current nuclear energy with radioactive waste by-product. Nuclear Fusion on the other hand hold promise and can actually use spent fission fuel cleanly in much smaller scale plants if we learn how to control it.
The International Atomic Energy Agency (IAEA) estimates fusion potentially generals four times more energy per kilogram of fuel than fusion. This is around four million times more energy than burning fossil fuels release.

Until we learn how to control the fusion we are stuck with coal and hydrocarbons like Natty Gas to create energy.

Back to ECTM, If you read their reports they spend a lot of money drilling new wells. It would be nice to know the break even price of Nat Gas against those expenses but I suspect it varies greatly and increases with inflation. it feels like the distributions are going to continue under the changed administration. I'm going to hold and see how it plays out.

IMO the bottom line is Trumps America first agenda is good for all except his political enemies who are corrupt and it is quickly becoming common knowledge how bad they took taxpayer money for personal gain under the guise of Government NGO, ...non profit??? That's Ok if you know what they actually do for people and good causes but...
Without oversight or accountability we are learning it is a very shady game in far too many cases. Hence the new hatred of DOGE and its discoveries by the Democrats.

Wouldn't it be great if going to Congress were a duty? Not a way to get rich at taxpayer expense. You do your term and go home. No lifetime on the public dole, out of touch with those that elected you? JMO which everyone is entitled to have... remember they are worth exactly what you are paid to give them.
GLTA
-pete
Bullish
Bullish
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Flip it

02/23/25 12:25 PM

#71 RE: Flip it #69

Thank you..so you separated the oil from gas. Gas has more potential to rise because it will still be more in demand, my gut also tells me distribution will likely continue causing more people to invest in confidently because of income, price used to be over $3 so there is upside potential.
BTW I lost my mom few weeks ago
a holocaust surviver
Her book. Silent childhood is on Amazon if your interested. If your Jewish and want an article written about her,from our newspaper, I can email it to you.thank you for taking time to reply