RE:RE:Fodder for BIR ShareholdersThat is what you get paid for as an investor - climbing the wall of worry.
Natural Gas was more expensive than this in the early 2000's.
When it got too bad the gov't stepped in an gave people money towards their extra heating costs.
On top of all the other variables we now have a situtation where the energy companies (and their investors) are not going back raising production in a big way just because the commodity prices are high.
I think they have been screwed over enough times not to fall for that again. The far forward months on the
commodity strips will have to go higher too in order to give the energy companies enough assurance to go ahead and substantially increase production.
April 2023 gas is sitting just under $5 - better than a couple weeks ago but still has a lot to go. IMO
https://www.cmegroup.com/markets/energy/natural-gas/natural-gas.quotes.html Also see the old Geezers' recent post on the Gear Energy board. If we can convince him to update those
graphs every couple weeks or so. If you stare at those graphs long enough it will all become second nature - very little thinking invloved and you will know what to do - hopefully at that point we can all take a break and go fishing and camping instead of rolling with punches here.
https://stockhouse.com/companies/bullboard?symbol=t.gxe&postid=34699190 https://www.youtube.com/watch?v=nY7Gpoc1c24