RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:National Bank has this as the cheapest junior they coverYeah the makes sense. USA MAX LNG capability is like 13.2 BCF a day and 89 BCF in a week is 12.71 BCF a day.
Biggest issue is USA can't go above 13.2 BCF.
Temp thing and supply will catch up.
Companies didnt drill hard in 2020 and first six months for NG in 2021 as alot of the LNG happened around August and Sept of 2021.
I remember days when USA used to produce under 80 BCF a day...in low 70's.
Techlogy gains have been insane since 2008.
ppp wrote: U.S. LNG exports decrease by four vessels this week from last week.Twenty LNG vessels (six from Sabine Pass; four each from Cameron and Corpus Christi; three from Freeport; two from Calcasieu Pass; and one from Cove Point) with a combined LNG-carrying capacity of 75 Bcf departed the United States between April 7 and April 13, according to shipping data provided by Bloomberg Finance, L.P. Bad weather in the Gulf of Mexico, which included elevated winds and waves of up to 7 feet, in addition to planned maintenance, resulted in lower LNG shipments this week. Correction: For report week March 30 to April 6, one more cargo than was reported departed Cove Point for a total of 24 vessels and a combined carrying capacity of 89 Bcf departing the United States that week.