It looks like I didn't understand your posting yesterday the way you meant it. And yes, the situation here in Europe can be very upsetting, because what the politicians are doing in terms of energy supply is hard to bear.
"Insane" was therefore more thought in the context and not in relation to you as person. That' s where I expressed myself too little specifically and mixed everything somewhat in the small excitement.
If it should have happened nevertheless and I have stood with it on your feet, then I would like to apologize with you and hope that the thing is thus settled.
Notice @bobwest : I have taken note of your posting and therefore made this posting here
I wish all a pleasant day and good trading.
Symple
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NG margins going up yet again (3rd time in 7/8 days).
I think this is the highest they have been in recent history, even though prices are still well below recent highs.
NG Margin changes effective COB July 22nd, 2022
Maintenance margin's changing as follows (Note: Non-member initial margin rates will be 110% of these)
Tier 1 / Aug22 increasing from $10,300 to $11,300 +$1000
Tier 2-7 / Sep22-Feb23 increasing from $10,000 to $11,000 +$1000
Tier 8 / Mar23 increasing from $8000 to $8800 +$800
Tier 9 / Apr23 increasing from $4800 to $5300 +$500
...
Tier 15 / Oct23 increasing from $4000 to $4400 +$400
...
Tier 18 / Jan24 increasing from $3400 to $3600 +$200
...
Tier 21 / Apr24 unchanged at $2950
Freeport LNG continues to believe that it can complete the necessary corrective measures, along with the applicable repair and restoration activities, in order to resume initial operations in early October. Those initial operations are expected to consist of three liquefaction trains, two LNG storage tanks and one LNG loading dock, which the company believes will enable delivery of approximately 2 BCF per day of LNG, enough to support its existing long-term customer agreements.
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"The potential losses Freeport's offtakers may face... will probably be within the range of about $6-$8 billion, on a collective basis," said Tamir Druz, managing director at Capra Energy, an LNG consultancy.
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