Advantage Energy Ltd T.AAV

10:30am EST

[moric122]

Super excited for the EIA gas report today. With LNG selling for $24 a mcf, I am super curious to know how much LNG the US exported... We may just find that we no long need cold winters in north america to have a strong gas market, as long as there are cold winters somewhere else in the world.

[kingshane]

Yeah but if not then it gets backed up and prices tumble. Not a good strategy to base it on non-domestic usage. Still needs balance on both ends regarless of high prices to control low prices. 

[Wildcattter]

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[moric122]

Strong LNG Exports! Take EIA's words for it not mine: EIA expects U.S. LNG exports to remain at record-high levels this winter. In the December 2020 Short Term Energy Outlook (STEO), EIA forecasts that U.S. LNG exports will average 9.5 Bcf/d in the first quarter of 2021 and 8.5 Bcf/d on an annual basis this year, a 30% increase from 2020. https://www.eia.gov/naturalgas/weekly/

[Wildcattter]

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[moric122]

Haha Wildcat, come on put on your thinking cap please! I'll spell it out for you. US exported ~5 bcf/d of LNG in 2019. US exported 5.9 bcf/d of LNG from Jan to Oct 2020. This may not seem like a big deal atm, however you must remeber we had covid in Mar - Aug which significantly hurt LNG exports  EIA forecasts 9.5 Bcf/d in the first quarter of 2021 and 8.5

[Wildcattter]

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[moric122]

LOL, going to play silly philospher bunt now are we?  If you "claim" to know what LNG exports do for AAV then atleast acknowledging the point.  Atleast we both agree, it's foolish debating you.