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Strategies & Market Trends : Natural Resource Stocks

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isopatch

roguedolphin

tntpal

To: isopatch who wrote (105982)	2/20/2024 5:25:38 PM
From: Cyrus	3 Recommendations of 108523

Bought a starter position in BOIL this am, nice pop today. Somewhere in here is the lowest price we will ever see in our lifetimes for NG. There is already more than enough LNG plants approved and being built. Biden put a hold on new ones but from my figuring the US doesnt want anymore as LNG will become very expensive already. Side note here in Az I pay almost $2 a therm, which is a weird measurement but it works out to $20/ thousand 10X the current market price unless my math is wrong lol. I cant figure out how they set the rates here but the state has something to do with it. Makes pool heating costly lol

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