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Natural Gas May Reach $5 Soon - DOOM on...

 
BattlesightZero
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01/22/2014 03:59 PM
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Natural Gas May Reach $5 Soon - DOOM on...
(Marketwatch) Natural-gas futures jumped on Wednesday, set for their highest close since June 2011, and prices may still have quite a rally ahead. February natural gas NGG14 +6.55%was last at $4.68 per million British thermal units, up 24.5 cents, or 5.5%, on the New York Mercantile Exchange. It was set for highest settlement in about 2 and a half years, FactSet data, tracking the most-active contracts show.
...
Coal is easy to store at the point of generation, increasing the resiliency of the local electric grid to outages – coal generators can often run for weeks without running out of fuel, not so with Natural Gas. In the event of a Nat.Gas infrastructure breach or excessive demand, gas-generated electric service will likely be disrupted in short order. Yet this administration insists on "taxing coal-fired electric generation into extinction". This is one more way in which the present administration is setting our country up for massive disruption, and posing a substantial risk to American lives.

RTWT - [link to ncrenegade.com]
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
No More Lies

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01/22/2014 03:59 PM

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Re: Natural Gas May Reach $5 Soon - DOOM on...
Let's hope.

5agas
BattlesightZero  (OP)

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01/22/2014 04:04 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Let's hope.

5agas
 Quoting: No More Lies


Q: What will people burn to keep warm when fuel is too expensive?
A: They will burn the cities down....

carbomb
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
Buzzz
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01/22/2014 04:08 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Maybe this will have something to do with when they reset the money and the dollar takes a 30 % beating !!
Anonymous Coward
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01/22/2014 04:11 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Bullshit, there is a glut of it, excess is being pumped back into ground for storage.


How can mass media stories change this much in a short time? And why don't more people notice it?
Anonymous Coward
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01/22/2014 04:11 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Q: What will people burn to keep warm when fuel is too expensive?

A. Politicians
Anonymous Coward
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01/22/2014 04:17 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Bullshit, there is a glut of it, excess is being pumped back into ground for storage.


How can mass media stories change this much in a short time? And why don't more people notice it?
 Quoting: Boris the Cat


THIS!!!!

The US is ABUNDANT in natural gas....it should be the cheapest fuel....
Watdhel

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01/22/2014 04:24 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Drive past one of the freshly drilled oil wells- those guys have 2 months to burn off, in huge flares, the excess natural gas. The rest must be harvested and pumped into pipelines.
BRIEF

User ID: 381742
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01/22/2014 04:27 PM

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Re: Natural Gas May Reach $5 Soon - DOOM on...
There's more natural gas around here than you can shake a stick at...and I tried...until my arm got tired.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
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01/22/2014 04:36 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
We have ga wells out the wazoo here.

Time for an artificial price increase
BattlesightZero  (OP)

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01/22/2014 05:57 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Bullshit, there is a glut of it, excess is being pumped back into ground for storage.


How can mass media stories change this much in a short time? And why don't more people notice it?
 Quoting: Boris the Cat


THIS!!!!

The US is ABUNDANT in natural gas....it should be the cheapest fuel....
 Quoting: Anonymous Coward 53064802


The gas itself is only half of the equation. Pipelines and storage facilities are the other half... and the infrastructure development hasn't kept pace with demand. Just like with the electrical grid, we are facing demand-driven distribution limitations which only a massive increase of infrastructure can address. But they're not building nearly enough new infrastructure. So either they don't care, or they assume that there is going to be a substantial reduction in demand...
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
Anonymous Coward
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01/22/2014 06:24 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
I went from a $70.00 for Nov to a $499.00 for Dec bill...our co.op gets their power from Natural gas.

