Birchcliff Energy Ltd T.BIR

Amazing Coincidence

[Oldnagger]

At the same time that the Freeport fire occured (June 08 2022) ,not only nat gas prices started to fall , but also WTI prices. Is there a lesson in this for conspiracy theorists ??

WTI Oil Price Per Barrel - Oil Prices Today (oilcrudeprice.com)


Henry Hub Natural Gas Spot Price (ycharts.com)

[Oldnagger]

The oil market is based on two pricing mechanisms futures and physical. In the shorter term, the futures pricing can easily outweigh the physical market. Until real shortages pop up !! Now WTI pricing is ultimately decided by supply and demand for barrels at Cushing Oklahoma.  Since June 10 the inventory at Cushing has risen from 22.615 million barrels to 26.230 million barrels. (3.165

[checkup]

Good comment.   Yes.....where is Biden going to go to get real barrels to fill the SPR???  Trudeau is doing his very best to destroy Canada's energy industry, OPEC is in decline, nations are preparing for war.

[navajojoe]

This post has been removed in accordance with Community Policy

[Bullchart1]

Yes.. 80% NG and 10% NGL Only 3% crude oil

[PlutusofCrete]

Navajojoe - we like to discuss many things on this board....Oil included.  navajojoe (626) User Actions   47 minutes ago 30 Reads Post# 35038443 RE:RE:RE:Amazing Coincidence Why are you idiots yapping about oil?  BIR is mostly nat gas, and the price of that has been dropping

[Skylar1]

Nice calling the others on the board idiots ,  Sir you have insulted me and i challenge you to a dual , MAIN STREET HIGH NOON.

[Oldnagger]

Don't waste your tome !!

[Oldnagger]

Joe Biden is using the SPR to save his own skin ( and unless you are another SLO JOE you will realize that he has been doing the same with the Freeport prolonged  shutdown ) !! Biden is depleting the nation's strategic oil supply to save his own skin (washingtonexaminer.com)

[navajojoe]

This post has been removed in accordance with Community Policy

[checkup]

Well, there is zero trust in the government and their bureaucracys.  Why was the go ahead given at 85% restoration but not now?  Just in time for midterms.  Yes, I'm paranoid but for very, very good reason.