Post by
bossu on Feb 16, 2021 7:36pm
“It’s more than just a cold streak,”
What Jeff told to the investment community :
It’s more than just a cold streak,” said Jeffrey Tonken, president and CEO of Calgary-based Birchcliff Energy Ltd., of the Arctic blast that has led to freezing conditions as far south as Texas. He said the deep freeze has knocked out U.S. gas supplies and is causing a huge drawdown in gas storage, leading to a “structural change” for an industry that is now seeing demand outstrip supply — a rare occurrence.
And not to forget : BIR is not hedged !
Comment by
TouchDown12 on Feb 16, 2021 7:47pm
Great posts Bossu! Thanks very much for the Jeff Quotes. Nice to hear from the captain of the BIR ship in these NG waters. TD12