The bastards!
Dirtyboy

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01/22/2014 06:53 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
During periods of high demand the price goes up. A cold winter will mean an increase in the price. It is just like gasoline prices go up in the summer because of increased demand. Diesel and fuel oil (basically the same thing) usually increase in the winter.
Dirtyboy
Think beyond impossible.
Nev6502

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01/22/2014 06:59 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
During periods of high demand the price goes up. A cold winter will mean an increase in the price. It is just like gasoline prices go up in the summer because of increased demand. Diesel and fuel oil (basically the same thing) usually increase in the winter.
 Quoting: Dirtyboy


A 400 pip rise in 2 days has not happened since 2010. It's not the "winter rise". This is something that has been happening the past two days.
Anonymous Coward
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01/22/2014 07:03 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Yea i dont buy this for a second. There is so much of this stuff in storage they are running out of room to put it.... I call bs
The Fifth Element

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01/22/2014 07:08 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Bullshit, there is a glut of it, excess is being pumped back into ground for storage.


How can mass media stories change this much in a short time? And why don't more people notice it?
 Quoting: Boris the Cat


Only since they developed Fracking since the early 2000's has it been in abundance. They also keep discovering new Shales that produce the gas. I have interest in a well in TX and most of my little royalty check goes to transporting the gas. In the early 2000's gas was around $7.00 and they were drilling and Fracking like crazy, but now it is too cheap to drill.
"Never, never, never give up."
Winston Churchill
Anonymous Coward
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01/22/2014 07:11 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Thank god I will be moving in a week,new address will be pulling its energy from a dam and not from Natural gas.
Anonymous Coward
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01/22/2014 07:15 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
This!




A 400 pip rise in 2 days has not happened since 2010. It's not the "winter rise". This is something that has been happening the past two days.
Anonymous Coward
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01/22/2014 07:16 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
This!



 Quoting: Anonymous Coward 51948787
A 400 pip rise in 2 days has not happened since 2010. It's not the "winter rise". This is something that has been happening the past two days.

Useless Cookie Eater

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01/22/2014 07:17 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
(Marketwatch) Natural-gas futures jumped on Wednesday, set for their highest close since June 2011, and prices may still have quite a rally ahead. February natural gas NGG14 +6.55%was last at $4.68 per million British thermal units, up 24.5 cents, or 5.5%, on the New York Mercantile Exchange. It was set for highest settlement in about 2 and a half years, FactSet data, tracking the most-active contracts show.
...
Coal is easy to store at the point of generation, increasing the resiliency of the local electric grid to outages – coal generators can often run for weeks without running out of fuel, not so with Natural Gas. In the event of a Nat.Gas infrastructure breach or excessive demand, gas-generated electric service will likely be disrupted in short order. Yet this administration insists on "taxing coal-fired electric generation into extinction". This is one more way in which the present administration is setting our country up for massive disruption, and posing a substantial risk to American lives.

RTWT - [link to ncrenegade.com]
 Quoting: BattlesightZero


:gasprices:

Last Edited by Useless Cookie Eater on 01/22/2014 07:17 PM
waterlily

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01/22/2014 07:34 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Bullshit, there is a glut of it, excess is being pumped back into ground for storage.


How can mass media stories change this much in a short time? And why don't more people notice it?
 Quoting: Boris the Cat


THIS!!!!

The US is ABUNDANT in natural gas....it should be the cheapest fuel....
 Quoting: Anonymous Coward 53064802


The gas itself is only half of the equation. Pipelines and storage facilities are the other half... and the infrastructure development hasn't kept pace with demand. Just like with the electrical grid, we are facing demand-driven distribution limitations which only a massive increase of infrastructure can address. But they're not building nearly enough new infrastructure. So either they don't care, or they assume that there is going to be a substantial reduction in demand...
 Quoting: BattlesightZero



Reset.
*********** WaterLily ***********
" Do I dare
Disturb the universe?"
-- T. S. Elliot, Love Song of J. Alfred Prufrock

