Oil back down to $61. Guess iran has shot it’s load and it’s impotent.
Personally I think this is over and the iranians will finally want to sit down and talk now that the world has seen they are just a small can’t do chit country with nothing but oppressed people and oil that WE don’t need.
lng could explode...
news at noon...
How Ukraine coincidental?
Or, they may not.
Whatever you do Iran...don’t throw us into that briar patch.
Heh, heh.
Might be good for our economy if we had ever bothered to build some friggin’ export terminals.
A few additional pieces to the LNG puzzle.
U.S. LNG exports more than quintupled from 2016 to 2018,
The growth of U.S. natural gas production – led by increased shale production – has been transformative, not only domestically but globally. And it’s only the beginning.
“The United States – currently the third largest exporter of liquefied natural gas – will surpass Australia and Qatar to become the world’s largest exporter of LNG within five years, according to a recent International Energy Agency report. The United States Will Continue to Rapidly Grow Its LNG Exports.”
“In 2003, U.S. natural gas production represented about 85 percent and natural gas imports nearly 18 percent of the total natural gas consumed in the country, according to the Energy Information Administration. But the ability to produce natural gas from shale has transformed the United States from a position of energy scarcity to one that enables it to not only meet its own demand, but supply the world with this important resource as well.”
Jun 10, 2019
Following these oil price articles for the last few weeks. Crap churn.
Just ordered a bulk fill-up of LPG from Southern States Co-op.....$2.09/gal