bbbrrrr cold
bob wald
today.....
d.
> im as cold as escomo toes..lol should be interesting for ng stocks
>today.....
>
Record highs where I live, Bob. And most folks here heat
with NG. uh oh.
ausound
FEDERAL GOVERNMENT WEBSITE:
http://www.ferc.gov/industries/lng.asp
QUOTE:
"There are about 40 LNG terminals that are either before FERC or being
discussed by the LNG industry for North America. Eight terminals (7
import and 1 export) are already operating on the East Coast, Gulf Coast,
Puerto Rico and Alaska (export).
Currently, there are 16 facilities under FERC jurisdiction in the
continental US. Twelve of the facilities are land-based, peak-shaving
plants that liquefy and store LNG during the summer (low demand) months
for sendout during winter (high demand) months. The remainder are
baseload LNG import terminals, which are the focus of this LNG section."
"Natural gas continues to be the economic and environmental fuel of
choice in the US. This growing trend has created a demand that cannot
be met solely by domestic or Canadian production. In the US, natural gas
production in the lower 48 states has been declining.
About 96 percent of the world's proven natural gas reserves are outside
of North America. At the same time, the US is consuming about 25 percent
of the world's annual natural gas production.
With projected decreases in conventional onshore and offshore natural gas
production and the projected decline in natural gas imports from Canada
through to 2025, growth in US natural gas supplies will depend on non-
conventional domestic production, natural gas from Alaska, and imports of
LNG.
In order for the US to meet its increasing demand for natural gas, LNG
must become an increasingly important part of the US energy mix. The
National Petroleum Council's September 2003 report estimates that LNG
could increase from less than 2 percent now to as much as 12 percent of
the US gas supply by 2025. Some estimates are even higher.
In the Energy Information Administration's Annual Energy Outlook 2005
report, total demand for natural gas is projected to increase at an
average annual rate of 1.5 percent from 2003 to 2025. EIA estimates that
LNG could account for as much as 21 percent of the total U.S. natural gas
supply in 2025. This equates to a daily regasification deliverability of
about 17.5 Bcf/d."
bob wald
others are going for close to $3000 a acre not $500.....somethings must
going to be over turned id guess...$$$$$$
they sold their leases for $500 a acre....
ausound
@storefull-3113.bay.webtv.net:
THEY'RE IN BANKRUPCY YOU NUMBNUTZ
http://biz.yahoo.com/e/091109/txcoq.pk8-k.html
On November 6, 2009, TXCO Resources Inc. (the "Company") and its
subsidiaries TXCO Energy Corp., Texas Tar Sands Inc., Output Acquisition
Corp., Opex Energy, LLC, Charro Energy, Inc., TXCO Drilling Corp., Eagle
Pass Well Service, L.L.C., PPL Operating, Inc., Maverick Gas Marketing,
Ltd., and Maverick-Dimmit Pipeline, Ltd. (collectively, "TXCO"), entered
into a definitive Purchase and Sale Agreement (the "Agreement") to sell a
substantial portion of TXCO's assets to Newfield Exploration Company for
total consideration of $223 million in cash, subject to customary purchase
price adjustments for, among other things, title and environmental defects
in excess of specified thresholds that TXCO is unable to cure prior to the
closing date. The sale is expected to close before February 28, 2010, but
the economic effective date of the sale will be January 1, 2010.
TXCO filed voluntary petitions for relief under Chapter 11 of the U.S.
Bankruptcy Code with the United States Bankruptcy Court for the Western
District of Texas (the "Bankruptcy Court") on May 17, 2009. TXCO continues
to operate its business as debtor-in-possession under the jurisdiction of
the Bankruptcy Court and in accordance with the applicable provisions of
the Bankruptcy Code and orders of the Bankruptcy Court. As debtors-in-
possession, TXCO may not engage in transactions outside the ordinary course
of business without the prior approval of the Bankruptcy Court
Blash
> bob36...@webtv.net (bob wald) wrote in news:12308-4B02F0B7-3598
> @storefull-3113.bay.webtv.net:
>
>> ijust read where tco is selling their leases for $%)) A ACRE WHERE
>> others are going for close to $3000 a acre not $500.....somethings must
>> going to be over turned id guess...$$$$$$
>> they sold their leases for $500 a acre....
>>
>>
>
> THEY'RE IN BANKRUPCY YOU NUMBNUTZ
He's hoping that at the last minute, GCOG may come in as a "White Knight"
and rescue them.......
bob wald
ausound
@storefull-3113.bay.webtv.net:
> theyre in reorg!!!!!!
>
LOL
that's not a smelly fart
........it's the "VAPORS"........
ausound
4ax.com:
> I gotta get me some of them gas stocks.
>
> Me thinks that eventually gas prices will have to go but up.
>
> Also, me thinks that hybrid cars running on gas is the way of the
> future.
>
> What's your opinion? I'd like to know.
>
you're asking Bob Wald his opinion???
LOL
oh Gawd!
bob wald
higher priced txco......at $1.59.....
shortT
> id check out cpe n sng....i shoulda went with them but i bought the
> higher priced txco......at $1.59.....
Where do you find all these gems?
http://www.prlog.org/10415988-canadian-superior-energy-inc-usa-faces-shareholder-investigation.html
shortT
ausound
news:bbb3a5e5-0e97-4824...@s31g2000yqs.googlegroups.com:
LMFAO
it's just a God given Gift that Bob Wald has
LOL
ausound
@storefull-3112.bay.webtv.net:
> id check out cpe n sng....i shoulda went with them but i bought the
> higher priced txco......at $1.59.....
>
>
SNG 4:00pm ET 0.5809 -(0.0191) -(3.18%)
the boy has got THE KNACK
ausound
> id check out cpe n sng....i shoulda went with them but i bought the
> higher priced txco......at $1.59.....
>
>
CPE 12:50pm ET 1.71 -(0.10) -(5.52%)
Fritz Brugger
> On Nov 18, 9:27 am, bob36sw...@webtv.net (bob wald) wrote:
>
> > id check out cpe n sng....i shoulda went with them but i bought the
> > higher priced txco......at $1.59.....
>
>
> shortT
It this what is called bottom feeding.. buying the unattractive thus
taking advantage of the deep discounts.. This risky trading should
never account for more than 5% of your risk money. But sometimes
negative news can be trade on to great gain.
shortT
No.
imo bottom feeding is when you look for stocks that show promise but
have been beaten down
for one reason or another. If you look at the financials of sng you
will see that their net income is getting smaller.
It looks like the company is headed towards bankruptcy.
I own Arsenal Energy Inc. TSE:AEI as a bottom feeder which at bought
at 44cents/share.
If you look at the financials of AEI you will see that the company was
profitable before the crash
lost value during the crash but is now slowly recovering.
And yes you are correct to say that no more the %5 should be in risky
investments.
shortT