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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. The Company’s British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Comment by mrmomoon May 22, 2023 12:01pm
99 Views
Post# 35459091

RE:US natgas prices - what am I missing?

RE:US natgas prices - what am I missing?'I feel like I have a good understanding of this* yet prices are very low. What am I missing? There is of course a lag between market conditions and adding or subtracting supply, still market participants should understand this, no?"

Mr. PabloL, what you seem not to be grasping here is the proxy war that's being fought in the energy markets by two,three or maybe more "significant' enties. Controlling Oil & Ng prices isn't only accimplished through the actual assets but also by the paper markets. I've spoken at GREAT lengths on this subject over the past year on SEVERAL boards. The reason WHY you're having difficulities understanding it is because it's NOT a natrual progession, logical or fitting to the current envirnoment. So this creates a "conundrum" of sorts for ANY pragmatic thinker such as yourself and many others. But once you "understand" the underlining "motivations & goals" of the parties involved.....it's quite simple to grasp.

So yes.......the energy markets, in particular NG pricing doesn't really add up right now. Imo, NG prcies at HH should be closer to or just slightly above $4......with WTI at $75. But if that were to happen, it would drive many Euro states, among many other parts of the world, into a severe depression maybe even some complete soveriegn insolvencies.

I hope this clarifies some stuff for you.....


GLTA
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