Energy Prospectus

Dan

watching the natural gas numbers closely, thanks for the updates...

what are the projections for this week's EIA natural gas storage report?

Dan has written about this topic on several occasions. Very interesting article. https://worldoil.com/news/2022/5/5/drilling-for-shale-oil-is-getting-more-expensive-at-the-worst-possible-time/ (Bloomberg) — Inflation in the oil sector is worsening and industry executives see no reason to expect cost...

meanwhile, the Bozo the clown show at the Biden White House decides they need to "replenish the SPR" ... while prices are high https://www.cnn.com/2022/05/05/energy/spr-biden/index.html New York CNN Business — The Biden administration plans to seek bids this fall to buy 60 million barrels ...

thanks Dan we see diesel prices impacting everything in our lives...just walk the aisles at the neighborhood grocery store just a general comment 50 BPS hike today, the markets knew it was coming... will the same old FOMC toolbox tricks slow down inflation this time? guess that's all they have left,...

thanks Dan, you definitely gave us a heads up!

some 2x BULL leveraged ETFs in the sector:

BOIL 2x BULL natgas (2x UNG)
GUSH 2x BULL oil&gas E&P (2x XOP)

viewing XOP's holdings, the Sweet 16 and Dan's Small-caps approx 40% of it's holdings, along with 20% in refiners

+40 Bcf

let's light this candle

Dan: your thoughts on the Russian natgas cutoff for Poland & Bulgaria?

been following news in this region for some years concerning oil & gas development HIllcorp made a large investment in the area in 2017 when they acquired the San Juan basin assets from Conoco Phillips. Hilcorp San Juan, L.P. is a partnership between Hilcorp Energy Company and The Carlyle Group....

some tax history that I'm sure Dan knows about SCOTUS ruled that an income tax is unconstitutional in 'Pollack vs Farmer's Loan & Trust' (1895) thank the Democrats in Congress for the Federal Income Tax Constitutional amendment passed in 1909 and ratified as the 16th Amendment in 1913 if deficit...

thanks for the updates!
I threw some more ESTE in the trunk today