Veren Inc T.VRN

nat gas news....

[downwithdotcom1]

this is what is important to VRN investors see below..dwdc

"Natural Gas price has added another piece to its staggering performance for this year. Since the low of February 24th at $1.6290, gas prices have rallied near 90% to $3.08 on Wednesday. The recent surge comes after Russia communicated that it will redraw borders in the Baltic Sea for its exclave Kaliningrad and around a few Russian Islands near St. Petersburg, heightening tensions for all Baltic and Scandinavian countries in the region with risk that Russia could cut off and control the entrance to the Baltic Sea. "

[westcoastlogger]

Oh and to only think we could of built a dozen LNG plants in the last few years like the US has but our government said there was no business case for it. 100M bucks a load all heading for Germany, Japan, Greece, Indonesia, but no. No business case for it. Sad really.

[packerdriver]

HOGWASH !!! The US was able to export LNG quickly because the plants, pipelines and port facillities were ALREADY BUILT !!! The US IMPORTED LNG for decades from the middle east. The Marcellus happened, cheap gas was everywhere on the east coast, prices plummeted. Those plants were redundant and economical and were mothballed. When the war in Europe erupted and prices there skyrocketed it was a

[DivChase]

Your mostly right on the mark except two things IMO.  1) Just because it takes 20 years to build anything here, doesn't mean that's true in the USA.  Likely a project the scale of LNG Canada can get done in 5 to 8 years in Texas.  2) your comment about "no one would take this risk" is not true.  Leaders of Germany and Japan where prepared to sign long term

[westcoastlogger]

Many of our oil and gas producers fled south to the welcoming arms of President Trump, Kinder Morgan being one of the majors, over the years this imbecile in Ottawa has been chasing investment out of the country. Investment and productivity are at historic lows and our debt and deficits are at never-before-seen obcene levels(1 billion/week interest payments) under the Son of Castro's reign

[Moemoney42]

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[packerdriver]

Kinder Morgan is a major oil and gas producer??? Say what? KM never produced a barrel of oil in its life! It's a pipeline company that happenned to own the ONLY oil pipeline that crosses the rocky mountains is all of North America. Ya think if such a pipeline across the mountains made economic and logistic sense the Americans would have built even a SINGLE one decades ago??? Anyway, KM balked

[westcoastlogger]

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[Moemoney42]

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[DivChase]

He's right and he is wrong.   He is absolutely correct that both generations of Trudeau's have been complete disasters for Alberta.  I'm just guessing but if not for the constant interference in our industry here over 50 years we would probably be producing double what we are now   It's also undeniable this government has by way of stifling business here prompted

[packerdriver]

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[westcoastlogger]

If Trudeau had built more pipelines we would of been getting world prices for our oil other than being tied to one buyer, the US, for all these years, andTrudy would rather bring in 350,000 barrels a day of Saudi oil at world prices than use our own. This illustrates the lack of brains of this idiot and by the way, his step dad Pierre gave the west the finger in1982 at Salmon Arm. But they sure

[packerdriver]

OMG ! You want Trudeau to build you another pipeline??? That ain't going to happen! How many pipelines did Harper build in his 9 years??? Heck, how many pipelines were built by anybody under Harper's watch??? ZERO! Multinational oil companies (and a national like Irving) buy crude oil from wherever for their refineries given quality/grade, availability and price considerations. (Trudeau

[westcoastlogger]

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[westcoastlogger]

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[westcoastlogger]

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[packerdriver]

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[westcoastlogger]

The first thing Trudeau did was cancel the Northern Gateway pipe and cancel tankers on our north coast. The Trans Mtn pipe was in the works long before he came along and panicked when Kinder told him to take the TM pipe and stuff it because of all the beauracracy and protests and red tape that Cathrine McKenna was throwing up in the way at the time.. Thus him spending 4.5B of my money and an

[packerdriver]

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[westcoastlogger]

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[westcoastlogger]

Not to mention the perma-frost issues the Trans Alaska Pipe also has to deal with. Yes, perma-frost, the stuff you eco freaks want us to think is all melted because of your global warming nonsense.

