OTCPK:PDPYF - Post by User
Comment by
Oldnaggeron Sep 16, 2020 8:52pm
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Post# 31572204
RE:RE:RE:RE:RE:Investor Help
RE:RE:RE:RE:RE:Investor HelpMy source of info on US supply and demand is Celsiusenergy.net which shows a rising level of lng exports plus Mexican exports. European surplus inventories versus the five year average have been falling at an average rate of 3 bcf per day for the summer. Forward prices for both Japan and Europe are much stronger than nymex or Aeco forward prices.
US production is continually falling though not in a staight line. The percentage of powerburn from nat gas Is currently 41% and coal is 23% Nat gad and coal seem to go up and down in unison as the amouht of wind solar nuclear and hydro vary.
Rig counts are still way down in both the US and Canada
And winter is coming with forecasts for a colder than normal winter due to the La Nina effect\
All in all a very facourable perspective for future profitability with Painted Pony if we the individual investors have the fortitude to keep her in the race.