RE:RE:RE:RE:RE:$$ ;I've given up long ago trying to calculate equivalence of our stupid attempt at metrification of energy markets. I'm stuck at barrels of oil. I mean wtf is a barrel and how does one even buy one today, but that's the standard. Nat gas is mcf period. I wouldn't know a gigajoule if I tripped over it. American investors will absolutely not be bothered doing math so if pea or anyone else doesn't provide the data in mcf and b/d then Americans will just avoid the stock. Is that part of the problem with pea? Under owned by Americans? Kudos for the math, it's dead on balls accurate. I'll stick with energy equivalent 6:1 for oil to nat gas and note how useless the resulting boe/d calculation is. I can't remember the last brief moment oil (wti$us) was 6:1 with gas(hhub$us). I've always used 10:1 because the math is easier to do in my head. But even that ratio has notoriously over valued nat gas. It's frustrating but it's part of the reason gas stocks are still so undervalued at hhub $8 plus for spot and near futures. Especially pea.
ppp wrote: Better yet use this calculator.
https://www.kylesconverter.com/energy,-work,-and-heat/gigajoules-to-barrels-of-oil-equivalent