Birchcliff Energy Ltd T.BIR

Tropical Storm Ida

[llerrad5]

he New York Times News Service   U.S. oil and gas companies race to complete Gulf of Mexico evacuations ahead of storm

The quick move up in N Gas prices c/b short lived once this storm passes. I an holding but not buying.  Will wait until ths is over. The increase my holdings.

[Beakr123]

You obviously don't understand the supply and demand metrics of natural gas and what the drivers have been for the increases. 

[llerrad5]

I understand perhaps more than you know. 1. USA &  Australia are shipping as much Nat Gas as possible withe the facilities they have and that is a constraint to the degree that they have ships and processing at terminals. Australia has built 3 new terminals that were finished by 2119. Europe NG prices are $15.00 compared to $4.00 ish N.A. prices. 2. It has been a hot summer that fires up

[Oldnagger]

Birchcliff is not only unhedged , but also has transportation into California, Chicago and Ontario. Thus it is very well placed to capitalize on any price spikes this winter. Once Ida has passed , the market will be able to assess any prolonged damage either to offshore rigs or to LNG export facilities. Irregardless, the nat gas supply demand balance is very favourable to increased pricing