[westcoastlogger]

The tankers that Trudy banned on the north coast would of been using Gardner Canal in and out of Kitimat, the exact route LNG tankers will now be using to transport gas with the equivalent of several atom bombs if ignited. 2 days shorter shipping route to Asia and of course Trudy and his eco mob used every excuse under the sun that the route was unsafe. Ships captains have said they would rather

[packerdriver]

You're funny....the TEZ was/is from Prince William Sound in the north....to Juan de Fuca Strait in the south. Tankers are/were allowed in both places....anywhere in between they have/had to stay 100 NM offshore... Nothing's changed since 1985. So yeah, you did see tankers in Juan de Fuca....so did everybody else....you're not "special". What's your point?

[westcoastlogger]

The TEZ could easily be excluded by a willing government to allow tankers in and out of ports anywhere on our coast. Why will LNG ships with extremely hazardous cargo be using the same routes on our coast that tankers would of?? These were all arguments in the press and the public at the time of Trudy banning everything and yes, shipping people said they would rather stay the hell out of Vancouver

[westcoastlogger]

Who said anything about being 'special' because I pointed out that big tankers come in so close to our shores that you could almost hit them with a rock. Your the one that tries to get people to believe that just because they're an oil tanker they have disaster written all over them and are far too big of risk to be anywhere near our coast. They've been doing it since the 70s with

[packerdriver]

Yep, the Exxon Valdez cost 2.8 BILLION to clean up and another 1 BILLION to settle all the damage claims. The Queen of the North went down in the very channel that tankers would have used if NG had been allowed to happen. Nobody cares who the skippers of both vessels were or what they were doing at the time of the disasters. The point is they happened. GET IT? All of that is why the US agrees with

[westcoastlogger]

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[westcoastlogger]

Lets ban all aircraft because sometimes they crash. Get real.

[packerdriver]

when a plane goes down it doesn't contaminate 1300 miles of coastline like the Valdez spill did. A plane crash takes a few days to clean up....not THREE YEARS that it took to clean up after the Valdez. Thirty years later area residents are still living with some consequences of the spill that clean up was never able to fully address. https://response.restoration.noaa.gov/oil-and-chemical

[westcoastlogger]

Please explain why people pick and grow fresh shellfish and consume it without consequences on the beaches of the English Channel, where during WW2 the beaches were awash with Bunker C  from thousands of sunken vessels. It was said the beaches were covered with oil and blood for as far as you could see for hundreds of miles in every direction and was never cleaned up, but if we have one

[westcoastlogger]

When a plane goes down sometimes hundreds of people lose their lives. There were no lives lost on the Exxon Valdez and everywhere I look where I go these days we have seals, sea lions, sea otters, eagles, sea gulls, killer whales, grey whales, herons, in some cases far too many seals and sea lions eating too many fish. I dont see any consequences of ship wrecks anywhere. Crab, prawns, halibut

[westcoastlogger]

Well someone can feel put upon about how I explained the circumstances of the Queen of the North hitting the rocks and sinking, but it was indeed because the Captain and the First Mate were having sexual relations at the time of the incident. This is how prosecutors and lawyers related the incident to the general public so I dont know why this would be considered vulgarity and profanity, but this

[packerdriver]

The best part of all of that was the "IMO" at the end. Good for you! NOBODY CARES what the captains were doing when they ran aground....THEY RAN AGROUND... in an extremely sparsely populated area making early and effective spill response impossible.

[westcoastlogger]

You must not have a clue about the history of our coast. We have many dozens of ship wrecks and vessel sinkings of note going back a couple hundred years and thats just the way it is. I'm not obcessed with it because it really has no consequence or harm in the overall history of the place.

[westcoastlogger]

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[westcoastlogger]

You make it sound like they only hate Trudy and teach hatred for him in Alberta. Come on!! We hate him everywhere across the entire country.

[Marty47]

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[Marty47]

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