*************************************
“We are as ignorant of the meaning of the dragon as we are of the meaning of the universe.”
-- Jorge Luis Borges
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Pompey made his preparations for the war at the end of the winter, entered upon it at the commencement of spring,
and finished it in the middle of the summer."
-- Cicero, De Imperio Cn. Pompei
Anonymous Coward
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01/22/2014 07:42 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Ooo yes more work for UA pipeliners!!
Anonymous Coward
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01/22/2014 07:42 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Prices are up, I nad to switch from ash to hickory which iz always more expensive
solmix

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01/22/2014 07:47 PM

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Re: Natural Gas May Reach $5 Soon - DOOM on...
Just open a faucet in those fracked up areas. Lightem if you gottem.explosion
Anonymous Coward
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01/22/2014 07:48 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
There's more natural gas around here than you can shake a stick at...and I tried...until my arm got tired.
 Quoting: BRIEF



Shilling for fracking again, I see.
Anonymous Coward
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01/22/2014 07:49 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Bullshit, there is a glut of it, excess is being pumped back into ground for storage.


How can mass media stories change this much in a short time? And why don't more people notice it?
 Quoting: Boris the Cat


Well, if you subscribe to socialism, it's a fear tactic.

If you subscribe to objectvist Ayn Rand economics, it's the system at work! 'Greed is good'.

If you've read Marx, it's the Bourgeoisie.

If you're functionally literate with a modicum of commonsense and you've tried to read Adam Smith then you know we are about to go through a massive war, die off, and hopefully, the rebirth of an era of usefulness and return to generalization.

To quote Heinlein:

A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.
-Robert A. Heinlein
Anonymous Coward
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01/22/2014 07:50 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
(Marketwatch) Natural-gas futures jumped on Wednesday, set for their highest close since June 2011, and prices may still have quite a rally ahead. February natural gas NGG14 +6.55%was last at $4.68 per million British thermal units, up 24.5 cents, or 5.5%, on the New York Mercantile Exchange. It was set for highest settlement in about 2 and a half years, FactSet data, tracking the most-active contracts show.
...
Coal is easy to store at the point of generation, increasing the resiliency of the local electric grid to outages – coal generators can often run for weeks without running out of fuel, not so with Natural Gas. In the event of a Nat.Gas infrastructure breach or excessive demand, gas-generated electric service will likely be disrupted in short order. Yet this administration insists on "taxing coal-fired electric generation into extinction". This is one more way in which the present administration is setting our country up for massive disruption, and posing a substantial risk to American lives.

RTWT - [link to ncrenegade.com]
 Quoting: BattlesightZero


"“With tight fundamentals, $5 gas is not impossible,” analysts at Citi said in a note Wednesday.""

Hmmm. I wonder how much Citi just sunk in to Nat Gas futures? Probably billions from customer deposits. It's not like they'll suffer if they lose it.
Anonymous Coward
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01/22/2014 08:14 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Wake me up when it hits $20 that would be a new high, at $5-10 nothing to see here.
Resister

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01/22/2014 08:20 PM

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Re: Natural Gas May Reach $5 Soon - DOOM on...
Thank you Agenda 21 tree huggin' dirt people. Your dumbass efforts to "save the planet" have played right into the NWO's hands and resulted in the greatest country on Earth being one harsh winter away from freezing to death.
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787
synchro

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01/22/2014 08:56 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
Propane too?

scratching
KimmieAnnaJones

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01/22/2014 09:22 PM
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Re: Natural Gas May Reach $5 Soon - DOOM on...
There's more natural gas around here than you can shake a stick at...and I tried...until my arm got tired.
 Quoting: BRIEF


^^^ What he said. This is short term doom. The real TSHTF stuff does not happen until the gun laws change. When that happens, there is no time left to run.
"Holy, holy, holy is the Lord God Almighty, who was, and is, and is to come." - I AM



Vote for people that have a track record for loving your Constitution or lose your country forever!!!

Put down the damn touchy feely koolaid and WAKE THE FUCK UP!!!!

:militia:





GLP