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Search: Posts Made By: SMCJB
Forum: Commodities October 26th, 2022, 11:41 AM
Replies: 23
Views: 3,886
Posted By SMCJB
Yes gas prices in Europe went negative yesterday...

Yes gas prices in Europe went negative yesterday for a few hours. In West Texas (Waha & Permian) prices yesterday (25th) for flow today (26th) were minus $2.

The Europe situation is primarily due...
Forum: Commodities September 11th, 2022, 05:39 PM
Replies: 23
Views: 3,886
Posted By SMCJB
At some point demand destruction will become a...

At some point demand destruction will become a major factor, but while demand destruction may reduce the energy needs it will be disastrous for economies.
Forum: Commodities July 22nd, 2022, 11:38 AM
Replies: 23
Views: 3,886
Posted By SMCJB
I agree excellent question, especially since he...

I agree excellent question, especially since he mentions equipment and not labor.

Symple I think you make a lot of interesting points. Obviously the breaking point in the current energy crisis is...
Forum: Commodities July 21st, 2022, 10:47 AM
Replies: 23
Views: 3,886
Posted By SMCJB
I found this very interesting Not trying to...

I found this very interesting

Not trying to be political but one of the 'rallying chants' of the right in the US is that Biden is partly/mostly/completely to blame for energy prices and inflation...
Forum: Commodities July 20th, 2022, 10:19 AM
Replies: 23
Views: 3,886
Posted By SMCJB
Definitely a frightening picture especially if...

Definitely a frightening picture especially if this continues into the winter. When we had the freeze here in Texas in Feb'21 ang gas prices went from $3 to $300-$1000 depending where you were, the...
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